Blade Runner: Reality Catches Up With Science Fiction
Self-driving cars, lifelike robots, artificial intelligence, and video phones used to be the stuff of fiction. Now, Millennials and members of Gen Z may find the original Blade Runner movie a bit...
View ArticleDoes Saving Take Willpower?
I recently had a conversation with someone who wanted to know if I thought putting money into a savings account every month is a question of willpower, i.e., putting your mind over your money matters....
View ArticleAnd The Leader In Biometric Identification Is India!
Remembering passwords, especially if you follow best practices and have unique 12- to15-character passwords for each account, can be challenging. Even when you follow best practices, which many people...
View ArticleKnowing Why You are Saving Makes it Easier to Stop Spending
Personal finance decisions are actually pretty simple. We already know that we should be saving money every month. We know that we shouldn’t be eating out as much as we do. We know that we could...
View ArticleI (We) SERIOUSLY Need To Relax
I breathe deeply for 30 minutes. Every. Single. Day. It keeps me sane and healthy. After reading Americans Are Officially Freaking Out by Deena Shanker, I am more convinced than ever that my daily...
View ArticleYou Can’t Predict the Future, So Stop Trying!
Larry Swedroe wrote a terrific piece for etf.com a few weeks ago called Better to Face Correction. He delivers a great no-nonsense take on trying to time your way around a correction: “Even if you...
View ArticleAre You Easily Distracted?
My post last week about avoiding pessimism got me thinking. Why is it so hard for investors to hang-in there during normal market volatility? I think the answer is simple: we get distracted. The same...
View ArticleDuck Soup: I’m Not Done with Michael Shermer!
I ended my last post with a nod to the entrepreneur: “They DID build it.” In my admittedly biased opinion, an individual who takes the risk and puts in the effort matters more than the conditions. Luck...
View ArticleAre You Concerned About Human Obsolescence?
Researchers from the University of Oxford and Yale University asked experts at several artificial intelligence (AI) conferences how long it would be before machines became better than humans at various...
View ArticlePerhaps it’s Best to Use Old Newspaper and String.
Here’s something to keep in mind next holiday season when you get ready to wrap gifts. If you have any doubts about whether your spouse will appreciate the workout gear, your daughters-in-law will love...
View ArticleHow Long Do You Want to Live?
In 2013, the Pew Research Center asked Americans about the ideal lifespan. More than two-thirds (69 percent) gave an age between 79 and 100. Four percent wanted to live to be anywhere from 101 to 120,...
View ArticleGood Links
We are what we think. We think about what we read. There is so much that is unhelpful. Let’s share some good bits. What are you reading? Get Off The Couch. Move around. You don’t have to do High...
View ArticleMaybe… Look Less Often
Isaac Presley at Cordant Wealth Partners wrote “Putting your portfolio in a drawer” and got me thinking. Why do my personal portfolios seem to be doing so well? Are they different from clients? No –...
View Article‘Inequality’ and the Kaisen Engine
Inequality is a big modern buzzword, but it isn’t anything new. There has always been inequality in everything. As a child, I used to whine to my mother when a friend had a toy or a privilege that I...
View ArticleINVESTING IS A LOT LIKE POWDER SKIING
As I settle back into the office after seeking the fresh deep powder turns of British Columbia for 4 days with my wife (and favorite ski partner), I get to reminisce about how absolutely lucky we were...
View ArticleGood Links
We are what we think. We think about what we read. There is so much that is unhelpful. Let’s share some good bits. What are you reading? BE IT! Don’t just Do It. Dennis Moseley-Williams Read what...
View ArticleIt’s about time. I was worried the market was broken.
Thank goodness the markets corrected last week. The thing can’t just go up and up… and up. The return of volatility is the return to normal. We embrace volatility as the normal operation of healthy...
View ArticleHARD WORK + GOOD HABITS + LUCK = GRATITUDE
Tom Corley says things I think and am afraid to say. I worry it’ll come out wrong and fear I may hurt feelings. I never want to blame people for their circumstances. But, I do want to express...
View ArticleGood Links
We are what we think. We think about what we read. There is so much that is unhelpful. Let’s share some good bits. What are you reading? UCLA neuroscientists shed some light on practices that actually...
View ArticleThe Market Response to Fewer Regulations
This isn’t intended as a political discussion. I am not advocating for or against any particular policy. I am stating my belief that policies stack and have a negative aggregated effect on small...
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