Well, the Jets are 0-5 and seem to be in a race to the worst record in the NFL against the Giants and the Falcons. It’s a strange thing to root for your team to lose every week, but here we are. Hopefully the Jets can figure it out by the start of the season NEXT YEAR.
Enough about the NFL, let’s start the week off with some thought-provoking finance posts!
Here’s what I’ve been reading this morning:
‘Volatility is a Feature, Not a Bug’ – Mullooly Asset Podcast
- Whether it’s because of a pandemic, an election, the Fed, or some other factor – volatility is a permanent force in the markets. In the latest podcast episode, we discussed the constant presence of market volatility and a few other hot topics.
‘Don’t Take Personal Finance Advice from Billionaires’ – Ben Carlson – A Wealth of Common Sense
- A podcast listener wrote to Ben asking about the real estate advice from guys like Ray Dalio and Howard Marks. Ben wrote this post about why you shouldn’t take personal finance advice from billionaires who have no idea what your financial situation is like.
‘The 7 Things That Matter for Markets Going Forward’ – Ben Carlson – A Wealth of Common Sense
- This year has been a roller coaster for markets, but Ben narrows it down to seven things that will most significantly impact markets in the future. From the Fed, to inflation, to fiscal stimulus – all of these factors will play a role in how the markets move in the future.
‘Your Cash Earns Zip, Zilch, Nada. Don’t Make it Worse’ – Jason Zweig – The Wall Street Journal
- It’s not secret that interest rates are LOW. Jason writes that while it’s never been more tempting to try and get “more” from your cash, it’s more important to know what NOT to do with it. Taking extra risks with your cash could prove costly.