As I type this, we are currently 29 points away from the Dow Jones hitting 30,000 for the first time ever. It’s a fun milestone, and it’s important to keep it in perspective over the span of an investing career. We talked about just how far the market has moved over the last 35 years in last week’s video. Check it out.
Here’s what I’ve been reading this morning:
‘How to Make Your Financial Goals a Reality’ – Mullooly Asset Blog
- Last week we talked about setting financial goals for the new year, but how do you actually stick with those goals? This week we outline a few ways to make following through on those new year goals easier.
‘Delete Arrogance From Your Retirement Portfolio’ – Tony Isola – A Teachable Moment
- When it comes to your portfolio, overconfidence can cause problems for your returns. Tony illustrates over the span of many, many years how nationalism and home-county bias have played a big part in investors’ performance.
‘Move Over, Millennials’ – Michael Batnick – The Irrelevant Investor
- For years Millennials were seen as the young generation, but now Gen Z is starting to work its way into adulthood. Michael writes about how Gen Z’s preferences for consumption are even more different than Millennials.
‘We Begin Our Lives as Growth Stocks, but End Our Lives as Value Stocks’ – Nick Maggiulli – Of Dollars and Data
- While it’s important to set goals and dream big, Nick writes in his latest post about how over time our realization that some dreams may not happen cause us to lower our expectations. Find out how that turns us from growth stocks initially into value stocks later in life.