Today is always a difficult day for me. It’s the 3 year anniversary of when one of my roommates from college passed away. It’s always a reminder that life is short, and should be lived to the fullest each and every day. I wrote about this a while back. You can check it out here.
Here’s what I’ve been reading this morning:
‘Planning > Investing’ – Douglas A. Boneparth – Bone Fide Wealth
- People still believe market gains are more important than financial planning, and Doug writes about why that isn’t the case.
‘Nothing Enrages the Bears Like the Beat n’ Raise Shuffle’ – Josh Brown – The Reformed Broker
- Josh writes about the B ‘n R shuffle, and how companies cutting projections now will eventually “beat” them once all of the headlines calm down and business continues as usual.
‘A Crisis is the Worst Time to Learn Your Risk Tolerance’ – Cullen Roche – Pragmatic Capitalism
- While the coronavirus does sound scary, Cullen writes about why changing your risk tolerance or learning what it really is during a crisis is the wrong move.
‘The Pros Have to Sell Stocks Now. You Don’t.’ – Jason Zweig – The Wall Street Journal
- Institutions and professional investors need to make moves during market downturns for their job security, but individual investors should sit tight.
ENJOY!