We have a late afternoon edition of Top Links today. This morning was pretty exciting, so I apologize for the late start. This morning I learned, alongside my dad Tom Mullooly, that we both passed the CFP exam!
Here’s what I’ve been reading this afternoon:
‘Trust is Not For Sale’ – Casey Mullooly – Mullooly Asset Show
- Financial planning is a living, breathing, relationship that’s built on trust. Not some stale 30 page document that’s going to change in 6 months. In this week’s video, Casey speaks to our financial planning process and how it differs from the recent actions of Vanguard.
‘A Stock is Not an Index’ – Nick Maggiulli – Of Dollars and Data
- Netflix is currently in free fall. Last week alone it wiped out over 37% from reporting poor earnings. With the stock down so bad, is now a good time to buy? Nick writes about why buying a stock down bad is not the same as buying an index that’s down bad.
‘Katy Bar the Door’ – Josh Brown – The Reformed Broker
- If I asked you what Scotland in 1437 and the companies Apple and Microsoft have in common, you’d almost certainly say nothing. However, Josh writes about why we’re approaching a “bar the door” moment with these two companies, and why you should be paying attention to what happens next.
‘Never Saw it Coming’ – Morgan Housel – Collaborative Fund
- If you don’t factor in surprises, predicting the future would actually be pretty easy. However, as Morgan writes, the surprises are the ones that hit people the hardest. He writes about how to try and plan for the unexpected in his latest post.
ENJOY!
