I don’t know about anyone else, but here in New Jersey I am over this heat. It gets to the end of July every year, and I start daydreaming about crisp fall weather. Of course, I’ll probably wish for summer when that actually comes.
Does anybody else get these same feelings every year? Or is it just me? Let me know!
Here’s what I’ve been reading this morning:
‘Does the Financial Media Affect the Stock Market?’ – Michael Batnick – The Irrelevant Investor
- After Bill Ackman blamed CNBC for running his own comments to make good TV, Michael looked at how much power the financial media has. Can they actually move the markets in a meaningful way, or just short term pops? Find out in Michael’s latest post.
‘DOL Proposal Puts American’s Retirement Savings at Risk’ – Barbara Roper – Think Advisor
- The Labor Department is proposing another “fiduciary” rule for advisors. I use air quotes, because this proposal’s definition of fiduciary would leave a lot of loopholes open that could harm investors.
‘Appearances vs. Experiences: What Really Makes Us Happy’ – Shane Parrish – Farnam Street
- We’ve all heard the saying that experience makes us happier than things, but people rarely take that into account when choosing a home. Shane looks at how the experience of a living space matters more than the physical appearance.
‘Banking From A to F’ – Richard Quinn – Humble Dollar
- People are free to utilize whatever saving method they like, as long as it works for them. Richard offers his way of utilizing different bank accounts that are designated for different obligations.