And just like that, Labor Day Weekend is a few days away. It usually feels like summers go by in the blink of an eye, but this year more so than ever it felt ultra-quick. Autumn in the northeast is one of my favorite times of the year, though. Hopefully a smooth-sailing football season is around the corner.
Here’s what I’ve been reading this morning:
‘How Should You Diversify From Stocks?’ – Mullooly Asset Podcast
- In Ep. 322 of the Mullooly Asset Podcast, we talked about different ways to diversify away from stocks in this market environment. Low interest rates have made bonds less appealing, but they still could be the best way to go for diversification.
‘Alternative Forms of Wealth’ – Morgan Housel – Collaborative Fund
- Being wealthy doesn’t always equate to having a lot of money. We’ve found that to be true especially during this COVID-19 crisis. In his post from last week, Morgan outlines a few ways to be wealthy that don’t involve having money.
‘The Problem With High Expectations’ – Ben Carlson – A Wealth of Common Sense
- Pulling from a few different sources, including a great story from David Spade about Tommy Boy, Ben writes about how expectations can drastically change how we view certain events.
‘Individual-Investor Boom Reshapes U.S. Stock Market’ – Alexander Osipovich – The Wall Street Journal
- It feels like almost every aspect of our world has changed in 2020, and this post outlines how the stock market has changed as well. The pandemic has sparked a new wave of individual investors trading stocks like we haven’t seen in a while.