We are in PRIME overreaction territory for the NFL season. After two weeks, people are ready to crown some teams or completely write off others. It’ll be interesting to see how that changes by the end of the season. It always reminds me to keep our emotions and reactions in check for everything from football to your investment portfolio.
Here’s what I’ve been reading this morning:
‘Timeless Wisdom Never Grows Old’ – Tony Isola – A Teachable Moment
- There is certainly no shortage of information in today’s age. However, Tony writes about how more people are reading social media than actual books. The timeless wisdom and benefits from reading an actual book never get old!
‘Past, Present, and Future’ – Michael Batnick – The Irrelevant Investor
- Piggybacking off of his piece from last week, Michael continues looking back at his career and the turns it’s taken over the years. He talks about finding a good balance between the past, present, and future.
‘How Rich are American Households?’ – Ben Carlson – A Wealth of Common Sense
- The Fed tracks household data looking at assets and liabilities going back a few decades. Ben uses this information to discuss how the American household is positioned in this current economy.
‘The 4 Types of Leverage to Supercharge Your Income’ – Nick Maggiulli – Of Dollars and Data
- In Nick’s latest post he talks all about leverage. Not the type of investing leverage we’re used to discussing, but different types of leverage that people can use to turn from rich to super rich.
ENJOY!
