Today is the first day of fall, and it certainly feels like it here in New Jersey. 50 degree weather here this morning, and it feels like football and bonfire weather. Hopefully (fingers crossed) we can have an autumn of relatively smooth sailing in the markets. Not likely, but we can dream, right?
Here’s what I’ve been reading this morning:
‘Looking for an Investment Advisor? Answer These 4 Questions First’ – Mullooly Asset Blog
- Working with an advisor may not be for everyone, but having a long, trusted relationship with an investment advisor can really be valuable over the span of your financial career. This post outlines a few questions to ask yourself when looking for the right advisor.
‘How Benchmarking Impacts Your Decisions’ – Ben Carlson – A Wealth of Common Sense
- Benchmarking has a few pros and cons to it. Ben talks about a couple of both in his latest post. At times, it can be helpful to track performance relative to other options in the market, but at the same time it’s a dangerous game to play in the market and in life.
‘The Easiest Thing in Investing’ – Michael Batnick – The Irrelevant Investor
- If investing is a long-term game, why does anybody care about the short-term results in the market on a daily basis? As Michael writes, it’s because the long-term is made up of short-terms. He writes about finding a balance between the two.
‘How Much Lifestyle Creep is Okay?’ – Nick Maggiulli – Of Dollars and Data
- A common, evergreen piece of personal finance advice is to “avoid lifestyle creep”. File this under the “easier said than done” category. Everybody will experience lifestyle creep in some capacity, and Nick writes about how much of that is acceptable.