Weekly Mixtape For August 28th, 2022

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/7JjhGyKhsv8 Week In Review Articles The WSJ: Biden’s Student Loan Forgiveness Plan to Cancel Up to $20,000 in Debt for Millions The WSJ: Powell Says Fed Must Show Resolve in Fighting Inflation The WSJ: More Stocks Are Taking Part in Bounceback Rally The WSJ: Investors Ramp Up Bets Against Stock Market as Summer Rally Fizzles https://twitter.com/nylebayer/status/1561547282679443457 Weekly Mixtape Morgan Housel: Big Beliefs "Sitting still feels reckless in a fast-moving world, even in situations where it offers the best odds of long-term compounding." Dr. Joy Lere: Crossed Wires " When we only give people fragments of our attention, we only hear broken parts of their story. True listening isn't an auditory exercise--it's is an experiential one." Dr. Phil Pearlman: On Building Resilience "Making ourselves uncomfortable as a habit whether it be through rigorous exercise, taking cold showers, or having difficult conversations etc preconditions us for the life setbacks which inevitably occur." A Wealth Of Common Sense: Two Predictions "Obviously, most of the people who buy a house have to sell their current home since people will always have to move for one reason or another so it’s not like supply is going to vanish altogether." Kyla Scanlon: Getting POW'ed "I think one thing that strikes me about ‘Quiet Quitting’ is the clear lack of passion for the work, which again makes total sense. A lot of jobs don’t really have things for people to be passionate about - but is passion disappearing entirely?" Young Money: F*ck You Money "A small increase in wealth leads to a massive increase in happiness when you have little, and massive increases in wealth hardly move the bar as net worth increases. For this exercise, it is important to note that happiness is very low when wealth is zero." A Teachable Moment: Forty-One Quick Tips For Health, Happiness, and Wealth "Work on being present. The past and future are only passing thoughts in our minds." All About Your Benjamins: Helping Clients Create Lives, Not Just Get Through Life–A Talk With The FPA of Orange County https://youtu.be/0y29DW156m4 All About Your Benjamins: More Than Money--A Book From The AGC Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining to your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.