Thoughts on how to win with life and money Check out my site for fresh articles from top finance bloggers. My opinions, not financial advice.
Spokane, WA
Joined January 2019
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The level of problems we have in the US still don’t compare to what other places face.
Paraguay's president resigns following a crisis over a bank collapse, leaving millions of customers unable to access their money cnn.it/4Ach622
This would be worthwhile. I want both of my kids to work in the service industry at some point just to get the life perspective.
Gardner Minshew ensures he will earn another $20 million as a backup over the next 7 years.
This is the biggest value for the index investor. It’s the mental break from keeping it simple, but still getting strong results.
If you have any momentum with money, you are doing better than the average. Just keep moving.
5 signs you’re doing better financially than the average American 👇🏼
1. You’re paying off debt (or you’re debt-free). The average family owes around $66,000 in debt. If you’re actively paying yours off, that’s progress.
2. You have money in savings. 40% of Americans can’t cover a $400 emergency in cash. Even if your savings isn’t where you want it yet, having money set aside matters.
3. You own a home. About 35% of Americans don’t own a home. If you do, that’s another way you’re building wealth over time.
4. You’re investing for retirement. 37% of Americans have more credit card debt than money invested. If you’re consistently investing for your future, keep going.
5. You’re content with what you have. This one is harder to measure, but it matters SO much. Contentment makes it easier to save, give and say no to lifestyle creep.
Get out in the world and you will get annoyed. Stay home on your phone and your soul dies. It’s the choice of the modern world.
Online is easy, captivating, and mostly designed to keep you online more by making you angry or sad.
IRL is full of annoyances but also surprise moments of joy and connection.
slowboring.com/p/americans-n…
No one knows out of high school who is going to be a great QB. That is what makes college football so cool. Drew Mestemaker can happen.
The Past 6 #1 High School QBs have been rough:
2026: Faizon Brandon = BENCHED
2025: Bryce Underwood = BENCHED
2024: DJ Lagway = Transferred
2023: Arch Manning = Arch Manning
2022: Drew Allar = 3rd Round Pick
2021: Quinn Ewers = 7th Round Pick
Arch Manning actually seems like he will have a pro career like Tim Tebow. Athletic and can make things happen, but just not enough of a passer.
This is a pretty great list. Maybe Burry will transition to life advice.
1. Never stop exercising or learning.
2.Accept compromise to begin relationships.
3. Manifest the power of compounding.
4. Never gamble.
5. Have kids and be a good parent
6. If it flies or floats, rent it.
7. Buy half the house you can afford.
8. Art in the eye of the beholder is cheap.
9. Be thankful for and to all.
10. Be charitable.
PFB retweeted
The Psychology of Money Podcast
Mark Twain on relative wealth, the obsession with minimalism, worrying in your 20s, and the barbell approach to investing.
Abundance is the thing that could actually lead to bipartisan cooperation. The only way to make housing affordable is to build.
New pod: IS ABUNDANCE DEAD?
In the last few months, I've seen many people—from Vox writers to antitrust folks to MAGA Republicans—say Yes.
But here are 5 things I've also seen:
1. The biggest federal housing law in decades passed—and it leaned into the supply-side logic of abundance, encouraging localities to accelerate and expand housing construction and also to liberalize zoning and permitting rules, while making it cheaper to build certain types of homes.
2. The most ambitious federal energy and permitting bill in decades has been written—and it also adopts the supply-side logic of abundance, by making it easier and faster to build various forms of energy, especially renewables via long-range transmission lines.
3. Dozens of state and local laws, from California to New York, make it easier and faster to build homes and energy. Some of which don't just embrace the ideas in abundance but literally put the word in their title (e.g., CA's "Abundant and Affordable Homes Near Transit Act").
4. Zohran Mamdani, the most successful and famous new left-wing elected in the country, explicitly embracing several abundance principles in residential development and surrounds his admin with abundance-pilled people on housing.
5. A new Build More agenda from the bipartisan Build America Caucus, which is almost certainly the closest thing to a literal "abundance agenda" that anybody has produced.
As @RepJoshHarder, co-chair of the Build America caucus, says on today's show, one could argue that abundance has "failed" as a name-checked ideological identity at the national level, inasmuch as you don't have people running for Senate making bumper stickers out of quotes from our book. But at the national, state, and local level, abundance is succeeding as a political framework, as a policy lens, and as a critique of the status quo.
youtube.com/watch?v=FpiVoCGY…
As usual the answer in investing isn’t either or, but a combo of both.
Last week someone asked me if they should put 100% of their portfolio in bonds now that rates are higher
Someone else asked why they shouldn't just always have 100% in stocks
What's a better investment right now: Stocks or bonds?
awealthofcommonsense.com/202…
