When you leave bigger tips, you make a small sacrifice for another’s bigger gain. When else do we set aside resources for bigger gains? Investing!
Year: 2019
Timing the Market: A Loser’s Game
History has shown just how difficult ‘timing the market’ is. So forget about perfect timing, and just stay steady and passive instead.
One Year Down: Budgets and Blogs
It’s a birthday celebration! A few fun stories and lessons learned from Year One of the Best Interest.
The Fulfillment Curve
There will come a point where more spending does not lead to more happiness, but actually does the exact opposite.
Simple Responsibilities
Some weeks are full of MATLAB, market economics, and compounding (and confounding) math. But this week, let’s change it up. I’m going to put the 401(k) on the back burner, and instead talk about garbage, green lights, and the simple…
Updated Trinity Study Simulation–Beyond 2020
Using Wade Pfau’s data, pessimistic predictions of the future, and consumption smoothing, we’re creating an updated Trinity Study to use for potential “worst-case” retirement planning.
Stock Market Success: Luck or Skill?
You’ll be surprised by the recent results of the Best Interest Stock Picking Competition. Was the stock market success just luck?
Explaining the Big Short and the 2008 Crisis
Have you seen the movie, read the book, lived through the crisis…but still need someone to explain the Big Short? Look no further!
Adherence
Hoping to develop new behavior, but finding it hard to stick to a good habit? The problem is adherence. But you can change it for the better!
Risk Posture
“If I compared 1000 401(k) maximizers against 1000 degenerate gamblers, which group would have a better financial outcomes?”
Their risk posture is key.