JUMP!
Some jumps are so high – and potentially devastating – that insurance provides a true de-risking. Other jumps are so shallow that we can “insure” them using our emergency fund and monthly cash flow.
The Best Interest » Archives for 2022 »
2022
6 Investing Lessons from Our Honeymoon’s Terrible Start
We had a terrible start to our honeymoon. Bad luck and human incompetence torpedoed our first travel day. Naturally, I took it as an investing lesson.
“Isn’t Personal Finance Pretty Simple?!”
Overheard at a party, “I don’t get how there can be so many blogs and books and podcasts. They’re all just re-hashing the same thing!”
The Golden Rule of Personal Finance
Want financial success? Here’s the most important foundational rule – but it’s usually ignored.
Is Life Insurance Better Than Traditional Investing?
“There are lots of social media videos where “experts” say life insurance is a superior investment to 401(k) and IRA accounts. Sounds weird to me, but you guys are the experts – what are your thoughts?”
60% of Monkeys Beat the Market in 2022, But…
It’s statistically “easy” to beat the market during a bear market. But here’s why we shouldn’t try to do it…
Is Investing a Zero-Sum Game?
“Jesse – when you zoom out on investing as a whole, isn’t it all zero-sum game? Can’t we only have winners when other people are losers?” Let’s dive in!
Nowhere to Hide: Why 2022 is a Uniquely Bad Investing Year
2022 is different – and worse – for investors than any year since 1950.
Omission, Commission: How Not Acting Can Cost You Millions
Does omission – the choice to *not* act – absolve us of responsibility? Historical investment performance says otherwise.
“Opportunity Paranoia” and 6 More Ways Your Brain Sabotages Your Money
“Less is more. Too much is stressful.” Analysis paralysis can sabotage your finances unless you learn to fight against it.