Weekly Mixtape For April 17th, 2022

All About Your Benjamins™

"The headlines that may or may not be impacting your financial plan and portfolio." https://youtu.be/4qhk8h1Lt7A Week In Review Articles The WSJ: U.S. Inflation Accelerated to 8.5% in March, Hitting Four-Decade High The WSJ: Mortgage Rates Hit 5% for First Time Since 2011 The WSJ: Twitter Adopts Poison Pill Plan to Block Elon Musk From Increasing Stake The WSJ: Peloton to Cut Price of Bikes, Raise Subscription Fees The WSJ: Jack Dorsey Tweet NFT Once Sold for $2.9 Million, Now Might Fetch Under $14,000 https://twitter.com/mkobach/status/1515158413273149444 Weekly Mixtape Morgan Housel: Staying Put "Most of the time you see someone do something incredible, with what seems like little effort, and you ask “How did you do that?”, the honest answer is, “I’ve been doing this every day for 10+ years.” Noticing patterns and connecting the subtle dots is something that’s hard to teach in a classroom but becomes obvious when you’ve lived and breathed a field for decades." The Irrelevant Investor: What Actually Matters "It’s an unfortunate reality of life that we take so many things for granted. Nothing is missed until it’s gone." Darius Foroux: Focus On Your Skills--Not Finding Hacks "Whatever you do, avoid becoming complacent. When that happens, we always look for the easy way out. And that’s when we fall for hacks and shortcuts. Those things will only do the opposite: They set you back." Spilled Coffee: The Ever-Moving Goalpost "We chase more money, more fame and more power. We look around and compare ourselves to our friends, neighbors, co-workers and even people we don’t know. The constant pursuit of more never slows down. Everything passes you by with your constant thirst for more. The finish line doesn’t exist. What is enough? When does happiness and contentment set in?" Darius Foroux: How The Simple Act Of Showing Up Can Make You Successful "When you run into challenges, it’s important to stay positive and keep moving forward, and not give up. The moment you give in to one bad habit, it’s the start of your downfall." Of Dollars And Data: Choose Your Status Game Wisely "I know some of you will say “Just ignore the status game altogether,” but this is easier said than done. Like many other animals, we are biologically wired to respond to status. Ignorance is not the way out." Dr. Phil Pearlman: Things We Consume & Things That Consume Us "We can apply principles of IF to digital media use in general and social media use specifically as a way to manage the time we spend consuming and being consumed by noise." Dr. Joy Lere: Hard Conversations "Humans are biased and hurt by their blindspots. You are in a position to give a gift when you can expand an individual's self-view." A Wealth Of Common Sense: Why It's So Hard To Spend Money In Retirement "For most people there’s a little voice in the back of their heads telling them, “Sure, it worked out for most people in the past but what if the future is different? What if I retire at the worst possible time?”" All About Your Benjamins The Podcast: The Next Episode--Be A Dreamer Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.