3 articles and 2 podcasts that made me smarter this month

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Credits: James Tarbotton

As a Personal Finance blogger, I love the diversity of view-points and topics that are around us and some of the content is really great. It helps me understand some of the big trends and make better decisions on my own journey to Financial Independence.

This month I’ve selected for you 3 great articles & 2 podcasts that I really enjoyed.

November events

Ah November, it’s so much fun. Now a handful of weeks away from Christmas break, it’s also the month of Thanksgiving, family coming over and car accidents.

Yes Thanksgiving was great and the turkey was cooked perfectly. We had lots to be thankful for, except maybe for having my car totaled by an jack-ass driving a piece of junk with no brakes. I was stopped at a traffic light on my way to work one morning when I heard a first impact behind me and a second right into me.

The result is that this guy totaled 3 cars: his, mine and the car between us. My car was 5 years old and the insurance deemed it too expensive to repair, so declared it good for the junkyard. Great.

So we’re now on the hunt for another car, while the whole family is here visiting us.

Yeah November. Thanks for coming but please make space for December, the month I’m going on vacation to Playa del Carmen, Mexico, for our Christmas break. That is going to be much better.

Living in a bubble, with the Joneses

Last month was rather light blog-wise, there were too many things going on, but if you’ve missed my reflection post on our place in society and whether we realize that we live in our own bubbles, please go have a read, this is one of my favorites:

This ties in nicely with an equally minded, and excellent, post from Ournextlife titled Are We the Joneses?. I think this is an important question and definitely a thought exercise that anyone one on the path to FI should consider.

Now grab a a hot cup of coffee (it’s getting cold even in Texas) and enjoy this selection of articles and podcasts of November. It’s light, but it’s particularly good.

Income inequality has been a hot-button issue globally in 2016, and with good reason. A new report confirms that the world’s rich do, indeed, keep getting richer.

According to researchers from Credit Suisse, the richest 1% owned 50.8% of the world’s wealth in 2016, up from 45.4% in 2009. Zoom out to the wealthiest 10% of the world’s adult population, and together they hold 89% of all global assets. Read more…

John “Jack” Bogle wrote his Princeton senior thesis in 1951, arguing that mutual funds “may make no claim to superiority over the market averages.” Sixty-five years later, the Vanguard founder is still being forced to defend his argument—perhaps now more than ever.

When Bogle started the first index fund in 1976, his goal was capturing the overall market’s return at much lower costs than the stockpicking fund managers who so often failed to match it. The wisdom of this passive approach has become so conventional that Vanguard’s assets under management have swollen to $3.5 trillion, mostly in index funds. Read more…

Achievement rarely produces the sense of lasting happiness that you think it will. Once you finally accomplish the goal you’ve been chasing, two new goals tend to pop up unexpectedly.

We long for new achievements because we quickly habituate to what we’ve already accomplished. This habituation to success is as inevitable as it is frustrating, and it’s more powerful than you realize. Read more…

4We study billionaires / The Investors Podcast, with Jim Rickards

This is a great thought provoking view of how the world of finance could realistically be completely transformed in the next few years, for example by introducing a new world currency called SDRs.

As a introduction to his new book, the Road to Ruin, Jim Rickards is interviewed by Stig and Preston in an awesome 2 part interview:

As always an excellent podcast!

There is so much great content available online and offline, if you have read / watched / listened to some great content this month, please share in the comments below!

-Nick

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2 COMMENTS

  1. Oh man, that sucks about the car. I bet you’re wishing you still had that Maserati coupon from Chase about now, lol. 🙂

    When I got rear ended I saw her coming and just had no escape – stopped in traffic and blocked in on both sides, so I just sat and braced for impact. She was messing with the radio while accelerating and hit me doing about 20 mph. I barley avoided hitting the guy in front of me. Houston… Good luck with the car shopping and dealing with the family at the same time.

    Thanks for the round up of articles, and enjoy your Christmas break!

    • I hadn’t thought about that but you’re right the Maserati coupon would have been helpful, ha! Good thing you avoided the person in front of you, because I’m sure the other guy’s insurance would have tried to not cover the damage for the car in front of you.
      At least Christmas break is coming soon, can’t wait. Have a good break too, can’t believe that 2016 is almost over already!

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