7 Articles 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.

I’ve selected for you 7 great articles that made me smarter this month.

My wife and I are currently on a trip to Europe for 3 weeks (Spain, France and Italy).

San Sebastian - Surf beach
San Sebastian. Life is pretty darn good.

We took three weeks off because we are expecting a little baby girl in September. A girl! (I heard from many dads that they’re the best). So we thought this could be the last long international trip we could do for some time and we’d rather enjoy ourselves.

That’s our ‘babymoon’ this time, a year after our honeymoon in amazing Greece.

So I’m in a rather joyful and light-hearted mood these days:)

We’re off tomorrow morning (5am!) from San Sebastian, Spain to Paris, France so grab a cup of coffee (I’ll have 2) and read on my selection of the most informative articles I read in May!

One way to improve your wealth is to observe how the rich invest their money, learn why, and potentially follow suit. University endowments are some of the world’s wealthiest institutions. Endowments invest like many of the world’s wealthiest people. Both want income to fund their operations/lifestyles indefinitely. Both want outperformance in any market. Read more…

17 Articles. 6 Experts. 35 Strategies. The list speaks for itself.

A must read! Read more…

Why are we so rich? An American earns, on average, $130 a day, which puts the U.S. in the highest rank of the league table. China sits at $20 a day (in real, purchasing-power adjusted income) and India at $10, even after their emergence in recent decades from a crippling socialism of $1 a day. Read more…

I vividly remember the valedictorian from my high school class saying he was going to Princeton to “study the stock market.” For one thing, “the stock market” is not a fucking major; […] Being the insufferable 16-year-old that I was, I yelled out, “Asshole!”. I don’t regret it, though, because if I’ve learned anything in the past ten years, it’s that the Wall Street Guy may be the single American professional archetype it’s socially acceptable to despise. Read more…

A coming collapse in investment returns means that people that age today will have to work seven years longer or save almost twice as much to end up with the same nest egg as those of roughly a generation ago. So says the research arm of McKinsey & Co. in a new report that argues that investors of all ages need to resign themselves to diminished gains. Read more … 

If you’re like most investors, you’re asking the wrong questions. […] What’s the most effective asset allocation model? The correct question is, “Do asset allocation differences even matter?” Read more…

Since 2013, the federal reserve board has conducted a survey to “monitor the financial and economic status of American consumers.” […] The Fed asked respondents how they would pay for a $400 emergency. The answer: 47 percent of respondents said that either they would cover the expense by borrowing or selling something, or they would not be able to come up with the $400 at all. Four hundred dollars! Who knew?

Well, I knew. I knew because I am in that 47 percent. Read More…

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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10 COMMENTS

  1. Congrats on the baby girl on the way, they are awesome! Enjoy the babymoon, because things will change a whole lot once she gets here. 🙂

    Nice list of articles to read, and I agree that the stereotypical “Wall Street Guy” is generally a major douchebag. Haha!

    • We’ve been told several times that having a baby is lots of fun, just a different kind of fun 🙂
      Wallstreet guys have a bad rap but the worst is probably the hedge fund guys who makes money selling non competitive products!

  2. This is an excellent group of articles. Congrats on your future daughter. I hope the rest of your Babymoon is a wonderful time of connection with your family.

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