Weekly Mixtape For November 27th, 2022

All About Your Benjamins™

https://youtu.be/sbE1MqzpwBc “The headlines that may or may not be impacting your financial plan and portfolio.” Week In Review Articles Mindful.org: How To Practice Gratitude CNBC.com: Black Friday Online Sales Top $9 Billion In New Record The WSJ: Congress Returns To Tackle Government Funding, Same-Sex Marriage, Railroad Strife CNBC.com: Student Loan Payments May Not Resume Until August Subscribe To The Weekly PRST to connect Mind, Body, Soul and Money. https://twitter.com/thejustinwelsh/status/1595115694768754704 Weekly Mixtape Casey Grisez: Thankful "While writing about that nightmare from 2003, I realized something: I'm grateful for it. It provided an appreciation for life, health, and the kindness and support of those around me. Realizing how short and unpredictable life is has fueled my desire to take (calculated) risks." Of Dollars And Data: Learning To Live "Many times in life you’ll have the opportunity to assume negative intent in others. Don’t do it. You’ll often be wrong and even when you are right, assuming negativity all the time is no way to go through life. Most people don’t want to wrong you. Keep this in mind before rushing to judgment. After all, one man’s trash isn’t always what it seems." Dr. Joy Lere: Boundaries--The Gift That Keeps Giving "When people first think of holding boundaries, they often think about how to set limits with others, but it's important to master yourself first. We are often our own worst enemy. We're quick to give ourselves excuses when we opt for the easy way out instead of showing up as the person we truly want to be." Dr. Phil Pearlman: The Seasonality Of Weight Gain "The Right Foot Rule says start the day super healthy. For me, this means 2 things. 1.) Getting a run or a workout in before the festivities begin, and 2.) Making sure the first thing you eat is healthy and satiating. This might mean having a bunch of eggs before the party or maybe you go in hard on the turkey before having anything else." Darius Foroux: To Build Inevitable Wealth, Simply Avoid Financial Ruin "There are multiple ways to build wealth. You can get rich in endless ways. That’s exactly what makes building wealth so difficult." Not Boring: Discounting Belief "The more uncertainty there is around cash flows and valuation methodologies, the more sensitive an asset should be to changes in the macro Belief Rate. That, I think, is the main reason crypto prices jumped so high during the 2020-2021 bull run and why they’ve tanked so hard in this bear market." A Wealth Of Common Sense: The S&P 500 is Not the Economy "But even if you had a crystal ball that foretold which one of those scenarios was coming in the new year, it probably wouldn’t help you predict what’s going to happen to the stock market." The Reformed Broker: Past Performance "Stocks have been the best asset class in terms of outperforming inflation over the last century. We know this for certain. Over the last seventy years, stocks are undefeated versus inflation, but only over the longest time horizons. Stocks have outperformed inflation 100% of the time over all twenty year periods." All About Your Benjamins: Why I'm Thankful I Burned Out "While you reflect back on what you’re thankful for this Thanksgiving holiday weekend don’t forget to look at the imperfect events in your life that with the benefit of hindsight were actually positives for you." Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining to your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.