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FI/RE

The Best Reasons Not To Own Individual Stocks Unless You’re Obsessed (9 minute read)Although there are no fees for owning individual stocks versus owning index funds, there are bigger costs associated with owning individual stocks. Namely, your time and attention! The loss of time and the need for your attention are the most important reasons not to invest in individual stocks. Unless you are an investing nut, you will have better things to do with your time and energy.

Why Do Advisors Recommend Complex Portfolios? (3 minute read)There’s isn’t necessarily anything wrong with a complex portfolio. The primary drawback of portfolios with many moving pieces is simply that they’re more work to manage. Not all, but many advisors do tend towards more complicated portfolios, here are three possible reasons for this preference.

Is Geo-Arbitrage A Financial Fairy Tale? (11 minute read)When people talk about geo-arbitrage, they often tout the amazing advantages of moving from a high-cost location to a lower cost region. It’s all double rainbows, unicorn farts, and ice cream sundaes when you read about geo-arbitrage on the internet. You don’t often read about the high cost of moving and all the little financial snags that happen along the way. These “problems” get glossed over to tell a rosy story on the internet, but I can tell you from personal experience that the reality of geo-arbitrage is far from perfect!

Passion (3 minute read)“Do not seek illumination unless you seek it as a man whose hair is on fire seeks a pond.” — Sri Ramakrishna, I really like this quote. It provides a visual image of a very important point. The point is that you must be passionate to succeed. Being passionate centers every action and every choice around a specific goal to the exclusion of other considerations.

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Market

Cramer: 3 things need to happen to keep the Fed on a slow course to raise rates (6 minute read)If you want to keep the Federal Reserve on a slow course to raise interest rates to a reasonable level — let's call it 3.5% — we need to see three things: Big layoffs in the thousands A suspension of buybacks to preserve cash Store closings and promotions that save a middle class consumer in the throes of inflation everywhere.

Asia shares in the red, yuan slides on strong dollar (4 minute read)Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth as most major banks keep raising rates, while a modest easing by China served only to highlight troubles in its property market.

Jackson Hole, inflation, dollar stores: What to know this week in markets (5 minute read)The attention of the financial world will turn to Grand Teton National Park in the week ahead. The Kansas City Federal Reserve will host its annual economic symposium in Jackson Hole this week, with Friday morning's speech from Fed Chair Jerome Powell expected to highlight the proceedings as investors search for clues on the central bank's next move.

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Top FI/RE Reddit Posts

Had a door-to-door salesman pitch me on rooftop solar and I'm trying to find the catch. Seems too good to be true.

Laid off. Should I sign the severance document?

When did you decide you had enough, retired, and started to enjoy your life?

Tracking and monitoring investment performance

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Best of FI/RE Twitter

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Wisdom Of The Week

"Great intelligence and good luck are not required. The essential characteristics of the successful investor are the discipline and stamina to, in the words of John Bogle, “stay the course.” Investing is not a destination. It is an ongoing journey through its four continents—theory, history, psychology, and business.” - William J. Bernstein

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