Having confidence means staying with an idea when it’s not going well. Having humility means abandoning an idea when it’s been proven wrong.
Article of the Week
Conflicting Skill Sets- (Collaborative Fund) - "be open-minded, question assumptions, and never become too comfortable."
Active vs. Passive vs. Amazon et al. - (CFA Institute) - Amazon is a prime example of a few companies moving a large market.
5 Charts Show the Strength of the Recovery- (Bloomberg) - Positive indicators: Housing Price Index, Joblessness, household income, hourly wages, unemployment.
Great Products vs. Great Businesses- (Collaborative Fund) - Sometimes a great product doesn't necessarily drive great company performance.
The Wealth-Limiting Risks Of Diversifying Too Soon – Redwoods, Bushes, and Pear Trees - (Nerd's Eye View) - A theoretical look at risk/reward early on in your investing journey.
Want to have bitcoin in your retirement account? Read this first - (MarketWatch) - Different viewpoints associated with holding Bitcoin as an investment.
Uncle Sam is coming after your bitcoin gains (MarketWatch) - Investors aren't reporting tax gains on their shares, and the IRS is knocking.
Tales From The Crypt- (The Reformed Broker) - Josh Brown details his experience at a cryptocurrency conference in New York.
Bill Sweet’s Year End Checklist- (The Big Picture) - 6 things you can be doing at the end of the year to possibly reduce your taxes.
Rebalancing Your Personal Balance Sheet- (A Wealth of Common Sense) - Ben analyzes the decision to sell stocks in a positive market to pay down a mortgage.
A Checklist of 15 Financial Goals To Hit- (Budgets are Sexy) - Financial goals are different for everyone, but here are a few to concentrate on early in your career.
The Curse of the Young Millionaire - (A Wealth of Common Sense) - While Bitcoin is minting new millionaires, it's important to consider the complications that come with newfound wealth.
These holiday gifts will help your friends and family earn a promotion- (MarketWatch.) - A few gifts and memberships to help with networking.
29 of the Most Gifted and Highly Recommended Books- (Farnam Street) - Putting some of these on my list to read and gift this holiday season.
There's a Dark Side to Mindfulness Meditation- (Big Think) - The effectiveness of meditation can depend on your psychological state.
Lake Norman’s Highly Anticipated ‘Hello Sailor’ Restaurant Opening This Weekend- (Charlotte Stories)
Belmont's Jailhouse is the Slammer You Can Drink In - (Creative Loafing)