It’s a hard concept to wrap your head around, this difference between calculating the future and predicting the future, but it will change the way you see the world. And your place in it.
Article of the Week
The Three-Body Problem- (Epsilon Theory) - A well written article that takes a different approach when talking about the reasons for recent market growth.
Why Young Investors Should Hope For a Crash- (The Irrelevant Investor) - Buying cheap pays dividends (pun intended) in the long run.
Seeing Both Sides - (A Wealth of Common Sense) - There are always legitimate arguements to be made on both sides of the investing equation.
Trump’s Singular Accomplishment- (The Reformed Broker) - The markets are extra bullish, and no one is giving a shit.
How to Lose $9 Trillion in a Bull Market - (Jason Zweig) - How the "timing penalty" diminishes returns for most investors.
A Strategy for When to Sell Bitcoin- (Bloomberg) - Minimizing regrets can help protect against a potential crash.
A Twist - (The Reformed Broker) - Other crypto-currencies are having an unforseen impact on the price of bitcoin.
How Does Something Like Bitcoin Happen? - (A Wealth of Common Sense) - The Herd Mentality and storytelling have helped bitcoin reach new heights.
Money Can Buy Happiness. Here’s How.- (The Simple Dollar) - "Building toward financial independence is one of the few things you can do with your money that makes a lasting positive difference in almost every avenue of your life."
Should I Hire a Financial Planner? - (Gen Y Planning) - Some things to think about before hiring a financial planner.
Don’t Let Their Conviction Fool You - (All About Your Benjamins) - Watching CNBC for hours can be damaging to your investing strategy.
Let the (Tax) Games Begin - (The Big Picture) - A predictive article on what the new tax plan might look like.
What's in the GOP's final tax plan- (CNN Money) - The actual results of the new tax code.
Tax Plan Calculator- (Maxim Lott) - Do a rough calculation of what the tax bill means for your income taxes.
The latkes you should make based on your favorite winter activity- (Washington Post) - Is there a latke for 9am at the office when I haven't had breakfast?
Why You Should (or Shouldn't) Take Time Off During the Holidays - (Inc.) - Don't work just to work, make your time at the office productive...or take the time for yourself.
Gravity-Defying Villagers Risk Their Lives for Christmas Trees- (National Geographic) - Impoverished villagers climb hundreds of feet up fir trees to collect pine cones/seeds for Christmas tree suppliers in Europe.
10 financial lessons you can learn from holiday movies- (Market Watch)
Free hot dogs at opening of JJ’s Red Hots new Uptown location- (Charlotte on the Cheap)
Sean ‘Diddy’ Combs and Stephen Curry Want To Buy The Panthers- (Charlotte Stories)
Inside the Dowd YMCA’s massive $29 million expansion, opening in 2018 - (Charlotte Agenda)