Believing you deserve to be rich is one of the most powerful psychological tricks to boost your wealth. With trillions of dollars circulating in the world, you have to ask yourself: Why not me too? Think about the knuckleheads you grew up with—people no smarter or harder working than you—who somehow ended up making vast … Read more
A reader asks: There has been a clear distinction in recent years in sentiment data where party/political leaning sentiment goes in the opposite direction depending on who the President is. Anecdotally I have noticed in my friend group, family, social media, and even with some financial professionals online that people seem to be actually making … Read more
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The Economist has a good piece about the growing importance of the stock market on household balance sheets. Here’s the chart that matters: By the end of 2024, Americans owned stocks worth 170% of disposable income which is back at record levels and much higher than in previous decades. The worry here is that a … Read more
Writing is a useful process for me. It’s how I organize my thoughts and learn what it is I really think. It can also be a lonely endeavor. You’re in your own head a lot. I sometimes forget someone is on the other end reading my words. A number of years ago, I received an … Read more