All About Your Benjamins

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/7JjhGyKhsv8 Week In Review Articles The WSJ: Biden’s Student Loan Forgiveness Plan to Cancel Up to $20,000 in Debt for Millions The WSJ: Powell Says Fed Must Show Resolve in Fighting Inflation The WSJ: More Stocks Are Taking Part in Bounceback Rally The WSJ: Investors Ramp Up Bets Against Stock Market as Summer Rally Fizzles https://twitter.com/nylebayer/status/1561547282679443457 Weekly Mixtape Morgan Housel: Big Beliefs "Sitting still feels reckless in a fast-moving world, even in situations where it offers the best odds of long-term compounding." Dr. Joy Lere: Crossed Wires " When we only give people fragments of our attention, we only hear broken parts of their story. True listening isn't an auditory exercise--it's is an experiential one." Dr. Phil Pearlman: On Building Resilience "Making ourselves uncomfortable as a habit whether it be through rigorous

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/Q5rhEOCYrJ8 Week In Review Articles The WSJ: Biden Signs Bill Aimed at Lowering Drug Costs, Boosting Renewable Energy CNBC.com: Jobless claims edge lower as Fed looks to cool labor market The WSJ: U.S. Home Sales Dropped in July for Sixth Straight Month The WSJ: Andreessen Horowitz Backs WeWork Co-Founder Adam Neumann’s Real-Estate Startup Flow https://twitter.com/thejustinwelsh/status/1560295995119964163 Weekly Mixtape A busy week of travel, so not much time for reading. The recommended reading will be back next week. Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/NqrSYw17arw Week In Review Videos CNBC.com: Consumer Prices Rose 8.5% In July, Less Than Expected As Inflation Pressures Ease A Bit The WSJ: July Jobs Report: U.S. Added 528,000 New Jobs as Unemployment Rate Fell to 3.5% The WSJ: FBI Recovered 11 Sets of Classified Documents in Trump Search, Inventory Shows The WSJ: Advertising Slowdown Spreads Beyond Tech Giants to Hit TV Networks, Publishers The WSJ: Consumers Are Still Spending on Fun https://twitter.com/Steph_Bogan/status/1557723198904365058?s=20&t=53vJbP0BUy3JtF3qDrNmgg Weekly Mixtape Morgan Housel: Rare Skills "We are all prisoners to our past, products of our generation, and influenced by who we’ve met and what we’ve experienced, most of which has been out of our control. Some are worse than others, and some are more aware of their blindspots. But everyone has a firmly held belief that an equally smart a

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/IHuTKVuHnvo Week In Review Articles The WSJ: Fed Lifts Rates by 0.75 Point Again The WSJ: U.S. Stocks Rise, Giving S&P 500 Best Month Since 2020 The WSJ: Rich Americans Keep Borrowing, Defying Economic Gloom The WSJ: Single Ticket Wins ​$1.337 Billion Mega Millions Jackpot https://twitter.com/DeadCaitBounce/status/1552465759317655552 Weekly Mixtape Morgan Housel: Tails You Win "A takeaway from that is that no matter what you’re doing, you should be comfortable with a lot of stuff not working. It’s normal. This is true for companies, which need to learn how to fail well. " Jonathan Clements: Now And Them "But in the end, managing time is more important than managing money, because time is the ultimate limited resource. I should lead a more balanced life. I know that intellectually. But I’m still trying to convince myself." Young Money: What Recession? "The ex

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/2oZ23DV5CIs Week In Review Articles The WSJ: Fed Officials Preparing to Lift Interest Rates by Another 0.75 Percentage Point The WSJ: There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough? The WSJ: Heat Wave Hits U.S. Farms, Stressing Crops and Ranchers’ Herds CNBC.com: Mortgage demand drops to a 22-year low as higher interest rates and inflation crush homebuyers The WSJ: ECB Raises Rates by Half-Percentage Point in First Hike Since 2011 The WSJ: They Thought ‘Crypto Banks’ Were Safe, and Then Came the Crash The WSJ: Twitter-Musk Trial Set for October in Lawsuit Over Stalled $44 Billion Takeover https://twitter.com/aaraalto/status/1550900882828627969 Weekly Mixtape Will be back next week...didn't do much reading on vacation. Khe Hy: There's No Playbook For Grief “When someone we love dies, we get so busy mourning what died that we

Terry and I both have "cogli l'attimo" tattooed on our foreams to remind us to seize each day. In this episode we start off by talking about making the most of each day and then head off to other topics. https://youtu.be/iZZwAZLbQ8w Listen: Apple Podcasts Spotify Google Podcasts Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/JD_WfxjZVqU Week In Review Articles The WSJ: U.S. Added 372,000 Jobs In June CNBC.com: Here's Where The Jobs Are For June 2022--In One Chart The WSJ: Inflation Fears Drove Larger Fed Rate Increases In June The WSJ: Oil Prices Pulled Lower By Dimming Demand CNBC.com: Another Hot Inflation Report And The Start Of Earnings Season Make For A Challenging Week Ahead The WSJ: Elon Musk Seeks To Abandon $44 Billion Twitter Deal The WSJ: Gru Brings Families Back To Movie Theaters https://twitter.com/jackbutcher/status/1545956683113009153 Weekly Mixtape Morgan Housel: Lifestyles "Last year I had dinner with a financial advisor who has a client that gets angry when hearing about portfolio returns or benchmarks. None of that matters to the client; All he cares about is whether he has enough money to keep traveling with his wife. That’s his sole benchmark." Dr. Joy

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/dmVXymKbVbg The WSJ: Dow Jumps More Than 800 Points as Fears of Interest-Rate Hikes Subside The WSJ: Fed Chair Jerome Powell Says Higher Interest Rates Could Cause a Recession The WSJ: Facebook, Netflix and PayPal Are Value Stocks Now The WSJ: Supreme Court Overturns Roe v. Wade, Eliminates Constitutional Right to Abortion https://twitter.com/DrPrestonCherry/status/1539975055274192898 Weekly Mixtape Morgan Housel: Keep It Going "It’s astounding, isn’t it? Some of the best athletes in the world spend almost all their time working way below potential, purposefully not pushing themselves to the limits." Jack Raines: A Politically Incorrect Blog Post "When you have the power to make decisions that impact the lives of hundreds of millions of people, the real-life, actual outcomes and consequences of your decisions should be more important than the white knight crusade

In a crossover episode with PRST, I talk with Ramona Maior about her path to becoming a financial advisor and how her passion (and purpose) extend to more than financial planning. Ramona’s story is remarkable and she’s really just getting started with the impact she will make. Her story also shows how you can have a career that you are passionate about and at the same time it can be the means to allow you to pursue an even greater passion. https://youtu.be/2hy6KvJSXTA Listen: Apple Podcasts Spotify Google Podcasts Follow: Ramona’s Twitter Ramona’s LinkedIn Family Wealth Management Group Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.

We all plan to live long lives and hopefully have an enjoyable encore season in our life. In this episode Terry leads us through a discussion about why and how we should prepare to not just live a long life but to find meaningful longevity. https://youtu.be/p173UrfLpkQ Listen (coming soon): Apple Podcasts Spotify Google Podcasts Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/3eRgyllLdH0 Week In Review Articles CNBC.com: Payrolls Rose 390,000 In May, Better Than Expected As Companies Keep Hiring The WSJ: May Jobs Report Keeps Fed on Track for Half-Point Interest-Rate Rises The WSJ: Biden Says No Short-Term Fix to High Energy, Grocery Prices The WSJ: Lumber Prices Slump With Rising Interest Rates https://twitter.com/jjeffrose/status/1532497288916095000 Weekly Mixtape Morgan Housel: Different Kinds Of BS "Bullshit is the same. It comes in countless forms, some harder to spot than others. False modesty, projecting, double standards, hypocrisy, tugging at heartstrings – these aren’t lies; they’re subtle forms of bullshit, which is why they’re so prevalent." Morgan Housel: The Rich And The Wealthy "I’m always interested in the difference between getting rich and staying rich. They are completely different things, and many of those skille

For many transitioning to a new chapter/episode or as Terry's case, into his encore, means the social network once relied upon is gone. Finding a new social network is extremely important no matter the stage of life--as Terry shares a lack of social connection can have a negative impact on our health. Welcome to The Next Episode... https://youtu.be/l3LgNjLKeNs Listen: Apple Podcasts Spotify Google Podcasts Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.

"“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/ln4yDe1h8zA Week In Review Articles The WSJ: Buffalo Supermarket Shooting Leaves at Least 10 Dead The WSJ: Stocks Trim Weekly Losses With Friday Gains The WSJ: Inflation Slipped in April, but Upward Pressures Remain The WSJ: Senate Confirms Jerome Powell to Second Term Leading Federal Reserve The WSJ: Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’ The WSJ: Apple Is Discontinuing the iPod After a More Than Two Decade Run The WSJ: Lunar Eclipse 2022: When and How to Watch the Blood Moon https://twitter.com/heydannymiranda/status/1525619938018398214 Weekly Mixtape Morgan Housel: A Few Beliefs "Having your views confirmed is a powerful and addictive drug." Bob Seawright: So What?!? ":The inherent contradiction of false knowledge is that it feels like it’s true. Our bias blindness is such that, most of the time, only people on the outside

In this episode Terry puts Justin in the interview seat to discuss some financial planning topics and strategies for those heading into their "encore". Welcome to The Next Episode... https://youtu.be/SuGboZFXWZc Listen: Apple Podcasts Spotify Google Podcasts Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.

"The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/RFu39u8frNg Week In Review Articles The WSJ: Fed Lifts Interest Rates by Half Point in Biggest Hike Since 2000 The WSJ: Stocks Extend Losing Streak to 5 Weeks The WSJ: The Tech Industry’s Epic Two-Year Run Sputters The WSJ: Rapid Pace of U.S. Job Growth Stretched Into April The WSJ: Crypto Prices Slump Over the Weekend https://twitter.com/naval/status/1523087166938648576 Weekly Mixtape Morgan Housel: The Rich And The Wealthy "These definitions are my own, but here’s the distinction: Rich means you have cash to buy stuff. Wealth means you have unspent savings and investments that provide some level of intangible and lasting pleasure – independence, autonomy, controlling your time, and doing what you want to do, when you want to do it, with whom you want to do it with, for as long as you want to do it for." Dr. Joy Lere: Let's Talk About Mom "Our mothers are a

"The headlines that may or may not be impacting your financial plan and portfolio." https://youtu.be/oJXBLR7WrBc Week In Review Articles The WSJ: U.S. GDP Falls 1.4% as Economy Shrinks for First Time Since Early in Pandemic The WSJ: Tech Rout Drags Nasdaq to Worst Month Since 2008 The WSJ: U.S. Consumers Boosted Spending in March The WSJ: U.S. Consumer Sentiment Rebounded in April -- University of Michigan The WSJ: Bitcoin in Your 401(k): Is That a Good Idea? https://twitter.com/garyvee/status/1520577794396377089 Weekly Mixtape Morgan Housel: Never Saw It Coming "The biggest news, the biggest risks, the most consequential events, are always what you don’t see coming." Dr. Joy Lere: Time Out "Time is slippery. How many minutes did you spend doomsday scrolling or looking at inconsequential things on your phone this week? Chances are a lot. Don't fold in on yourself with feelings of guilt or frustration. Interrogate your heart. Get curious about why you choose

"The headlines that may or may not be impacting your financial plan and portfolio." https://youtu.be/4qhk8h1Lt7A Week In Review Articles The WSJ: U.S. Inflation Accelerated to 8.5% in March, Hitting Four-Decade High The WSJ: Mortgage Rates Hit 5% for First Time Since 2011 The WSJ: Twitter Adopts Poison Pill Plan to Block Elon Musk From Increasing Stake The WSJ: Peloton to Cut Price of Bikes, Raise Subscription Fees The WSJ: Jack Dorsey Tweet NFT Once Sold for $2.9 Million, Now Might Fetch Under $14,000 https://twitter.com/mkobach/status/1515158413273149444 Weekly Mixtape Morgan Housel: Staying Put "Most of the time you see someone do something incredible, with what seems like little effort, and you ask “How did you do that?”, the honest answer is, “I’ve been doing this every day for 10+ years.” Noticing patterns and connecting the subtle dots is something that’s hard to teach in a classroom but becomes obvious when you’ve lived and breathed a field for decades

As you enter the next chapter in life, for Terry it's an encore career, it's important not to lose the ability to dream. In this episode, Terry and Justin discuss how a lack of courage keeps individuals from dreaming and why it's so important to keep those aspirations alive--to keep pushing forward. Welcome to The Next Episode... Video Coming Next Thursday Apple Podcasts (Coming soon) Spotify Google Podcasts Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.

https://youtu.be/dLpb44ujrJM Week In Review Articles The WSJ: Powell Says Fed Will Consider More-Aggressive Interest-Rate Increases to Reduce Inflation The WSJ: Mortgage Rates Hit Fresh Three-Year High The WSJ: U.S. Jobless Claims Fall to 187,000, Lowest Level Since 1969 The WSJ: Judge Ketanji Brown Jackson’s Supreme Court Confirmation Hearings: What to Know Nike: Nike Partners With the Bryant Family to Honor Kobe’s Legacy https://twitter.com/lazettabraxton/status/1507691427848929283 Weekly Mixtape Morgan Housel: How People Think "Most things are harder than they look and not as fun as they seem because the information we’re exposed to tends to be a highlight reel of what people want you to know about themselves to increase their own chances of success. It’s easiest to convince people that you’re special if they don’t know you well enough to see all the ways you’re not." The Root Of All: The Art Of Money "Art and money share more similarities than we like to th

https://youtu.be/TTxEjigRESc Week In Review Articles The WSJ: Fed Raises Interest Rates for First Time Since 2018 The WSJ: Mortgage Rates Rise Above 4% for the First Time Since 2019 The WSJ: China’s Covid-19 Surge Shuts Down Plants in Manufacturing Hubs Shenzhen and Changchun The WSJ: After Walt Disney, Robert Iger Heads to the Metaverse https://twitter.com/Steph_Bogan/status/1505184630734872579 Weekly Mixtape A Wealth Of Common Sense: Different Kinds Of Sad "Looking back has been cathartic. It doesn’t take away the sadness but that sadness wouldn’t exist if it wasn’t for all of the fond memories we had with her." The Reformed Broker: Don't Bother Looking, It Will Find You "People who sell it will find you. That’s their job. I know these people. They know exactly what they’re doing. And once they’ve identified you they will prey upon your every weakness. Not only will they convince you that this is how the “real” wealthy people invest, they will set an artificial