My latest post for Alpha Baskets looks at some basic but important building blocks for personal finance and investing. The timing of this is interesting given that the WSJ gutted its personal finance group. You can search #wsjperfi on Twitter if you don’t know about this yet. This was a lot of fun to write.
From the post;
- If you come to realize you are too afraid of the stock market to invest in it then you need to be prepared to save a lot more or work a lot longer.
- Never confuse luck with skill.
- It is human nature to forget what large declines feel like and then conclude “this one is different.”
Please click through to read the entire post.