A Winter Solstice Reflection
On this shortest day of the year, we cannot help but think of the shortness of life.
We only have one life. Let us wake up and take notice.
This is our work.
Think about a friend who lives in another state or country.
How often do you see them?
Once every other year perhaps?
If you’re 40, . . .
At my house, our french press requires 8 tablespoons of whole coffee beans for the perfect brew.
A few weeks ago, I swapped out my tablespoon for a 1/2 cup. This brought the required number of coffee bean scoops down from eight to one (because 8 tablespoons = 1/2 cup).
Boom. The next few days I cruised through the . . .
Think about the last time you worked out hard.
Was it fun while you were doing it? Hell no.
It was probably somewhere between bearable (“Come on Pete! Only 6 more minutes. You got this.”) and terrible (“I can’t do this. Yes I can … look I’m still moving. Maybe I should stop. No! I got this.”).
Then think about how . . .
You are you.
The way you are anywhere is the way you are everywhere.
The way you are at work is the way you are at home.
The way you treat your waiter is the way you treat your spouse.
The way you react to a bad call on the court is the way you react to your kid when you feel frustrated.
How we do . . .
1. If you are driving to a neighborhood where street parking is hard to find, just park in the first spot you see within 10 blocks of your destination. Then walk.
2. Treat your phone like a landline. Leave it at home when you go out. Don't worry - it will be waiting for you when you come home. Alternative: Leave it in the car when you go . . .
The mental benefits of passive investing
In my last post I laid out step-by-step exactly how I manage and invest my money.
Most of my investment portfolio is in passive, diversified index funds. This means I don't choose any specific stocks myself, I simply invest in the world markets as a whole.
By definition, this means that I won't beat the market.
. . .
A simple and effective approach to building wealth
A couple of years ago I wrote a post about How to Start Investing Today.
Since then, my basic investment philosophy has not changed, but some of my specific recommendations have evolved.
In this post, I reintroduce my investing philosophy and share my updated and specific steps for how I manage my money.