Fill your brain with some goodness and read some of these recommended articles on debt, investing, health, time management, and other interesting tidbits to give you a leg up in life.
Simplify your life. Find your truth. Work towards your goals.
Financial Planning
- Baby boomers love big/huge homes. There’s nothing like monster square footage along with monster mortgage payments to make those over 50 years of age feeling cozy. While they often imagine one day downsizing and cashing out with a lot of home equity, it’s not often going as planned as less and less younger people are interested in bigger homes with all of the related cash expenses to keep those homes up and running. Personal use homes are NOT investments, they are monster cash drains that continue for as long as you own the home – https://www.cnbc.com/2017/10/13/boomers-worry-they-cant-sell-those-big-suburban-homes-when-the-time-comes.html
- Crypto currencies and blockchain technology are definitely the future of transactions and will be very disruptive to our current financial systems. A good oversight article here on perspective and players – Josh Brown goes down the bitcoin rabbit hole and says you can practically smell ‘the stampede is coming’ – https://www.cnbc.com/2017/10/19/josh-brown-goes-down-the-bitcoin-rabbit-hole-commentary.html
Investments/Valuations
- European Central Bank President Mario Draghi (the kind of financial stimulus, money printing and debt encouragement) is now stating that commercial real estate valuations are looking stretched. In a world of central banking where every problem is solved by stimulus, it’s encouraging to know that they are seeing extremes form in the economy (even if they believe they had little or nothing to do with creating those problems in the first place.) – https://www.cnbc.com/2017/10/14/draghi-commercial-real-estate-stretched-no-bubbles-in-stocks-bonds.html
- Here we go! It’s getting official. The treasury secretary Mnuchin is trying to tell everybody that the reason that the stock market will see a significant drop will be if tax reform doesn’t pass. Ummm…yeah right…could be that…or it could be because the market is at the most extreme levels in market history…Maybe you should connect the dots and help people understand how the Treasury and Federal Reserve created this monster bubble and jacked global debt to Mars. Trump also taking credit for stock market gains. Does that mean he will take the blame for the eventual losses? – https://www.cnbc.com/2017/10/18/mnuchin-market-will-see-significant-drop-if-tax-reform-doesnt-pass.html
Macro
- On an international bright note, it appears that China is looking to be proactive in tempering down risk to avoid sudden collapses in asset prices due to over leveraged markets. China’s central bank governor acknowledges escalating debt levels as posing potential problems – https://www.cnbc.com/2017/10/19/chinas-central-bank-just-warned-of-a-sudden-collapse-in-asset-prices.html
Health
- The link between sugar and cancer is slowly becoming more clearer – Check out this article from USA TODAY: – https://usat.ly/2x6WDN4
Other Tidbits
- Trump taking credit for stock market gains through Twitter. Does this mean he will take the blame when the second half of the market cycle kicks in and stock values plummet back to reasonable valuations wiping out trillions in fictional wealth along the way? – https://www.cnbc.com/2017/10/16/new-stock-market-high-time-for-another-trump-tweet.html
- Rising sea levels threaten nearly $1 trillion worth of US homes, and most of them are moderately priced per Zillow – https://www.cnbc.com/2017/10/18/rising-seas-threaten-nearly-1-trillion-worth-of-us-homes-zillow.html