The Friday Feast ~ the 28th of August

Published August 28, 2015   Posted in Friday Feast

The personal finance community is filled with so many talented writers and truly inspiring people and families who want something much different in life than the traditional plan of buying lots of stuff and retiring in their 60s.  Here is a look at the best of this week’s personal finance blogs.

In this episode of Friday Feast: Financial Samurai, Dividend Mantra, Go Curry Cracker, 1500 Days, Just One More Year, The Atlantic and Slowly Sipping Coffee.

readingWelcome once again to Friday.  This has been one heck of a week, both for the stock market and the personal finance community.  I learned this week how up-beat, positive and resilient this community of bloggers true is, even through the temporary turmoil of the markets and level of doom and gloom throughout.

Financial Samurai wrote about the implications of the market’s “mini-correction” and what it means for both entrepreneurs as well as every day employees of organizations in this economy, not to mention real estate investors and financial independence fighters.

Jason from Dividend Mantra wrote about the fallacy of trying to “time the market” and ran a scenario between two investors, one who invested money at exactly the right time, and the other who timed it precisely wrong.  The difference between the two?  Check it out.

The one and only Go Curry Cracker penned some thoughts on exposure therapy, remembering with joy times where he lost $1k, $10k, even $400k, in the stock market, and still sleeping like a baby night after night.  “But the engine of innovation continues.  Human ingenuity knows no bounds.”

Remember that 4% article from a couple days ago?  Mr. 1500 Days to Freedom added to the madness with his own little rant, arguing that the Trinity Study’s 4% “rule” won’t, in reality, steal your wife, punch you in the face and urinate in your flower garden.  I agree. Mr. 1500.  I agree.

Just One More Year wrote a piece detailing the lifestyle inflation that we Americans put ourselves through, seemingly every year, in an effort to keep up with the Jones’.  For example, the medium home size in this country saw a near-100% increase in the last 35 years.  100%!  And let’s not even get started on the expensive cars and the number of gadgets that we own and [sometimes] enjoy using.

Check out this article from The Atlantic about the 11 ways that consumers are idiots when it comes to math and advertising, often choosing inefficient or more expensive “solutions” to our received problems.

Lastly, a special thanks to Slowly Sipping Coffee for continuing the About Series, which is a way for us to learn a little more about your blog and what makes it tick – beyond what is already written on the about page.

No Friday Feast next week or the week after – vacation time in New York is right around the corner.  More about that next week, but until then, enjoy!

We track our net worth using Personal Capital



Comments

11 responses to “The Friday Feast ~ the 28th of August”

  1. Maggie says:

    A great feast, indeed. I loved the exposure therapy article as well as the 4% rant on 1500 Days (and now I have a legitimate fear of DEATH BY KOMODO DRAGON!). Happy Friday!

  2. Steve,

    Thanks so much for including me. Much appreciated.

    Vacation time in NY sounds pretty sweet, my friend. Keep enjoying the good life! 🙂

    Cheers.

  3. Loved all of these posts this week, and about to check out the Atlantic article. Thanks, as always, for a great list! Can’t wait to hear about your New York trip! It’s probably not helpful to tell you about the life-changing meal we had at Per Se a few years back… Ah, the good old days. 🙂

    • Steve says:

      Thanks ONL! I’m looking forward to finally seeing the city. Should be a blast. You can tell me the story, but only if it ends well! 🙂

  4. Stockbeard says:

    Loved the article on Just One More Year. Very eye opening statistics!

    • Steve says:

      Amazing, isn’t it? Lifestyle inflation in pursuit of MORE, MORE, MORE is an incredible phenomenon that’s keeping people at work for decades longer than otherwise required. Sad indeed.

  5. Thanks for the shout out on your Friday Feast. I read all of these posts in my regular reading, except for “The Atlantic”, which I just discovered with your site.

    I discovered through my recent article, just how much our readers have been exercising their frugal muscles, making some rather thrifty lifestyle choices. Steve, we have a great community of people in this FIRE gang.

    We too are taking some vacation next week, hitting the road in our trailer (not an Airstream 🙂 ) next week for some vacation time. Have a great and safe trip to New York!

    • Steve says:

      Hey Bryan,

      Enjoy the vacation – I know we will, and after the last couple weeks at work, I need it. Yours might be a little more scenic than mine, though. 😉

      Agreed, it really is a great community of FI folks, all goal oriented towards a very similar purpose.

      It’s great!

  6. Mrs SSC says:

    Thanks for the inclusion in the Friday Feast!
    Enjoy the time off and have fun in NY!

Leave a Reply