The Friday Feast ~ the 3rd of February

Published February 3, 2017   Posted in Friday Feast

The personal finance community is filled with so many talented writers and inspiring families in search of something better out of life than the traditional society-approved plan of buying lots of stuff and retiring in your 60s if you’re lucky.

Here is a look at the best of this week’s personal finance blogs.

In this episode of Friday Feast: Rethinking the Dream, The Financial Diet, Millennial Money, The Naughty Investor, I Vigilante, Quiet Habits, Defined Sight, Money Glee, Untemplator, Rockstar Finance.

readingWelcome to the end of another week. The Friday Feast is my opportunity to highlight some of the best personal finance content that I read during the week. Both old and new articles get mentioned here because I enjoy going through people’s posting archives.

Now, on to the personal finance blogosphere!

We start off with a post from Rethinking the Dream who tells us have fun pissing your money away. That’s what renters do, right?

Oh, and The Financial Diet gives us the no-bullshit guide to financial terms we weren’t taught as kids.

My favorite post of the week

My favorite post for this week comes from Millennial Money who asked (and answered) the question: Are stocks too expensive?

“The Dow hit 20,000 this week for the first time in history and stocks have been ridiculous over the past 7 years, but extra ridiculous over the past month. So what? Anyone who invests seriously knows the Dow is bullshit and doesn’t matter.”

He continued, “Unfortunately, a majority of Americans aren’t participating in passive or active stock investing. They are missing out on one of the best ways so build wealth.”

Stocks are never “too expensive” to buy!

More from the personal finance community

The Naughty Investor tells us why relying on your job as your only income is a bad idea.

And hey – be the you you were when you were you…so says I, Vigilante, anyway.

Also, Quiet Habits recalls the life-changing power of wearing his pants twice. For the record, I wear mine WAY more than twice.

Lastly, Defined Sight addresses an interesting question: Are introverts better money savers?

Honorable mentions: Money Glee gives us 5 signs we might be financially illiterateUntemplator asks if we have what it takes to be a penny pincher, lastly, a Rockstar Finance Forums thread asks: Pay off the mortgage, or invest more in a 401k?

Video of the week

Check out the swap meet we went to earlier in the month. It was supposed to be this wild and crazy event…

Coming up in the week ahead on ThinkSaveRetire: On Monday, we’re talking about blogging and whether or not buying an SSL certificate is worth it. On Wednesday, we’re getting technical with an in-depth guide to Roth IRAs from an up and coming podcaster.

Thanks for reading, and cheers to another financially productive week ahead!

We track our net worth using Personal Capital



Comments

28 responses to “The Friday Feast ~ the 3rd of February”

  1. It seems a common theme the month that people are afraid the market is over inflated. I think the Dow article you picked this week did a good job of pointing out why it’s all just noise and you should stick to your plan.

  2. Favorite post is a good one. I’m personally trying to take a balanced approach – meaning continuing to regularly invest into the market, while also stashing away a little more cash than usual.

  3. Market timing has been proven that its not sustainable, I will stick with time in market on companies that I believe will be around in the next 10-15 years.

  4. Thank you for linking my post. I really appreciate it!

  5. Thanks for including me! And for the record, I wear mine much more than twice now. It had a better ring to it than “The Power of Wearing My Pants 5 times or more”.

  6. In our city it’s actually a wash between renting and home ownership. I think it’s tough to apply a blanket “right or wrong” when it comes to owning property; it depends on your location and FIRE plans.

    • Steve says:

      That’s very true – it all depends on where you live and your circumstances. For me, homeownership was a devastating financial decision, but nothing that I didn’t escape from in the end. But for others, it can be incredibly lucrative.

  7. Arrgo says:

    I appreciate the Friday Feast and the links to other interesting blogs. I’ve found some good stuff that way. I also started wearing my pants a few more days after I read an article about the CEO of Levis saying he does it too. Washing your jeans so much really wears them out. Enjoy your nice pictures and videos. And good to see you’ve really made it. A friday night at the swap meet and a huge thing of popcorn. It doesnt get any better than that! 😉

  8. I agree that the Dow is a bad fund to track the stock market, it’s just that people have been doing it so long, it’s become a tradition to just use it.

  9. NinjaPiggy says:

    Thanks for all the great links! I’m excited to check out some of these blogs that are new to me. It still amazes me with all the content already out there, there’s still plenty of new and exciting material in the PF blog world.

  10. k says:

    Thanks so much for including me! Much appreciated!

  11. HeatherLiz says:

    Thanks for posting this roundup, and introducing me to several personal finance bloggers I wasn’t familiar with. The “Power of wearing your pants twice(or more)” resonated with me, since I have been working to tame the laundry situation for my family (my teenaged son does his part by leaving it all on the floor and re-wearing items indefinitely). Also, the graphs on that post were so detailed.

    I’m looking forward to reading your archives.

  12. Jef says:

    Thanks for mention Steve! A big honour to pop up on your Friday feast..
    Interesting swap meet there as well, looked like you guys had some great fun and I’ve got a bit of food envy seeing the popcorn and salsa 😉

  13. I’ve been to the Tanque Verde swap meet but was not impressed. I don’t need any of the stuff they are selling. I would have to go back if there were more people selling like a flea market, but what the stalls are selling just doesn’t interest me.

    Some great posts from the community. Quiet Habits really was going overboard there with their jean washing schedule. Pants hardly need washing after all, and more frequent washing just wears them out faster making you need to buy more!

    • Steve says:

      Yeah, we went primarily for the fun of it…and to film our experience. We bought nothing other than the popcorn. Still a fun thing to do on a Friday night. 🙂

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