Good morning, Plutus, Family! We are so excited to start 2023 with you all. Please kick your feet up and enjoy these great articles.
Here’s what we wanted to share with you this week.
Dirty Secrets of Personal Finance. [Emancipare] – “Dividends! Real Estate! Crypto! Gold! Long/Short Options! I-Bonds! Ladders! Alternatives! Credit Card Points & Miles! Day Trading! Market Timing! Guess what – there’s no magic, only illusion. Nobody beats “the market” over time. Nobody.” (Submitted by Tarsha.)
A New Free Tool to Manage Your Asset Allocation. [The Retirement Manifesto] — “The free Net Worth template I created years ago has been downloaded by thousands of readers, but I just made a major improvement. Now, when you open that spreadsheet, you’ll see a new tab titled “Asset Allocation” that is linked to all of the figures in the net worth spreadsheet.” (Submitted by J. Money.)
Price Changes Over Time, Some Things Have Become Ridiculously Cheap. [Accidental fire] — “Where prices are going to go in the near term is anyone’s guess, but over the longer term I think it’s safe to say that in general electronics and established technology items will continue to decrease. Anomalies such as chip shortages can temporarily disrupt that of course as we saw recently.” (Submitted by Tarsha.)