One of the enduring rules of the internet is that when someone asks for advice, there is a 99.999999% chance they will not follow through on that advice. (especially if that advice was given for free!)
The reality is that most people will not follow through. They have enough activation energy to ask but not enough to continue. It’s like an extreme New Year’s Resolution.
But that represents an opportunity for those who are willing to.
Most People Won’t [Bryce.vc] – “But every once in a while someone puts themselves out there. Makes the leap. Faces rejection or failure or worse. And comes out the other side. Better. Changed. Bolder.”
A Very Tough Year [The Irrelevant Investor] – “Buy low sell high. Be fearful when others are greedy. Etc, etc. It’s easy to be brave when stocks are going up. But putting money on the line when nobody else wants to takes actual courage and intestinal fortitude. You’re never going to buy the bottom, and you’re almost always going to regret it in the short term, but if you can stomach the pain, you’re usually rewarded over the long term.”
Retiring Right [Humble Dollar] – ““It,” in this case, is retirement. In January, I’ll celebrate my 60th birthday. I have no intention of fully retiring, but I am thinking about how to work less, travel more and prep my finances for the years ahead. As I sketch out my plans, I’m drawing not only on a lifetime of writing and thinking about personal finance, but also on an even more valuable resource: you.”
Enjoy the weekend!