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The art of imperfection.

Heigh-ho, everybody, J.D. here with another week of Apex Money goodness in store.

Here in Oregon, I’m suffering from a monster cold that just will not go away! Kim and I both picked this up from our nephews when we were in California for Thanksgiving. It’s not COVID (multiple negative tests), likely not the flu (both have vaccines), but it’s something similar that waxes and wanes. Right now, it’s waxing for me and I hate it. My head feels like a big balloon! Anyhow, enough about my stuffy nose. Let’s dive into personal finance.

How to create your estate plan: A checklist. [Morningstar] — “It’s helpful to think of estate planning as a process, rather than something that’s one and done and begins and ends in an attorney’s office. Crafting an estate plan involves a series of steps, some of which you’ve probably already undertaken and are probably going to need to revisit as your life unfolds.”

“My favorite investment writing of 2022.” [Of Dollars and Data] — “Unlike previous years, 2022 was painful for investors of all types. Stocks fell, bonds fell, and crypto really fell in the worst market environment since 2008. And, though this year was difficult for all of us, the silver lining is all the great investment writing that came out of it. With that being said, I present my favorite investment writing of 2022.”

The art of imperfection. [Austin Kleon] — “A lot of what I love in art is ‘deliberate imperfection,’ which you see in everything from Japanese wabi-sabi to Navajo rugs to punk rock. Mistakes or ‘happy accidents’ that don’t get thrown out, like mishearings that lead to new ideas. Chance operations, introductions of asymmetry, invitations to weirdness and error, and what Sally Mann calls ‘praying to the angel of uncertainty’.”

The magnificent bribe. [Real Life] — “The bribe is a discomforting concept. It asks us to consider the ways the things we purchase wind up buying us off, it asks us to see how taking that first bribe makes it easier to take the next one, and, even as it pushes us to reflect on our own complicity, it reminds us of the ways technological systems eliminate their alternatives.” This is a heady piece, but a good one.

That’s all I have for you this Monday. I’m going to crawl back in bed again to continue sleeping this off. I’ll be back tomorrow with more. See you then!