Good morning, money nerds! Are you ready to dive into 2020? I am. It’s like a clean slate, isn’t it? I’m eager to make the most of the year. To start, let’s take a look at some top money stories, shall we?
“Why I walked away from a six-figure job.” [Every Single Dollar] — “I made the bold decision to walk away from my (with two weeks’ notice, of course) with no other permanent job lined up. I know it’s something that a lot of people dream of doing but it took careful planning and preparation along the way. I didn’t just wake up and decide to quit. So if you are thinking of taking the same course of action, here are reasons I had to consider when deciding to leave my job.”
How do your financial priorities stack up with the “investing pyramid”? [Morningstar] — “Here’s a look at the investment pyramid I would propose, ranging from what should be investors’ top priorities — the base of the pyramid — to the least important ones. If you have a finite amount of time to devote to your investment activities, this can help guide the way.”
Three forces that are shaping the world. [Collaborative Fund] — “Every current event – big or small – has parents, grandparents, great grandparents, siblings, and cousins. Ignoring that family tree can muddy your understanding of events, giving a false impression of why things happened, how long they might last, and under what circumstances they might happen again. Viewing events in isolation, without an appreciation for their long roots, helps explain everything from why forecasting is hard to why politics is nasty.”
The ultra-wealthy who argue that they should be paying higher taxes. [The New Yorker] — “[Abigail] Disney is one of the highest-profile figures in the Patriotic Millionaires, which now has more than two hundred members in thirty-four states: technology entrepreneurs, software engineers, Wall Street investors, industrialists, and inheritors of family fortunes.”
Last of all, here’s a video I found interesting. When Kim and I took a Mediterranean cruise last summer, we chatted with the cruise director about what it takes to get a job as a performer on a ship. Even on a small vessel, it’s tough. This seven-minute clip gives an inside look at what it takes to be a cruise-ship performer.
That’s it for today! We’ll be back tomorrow with more top money stories from around the web. See you then!