February 26th, 2018
Found something interesting on Reddit this week. Made me laugh, then made me worry slightly. Does everyone hate the writing style on RetireJapan?
I haven't noticed any notable news stories, so here are some links I found interesting this week.
Who is your boss? Are you happy with that? Always enjoy Derek Sivers' writing, even when he's writing for musicians.
This week's millionaire interview. Pretty solid and relateable this time.
How to grow your net worth $1m in four years. Of course, eh?
How much is enough? A really important question. Getting this right can transform your life.
A few factors that will affect your safe withdrawal rate in retirement.
The Wealthy Accountant reminds us to work on the small, permanent money improvements. I have an electrician coming round next week to look into changing mercury lights into LEDs.
Very in-depth and very long article about technological unemployment. Are machines replacing human workers? Are new jobs being created as the old ones disappear?
Some thoughts on mental preparations for retirement. Mindset might be more important than money.
If you are under 40 you should be hoping for a stock market crash. I really hope we have a bad one sometime in the next couple of years...
Cooking at home is healthier and saves money. I need to get better at this.
Live like a student now so you can live like one later, too. After all, students basically do what they want all day (at least they do in the UK. Japanese ones, not so much).
Do rich people own stocks because they are rich? Or are they rich because they own stocks? I suspect it might be the latter.
How safe withdrawal rates actually work in practice, and why you probably won't run out of money.
Nippon Life is bearish on Japanese equities.
The secrets to financial success are revealed in this nice little write-up. They turn out to be rather obvious. Doesn't stop them working, of course.
Buffett has said it before, but you don't need more than average intelligence to be a good investor. EQ and and an understanding of principles and history are much more important. This post by Ben Carlson makes the argument that being smart is actually a net negative.
Incredible if someone isn't aware of this, but ten years ago I was not following this basic rule of personal finance. Do yourself a favour and make it iron-clad in your life.
Tynan writes another thought-provoking post this week: how to avoid worrying about things.
Collaborative Fund shares their interesting articles of the week. I particularly enjoyed the car-sharing article. Pretty soon we'll all be getting rid of our cars.
I booked a hotel with Booking.com and was reminded how much I like their service. Sign up with this link to get 1,800 yen when you book next.
This article explains how Amazon organises their warehouses: TLDR they don't. A bit like my office, except that I don't have a database in the cloud keeping track of where everything is...
Seth Godin makes a good point about sunk costs as only he can. I have a lot of projects I probably need to clear out of my head.
Phew. Anything you enjoyed in there? Do you miss the randomly bolded words in this post? Let us know in the comments :)