“You have power over your mind, not outside events. Realize this and you will find strength.” — Marcus Aurelius
Happiness is a popular topic lately — what it is (and isn’t), how to find it, how to keep it … so we were intrigued by the article below about setting aside money for a happiness budget.
This isn’t about “keeping up with the Joneses” but about determining what you believe is worth spending money on. We would love to hear what is in your “happiness budget” the next time we get together.
In our financial lives—and often our personal lives— we can learn a lot from the Chinese philosophy of Taoism, which embraces letting go of things you cannot control. Sometimes doing less may provide better results than doing more.
Here are some timeless personal finance tips from billionaires (did you know Warren Buffett still lives in the home he bought in 1957?). Lastly, this brief video may provide some insight into the most recent market performance and news, including what all the talk about trade and tariffs really mean for investors.
So long summer; hello fall!
Cultivating a “happiness budget” can help you figure out when and how to spend your money to achieve an elevated level of happiness. If a pricey gym, weekend getaway, or new golf clubs help to increase joy in your life, then they are investments well worth pursuing.
There is something to be said for staying informed and taking initiative in life. But watching stock prices tick along on your smartphone or conducting daily research on your portfolio holdings can be counterproductive. Regular rebalancing, quiet discipline, and sharing any concerns with your advisor will better serve your long-term goals.
These wise business moguls offer sensible advice, like don’t be seduced by status symbols, believe in yourself, and start saving and investing your money as early as possible. Dedication to these ideals may lead you to a life of greater success and satisfaction.
This short video examines various asset class performances for the second quarter and discusses market and economic headlines, like the recent trade negotiations and tariffs.
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