Admiring the ability to enjoy the simpler things in life
As a child one of favorite sights was that of the suitcase my uncle had brought back with him from his travels. We always knew that bloated suitcase represented many mysterious and exciting gifts (toys of course) that can only be found abroad.
We were always very polite and waited patiently for the suitcase opening ceremony during which each of us received a present, thoroughly packed in wrapping paper bearing funny looking writing and smells of faraway places.
Read more…
The better posts from fellow bloggers this past week include:
The Financial Fallacy of Patterns, Causation & Correlation @ The Financial Philosopher
Great post. The problem with patterns runs even deeper. Even if a pattern has been spotted it says nothing as to the related causality. Correlation is the bane of many of the social sciences, including economics. I’ve written quite a bit about it. Hume’s brilliant analysis of the problem of induction is perhaps one my most favorite philosophical text as it leaves you shaken by the sheer truth of the arbitrariness of empiricist life. A fascinating subject. My thoughts On Causality and Correlation in Economics can be found here.
Five things to do for the baby before returning to work @ The BagLady
This topic has grown very close to me these days. I’d add: Prepare Mommy for post maternal leave life – The level of how our priorities changed amazed me even though I had given this issue much though. Suddenly we’re there for another. That is a significant change I’ve yet to fully comprehend (after 6 months).
Hitting 6 Figures Income at 28! @ The Financial Blogger
Congratulations on hitting your mark! I believe 6 figure income is a state of mind, so to speak. The post includes several tips on how to achieve such a goal. From my experience, everything amounts to commitment and understanding of the broader picture. Adopting a pragmatic point of view according to which you have to earn rather than hope to get recognized is crucial. Too many employees believe they are entitled to much more than they are getting. This is a self-destructive point of view. The pragmatic approach suggests doing your best in a given job or seeking out alternatives on your way forward. Career management is an active endeavor and one should not hope for things to improve but work to improve those.
Retirement Investing Advice For Late Start Investors @ The Digerati Life
My fundemental reasons for concern
As several of my last posts indicate I have whole heartedly adopted Dollar Cost Averaging as my investment strategy. The reasons have been discussed in length a few posts ago.
Today I thought about liquidating some of the investments I’ve made in the past 6 months due to the negative vibe in the market encouraged by leading economists and investment gurus such as Noriel Roubini, George Soros and Bill Gross who all attribute a certain bubbly taint in the markets.
Read more…
Best City in the World
New York City is my favorite destination in the world. Any opportunity to visit again, whether on business or pleasure is a joy. With each visit a new light is shed on some other aspect of the city. I’d like to share two such spotlights with you.
In case you have been wondering The Personal Financier is very much alive. It may not seem so but I’m doing my best on getting back on track. It’s amazing how life changes once you have a child.
Read more…
