What I have been reading - 29th October 2021

Here’s what I enjoyed reading this week:

The Cure for FOMO: FOMO is a tough one right now. I like this as a cure.

Raises, Negotiations and $67,000: If you are in a job where you believe you are underpaid, read this. In fact, if your salary depends on someone else's decision, read this.

Living a Purposeful Life After Retirement: Wise words in this article for anyone who is getting close to retirement and pondering how they might spend their days.

4 Things That Will Never Change for Young Investors: The world is always changing but some things will never change. Young investors need to realise this.

Internal vs. External Benchmarks: This is related to the first article - the idea that we should be measuring how we are doing by using ourselves as benchmarks rather than using others as benchmarks.

10 financial steps to take when starting your own business: Good advice in here for any would-be business owners. I followed most of these (those that apply) when I starting my business 3 years ago and it relieved a lot of pressure.

Risking, Fast and Slow: Nick Magguilli explains two different types of risks brilliantly here. The slow risk is one that I am always explaining to people. With good financial planning you don't need to worry about the fast risk.

Never short something you don't understand: I did a talk this week to the Cayman Islands Fund Administrators Association. The remit was "Investment Managers and Strategies". I talked a bit about shorting and about how incredibly hard it is. I should have just read this article out!

FINALLY:
Past Pandemics Remind us that COVID will be an Era, not a Crisis that Fades: The phrase 'it's not going anywhere' sadly seems to be true.

ENJOY!

Georgie

georgie@libertywealth.ky