It’s Happy Hour and a perfect time to take a break before you file your tax return. So sit back, relax and enjoy some recommended reading before you have to rush off to meet the deadline.
Springfield, Oregon?
The cat is out of the bag. The truth is out in the open. It only took 23 years to finally reveal what most people stopped caring about years ago. Matt Groening finally came clean about the true location of Springfield in The Simpsons in an interview with Smithsonian magazine. My life is now one step closer to complete.
Project Glass Parody
Last week, I mentioned Google’s new Project Glass. Since it’s release there have been a bunch of funny Youtube parodies that have since been released. I still think the glasses are cool, but the videos are funnier.
Last Call
- I’ve discussed trading vs. investing before, but not in its relation to market commentary. It’s easy to be confused by the talking heads when advice (or opinions) are being tossed around. In a nutshell it’s all about your investment timeline.
- We, as investors, will make many mistakes in our investing lifetime. It’s just a fact. The mistake of stock loyalty will be one of them. For some reason our emotions have never been great for stock picking.
- The argument against actively managed funds is often repeated as an argument for index funds. This doesn’t mean that active fund managers don’t beat the indexes. What the post argues is the probability of an active fund manager beating an index fund is low so you shouldn’t invest in them.
- There are a few people who believe that now is the best time to get into stocks. The reason may not be so obvious. It has more to do with a gradual rise in bond interest rates. This won’t happen over night, but a year from now rates will be slightly higher and could rise for the next decade or two.
- On the discussion of rising interest rates, is this bit of advice about buying a house. Mortgages are at all time lows and rents are increasing. Now is the best time to buy a house if you don’t plan on moving for at least 5-6 years.
