An Investment Lifeboat Drill Now Can Help Weather Future Disaster
Calm water makes a lifeboat drill much easier. We aren’t fighting the waves or the fear we feel during an emergency. Still, if the worst happens, and the drill becomes reality, at least we’ve rehearsed. We’ll know exactly what we are supposed do.
With the markets relatively calm, now is the perfect time for an investor lifeboat drill. But to get the most out of this drill we need to remember how we felt seven years ago when the markets were getting scary.
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Waypoint Wealth Management
The Keys to Effective Budgeting: Autonomy and Automation
Most people avoid budgeting because they consider it an exercise in repressive tedium. But it doesn’t have to be. By applying the science of motivation, economic evidence and the art of creativity, the apparent boredom of budgeting and saving can be remade into part a life-giving financial rhythm.
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Waypoint Wealth Management
Finding Surer Footing
We left the trail head at 1 a.m. and headed for the summit of the Grand Teton. I had made this climb several times, but my friend was still new to mountaineering. This trip was his first attempt at the popular peak. Our goal was to reach the top by sunrise so we had enough time to get back down before afternoon thunderstorms made the trail dangerous.
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Waypoint Wealth Management
Three Ways to Write Your Own Story, Like Baseball’s Daniel Norris
Yesterday, a bearded 21-year-old surfer who lives in a 1978 VW bus, and on a self-imposed annual allowance of $10,000, mowed down my beloved Orioles with a 96-mile-per-hour fastball.
Blue Jays pitcher Daniel Norris isn’t striving to make a statement with his apparently Spartan existence. He’s simply choosing to live life according to his priorities. He’s writing his own story.
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