Carnivals and Links, Week of August 10

August 22nd, 2020 by 
PK

Posts We Liked!

Check out the following interesting articles for the week, screened by your enlightened hosts:

  • "Alternative Income Streams" - an article summarizing some of the common alternative income streams and what it means to develop them.  A nice checklist to compare against your own experiences.
  • "Why Wal-Mart Supports an Employer Mandate" - an article about the weird news that Wal-Mart supports new laws (in committee) mandating a certain health coverage for all workers at companies.
  • "On Causality and Correlation in Economics" - seeing as how DQYDJ features a lot of articles from an Economics point of view, this article is a home run.  Since correlation doesn't prove causality, how do you find what causes what?
  • "Most Individual Investors Are Poor Investment Portfolio Managers" - from the perspective of diversification (and risk based returns) comes this article on the failure of  individual investors to properly understand opportunity costs.  A great read, and well researched.
  • "Your Income, Year by Year" - an article from the always interesting Political Calculations based upon 1997-2007 Census filings on average income by age vs. 18 - 24 year old incomes.  Includes the required calculator for you to estimate your future earnings based on this model (lets call it... Personal Net Present Value).

Carnivals


      

PK

PK started DQYDJ in 2009 to research and discuss finance and investing and help answer financial questions. He's expanded DQYDJ to build visualizations, calculators, and interactive tools.

PK lives in New Hampshire with his wife, kids, and dog.

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