What, you don’t like it when I post a single calculator for a whole week when it’s the holidays?
Enjoy this weekender, where I link to other articles I liked throughout the week!
Links We Liked!
- The Wall Street Journal had a nice feature on the challenge and opportunity of cities over the next decades – since, you know, a dominating majority will probably soon be urban dwellers (as opposed to a slight majority).
- Nelson at Financial Uproar followed a ‘famed short-seller’ and found that confirmation bias is one of the biggest barriers to doing well when short. Even obvious bubbles can stay bubbly longer than you can risk staying short – like the infamous Keynes quote, “Markets can remain irrational longer than you can remain solvent.”
- Political Calculations points out that the ‘missing middle class’ is really just an effect of (you guessed it!) changing demographics of the workforce. We sympathize!
- Also at the WSJ, some interesting commentary on primate experiments – turns out other primates also are guilty of a bit of celebrity worship.
- Our friend MM at Save. Spend. Splurge also is thinking about the future lean times, and has a 42% cash allocation. She’s also looking to eventually put money down on a condo – go check out her net worth breakdown! (I’ll have to break my allocation down again, but here it is from 2014 when I was pushing about 30% in cash/bonds).
- Finland (a country to which I can trace some of my roots) is studying how to put a Universal Basic Income in place, possibly of around 550 – 800 Euros a month (about $865 at the top end – about ~ $10,000 a year, but remember it’s a bit cheaper there). We did the math in 2013 on a Negative Income Tax/Universal Basic Income for the US, check out our calculator.
- J$ at Budgets are Sexy tackles a Millennial poll on money opinions. There are some… interesting and unexpected… answers buried in there, and his commentary is great!
- Interested in investing in volatility, but prefer to do it with an ETF? (May your pain be not as much as it otherwise would be!). Vix and More has updated their duration and leverage chart for the ETFs out there, and is a must read before you get in the game.
- The Dark Side and the Light Side might have equal-yet-opposite powers in the Force in the Star Wars Universe, but Bloomberg shows us that the audience has seen a bit more of the Light Side’s force usage. Check out the full accounting!