I hope you’re having a great week.

Please see this week’s articles, chart, and quote below, along with two bonus posts written by me.

3 Articles

How Much Money Do You Need To Make To Be Considered Rich?
Ben Carlson, A Wealth of Common Sense

Nearly 40% of households in the United States earn less than $50k a year. Two-thirds of households make less than six-figures. And anything over $200k a year puts you in the top 10%.

 

SPACs, NFTs, and GameStop
Peter Mallouk, Creative Planning

This article summarizes some of the trendier finance topics that have been in the headlines lately.

 

The Agony of High Returns
Morgan Housel, The Motley Fool

This is an old article from 2016, but the counterintuitive lessons remain. It’s about how even with a time machine a lot of people wouldn’t want to own the best-performing stocks. One of the companies it focuses on is Monster Beverage, which was the best-performing stock from 1995 – 2015, earning a return of 105,000%, which would have turned a $10,000 investment into more than $10 million.

1 Chart

Nationwide gas prices are 84 cents more expensive as compared to a year ago.

The top 5 most expensive states are: California ($3.87), Hawaii ($3.64), Washington ($3.32), Nevada ($3.31), and Oregon ($3.17).

    1 Quote

    “Investing is much like dieting: It is simple, but not easy. Everyone knows what it takes to lose weight (eat less, exercise more). Nothing could be simpler, but few things are harder in a world full of chocolate cake and Cheetos.

    Likewise, investing is simple: Diversify, buy and hold, keep costs low. But simple isn’t easy in a market seething with “free” online trades, funds that promise to transform losses into gains, and TV pundits who shriek out trading advice as if their underpants were on fire. The real secret to being, or becoming, an intelligent investor is bolstering your self-control.”

    – Jason Zweig

      Bonus Content | Articles by Will This Week

      Saving Rates vs. Investment Returns
      This article answers the question, what matters more: a) how much you save in your investment account, or b) your investment’s rate of return?

        Subscribe

        Join Our Newsletter

        Sign up to receive an email when new articles are posted.

        Disclosure: The information being provided is strictly as a courtesy/convenience. When you link to any of the web sites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites.
        Think Different Financial Planning is not liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technology, web sites, information and programs made available through this website.
        When you access one of these web sites, you are leaving this web site and assume total responsibility and risk for use of the web sites you are visiting.
        Think Different Financial Planning does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Think Different Financial Planning’s web site or incorporated herein, and takes no responsibility thereof.