Please see this week’s personal finance articles, chart, and quote below. I was also quoted in an article from Top Dollar, which is linked to at the bottom of this email.
California Defies Doom with #1 US Economy
Matthew Winkler, Bloomberg
Across a number of metrics, including household income, productivity, innovation investment, and GDP growth, California ranks number 1.
How to Choose the Right Kind of Mortgage
A home loan usually represents the largest liability on your balance sheet. That makes it important to understand the options you have.
There’s never been a better time to take charge of your own finances. But, everyone has their limits.
The median price of existing homes is up 17% in the last year. The highest 1-year increase on record.
Source: 5-Chart Friday Charlie Bilello, Compound Advisors
“Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.”
– Seth Klarman
Media Mentions this Week
Money Advice for Your 50s
Mikaela Sullivan, Top Dollar
I was honored to be quoted in this article. Here’s what I said:
“For many of us, our work is our life. Once people don’t have that, it can feel like you’ve lost your sense of identity and don’t have as much purpose. As funny as it might sound, you should plan what you’ll do when you’re not working.”
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