It's the beginning of a new year.......heck, it's the beginning of a new decade! If you have resolved to change some things in your life, you are not alone. According to wikipedia, New Year's resolutions go way, way back, beginning when Babylonians made promises to the Gods at the start of each year to return borrowed objects and repay their debts!
Who doesn't want to be more productive? In pursuit of this elusive "productivity", I have read books, including David Allen's book, Getting Things Done; The One Thing by Gary Keller, and Essentialism by Greg McKeown. I have tracked my time. Since returning from a financial planning conference in mid-November, I have been using the recommended Timeular, an 8-sided dice that sits on my desk. Currently, I have flipped it to "marketing" as I write this blog.
Many pre-retirees do not fully comprehend how dramatically their lives will change in retirement. For many people their job is their identity. Without work, they report more boredom, restlessness, and feelings of uselessness. People spend more time planning a wedding than planning their retirement!
What keeps people from recognizing the impact their investmernts have on the world around them? This was the question I needed to answer as part of my homework in the course, "Towards Aware and Values-Centered Investing." A timely question, on the heels of the recent Global Climate March, preceding the U.N. Climate Action summit.
Whether we're younger or older, single or married, professionals or stay at home moms, money is a source of anxiety for most if not all of us.
We are living during unprecedented times. Historically, investors have been paid an interest rate for lending money, in order to be compensated for the opportunity cost, for the risks of inflation, and for the credit risk. Now though, there is more than $15 trillion of government debt around the world with negative yields.