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I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.
Good morning Reader! My family spent the better part of a week and a half up in the Lake Tahoe region, near Fallen Leaf Lake. I barely had cell service, no WiFi, and loads of hiking and nature. I loved it. This is the view from Mt. Tallac at 9,739β² above sea level: Lake Tahoe & Fallen Leaf Lake It's important to unplug sometimes and get a bit of perspective on life without the interruptions. It doesn't have to be at 9,739 feet but I find that nature helps. And it doesn't have to be for a week...
Good morning Reader! We spent the last week or so up in the Lake Tahoe region and so I haven't been thinking too much about work and money. It's been a great chance to disconnect and recharge... and hike a lot! So this week's email will be brief. I did want to share a post I wrote a while ago that I still think about it frequently. It's the idea of Winner's Games and Loser's Games... check it out and let me know what you think. π² Best Bank Rates (as of 7/21): π° High Yield Savings - 3.80% APY...
Good morning Reader! The CAPE Index is a number some investors look at to help understand if the S&P 500 is overvalued. With consumer spending down and the market at all time highs (thanks to AI!), you might be curious what the number is ... it's 40.64. Is the market overvalued? Maybe. Can it stay overvalued and get even more overvalued? Yes. Don't try to time the market but stay informed. It may be a good time to do something responsible like rebalance your portfolio. If your allocations are...