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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! 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...
Good morning Reader! A few general purpose news items to share with you this week: This cyclospora thing is nuts. It's been going on for weeks, there are thousands of cases across 34 states, and we still don't know the root cause other than it's fresh produce. Michigan thinks it might be lettuce or salad greens. All advice says cook your food and avoid fresh produce (for now). We also might be saying bye to changing our clocks. The House of Representatives approved a bill to make daylight...