Humble Dollar author and personal finance guru Jonathan Clements offers these recommendations:
1. A small home is the key to a big portfolio.
2. Debts are negative bonds. paying off debt almost always garners a higher after-tax return than you can earn by investing in high-quality bonds.
3. Watching the market and your portfolio doesn’t improve performance.
4. Thirty years from now, you’ll wish you’d invested more in stocks.
5. Nobody knows squat about short-term investment performance.
6. Put retirement first. Before buying a house.
7. You’ll end up treasuring almost nothing you buy. Focus on experiences rather than possessions—a wise use of money, says happiness research.
8. Work is so much more enjoyable when you work for yourself.
9. Will our future self approve? As we make decisions today, consider how your future self will look back on your choices.
10. Relax, things will work out.
Get the full details: https://humbledollar.com/2020/02/nobody-told-me/
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