This man concisely explains a few points about conversations that I've slowly been learning over the years. I wish I had watched this video a few decades ago - I could have had better conversations much earlier in my life.
If you haven't read the book "How to Win Friends and Influence People", I highly recommend it. Though it is about a century old, the thoughts expressed in the book are as true today as they were then.
This video doesn't refer to the book, but it does cover an important topic in the book: "Become Genuinely Interested in Other People". I've always been interested in others, but have been improving how I go about that and will continue to do so.
Anyone watching has probably noticed that the posts to this blog have been changing.
That is a result of a few things. First, my grandkids are now at an age where they don't really want their grandfather posting about them, so I will respect that. Well, for the most part anyway. :)
Second, now that I'm retired I have the time to look into things I've always wanted to research. That includes many topics including history, architecture, art, music, and self-improvement. Upcoming blog posts will cover these topics as it is a convenient place to hold onto great information I've found on these topics.
This post will be the first labeled "Self-Improvement" and there is not a better song to represent that topic than this Pearl Jam song. Not that I stay out until 4am or anything, but I will indeed try to be a better man.
The Case Study Houses were residential home designs sponsored by Arts & Architecture magazine during the 1940s, 1950s, and early 1960s. They were intended to showcase inexpensive ideas for home designs during the housing boom after the end of World War II.
John Entenza from Arts and Architecture magazine led the effort which led to 36 designs that resulted in 25 constructed homes, mostly in Southern California.
[NOTE: Blogspot has a bug that causes videos to be displayed in unpredictable sizes on mobile devices. This post is best viewed from a computer instead of a mobile device]
With stock markets at or near all-time highs, it is natural to begin considering when the next significant downturn will happen.
Here are some thoughts on the topic. I don't agree with everything said, but there are some very good points in these videos. Take from them what you want!
"Permabear" Jeremy Grantham on Why Wall Street Won't Tell You
Sasha on What's Goin' On Right Now
Jamie Dimon on the World Right Now
My favorite investors are Warren Buffet, Charlie Munger and Jack Bogle. As I run across great videos of them, I will include them below.
Let's discuss relatively safe places to park money. By "relatively safe", I mean with low to no risk of significant decline in value and accessible for withdrawal within just a few days (under a week in most cases).
Most investors consider options such as savings accounts, CDs, US Treasuries and bonds.
Savings accounts can be accessed the fastest in most cases, but often don't offer returns that keep pace with inflation.
CDs typically offer higher returns, but usually still don't keep up with inflation.
Short-term US treasuries, aka t-bills, keep up with inflation but don't do much more than that.
Longer-term US treasuries can return more than inflation, but also come with higher risk of loss in value if you sell them before maturity or hold them in an ETF type of environment.
Investment-grade bonds offer even better returns but also come with a high risk of significant loss in value in some time periods - especially when interest rates are rising.
Note all of the thoughts above are my opinions and are not meant as advice to you - study publicly available information and reach your own conclusions.
Below are some good videos on the topic.
What are bonds?
Options on where to park cash.
I will add more videos below as I run across them.