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December 28 - December 30, 2017
borrower is legally required to repay you.
it’s hard to be enthusiastic about bonds in today’s weird economic environment. Yields are abysmally low, so you earn a paltry return for the risk you’re taking.
These are principles we live by at Creative Planning,
never bet your future on one country or one asset class.
Use Index Funds for the Core of Your Portfolio.
we want exposure to stocks of all sizes: large-cap, midcap, small-cap, and microcap. By diversifying so broadly, you protect yourself against the risk that one part of the market (say, tech stocks or bank stocks) could get crushed.
Rebalance.
The beauty of rebalancing, says Harry, is that it effectively forces you to “buy low and sell high.”
As Winston Churchill said, “You make a living by what you get. You make a life by what you give.”
Our lives are shaped not by our conditions, but by our decisions.
It doesn’t matter what you appreciate. What matters is that by shifting your focus to appreciation, you slow down your survival mechanism.
You let go and start to laugh at things that used to drive you nuts. This makes for a happier life and healthier relationships, while also helping you to think more clearly and make smarter decisions. After all, when you’re stressed, angry, sad, or fearful, you’re not likely to find the best solutions.
science behind this meditation.
meditation

