Tim’s Top Links – 5/6/20

If you’ve got more free time these days, and are looking to stay up to date on what’s going on the in finance world, check out the Mullooly Asset Podcast!

There’s a new episode every week. They’re short, informative, and easy to understand.

Here’s what I’ve been reading this morning:

‘Advice at the Water Cooler’ – Dasarte Yarnway – Bernkell Financial

  • Even though most people aren’t physically talking around the water cooler anymore, Dasarte shares a few ways to keep a level head and not cause irreversible damage to your finances during these difficult times.  There’s a lot of sensational headlines being thrown around.

‘More is Less’ – Michael Batnick – The Irrelevant Investor

  • For young investors, especially over the last bull market, utilizing leveraged investment products seemed like a great idea.  Michael illustrates in his latest post just how dangerous these products can be when the market turns down.  Leverage on the upside feels great, but leverage on the downside can be catastrophic.

‘Betting on Things That Never Change’ – Morgan Housel – Collaborative Fund

  • In Morgan’s latest post, he uses the very first web page of Amazon to show the importance of stability for companies.  While change can bring about huge growth for businesses, betting on things that stay the same can be a real difference-maker.

‘Unlimited Economic Stimulus: What are Your Thoughts?’ – Josh Brown, Michael Batnick – The Compound

  • In the latest edition of What Are Your Thoughts?, Michael and Josh discuss the idea of unlimited economic stimulus, the market’s best month in 30 years, Warren Buffett, and more!

ENJOY!

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