I now get asked about the psychology of decumulation more than anything to do with accumulation (bull market problems).
Hope you'll enjoy this piece on the psychology of spending what you've worked to hard to build.
https://t.co/LK6lLtGpFd
@matt_gottshall@MrNQDC In the UK it's regulatory law to disclose fees in £/$ not just %. Clients also receive a regular annual statement detailing investment, custody and adviser fees, again in £.
Jim Leaviss, Bond Vigilante, 1971-2026 - https://t.co/mw6PnSpzvX
That's a real shock. Aged 55. Seemed like a really down to earth guy, who happened to be a bond genius in his day job.
Who the fcuk asked for snicko technology in football. How is this a CLEAR and OBVIOUS (to the eyes) error? Absolutely travesty for Croatia and the game of football. VAR has a place, but not like this.
Mortgage rates are NOT "high" by any historical measure. Property valuations got out of hand, fueled by a temporary low interest era. And now it's getting back to normal.
@CubRachel I have a friend in London this from Chicago. London is just about bearable but he heads to Paris on Wednesday where its expected to hit 41c/105F for 3 days straight. Not ideal sightseeing weather!