Daniel Patterson, CFP®

Owner of Sweetgrass Financial Planning, CERTIFIED FINANCIAL PLANNER™,Husband, Father of 3, Christ Follower, craft beer aficionado, closet nerd

[Daniel Patterson, CFP® @genxyadvisor]

Do you want to save and invest more, but are not sure what accounts to fund first?
Check out my new blog where I outline a framework that will help you to prioritize where your savings/investment dollars should go and in what order.
https://t.co/sQIhI1fR86

[Ian Darke @IanDarke]

This USA team are quite an advert for Mauricio Pochettino’s coaching. Had to endure lots of criticism , but he has the team at concert pitch at exactly the right moment … and that is a real skill.

[Barstool Sports @barstoolsports]

Me and the boys pulling up to FIFA HQ to file the Balogun appeal

[Barstool Sports @barstoolsports]

The entire stadium sang the National Anthem ahead of the USMNT’s match 🇺🇸

[Gain of Fauci @DschlopesIsBack]

Australians: “Losing to the US at the World Cup was our most embarrassing moment ever.”

Also Australia:

[B/R Football @brfootball]

Exactly 20 years since his first World Cup goal, Leo Messi adds another to his collection 🌎

[Philip Klein @philipaklein]

This isnt the question. The question is whether they get access to frozen money and cash from sanctions relief. This is the same game Kerry and Obama played.

[Josh 🏴󠁧󠁢󠁳󠁣󠁴󠁿 @jhendy_10]

In all my years following Scotland, one of the most hilarious and brilliant moments. Tartan Army take over Fenway Park post game singing "Super John McGinn" on repeat for over 45 minutes

[wokeandwoofing @wokeandwoofing]

If I had Elon's money I would solve world hunger instantly.😡

Sent from a device purchased with with a sum of money that could have been used to feed an Ethiopian family for a year, but wasn't, because my generosity is purely hypothetical.

[Jonah Goldberg @JonahDispatch]

I think the compromise consensus position for pretty much everybody of good faith should be that the full text of the agreement be released. There’s no reason to take Trump’s word or Iran’s or random leakers’ word for it. Release the text, period.

[Trung Phan @TrungTPhan]

an all-time bet on yourself

[Three Year Letterman @3YearLetterman]

Absolutely shocked that the woman who thought the decision to play football in 2020 was worse than Jerry Sandusky is now expressing bewilderment that the South doesn’t stone visitors to death

[Sara Eisen @SaraEisen]

We should make sure Americans are not pursuing entrepreneurial, game-changing, humanity-improving innovations and inventions that create enormous value and catapult American competitiveness? That culture and pursuit are what makes America special and unique. And it’s why Europe has no trillion dollar companies and is nowhere in the ai revolution or technology

[litquidity @litcapital]

Everyone saying Elon Musk is the world’s first trillionaire is conveniently ignoring the entire country of Zimbabwe

[Robby Soave @robbysoave]

I have never once in my life encountered someone expressing this sentiment. Either I live in quite a bubble, or Ezra Klein does.

[Today Years Old @todayyearsold]

Hollywood has spent nearly $600 million trying to bring Matt Damon home.

Have they considered maybe he just doesn’t want to come back?

[Peter Mallouk @PeterMallouk]

A reminder as IPO activity heats up:
Even the most successful companies often have painful starts.
After its May 2012 IPO, Facebook (now $META) fell 54% peak-to-trough and finished its first year down 31%.
The broad stock market was up 31% over the same period.

[Peter Mallouk @PeterMallouk]

The S&P 500 has returned an average of 12% per year since 1980 and has done so despite an average intra-year drawdown of 14%, and often drawdowns that are much worse.
The lesson? Volatility doesn’t equal a permanent financial loss unless you sell.

[Puru Saxena @saxena_puru]

Moral of the story - do NOT chase hot IPOs

Year-1 average drawdown = 55%
Year-1 median drawdown = 54%

Table: Truist

[Marc Goldwein @MarcGoldwein]

This United States made an estimated $186 billion of improper payments last year, while borrowing nearly 10x that -- $1.8 trillion.

I'm happy the Vice President is focused on fighting fraud .. we shouldn't be wasting scarce federal dollars.

But this won't balance the budget.