Greatest Hits: Volume 28

Greatest Hits

Generally speaking, the items on your to-do list can be categorized into two buckets.

There’s the easy stuff.

These things don’t take a very long time to knock off the list – and they give you a pleasant dopamine rush once you’ve crossed them off.

Getting to inbox zero. Returning calls.  Paying bills.

You get the idea.

The easy items easily account for 99% of your list, at least in volume terms.  But certainly not in importance.

No, the important stuff is elsewhere.  It’s in that 1% of your to-do list.

The big, hairy, clunky, hard to approach, “if I fail it won’t be pretty” items.

They can languish there for months and years.  Many people don’t manage to cross them off at all.

Starting a family.  Changing jobs.  Moving countries.

Launching a business.  Nailing that big promotion.  Finally getting into real estate.

Even if you take a proper crack at them, it can feel like you are spending weeks and months going at it, without making any discernible progress.

And then one day, the stars align, and all the work you’ve done finally pays off.

It’s easy to de-prioritize these things in favour of the first bucket, the emotional fast food that keeps the wheels turning but doesn’t take you anywhere.

But you only move forward by tackling the big stuff.

The unfortunate reality is that the longer you let those things languish on the “list”, the less likely you are to actually do them.

I’ve had one of those items on my list for more than a year – and it finally feels like I’m about to cross it off (at which point, of course, I’ll share the outcome on here).

A little luck and a little push can go a long way.

Which is to say – whatever you’ve got on your list for 2022, please keep on pushing.  The results may well surprise you.

Have a wonderful Sunday all!

From Yours Truly

What If The Good Times In The Stock Market Are Over?

Pedal To The Metal: How To Build Wealth In Your 40s

The Big Wobble

Building Wealth

Big Skills – Morgan Housel

Generational Wealth – Indeedably

If you are looking for an unbiased view on decentralized finance (i.e. not one delivered by a crypto bro), you can do worse than read this post by the ever-excellent Finumus:

Down The DeFi Rabbit Hole – Finumus via Monevator

10 Things I Love About Market Corrections – A Wealth Of Common Sense

Why Are Poor People Poor And Rich People Rich? – Bitches Get Riches

Make A Reverse Bucket List To Push Through Tough Times – Accidental Fire

And finally, a realistic perspective on growing a successful side business:

Millennial Mom With A $12.5k/Month Side Hustle – CNBC

Early Retirement

Should You Die With Zero? – Rad Reads

Happiness Revisited: Did Early Retirement Have An Impact? – Accidentally Retired

Lifestyle Design

Some might say the post below belongs in the building wealth section above.

Perhaps.

But to me, it’s a beautiful and inspiring example of designing a life that combines, work, family, hobbies, and purpose.  Highly recommended.

FIRE Crossroads: Crossing 7 Figures Annually As A Dentist – Physician on FIRE

All Around

Create Memories, Not Regrets – Spilled Coffee

Also, long and not finance-related but absolutely riveting:

The Battle For The World’s Most Powerful Cyberweapon – NY Times

Recommended Books

As always, some top books to round it all off:

The World For Sale: Money, Power, And The Traders Who Barter Earth’s Resources – Javier Blas and Jack Farchy

If you like basketball and enjoyed The Last Dance (like I did), you will most likely want to pick up this book:

11 Rings – Phil Jackson

Getting To Yes: Negotiating An Agreement Without Giving In – Roger Fisher

Have a wonderful weekend!

Note: the above post may contain affiliate links.  You can read up about our affiliate policy here.

 

 


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Banker On FIRE is an M&A (mergers and acquisitions) investment banker. I am passionate about capital markets, behavioural economics, financial independence, and living the best life possible.

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6 thoughts on “Greatest Hits: Volume 28”

  1. Hi . I hope all is well, regular reader of yours so surprised you haven’t posted for a wee while. I hope it’s because your just super busy clicking those deals/ getting promoted. All the best and hope to be reading more soon.

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