And just like that, we are two weeks into 2021.
I think we can all agree that so far, it hasn’t really felt any different from 2020.
New mutations popping up across the world – and spreading faster than anyone could expect. Cases (and casualties) continuing to rise despite ever-stricter lockdown measures.
The healthcare system, and all the brave people who are working 24/7 to keep it going, remain under immense pressure.
But make no mistake – this time is different. The light at the end of the tunnel is getting ever brighter.
Here in the UK, we have now vaccinated about 5% of the population and are now vaccinating roughly two million people a week.
Not too shabby, given our government hasn’t exactly led the way in handling the pandemic.
Other countries are even further ahead – witness Israel crossing the 20% vaccination mark a few weeks ago. Many others are bound to catch up.
The finishing line is now well in sight. And as with any race, it’s not how you start – it’s how you finish.
We are literally mere weeks away from being able to (slowly) get back to normal. Those of us who are fortunate enough to be healthy and employed have tons to be grateful for.
So hang tight – and do whatever you can to help those who need it. Even if that means simply staying at home and keeping your spirits high.
With that in mind, here are some excellent reads to get your weekend off on the right note.
From yours truly:
If you are skeptical things will EVER get back to normal, you are certainly not alone.
The world seems to have bifurcated between the haves – and the have-nots.
Morgan Housel (who published one of the best personal finance books of 2020) explores the two conflicting narratives in Two Worlds: So Much Prosperity, So Much Skepticism.
Are you optimistic about the future, but think the market is getting ahead of its skis?
Waiting to buy the dip?
The Irrelevant Investor explores why that might not be a great idea in Here’s What Happens When You Buy The Dip.
Feel like you missed out on all the stock market gains last year? It could be worse.
A programmer on the West Coast has just two tries remaining to access $240m of Bitcoin in his wallet.
For anyone who is itching to jump on the active investing bandwagon and join the army of Robin Hood traders, The Evidence-Based Investor explains why most Robinhood traders lose money.
Also – it’s totally okay to build wealth slowly. As a matter of fact, there are plenty of advantages to that approach.
In other words, love thyself – and your investing style.
Since the ugly events at the Capitol ten days about, a lot has been said about the existential crisis facing the world’s pre-eminent democracy.
But are things really that bad?
As it turns out, we’ve been down this path before. Bunker Riley takes us on a journey in The Soul Of America.
Notwithstanding all the doom and gloom, plenty of bankers (myself included) will have reasons to be excited over the next few weeks.
That’s right, the bonus season is upon us.
I’ve always found it fascinating that most bankers, despite leading outwardly affluent lives, don’t really have much to show for their years of toiling away.
Then again, it applies to other well-paid professions as well.
In a great example, the Physician on FIRE talks about how much doctors make – and why it really doesn’t matter.
If you are a high earner but have lots of debt and limited time, you want to pay attention here.
And to wrap it up for the day, here’s a fantastic collection of ten investing insights in ten simple charts from Four Pillar Freedom.
Just can’t get enough? Then pick up one of the excellent books below:
About Banker On Fire
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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.
Find out more about me and this blog here.
If you are new to investing, here is a good place to start.
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