Good morning all – and happy Saturday!
I’m in an airport lounge gearing up for a quick weekend getaway, so I will keep it short and sweet this time around.
The good news is that we had a pretty decent week in the markets.
The bad news is that we are still in a bear market – and no one (no matter what they tell you) knows how things will pan out from here onwards.
The best we can do is take an educated guess – and my own guess is that between inflation, interest rate rises, a war, and a potential recession, we are still far away from being out of the woods.
Which also happens to be good news – because the absolute best time to invest is WHILE we are in the proverbial woods, not when it’s an absolute no-brainer because “stocks only go up”.
Next week, I’ll talk through some mental frameworks for navigating the current stock market environment.
In the meantime, I hope you have a fantastic weekend. Kick back, relax, and enjoy the top-notch personal reads below!
From Yours Truly
Is Passive Investing A Blatant Lie?
How To Create Something From Nothing
Building Wealth
Too Good To Be True – Dollars and Data
The Two Most Important Words In A Bear Market – Tony Isola
How Long Does It Take For Stocks To Bottom In A Bear Market? – Ben Carlson
Risk Happens Fast – Young Money
A Time To Puke – Belle Curve
And in case you don’t like puking:
The Case For Owning Bonds – Ben Carlson (yes, it’s a double feature this week)
Early Retirement
Did We Retire At The Worst Possible Time? – Eat Sleep Breathe FI
Lifestyle Design
The Greatest Life Hacks In The World – New York Times
The Difference Between Busy and Non-Busy People – Joshua Becker
All Around
Once In A Lifetime – Morgan Housel
Have an awesome start to the weekend everyone!
– Damian
About Banker On Fire
Enjoyed this post?
Then you may want to sign up for our exclusive updates, delivered straight to your inbox.
You can also follow me on Twitter or Facebook, or share the post using the buttons above.
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.
For advertising opportunities, please send an email to bankeronfire at gmail dot com
