“. . . the financial conversations you have with yourself, your partner and your household are essential. Money has a way of creating anxiety when there isn’t harmony in the way it flows into and out of our lives. It doesn’t matter how much you make or how much you spend. If money creates anxiety, it saps your energy.
We need your essential creativity and good energy more than ever. We need that part of you that wants to touch people’s lives, not because you want to save the world, but because touching people’s lives and making a difference gives you joy and hope and happiness.”
From my book, The Coffeehouse Investor’s Ground Rules – Save, Invest, and Plan for a Life of Wealth and Happiness.
Despite what you hear and read on the daily news, the world is getting better, not worse. It is messy, but it is getting better.
That is the argument put forth in Laurence Siegel’s book, “Fewer, Richer, Greener – Prospects for Humanity in an Age of Abundance.” Pour yourself a cup of your favorite coffeehouse blend and listen to Morningstar’s podcast from last week, where Mr. Siegel explains his fascinating take on life, investing, the markets, and his case for optimism amid these challenging times with Christine Benz, Morningstar’s director of personal finance.
In his reflections, he presents a strong case for the “humble” Coffeehouse Investor portfolio, and the importance of getting on with your life.
Remove your anxiety around money. Strategize with me and build a plan to weather the market's volatility.