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Smart Money Insights for Wealth, Health, and Life
Paper Gains Newsletter by Matt Magee at mForce Capital I need to meet Kevin one day. I utilize his material often and agree with his philosophy of life. Great reminders for us all, especially those on the climb. This WSJ headline caught my attention. The whole rent vs buy argument gets a lot of headlines. FOMO buying your most expensive asset is usually never a good idea. The article outlines many of the reasons renting is so appealing to so many. I have even started to see more 50+ empty...
Paper Gains Newsletter by Matt Magee at mForce Capital This Tweet went viral recently and does such a great job explaining markets and investing. Not many people have it in them to ride that rollercoaster. Of all the changes, going from $170k to $110 million would have been the most life-changing (in my humble opinion). Except, they did NOTHING. I could talk about this for hours, but a few things jump out to me. The size of a position matters a lot, especially in volatile markets. Having...
Paper Gains Newsletter by Matt Magee at mForce Capital Is College Worth It? But we're asking the wrong question entirely about college. Instead of 'Is college worth it?' we should be asking 'Which parts of college are working, and what does that tell us about the future?' The math is brutal for most graduates. Boomers could trade 4 years of college for 40 years of middle-class security (more or less). Today's 25-year-old faces a negative net-present-value on that same deal. When the...