Small change, giant impact.

One challenge in financial planning is when a “small” decision creates something much bigger than we assumed.

“End of Plan” is one such decision.

Some planning software might call it “planning horizon” or “life expectancy” or any number of other euphemisms for “when might you die?”

Yes, death is scary to consider.

And it’s obvious how our lifespan affects our finances. The longer we live, the more money we need to live a successful retirement.

But there’s so much more!

Peter Lazaroff is one of my favorite voices in the investment management space.

Sharp. Interesting. A great teacher.

In honor of Peter's new book (!!), I wanted to throw things back to Episode 112, where Peter and I discussed the psychology and strategy of investing during uncertain times.

Our topics include international diversification, sequence of returns risk, and why consistency in strategy beats chasing performance.

​Trend Following / Momentum Investing​

Indexing is a wonderful investing strategy.

Some of us are then exposed to "add-on" ideas.

Trend-following and momentum are interesting examples. In short, the idea is:

Assets moving in one direction will keep moving that way

Ben Carlson breaks it down succinctly in this post.

One of our very own newsletter members, Brian Herriot, just published his new book, Time Freedom.

He even put together a nifty nine-question quiz to help you decide whether his book is for you. It took me ~90 seconds:

If the button doesn't work, try:

​https://timefreedom.life/score

The book is a good reminder that the trade-off between time and money does NOT have to be delayed to one single "retirement age." It's a series of decisions that starts much earlier.

Congrats Brian!