Sunday is for Sharing is a weekly roundup of my favorite articles, videos, and podcasts I read, viewed, and listened to over the past week.
This week features data showing the average net worth by age group, a beautiful explanation of how frugality makes life less stressful, and a brief interview with the world’s fastest mochi maker in Japan. Enjoy!
My Favorite Video
Anyone hungry for some mochi? Meet the world’s fastest mochi maker.
My Favorite Articles
via JL Collins
“So, am I predicting 12% returns (for stocks) for the next 40 years ? No, of course not. But I am suggesting 12% annual returns don’t require a perfect Golden Age. They can, and have, blossomed in the midst of turmoil, war, grief and economic collapse.”
“Much of my frugality pertains to simplicity and how I can streamline my life in order to make it more efficient.”
via Mr. Smart Money
“Unsurprisingly, the net worths of the top 10% vs. the middle 50% of every age group are not just higher, they’re exponentially higher. The average net worth of a top 10% 30 year old was $242,450. That’s almost 13x more wealthy than the average 30 year old.”
via The Billfold
“When I was a kid, growing up blue collar in Idaho, I thought our neighbors who had AC in their house were rich. So, I’ve come a long way.”
“For an investor with a 30-year time horizon, for example, the potential opportunity cost of holding cash is rather high when considering that the stock market’s returns over rolling 30-year periods have been consistently positive.”
My Favorite Podcast
An interview with Scott Adams, the cartoonist who created the Dilbert comic strips. In this podcast, Scott shares a plethora of useful info on how understanding healthy eating, psychology, and the art of always learning has helped him become successful and happy life.
“Be useful.” –Scott Adams
That’s all for this week, thanks for reading 🙂
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Zach is the author behind Four Pillar Freedom, a blog that teaches you how to build wealth and gain freedom in life.
Zach's favorite free financial tool he's been using since 2015 to manage his net worth is Personal Capital. Each month he uses their free Investment Checkup tool and Retirement Planner to track his investments and ensure that he's on the fast track to financial freedom.
His favorite investment platform is M1 Finance, a site that allows him to build a custom portfolio of stocks for free, has no trading or maintenance fees, and even allows him to set up automated target-allocated investments.
His favorite way to save money each month on his recurring bills is by using Trim, a free financial app that negotiates lower cable, internet, and phone bills with any provider on your behalf.
His favorite micro-investing app is Acorns, a free financial app that takes just 5 minutes to set up and allows you to invest your spare change in a diversified portfolio.
His favorite place to find new personal finance articles to read is Collecting Wisdom, a site that collects the best personal finance articles floating around the web on a daily basis.
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.