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Three Thoughts

John Lim  |  Aug 17, 2021

“THE UNEXAMINED LIFE is not worth living,” warned the Greek philosopher Socrates. What has my examination turned up? Here are three recent thoughts on life and how money fits in:
1. What’s measurable isn’t always meaningful. It’s easy to get tunnel vision when it comes to our personal finances. We—along with our financial advisors—tend to focus on the size of our 401(k) or our net worth, in part because these are easy to measure.

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Do we talk too little about our personal finances—or too much?

Jonathan Clements  |  Aug 17, 2021

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If you could live your financial life again, what would you do differently?

Jonathan Clements  |  Aug 17, 2021

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What obligations do we have to our heirs?

Jonathan Clements  |  Aug 17, 2021

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What’s the best strategy for collecting and using credit card rewards?

Jonathan Clements  |  Aug 17, 2021

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What’s the best way to gauge an investor’s risk tolerance?

Jonathan Clements  |  Aug 17, 2021

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What do you wish your younger self knew?

Jonathan Clements  |  Aug 17, 2021

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How often do you check your portfolio and the markets—and why?

Jonathan Clements  |  Aug 17, 2021

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Should political views influence how we invest?

Jonathan Clements  |  Aug 17, 2021

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What should be the top financial priorities for those in their 20s?

Jonathan Clements  |  Aug 17, 2021

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What stock would you happily hold for the next 10 years?

Jonathan Clements  |  Aug 17, 2021

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Catastrophic Care

Jim Wasserman  |  Aug 17, 2021

YOUR PETS CAN’T TELL you when they don’t feel well, and yet somehow they do.
One of our cats, Sangria, seemed to have no energy for several days. Part Siamese, she’s usually a loud crier. But lately she’d taken to quietly hiding in a closet. My wife Jiab—the cat attendant responsible for intake—reported her eating as normal. I, in charge of the litter box, noticed that outflow was a bit irregular. We thought it would pass.

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Learning to Spend

Catherine Horiuchi  |  Aug 17, 2021

MY TWINS ARE OFF to college. They’re on different paths. One is attending an institution less than 100 miles from home, while the other will be on the far side of the continent. One has a full-ride package of financial aid from her chosen college. The other isn’t getting as much.
Every morning this past week, I’ve intended to pay the first semester for the twin who didn’t get a full ride. I have the cash.

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Doesn’t Apply to Me

Sonja Haggert  |  Aug 16, 2021

DURING A HEATED discussion, the chairman at my old employer grew exasperated with me. “Rules are meant for other people, not me,” he snapped.
I had no idea how prevalent that attitude was—until recently. It seems some hospitals and drug companies also feel that the rules don’t apply to them.
There have been articles in The Wall Street JournaI about a new rule that went into effect requiring hospitals to show how much they charge for procedures.

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Coin Collecting

Andrew Forsythe  |  Aug 16, 2021

IN MY CALLOW YOUTH, I would sometimes travel northeast from Austin, Texas, on Highway 79. It was a peaceful and somewhat lonely drive as I passed through various sleepy little towns, with the railroad track paralleling the highway to my right. The sound of the occasional train whistle was the perfect musical accompaniment.
One of the first towns I’d get to was Rockdale, which was best known for having a big Alcoa aluminum factory.

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