Monkey Money Mind

I found myself unemployed at thirty-nine years old and paying rent out of my savings. What is your life going to be like when you can’t work? Put some cash away, man!

Love should never be an excuse to break the bank.

Thanks to an advisor, I invested for years in a worthless swamp. I learned a good lesson: it is better to look at what you are buying first.

My advice, especially to the young, is to choose your own path in life. As for my advice when it comes to finance, there is only one free lunch: rebalancing. When you rebalance, you sell high when the market goes up, and rebuy when the market goes down. In general, if you have a viable market, rebalancing means you’re going to make money.

Nature is the economist of the world. It is our foundation and it is not expendable. Without the gorillas who plant the seeds, fertilize the soil, and create light gaps in the canopy for plants to grow, we lose the next generation of forests. And without the foreststhe trees absorbing CO2, releasing oxygen, and storing the carbonwe’re up a creek without a paddle, to quote a scientific phrase.

It is infinitely more fun to send bills than to receive a salary.