{"id":49,"date":"2021-09-08T16:01:00","date_gmt":"2021-09-08T16:01:00","guid":{"rendered":"https:\/\/bwfinancialplanning.com\/2021\/11\/04\/what-ive-been-reading-september-8-2021\/"},"modified":"2025-08-06T16:13:25","modified_gmt":"2025-08-06T16:13:25","slug":"what-ive-been-reading-13","status":"publish","type":"post","link":"https:\/\/bwfinancialplanning.com\/?p=49","title":{"rendered":"Eighteen Year Breakup"},"content":{"rendered":"<p class=\"\">Here\u2019s what I\u2019ve been reading this past week or so.<\/p>\n<h3><a href=\"https:\/\/tonyisola.com\/2021\/08\/eighteen-year-breakups-are-never-easy\/\"><strong>Eighteen Year Breakups Are Never Easy<\/strong><\/a><\/h3>\n<p class=\"\">Seeing images of my friends taking their children to college on social media the past couple of weeks has tugged at my heart strings. These are children who I watched learn how to bike, then to drive. How did I become this old?? The author writes about dropping off his first twin son at college and the awareness of what money can and can\u2019t do in our lives.<\/p>\n<div class=\"\n          image-block-outer-wrapper\n          layout-caption-below\n          design-layout-inline\n          combination-animation-none\n          individual-animation-none\n          individual-text-animation-none\n        \" data-test=\"image-block-inline-outer-wrapper\">\n<figure class=\"\n              sqs-block-image-figure\n              intrinsic\n            \" style=\"max-width: 461px;\"><br \/>\n<div class=\"image-block-wrapper\" data-animation-role=\"image\">\n<h3><a style=\"font-size: revert; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\" href=\"https:\/\/www.theatlantic.com\/family\/archive\/2021\/09\/dream-job-values-happiness\/619951\/\"><strong>The Secret to Happiness at Work<\/strong><\/a><\/h3>\n<\/div>\n<\/figure>\n<\/div>\n<p class=\"\">\u201cEarned success&#8221; is one of the factors in being happy at work. Makes sense, right? I love the term \u201cearned success\u201d. If success comes too easy, you don\u2019t appreciate it. The article reminded me of the book\u00a0<a href=\"https:\/\/www.amazon.com\/Grit-Passion-Perseverance-Angela-Duckworth\/dp\/1501111116\/ref=sr_1_1?keywords=grit&amp;qid=1631140738&amp;sr=8-1\">Grit: The Power of Passion and Perseverance<\/a>\u00a0which talks about how the struggle of pursuing a goal can grow into love, resilience, and pride. I keep waiting for my struggle with keeping plants alive to turn into love and pride\u2026 not there yet\u2026<\/p>\n<p class=\"\">Meet one of my plant victims, Freddy. He has survived over a year (respectable!), but hard to say he has thrived. ???\u200d\u2640\ufe0f<\/p>\n<h3><img decoding=\"async\" class=\"thumb-image\" style=\"color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\" src=\"https:\/\/bwfinancialplanning.com\/wp-content\/uploads\/2021\/11\/1baf7728-58e8-d007-3106-2f508a550563.jpg\" alt=\"\" data-image=\"https:\/\/bwfinancialplanning.com\/wp-content\/uploads\/2021\/11\/1baf7728-58e8-d007-3106-2f508a550563.jpg\" data-image-dimensions=\"1128x846\" data-image-focal-point=\"0.5,0.5\" data-load=\"false\" data-image-id=\"61840374f3ffb038b9cfbcf2\" data-type=\"image\" \/><a style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: revert;\" href=\"https:\/\/www.wsj.com\/articles\/what-youve-lost-in-this-bull-market-11630677610?mod=searchresults_pos1&amp;page=1\"><strong>What You Have Lost in this Bull Market<\/strong><\/a><\/h3>\n<p><span style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">Are you<\/span><em style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">\u00a0risk taking<\/em><span style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">\u00a0or\u00a0<\/span><em style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">risk seeking\u00a0<\/em><span style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">with your investing? Jason Zweig writes about the important difference in these behaviors. The original title in the print edition was\u00a0<\/span><em style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\"><em style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">Beware the Bet You Don\u2019t Have to Make. It Could Explode\u2026<\/em><\/em><\/p>\n<div class=\"image-block-wrapper\" data-animation-role=\"image\">\n<h3 class=\"sqs-image-shape-container-element\n\n              has-aspect-ratio\n            \" style=\"padding-bottom: 75%; overflow: hidden;\"><a style=\"font-size: revert; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\" href=\"https:\/\/www.businessinsider.com\/personal-finance\/investing-mistakes-avoid-financial-planner-2021-9\"><strong>4 Investment Mistakes I See Over and Over as a Financial Planner<\/strong><\/a><\/h3>\n<p><span style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">Can you guess what they are?<br \/><\/span><br \/><a style=\"font-size: revert; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\" href=\"https:\/\/www.amazon.com\/Psychology-Money-Timeless-lessons-happiness\/dp\/0857197681\/ref=asc_df_0857197681\/?tag=hyprod-20&amp;linkCode=df0&amp;hvadid=508977995883&amp;hvpos=&amp;hvnetw=g&amp;hvrand=10759727388220105590&amp;hvpone=&amp;hvptwo=&amp;hvqmt=&amp;hvdev=c&amp;hvdvcmdl=&amp;hvlocint=&amp;hvlocphy=9052071&amp;hvtargid=pla-947774987444&amp;psc=1\"><strong>The Psychology of Money\u00a0<\/strong><\/a><br \/><span style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\"><span style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">by Morgan Housel<br \/><\/span><\/span>I highly recommend this book. I\u2019m only on Chapter 7: Freedom and have been blown away so far. \u201cThe ability to do what you want, when you want, with who you want, for as long as you want is priceless. It is the highest dividend money pays.\u201d I\u2019ll be sharing more nuggets as I go through the book.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/select\/what-is-financial-flexibility\/\"><strong>What is Financial Flexibility and Why is it So Important?<\/strong><\/a><\/p>\n<p>There is such a thing as over-saving!<\/p>\n<p><a href=\"https:\/\/ryanholiday.net\/believing-in-yourself-is-overrated-this-is-better\/\"><strong>Believing in Yourself is Overrated. This is Better.<\/strong><\/a><br \/>Ryan Holliday has some words of wisdom to share.<\/p>\n<p><em style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">BW Financial LLC dba BW Financial Planning is an Investment Adviser registered with the State of Colorado.<\/em><em style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. We may, from time to time, have a position in the securities mentioned and may execute transactions that may not be consistent with this communication&#8217;s conclusions. This communication is for informational purposes only and should not be construed as legal, accounting and\/or tax advice. Should you have any questions and\/or issues in these areas, please consult your legal, tax and\/or accounting adviser.<\/em><\/p>\n<\/div>\n<p class=\"\">\u00a0<\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here\u2019s what I\u2019ve been reading this past week or so. Eighteen Year Breakups Are Never Easy Seeing images of my friends taking their children to college on social media the past couple of weeks has tugged at my heart strings. These are children who I watched learn how to bike, then to drive. How did [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":332,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,12,13],"tags":[22,3],"class_list":["post-49","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-behavioral-finance","category-financial-planning","category-investing","tag-financial-planning","tag-personal"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Eighteen Year Breakup<\/title>\n<meta name=\"description\" content=\"Are you\u00a0risk taking\u00a0or\u00a0risk seeking\u00a0with your investing? and the secrets of happiness at work. 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