Friday Reading: Happy to Be An Introvert

By Harry Sit

This first article is off-topic. A family member emailed me a link to this article and said "that’s you." I read it and I replied back "You are right. That’s me."

10 Myths About Introverts from CarlKingdom

In this world where extroverts get more attention, I’m happy to be an introvert. It’s amazing they have me work with salespeople and those salespeople tell me they love me to death. Go figure. It’s either opposites attract or they just love everyone or say they love everyone. Now I have to get that book the article talked about and read what it says.

Are you an introvert as well?

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"Timing the Market" Using Stock Valuations from Matthew Amster-Burton at MintLife

Everybody agrees "valuation matters" but says don’t time the market with it. How do you prove a certain market timing approach will not work? You can’t. The future hasn’t happened yet.

I time the market to a small degree. I buy more on the dips. I buy more when stocks are on sale. I rebalance with a band. I overbalance. I take money off the table after a good run. It worked. All my purchases since last August made money. Some are up about 40%.

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Geriatric financial lessons learned from Military Retirement & Financial Independence

A very detailed note about the journey of becoming a conservator of his elderly father inflicted with Alzheimer’s. 9 months and over $14,000 in legal fees just so a son can legally take care of his father’s finances. That’s a good lesson for all of us.

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What if Insurers Didn’t Pay for Crashes Caused by Texting? from Ann Carrns at Bucks blog

Interesting thought. I agree it’s a slippery slope. What if insurers didn’t pay for crashes caused by eating a Big Mac? Or by adjusting the radio? Raising the insurance premium, sure. Not paying the claim, no.

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Q&A: Seeking the Inefficient Asset Class from Fama/French Forum

Professors Fama and French answer the question whether small cap or emerging markets stocks are less efficient.

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RESP Canada Learning Bond (CLB) — Why Aren’t More People Claiming it? from Money Smarts Blog

Canadian government makes deposits to the educational savings account of a qualifying family’s child. How nice!

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Free tax advice for TurboTax users from Jonathan Chevreau at Financial Post

Don’t get excited too soon. This is in Canada too. I wonder why Intuit doesn’t do the same in the US.

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Blog of the Week

Money Smarts Blog

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Comments

2 Comments on Friday Reading: Happy to Be An Introvert

  1. Iris Engelson on January 13, 2012
     

    You may also be interested in a new (soon to be released) book by Susan Cain, called “Quiet: The Power of Introverts in a World That Can’t Stop Talking“. It’s available for pre-order on Amazon.

  2. Nords on January 14, 2012
     

    Thanks for mentioning our geriatric lessons learned!

    And yes, I’m an introvert too. Here’s one of the articles that started it all, from a 2003 issue of The Atlantic:
    http://www.theatlantic.com/magazine/archive/2003/03/caring-for-your-introvert/2696/

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