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Short Takes: Seeing the Past with Rose-Coloured Glasses, Hardest Decision in Investing, and more

I wrote one post in the past two weeks:

What the Experts Get Wrong about Inflation

Here are some short takes and some weekend reading:

Rob Carrick and Roma Luciw discuss housing costs for young people today. I had to laugh at remarks in the second half by Bridget Casey. It’s true that certain aspects of modern life are more challenging for young people than they were a generation ago. Even adjusting for inflation, rents are higher, university costs are higher, and finding full-time work is harder. However, her characterization of what life was like back in the 1980s was way off. If I could be young again, I’d rather do it in 2020 than go back to the 1980s.

Steadyhand offers help to investors who sold out of stocks during the recent crash and are now faced with the hardest decision in investing: how to get back in.

Big Cajun Man has a set of heuristics for what to do with savings. There are exceptions to his rules, but you could do a lot worse than his plan.

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