Short Takes: Sustainable Investing, Mental Scripts to Calm Investors, and more

The list of needed repairs around my house that are beyond my skill to do myself keeps getting longer.  However, I’ve been promised that a contractor will be coming to complete one of them next week, and I managed to do a very poor concrete repair myself that might hold for a year.  I’m still riding high on last fall’s pool repair that I waited 3 years for.  So, it’s not all bad.  I’ll be happier when talented tradespeople aren’t all pulled into the vortex of building new houses.

Here are my posts for the past two weeks:

Money Like You Mean It

Trillions

Rich Girl, Broke Girl

Interest on a Car Lease

Here are some short takes and some weekend reading:

Christiaan Hetzner reports that Standard & Poor’s sustainability index now includes Exxonmobil and excludes Tesla.  I know Tesla’s price is sky-high and Elon Musk is a weird guy who sometimes writes dumb stuff on Twitter, but how is this relevant?  This is a huge black eye for sustainable investing.  The criteria they use are clearly nonsensical.  If I ever decide to embrace sustainable investing, I’ll have to build my own index of sustainable companies.

Preet Banerjee offers some mental scripts to help control your emotions when investing.

Justin Bender says the passive versus active investing debate is dead.  When it comes to stocks this debate should be dead.