I feel like I’ve had a huge burst of creativity and productivity over the past ten days. It’s been awesome. I hope you’ve been getting a lot out of the articles, too.
My pace will slow soon, however, as I begin work on my book project. Though Get Rich Slowly will remain my top priority, I’ll have less time to spend here than I have over the past three years. Fortunately, the staff writers will be selected and ready to write in a week or two. They’ll help fill the gaps while also adding some variety around here.
Before I get back to writing articles about money, here are some items I’ve enjoyed lately from elsewhere around the web:
On Twitter today, Trent pointed to a fantastic article at Collective Inkwell. David Wright argues that fear is the ultimate foe of creativity and success. Absolutely. It’s when I do the things that scare me that I achieve things that I think are impossible. (Here’s my own guide to how to overcome fear.)
Meanwhile, The Big Picture recently shared an article with a lot of Big Words: bi-modality of markets: why mean variance doesn’t work. If you can penetrate the dense language (why write like this for the internet?), you’ll see that the point the author is trying to make is a simple one. As Carl Richards told GRS readers in February, average is not normal. The stock market may have an average annual return of about 10% historically, but that doesn’t mean it returns 10% every year. In fact, returns are rarely near the average. They’re all over the map.
I haven’t written much about the health care debate. In part this is because I loathe American politics. In part it’s because I’m not well-informed on the subject. The folks at Consumerism Commentary, however, aren’t afraid to step into the fray. They polled their readers about what’s important in healthcare reform. Meanwhile, my wife tells me that Terry Gross from Fresh Air featured a fascinating interview the other night. Kris highly recommends the segment with author T.R. Reid about looking overseas to heal America.
Finally, Nickel at Five Cent Nickel has beat me to the punch. I keep meaning to write about iPhone apps for managing your money, but just haven’t found the time. He lists eight of his favorites. The only one I use regularly is Fuelly.
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FEAR! Every November I do National Novel Writing Month (50k words in 30 days!). I had always feared writing, that internal editor would shut me down. NaNoWriMo helped me overcome that and release my creativity.
Chris Baty, who conceived NaNo, has a side thing where he tries to get participants to tackle other big scary challenges–like base jumping or learning farsi. I have yet to do that. Am I a little too scared?
November 1 is coming…who is in?
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Hey, Corey. How about we do NaPFMo — nationa personal-finance book writing month? I suspect I’ll be deep in the project by then.
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JD I love you. Rare are the folks who are as politics-averse as I am. I appreciate the degree to which you keep politics out of your blog, while also managing not to ignore the issues completely. You Rock!
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J.D.-
Thanks for staying on top of all this for us!
The Big Picture article on the absurdity of “mean variance” is SUPER important to understand. Mean variance is the foundation of SO much of what is done in investment and financial planning world that the implications of it being a faulty “map” are huge.
Thanks again!
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I read T.R. Reid’s statement about the VA. Socialized medicine is not a good thing, ask a veteran who has gone to the VA hospital. My husband always says “you get what you pay for”. It is over worked. There are too many patient’s and not enough health care workers. How would you like to go in with kidney stones, and have them tell you that you are having muscle spasms? So you end up having to spend your own money to go to another ER so they can give you an x-ray and tell you that you do indeed have kidney stones. Veteran’s don’t go to the VA because the health care is so good. They go because they can’t afford it otherwise. If you haven’t actually had to use a socialized medical plan you may never understand that it doesn’t provide the best source of health care. Why do you think the government regulates monopolies, because it stifles competition and causes poor quality and high prices.
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What an interesting link to the radio segment.
I think “socialised” medicine is the way to go for America.
There are drawbacks in every system, but I totally agree with T R Reid’s statement that American Health Care is seen as the joke of the world.
If you are rich, you live, if you are poor, you die. How is that compatible with the writing on the Statue of Liberty?
One of my parents friends, who lives in America, got cancer and ended up with a ridiculous bill for something like $100,000-.
My mother got cancer, twice, and the bill was nothing.
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I’m surprised you’re not using Evernote. I also highly recommend SnapTell for your inner bibliophile, and JotNot because it’s super cool.
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Hey JD – What’s so fearful of the future? Things seem pretty bright to me with your book, and your staff writers and all! And also, let us not forget our collective optimism to propel the market higher!
I think your book will do great!
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Thanks for the mention. This is one of my favorite blogs, though I’ve been a silent reader, so it was a shock when I saw you mention something I wrote.
Thank you for all the great advice you provide here.
By the way, there are two other blogs who scraped your content for this post (which showed up in my pingbacks). Email me if you’d like me to send you links to the scraped posts, I don’t want to give them credit here.
Thanks again for the link. Glad you like the post.
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hmmmm all the best for you book project… any tentative date of launch?? Will it be a proper paper format book or ebook…. lot of questions… but have been off internet for few weeks , so have lost touch with my fav blogs..
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Thanks for the link on fear. Everything that I’m proudest of was only accomplished after overcoming fear. Luckily I’m a stubborn girl, and I force myself to do the things I’m afraid to do.
In the end I always wonder why I was ever fearful in the first place.
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JD,
Your creativity and new found burst of energy is evident in your recent posts and the response from readers. Somehow you rediscovered why you love what you do and are experiencing the *flow* that others were talking about a few weeks ago. Good luck on the book, we appreciate your work here.
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One term I hear a lot bandied around in the science fiction world but not in the “real world” yet is “future shocked” — which is a state of anxiety or fear about the future and an unwillingness to change to meet it.
An excellent example is a friend of mine who went to school to be a graphic designer. She loves print graphic design, but has problems finding work. She can get plenty of web design work, but she absolutely hates it and refuses to learn or polish her skills in that form of design. Her future shock — or more precisely, the feeling that her education should entitle her to a fulfilling career in print graphic design — has blinded her to the changes in the world around her.
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