Profitable Ideas: Taking Market Turbulence in Stride, The Power of Social Indifference, and More

A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently.

This is how to stay in the market when stocks spin out (MarketWatch). Successful investing has much to do with how you respond to falling markets.

How to take market turbulence in stride (Sound Mind Investing). How to keep a steady hand on the wheel in the midst of a market storm.

The power of social indifference (The Simple Dollar). Great insights about the keeping-up-with-the-Joneses phenomenon in the age of social media.

The one money conversation you shouldn’t hide from (Time). The time to talk is when your parents are still in good health.

How a basket on wheels revolutionized grocery shopping (Priceonomics). I find this stuff fascinating — “larger carts lead to as much as 40% more purchasing.” Caution: there’s a bit of bad language in this article.

Using public Wi-Fi is like posting on a Times Square billboard (USA TODAY). Identity theft is already widespread. Don’t make it easier on the thieves.

Minimalism: the myths and the life-changing benefits (Seed Time). Minimalism may sound kind of scary, but this interview frames it in a more intriguing, positive way.

I love my kids—that’s why I tell them ‘no’ (Christianity Today). Reminds me of a great quote from Edward Hallowell, author of The Childhood Roots of Adult Happiness: “Providing too much is the single biggest mistake parents make,” helping turn out “people who go through their adult lives chronically dissatisfied.”

To ask questions or give feedback about any of the above articles, meet me in the comments section.

Are you in a small group at your church? If so, why not tee up the idea of going through the brand new Money. Purpose. Joy. material for your next study?

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