In the Plutus Awards Showcase, the Plutus Awards team and Apex Money highlight the best financial articles, podcast episodes, and videos from around the web each Friday. To submit an items you’ve written, created, or discovered, submit a request for consideration.
Hey Plutus Family! We have been enjoying sharing your post in our Impact Series each month. For the Month of November, we are focusing on Entrepreneurship Movement. Please consider participating this month by writing an article, recording a podcast episode, or producing a video that you publish between November 16 and 21. We will begin sharing your content on November 22. Sign up to participate here.
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Here’s what we wanted to share with you this week
House Hacking: Why It Should Be Your Next Investment Strategy. [It’s My Money Journal] – “Despite the need for accommodation and housing rising on a daily, millions of Americans struggle to own a property or even afford suitable housing. This is due to the sky rocketing prices in real estate. How does an individual who feels like buying a house is out of reach in an expensive market work towards purchasing a property?” (Submitted by Tarsha.)
The Fingerprints of History. [The Irrelevant Investor] — “At the time, Scott was running an asset management company, but the thing that hit me had nothing to do with his day job. He told Josh and I that he was in the process of reading every issue that Time Magazine had ever published, starting in 1923. I couldn’t believe it… Not only did Scott take years of his life to go through all of this, but he documented it for us to enjoy.” (Submitted by J. Money.)
The 4% Rule for Retirement Could Fail for the Frist Time. [Money-Side-Up] — “High inflation could spell the end of the “4% rule” for retirees. The 4% rule for retirement has supported early retirees for the best part of a decade, that was during one of the longest bull market runs in history. The question is, can it survive this bear market, one characterised by stagflation. The 4% rule has been the rule of thumb for retirees far and wide. This includes those in the F.I.R.E community such as Kristy Shen (Canada’s youngest ever retiree) to traditional retirees.”(Submitted by Tarsha.)
Secrets of a Professional Negotiator. [The Retirement Manifesto] — “For the final nine years of my career, I was paid to negotiate. It feels strange saying this, but the fact is that I was a professional negotiator. I negotiated for a living. It’s time to share my secrets: The secrets of a professional negotiator.” (Submitted by J. D. Roth.)
For A Dollar and A Dream: State Lotteries in Modern America. [Next Big Idea Club] – “Lotteries are popular in large part because the traditional economy does not provide enough opportunity to get ahead. In the late twentieth century, as lotteries spread across the country and became a weekly purchase for millions of households, rates of upward mobility stagnated. High-paying manufacturing jobs disappeared and high-growth industries became increasingly concentrated in certain parts of the country. Many Americans found themselves shut out of the American Dream and the opportunity for financial stability.” (Submitted by Jim Wang.)