This week, Thomas leads our discussion of chapters 15-16 from The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel.

• Chapter 15: “Nothing’s Free” (0:51 - 29:55) - Have you ever tried to get “cute” with your finances and attempted to outsmart everyone else or make some quick cash, but in retrospect it wasn’t a good idea?
• Chapter 16: “You and Me” (29:56 - 50:55) - Do you take investors’ advice at face value, or have you first considered what your own financial and investment goals are when listening to others’ opinions?

Resources referenced or discussed in today’s episode:

1. Article related to early 401K withdrawals - here
2. Link to The Daily podcast episode about the 401K - here
3. Article related to history of  “In God We Trust” being added to U.S. currency - here
4. Article related to Thomas Jefferson’s “Bible” - here
5. Article related to the “Great Wealth Transfer” - here

Next week we’ll discuss chapters 17 - 18 (pages 175 - 202).

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See you next week! Until then - read, reflect, and connect.