I’m not a big fan of article headlines that claim doing one thing can make you rich. More often than not, they’re bullshit. However, from time to time we require melodrama in the theater of personal finance. It’s like splashing cold water on our collective face. Sometimes, it’s the only way to get past some of the biggest psychological hurdles investors face.
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The idea that any of us know where we will be years down the road is an illusion — a comforting illusion. It is better to focus on one step at a time than getting overly-attached to a path you may not want to be on when the time arrives.
Melissa Carone, who was working for Dominion Voting Services, speaks in front of the Michigan House Oversight Committee in Lansing, Michigan.. Photo: Jeff Kowalsky/Getty Images
Every universally shared collective trauma — and what has been more universally shared than the pandemic? — needs some comic relief to take the edge off. If we cannot find something to laugh and shake our heads in disbelief at, we will go mad. This does not always showcase our better natures: We should all strive to rise above the instinct to mock and point. But it’s hard out there. Sometimes there is relief, even…