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The Sunday Best (08/10/2025)

After stocks gained more than 2% in July, the first day of August landed with a thud, as the S&P 500 fell 1.60%, the first 1% drop since before Flag Day (June 13) and worst overall single day since a 1.61% drop on May 21. The truth is after a 28% rally and a historically calm market the past few months, some type of well-deserved volatility and a potential pause is perfectly normal.

Even if systematic equities aren’t your thing, you need to be mentally prepared for an epic financial disaster over the coming three months. Historically, the period from August to October is when most U.S. financial crises have occurred, such as the stock market crash of October 1929.

President Donald Trump signed an executive order instructing the Securities and Exchange Commission, Department of Labor, and the Treasury to work on a framework that would allow for the inclusion of private market investments in defined-contribution plans, which could be a good step for these plans’ investors.

The best trading is planned, not reactive. Every part of the trade, from the research of the idea to the timing/structure of the trade to the management of the risk, follows a plan. That plan creates a replicable process that ensures we do the right things the right way with the right consistency.

If you’ve ever run a business, fallen in love, or lived any kind of life, it’s likely that you’ve also experienced your fair share of regret. Here’s Safal Niveshak’s honest letter to an investor’s constant companion, Regret.

The S&P 500 is concentrated but so is the share of profits produced by these companies in the top 10. The share of earnings from these stocks has also grown along with the share price gains. If competition eats into their profit margins, these stocks will stop outperforming and shrink as a percentage of the market. Fundamentals still matter.

There are 70+ million baby boomers. Many of them are retired. Most of them will be in relatively short order as 10,000 or so people will retire every day between now and 2030. They are all trying to figure out the best way to spend down the financial assets they’ve managed to accumulate over the years.

Fandom is big business, and Wattpad is poised to cash in: Wattpad wants to be the go-to destination for fans of existing IP as well as young creators looking to stir up new audiences for their own original stories.

When you go to a party or networking event, what’s inevitably one of the first questions you ask of a new acquaintance? “What do you do for work?” Asking what someone does for work or for fun is just a tool for us to organize them. But it sets them up with an impossible task of answering the question in a meaningful way.

Money is a strange benchmark because it will never be enough for some people. That can cause psychological problems at the individual household level but is a net positive for society as a whole as people try to strike it rich and keep getting richer. People constantly striving to better their position in life and make more money help keep the economic machine functioning.

How many of us are stockpiling something valuable — whether airline miles, money, creative energy, or emotional openness — waiting for the “right moment” to use it? One day, you’ll either have spent your life or let it expire unused, like a gift card forgotten in a drawer. So perhaps ask yourself: what are you hoarding? What have you earned, created, or saved that’s sitting unused?

I believe wealth management that only accounts for your money is disconnected from reality and may even leave you with a bankrupt calendar or an exhausted soul, regardless of the health of your personal balance sheet or cash flow statement. Your true wealth portfolio, therefore, is your Time, Influence, Money, Energy, and Relationships.

It’s back-to-school season. If you’ve got a budding scholar at home — or just want to score some crisp, autumn deals — brands are offering solid bargains on laptops, tablets, backpacks, and other scholastic gear.

The “One Big Beautiful Bill Act” (OBBBA) is more than a branding effort. It’s a sprawling, 1000+ page, high-stakes set of reforms, many of which are laser-focused on taxes. The bill is a full-scale restoration of the 2017 Tax Cuts and Jobs Act (and then some) and delivers big for high-income earners. Let’s break down what you need to know.

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