Wise & Wealthy: End of year thoughts and timeless investing lessons

Welcome to Wise & Wealthy: A weekly newsletter full of proven ideas to become smarter and wealthier. I send this every Monday.

#103 – December 25, 2023

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Wise: End-of-year thoughts

Here we are. It’s December and another year is almost coming to an end. Let me share a few general end-of-year thoughts with you.

Since 2015, when I started living a calmer and more mindful life, I’ve been taking time each year to reflect on the past year and look ahead to what’s next.

I tend to journal more than usual. Look back on the year and think about what I learned.

The funny thing is this: Every year, I look back and think, “A lot happened.”

That’s a good thing. I don’t want to look back and think the opposite, which means I didn’t do anything.

Read more end-of-year thoughts in my article.

↳ Some Practical End-of-Year Thoughts (2023)

Wealthy: Investing principles

As I’m writing this, we’re still waiting for a recession that many pundits have been predicting for two years now. 

Human behavior is driven by emotions. Which is why the economy and markets are not predictable. 

I recently read Morgan Housel’s new book, Same As Ever, which is about all the things in the world that don’t change. After all, those are the only things we can really count on.

As Morgan writes, this is the reason we can’t predict the future:

“We are very good at predicting the future, except for the surprises—which tend to be all that matter.”

So for long-term investors, it’s best to look out for investing elements that never really change. 

In my latest article, I share 4 things about investing that never change.

↳ 4 Timeless Investing Principles That Never Change

One interesting thing

A quote from my favorite Christmas movie, Elf, with Will Ferrell:

“I just like to smile. Smiling’s my favorite.”

Merry Christmas!

Thanks for reading! I hope you found this edition of Wise & Wealthy useful.

All the best,


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