Weekend Reading for 5/5/2017
A Lucrative Lost & Found
This week I thought I’d pass along an annual reminder to check out the world’s biggest lost & found.
Occasionally, your state might be holding money for you. The most recent number I could find comes from 2013. At that time, states, federal agencies, and other organizations collectively held more than $58 billion in unclaimed cash and benefits. The unclaimed property comes from a variety of sources, including abandoned bank accounts and stock holdings, unclaimed life insurance payouts and forgotten pension benefits.
Last year, I searched for myself and found that Massachusetts was holding $122 for me. Not bad!
So give it a shot. If you can’t find anything for yourself, search for your friends and maybe you’ll be able to pass along some good news. Let me know how you make out. Good luck!
Chart of the Week
3 Good Reads
What’s Enough to Make You Happy? (Carl Richards)
“Take a few minutes to begin the conversation about how much might be enough for you and your spouse if you have one. Whatever that number is, if you don’t have it, then yes, you should definitely try to reach that point. But if you do have enough, and you’re still not happy, what makes you think you would be happy with enough times two? “
The Self-Healing Letter of Complaint (Seth Godin)
“Here’s the thing: Every angry word you write is only going to confirm the story you’re already telling yourself, the story that’s still making you miserable. The more spite you put into the note, the worse you’re going to feel. You’ll relive the event again and again. And, it’s pretty certain, if a human reads the note, they’ll now feel lousy too. They might go home and kick their dog, it’s that visceral. To what end? Is it going to increase the chances that change happens? Here’s a different tack, a selfish one that pays off for everyone involved…“
Stress & Comfort: Careful What You Wish For (Morgan Housel)
“The best way to handle volatility in investing is absorbing manageable damage. You accept small hits from the market’s daily ups and downs in order to avoid the large hits that come from buying and selling at inopportune times. Same goes for economies, businesses, and careers. The best way to avoid too much stress is to constantly surround yourself with a little of it, keeping yourself just scared enough to fight off the complacency that leads to serious problems.”
Enjoy your weekend!