We behave better when we know others are watching—so be sure to tell friends if you’re aiming to exercise more, lose weight or save more.
From HumbleDollar Founder Jonathan Clements
Adam M. Grossman is the founder of Mayport, a fixed-fee wealth management firm. Sign up for Adam's Daily Ideas email, follow him on X @AdamMGrossman and check out his earlier articles.
Annie Garland, CFP®, is a wealth advisor at WealthClarity in Lakewood, Colorado. She spent more than 20 years as a personal trainer before becoming a CFP® professional. She’s a proud mom of two daughters, a wife, and an avid mountain biker.NO. 29: WHAT MATTERS to long-term stock investors is the market’s dividend yield and growth in earnings per share. Everything else is noise that can bully and seduce us into foolishness.
CONSIDER A HEALTH plan that qualifies as a high-deductible plan. Not only should the premiums be low, but also you’ll get the chance to fund a health savings account—arguably the most tax-advantaged savings plan on offer. A high-deductible plan could mean large out-of-pocket medical expenses, so that should figure into the size of your emergency fund.
COGNITIVE DISSONANCE. Suppose you sold stocks in March 2020, only to see the market soar. The result is mental discomfort, because your realization that “I made a huge mistake” conflicts with your belief that “I’m a smart investor.” To ease this cognitive dissonance, you might cook up a justification for selling—or even revise your memory of what you did.
NO. 137: AIMING TO WIN means we’re more likely to lose. Yes, there’s some chance we’ll pick market-beating stocks and funds. But in all likelihood, our performance will be dragged down by the investment costs we incur. That failure often looks even worse once we factor in taxes, because active management tends to generate big annual tax bills.
NO. 29: WHAT MATTERS to long-term stock investors is the market’s dividend yield and growth in earnings per share. Everything else is noise that can bully and seduce us into foolishness.
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From HumbleDollar Founder Jonathan Clements
Investing
My Investment Sin
Taxes
Education Freedom Tax Credit
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Spending
Great Quote From Jonathan
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College
A Million Words to a Million Dollars?
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Insurance
Life Insurance
ArticleAdam M. Grossman | Oct 17, 2026
Health
Your Financial RPE
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Behavior
Jonathan and me
R Quinn | Oct 14, 2026
Update: Jonathan’s Getting Going on Saving Initative
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