If you’ve got money, spend it

Bloomberg Opinion Today
Bloomberg

Why (and How) I Plan to Die With an Empty Bank Account — Farnoosh Torabi

If 2020 has taught us anything, it's that life is uncertain. Through this lens, I've started to abandon some conservative personal finance principles. This summer, for example, I went against the adage of "staying the course" with retirement and stuck my hand in my IRA to shed some stocks. I also bought a house in what can be considered a risky environment. To date, I have no regrets.

In my latest move away from what many financial experts preach, I've forgone the aspiration of leaving a financial legacy. The concept of bequeathing an inheritance just seems to make less sense today. Instead, I want to experience my legacy by spending most, if not all, of my money on meaningful experiences and investing in the people and causes I believe in — all before I leave Earth.

Read the whole thing.

The Infected President's Ill-Advised Trip to Bedminster — Timothy L. O'Brien

The Expat Model Is Broken — Daniel Moss

A Craving for Normalcy Spells the End of a Populist Presidency — Niall Ferguson

Trump's Chances Are Dwindling — Jonathan Bernstein

City of London's Brexit Departures Are Speeding Up — Elisa Martinuzzi

Who Infected the President? — Michael Lewis

The Race to Replace the City of London Begins — Lionel Laurent

Amy Coney Barrett and the Republican Abortion Scam — Francis Wilkinson

Tata Taking on Ambani Could Be India's Alibaba-Tencent — Andy Mukherjee

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion published this week based on web readership.

 

Like Bloomberg Opinion Today? Subscribe to Bloomberg All Access and get much, much more. You'll receive our unmatched global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close.

Before it's here, it's on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can't find anywhere else. Learn more.

 

Comments

Popular posts from this blog

अभिषेक बच्चन ने कहा- पापा ने मेरे लिए कभी कोई फिल्म नहीं बनाई, उन्होंने कभी मेरी मदद नहीं की

The speech that sunk the world's biggest IPO

10 Must-Watch Movies