Jim Woods

I Recommend Killing Your Dreams in 2014

You won’t get wise with the sleep still in your eyes
No matter what your dream might be…
–RUSH, “Something for Nothing”

The calendar is nearly up on 2013, and though we do have a few weeks left this year, it’s never too late to get started thinking about the year to come. My friend and long-term colleague Doug Fabian did just that in a recent edition of his weekly Making Money Alert, when he wrote about what he called “A Skeptical Resolution.”

In the article, Doug cautioned us to not expect the same kind of high-performance year in the equity markets in 2014 as we had this year. More importantly, he recommended that “one key New Year’s resolution you can make right now is to simply be skeptical” when it comes to your money in 2014.

I think this is extraordinarily prudent advice, and it got me to thinking about what advice I could dispense that would help people improve their lives in 2014.

After a little soul searching, and admittedly a few shots of my favorite Kentucky bourbon, I came up with the following unsolicited tidbits of wisdom garnered from a little more than four decades on this Big Blue Marble. So, for what it’s worth, here they are.

Read Jim’s tips for a better 2014 at Eagle Daily Investor.

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