I hope everyone enjoyed their Independence Day holiday in the United States!  Again, this is @TomMullooly, filling in for the vacationing Tim Mullooly

Got $3.5 million? Schwab thinks you’ll be comfortable in NYC (NYPost):
https://nypost.com/2018/07/04/the-net-worth-for-comfortable-new-yorkers-is-obscene/

Tim talks with Alex Palumbo of Ritholtz Wealth Management on our “Living With Money” podcast:
http://www.livingwithmoney.com/alex-palumbo/

No Soup for you! Maybe Campbell Soup ought to give up the gig (WSJ/subscription):
https://www.wsj.com/articles/why-campbell-should-consider-selling-itself-1530783001

Complacency was so 2017. Here’s what’s in now…angst! (Bloomberg):
https://www.bloomberg.com/news/articles/2018-07-04/rife-with-anxiety-markets-churning-at-fastest-rate-since-2008

Hamtil Measures valuations between US and other markets (Fortune Financial):
http://www.fortunefinancialadvisors.com/blog/relative-valuation-update-us-vs-em-europe-and-foreign-developed

(video) Whether you’re investing or de-cumulating, Christine Benz and Jeremy Glaser suggest you ought to have a Retirement Policy Statement (Morningstar)
https://www.morningstar.com/videos/868757/why-you-need-a-retirement-policy-statement.html

Corey Hoffstein discusses the reasons for building a new glidepath (Newfound Research):
https://blog.thinknewfound.com/2018/07/the-new-glide-path/

(video) Tim hits on the reason to own bonds, as he discusses the junk bond market in this short video (Mullooly Asset)w/a hat-tip to @ReformedBroker and @MichaelBatnick:
https://mullooly.net/junk-bonds/13018

Cargo Ships races to China to beat the clock on tariffs (Bloomberg):
https://www.bloomberg.com/news/articles/2018-07-05/down-to-the-wire-u-s-soybean-cargo-races-to-beat-china-tariff

A quick reminder from @FredWilson to keep your blinders on. It’s short, to the point, has a Boogie Cousins mention, but moreover – ignore the news cycle and focus on what YOU can control.
https://avc.com/2018/07/keeping-your-blinders-on/

What? You’re NOT following these folks on twitter yet? Find them here:
@PaulmboRWM
@christine_benz
@lhamtil
@daniburgr
@Ritholtz
@choffstein
@fredwilson
@TomMullooly

 

Now Go Talk About It!