One of the newest sites I’ve been reading has been The Daily Crux, a site that highlights, among other things, the most intriguing investing news of the day. It’s run by Stansberry & Associates Investment Research, a company that does exactly what it sounds like it does – investment research (and they’re based out of nearby Baltimore).

Investing isn’t my forte, I’m an adherent to simple investing through index funds with a little dabbling in individual stocks just to get my heart rate up during the day. However, I find that even if you aren’t big into the markets, it’s still especially important to keep abreast of the financial news of the day.

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What if I told you that delayed gratification was the most important factors of success?

I bet you’d probably believe that it was plausible, but probably not likely. There’s probably something else in the mix right?

Well, while that may be true, Joachim de Posada, in this six minute TED talk, explains how delayed gratification was a good predictor of future success.

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Do you play a sport? My favorite sport to play is basketball. There’s something about hearing the ball swish through the net that brings a smile to my face. There’s something about threading that perfect pass that makes me just a little bit giddy. Oh and setting a good solid pick to get my guy free? Love that too. While I love all the other aspects of the game, I love winning the game above all else. I don’t care how many points I score or how many assists I get, the point of the game is to win and if you don’t win, none of that other stuff matters.

It’s not like that in life. In life, you don’t always have to be the best. In this Devil’s Advocate post, I talk about how in personal finance, you don’t have to always get the best offer, sometimes good enough is good enough.

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