Well Balanced. Volume 18. A round-up helping you get today right.

📈 Stock Quote

Things do not change; we change.

- Henry David Thoreau, American naturalist and philosopher

🤔 The Only Constant

Changes in Price: 1990s vs Today

Our five senses offer a base layer of evaluation. Another layer of knowing is money. Today's pickup truck will have vastly more comforts than one off-the-lot 30 years ago. How about a Big Mac? Two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun. Additive or reductive?

As we think about the passing of time, the nominal price of things act as a reference.
Consider the changes in these values over 30 years.

• Average home sale price: $144,000 to $545,000

• Ford F-150 Standard Cab: $13,400 to $31,500

• Airline tickets for a domestic round-trip: $288 to $335

• Big Mac Cheeseburger, USA: $2.20 to $4.43

👀 March Madness

Sweet, Elite, and Final Four

Predicting the winner of the NCAA basketball tournament is a challenging bet. We know that the short-term is uncertain—composition and competition changes. Brackets can bust.

Taking a longer view, we can be reasonably sure that the NCAA will host another tournament next year. Fans will continue to cheer on their teams and participate in bracket pools. That's a bet most of us would take: 2024 March Madness! After all, the games were canceled only once since 1939.

▶️  Buying a Second Home

Discussion with Tom Fee

A second home for some is an important part of getting today right. In this video, Jason and Tom discuss several points to consider, including:

• How much time do you have to spend in a second location?

• How will the property accentuate your time together if family and friends are involved?

• How long would you own a second home? Five years, 25 years, or multi-generational.

⭐  Stamp Act of 1765

March 22, 1765 - This Month in History

Taxation without representation. The Stamp Act was an act of the British Parliament in 1765 that exacted revenue from the American colonies by imposing a stamp duty on newspapers and legal and commercial documents. Colonial opposition led to the act's repeal in 1766 and helped encourage a revolutionary movement.

🍿  ICYMI

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