|
Hey Reader ♥, Two weeks ago I started taking magnesium before bed. I know, I know. People have been telling me to do this for years. But I sleep well. I fall asleep easily, I stay asleep, I wake up feeling okay. So I never really saw the point. Then I looked at my sleep score. Consistently low eighties. Not bad. Fine, actually. I decided to try it anyway. Two weeks in, something shifted. I started feeling genuinely tired when it was time to sleep, not just ready to wind down. I stopped needing the TV on as a bridge to unconsciousness. I just... went to sleep. My scores jumped. Low nineties. Mid nineties. I feel a different kind of rested now. Not dramatically different on the outside. But noticeably different on the inside. I was already sleeping. I just didn't know how much better sleep could feel. This is the same thing that happened with my portfolio. A few years ago I was already investing. I had a financial advisor, someone I trusted, through one of the big banks. She was charging me 1.75% to manage my money. I thought that was just how investing worked. I was doing the thing. I was putting money in. The portfolio was growing. What I didn't know was that 1.75% fee was acting as an anchor. Every year. Whether the market went up, went sideways, or went down. Silently compounding against me. On a $200,000 portfolio over 30 years at a 7% average return, the difference between a 1.75% fee and a 0.15% fee isn't a few thousand dollars. It's over $500,000. I moved to a robo-advisor first. That brought my fee down to 0.75%. Then eventually I moved to self-directed investing using low-cost ETFs, and now I'm paying under 0.15%. Each move wasn't dramatic. I wasn't doing anything fancy. I was just sleeping better. I built a free calculator so you can run your own numbers. Put in what you have today, what you contribute, how long you plan to invest, and what you're currently paying in fees. The result might surprise you the way my sleep score surprised me. Run the Investment Fee Calculator → The full story, including the specific numbers from my own portfolio and what the move to self-directed actually looked like, is in a recent video. It's embedded on the calculator page so you can watch it right there. The lesson from both: you don't have to be doing things wrong to do them better. Sometimes the move isn't fixing a crisis. It's asking what 93 looks like when you've been living at 82. With purpose, P.S. Run the calculator and see what your number looks like: liannehannaway.com/investment-calculator. Then hit reply and tell me what you find. I'd love to know. ━━━━━━━━━━━━━━━━━━━━━━━━ |
Sign up for my newsletter. You'll get my best advice on building wealth while supporting your family in these uncertain times - delivered straight to your inbox.
This is not investment advice for your specific situation. Please consult a qualified professional before making investment decisions. Hey Reader ♥, I've been thinking about Elon Musk. Not by choice, really. But because it's hard to avoid him right now. SpaceX, the politics, the AI bubble, superconductors, the headlines. And somewhere in the middle of scrolling past another story, I had an uncomfortable realization. I probably own a piece of his companies. Not because I chose to. SpaceX...
Hey Reader ♥, A friend of mine has a cottage. Growing up, that was never part of my world. The lake, the quiet, the kind of stillness where the loudest thing around is the bugs. I still feel a little lucky every time she invites me. It's not something I take for granted. When I finally went, it gave me exactly what I'd pictured. Peace. Star-filled skies. Actual quiet. The kind of calm that's hard to manufacture anywhere else. But here's what I didn't expect. Getting that peace took real...
Hey Reader ♥, A few years ago, Mante Molepo and I found each other on LinkedIn the way the best connections happen — we kept showing up in each other's feeds, saying the same things, from different angles. Eventually we started talking. And we haven't stopped since. Mante is a governance advisor, lawyer, and ICD.D — someone who has spent more than 20 years working with boards and senior leaders on purpose, accountability, and belonging. She is also the founder of the BE Program — a space...