Here’s our weekend-before-Thanksgiving Roundup of interesting reads re: investing and personal finance.
This rule of thumb about 401(k) investments is wrong (Investment News). Many company retirement plans offer only a handful of fund choices because a 2004 study concluded participants benefit from fewer options. New research suggests otherwise.
Schwab boosts new account openings 31% after fees go to zero (Bloomberg, via OnWallStreet). We can’t say for sure, but this item and the next one may related:
Charles Schwab buying TD Ameritrade for $26B (Fox Business). Note: Not yet a done deal.
Feds release data on wages, debt for specific college majors (Associated Press). Students now can compare salary and debt levels for specific college programs, not just for entire institutions.
How to find a CPO deal in December (Kelley Blue Book). December is a good time to buy a "certified pre-owned" vehicle because of "end-of-year sales and incentives."
And from the bloggers and pundits...
The fundamental law of lifestyle inflation (Brendan Mullooly, Your Brain on Stocks). Guess what? More money tends to create more desire.
The money you don’t invest (Michael Batnick, The Irrelevant Investor). Returns may be lower over the next decade, but that doesn’t mean you should stop investing.
The 5 types of market crash predictions (Ben Carlson, A Wealth of Common Sense). If the past decade has taught investors anything, it’s that we never know "when."
Investment signals would be great, if they worked (John Rekenthaler, Morningstar). Market theories of "A will lead to B" often don’t pan out.
$69 trillion of world debt in one infographic (Visual Capitalist). The U.S. government has the largest debt load (31% of the world total!), but Japan has the highest debt-to-GDP ratio.
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