Here's our latest listing of informative articles from around the web. We hope you find them helpful.
A mega-cap world — chart of the day (Charlie Bilello, Bilello Blog). Year-to-date returns: The biggest players keep getting bigger.
The quarter that split the market, in six charts (Wall Street Journal). Worth noting: In the April-June period, more S&P 500 sectors were down than up.
Why international investing makes sense for long-term investors (John Rekenthaler, Morningstar). "International diversification has powerfully earned its keep during recent decades."
The real reason to worry about the huge US budget deficit (Bill Dudley, Bloomberg via Advisor Perspectives). "The more [Washington] borrows, the greater the chance it'll end up in a vicious cycle, in which government debt and interest rates drive one another inexorably upward."
Treasury, IRS announce 'major milestone' of $1 billion in past-due taxes collected from millionaires (CNBC). In case you're wondering, that's enough additional revenue to fund the government for roughly an hour and a half.
The taxes that come out of your paycheck (Kiplinger). Earnings and "take-home pay" are very different things.
Vanguard's die-hard customers have a message for new CEO: 'The service is abysmal' (Wall Street Journal). "They've always tried to keep costs low, and service has suffered as a result."
Can you control required minimum distributions? (Christine Benz, Morningstar). A few suggestions for making RMDs less of a pain.
Looking different (Jonathan Clements, Humble Dollar). After discovering that he has a terminal illness, the 61-year-old author is examining his finances differently.
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