Some of the best investing and personal finance articles from around the web — a day early because of the Fourth of July holiday.
House passes Trump’s megabill in GOP triumph (Wall Street Journal). See also, What Trump's megabill means for you (Wall Street Journal) and, ‘Big, beautiful bill’ gives some seniors hefty tax break (Axios).
Social Security do-over: claim, suspend, and restart (Fidelity). If you regret your claiming decision, you may be able to change course.
Being human means being a bad investor (Behavioral Investment). “Certain ingrained behaviors that are incredibly effective in some contexts, can be detrimental in others” — like investing!
They’re in the top 10% of earners. They still don’t feel rich. (Wall Street Journal). It seems to be human nature that expenses rise to meet available income.
A perfect storm is poised to raise long-term care costs. Here’s how you can get ahead of it (Morningstar). Some options for funding long-term care, although you won’t like the first one.
What’s your biggest financial risk? (The White Coat Investor). How to protect yourself from eight risks.
Five costly Medicare myths (Kiplinger). Misunderstanding the rules can be costly.
Protecting elders from financial exploitation (Advisor Perspectives). Have you designated a “trusted contact” on your brokerage account? If you have elderly parents, have they done the same?
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.
