Here's our weekly roundup of interesting and informative articles on investing, the economy, and stewardship.
30% up years in the stock market (Ben Carlson, A Wealth of Common Sense). A 30% annual gain in the market isn't all that rare.
Ready for a big capital gains tax bill? (Morningstar). Many funds will make sizable distributions between late November and the end of the year.
2024 election: Evaluating the impact of a (likely) Republican trifecta on the TCJA sunset and tax planning (Ben Henry-Moreland, Kitces.com). It's safe to assume that most provisions of the 2017 tax law will be extended, but some may not remain in their current form.
The Harris voters betting on Trump (James Freeman, Wall Street Journal). "This oddest of all presidential campaigns seems to be ending with the bizarre phenomenon of Harris voters letting business colleagues know how optimistic they are about the coming four years."
A plan to tame inflation (Jeffrey Tucker, The Epoch Times). The three keys: "End debt creation by dramatic spending cuts, curb the actions of the central bank, and inspire economic growth." (If you encounter a registration pop-up, click "Continue without registration.")
Pay attention to the steak, not the sizzle (Tony Isola, A Teachable Moment). Good investing and money management are supposed to be boring. 🥱
Does Warren Buffett know something that we don't? (Wall Street Journal). "He has never taken this much off the table either — a whopping $325 billion in cash and equivalents, mostly in the form of Treasury bills."
IRS: Here's how to recover your tax records after a natural disaster (Kiplinger). The IRS may allow you to recover your federal return transcripts for free.
4 generosity lessons from Elijah and the widow (Art Rainer via FaithFi). When facing financial difficulty, being generous can seem impossible.
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