Here's the Money Roundup for a mid-winter day. We hope you find these articles interesting and helpful!
Dealing with uncertainty (Joe Wiggins, Behavioural Investment). "Successful investing is about making choices that acknowledge uncertainty, not acting as if uncertainty can be avoided."
The state of the markets (February 2025) (Charlie Bilello, Bilello Blog). Lots of interesting charts and graphs here.
Fidelity Investments reports record annual profit, revenue (Wall Street Journal – if you encounter a WSJ pop-up ad, click the X in the top right of the ad to access the article). "Robust market conditions produced a banner year for many financial firms," including Fidelity and Schwab.
Bridging the Medicare cost gap: Knowing your options (New York Times via archive.today). It's crucial to do your homework before making a decision.
How do retirees cope with uninsured healthcare costs? (Center for Retirement Research at Boston College). Few survey respondents expected to tap their home equity to cover the cost of long-term care. But, typically, that is what happens.
The benefits of sharing a joint bank account with your parents (Kiplinger). I did this with my mother, and it simplified managing her finances.
DOGE is searching for wasteful spending. It isn't hard to find. (Wall Street Journal – if you encounter a WSJ pop-up ad, click the X in the top right of the ad to access the article). Related: Data isn't transparency: Why USASpending.gov buried the truth (and DOGE dug it up) (DataRepublican's Substack).
Voters were right about the economy. The data was wrong. (Eugene Ludwig, Politico Magazine). Government measurements often fail to "capture the realities" of key aspects of the economy.
Chase will start blocking Zelle payments over social media (The Verge). A Chase spokeswoman says, "Zelle is designed for sending money to others you know and trust, not for buying things on social media."
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