We're posting the Roundup a day early this week. Look for the August issue of the SMI newsletter tomorrow. (We'll have exciting news for Fund Upgraders!)
Let compounding do its work (Joe Wiggins, Behavioural Investment). "Most investors neglect the power of time and the monumental advantage it bestows upon those with a sufficiently long horizon."
Volatility is the toll we pay to invest (Ryan Detrick via X). Occasional pullbacks are normal.
Magnificent 7 mania: Why diversification still matters (Julia Wendling, Visual Capitalist). The dangers of investing in a handful of stocks.
Spot Ethereum ETFs generate over $1 billion in trading volume on first day (The Block). Exchange-traded funds from eight issuers — including iShares and Fidelity — began trading Tuesday.
Habits determine your future (Anthony Isola, A Teachable Moment). "Consistently doing the right things is an unstoppable compounding machine."
IRS ends inherited IRA confusion: Annual RMDs required for many (Kiplinger). A deeper dive: Untangling the IRS's new finalized (and proposed) regulations on RMDs: The 10-year rule, trust beneficiaries, spousal beneficiaries, annuities, and more! (Kitces.com).
Gambling is America's new pastime (Bob Greene, Wall Street Journal). "Corporations and governments decided gambling wasn't quite so bad, as long as they were the ones profiting from it."
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