Happy Thanksgiving weekend! Here's our weekly roundup of recent articles we've been reading at SMI.
10 reasons for investors to be thankful in 2024 (Dan Lefkovitz, Morningstar). Investors have much to be grateful for this year.
The S&P 500 is forecast to return 10% in 2025 (Goldman Sachs Insights). Remember that "expert" forecasts rarely turn out to be correct.
Low probability of loss: Why it doesn't equal low risk in investing (Sandeep Srinivas, CFA Institute). "True risk is the likelihood of permanent capital loss when the odds turn against you."
Trump should challenge the Fed's policies (Judy Shelton, Wall Street Journal). "Expect warnings about the dangers of compromising the independence of the Federal Reserve.... We should be more concerned about the concentrated power held by...the Fed’s Open Market Committee."
10 facts about the US housing market (Apollo Academy). Somewhat surprising: Homeowners with 15-year loans are few and far between.
For retirees in their 60s, the move that adds years to a nest egg (Wall Street Journal). Trump's pledge to extend the 2017 tax cuts will make Roth conversions attractive for longer.
Retirees, a rich life does not require spending more money (Harry Sit, The Finance Buff). Spending is not a good proxy for enjoyment and life satisfaction.
What does the Bible say about materialism? (Candice Lucey, Crosswalk). Material wealth can become a prison. Or it can be an avenue for joyously serving the Lord.
5 prayers for those who desire to live generously (Art Rainer via FaithFi). Want to live generously? "Commit yourself to prayer."
"Our corn did prove well, and God be praised" (Michael Giere, The Stream). "When we start giving thanks for what we do have, somehow, what we have becomes enough."
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