Here's our latest Roundup — recent articles of interest on investing, personal finance, taxes, and more.
Humans are not built for investing (Barry Rithotz, The Big Picture). On his At the Money podcast (audio and transcript at the link), Ritholtz talks with psychologist Daniel Crosby about the benefits of "rules-based" investing.
15 ways to lose money in the markets (Ben Carlson, A Wealth of Common Sense). "Surefire ways to make poor investment decisions."
Revised figures show annual U.S. job growth was much lower than previously reported (Bloomberg via Los Angeles Times). "The figures are likely to fuel concerns that the Federal Reserve is behind the curve in lowering interest rates."
So what is the right bond interest rate level? It may not be much lower (Mark Rzepczynski, Disciplined Systematic Global Macro Views). Investors hoping for a significant rate decline are likely to be disappointed.
Medicare Advantage plans get high marks from customers (Kiplinger). Nowadays, most new Medicare beneficiaries choose Advantage over traditional Medicare.
This strategy for required withdrawals in retirement can help you avoid IRS penalties (CNBC). Withholding from a year-end required minimum distribution (RMD) is considered an on-time payment, even when used to cover estimated taxes due in previous quarters.
How much is the Child Tax Credit for 2024? (Kiplinger). This tax credit is more complicated than it used to be, but it remains a boon for parents with children under age 17. (More changes may be ahead: See National Review's editorial, How to expand the Child Tax Credit.)
Mapped: Every state's biggest source of tax revenue (Visual Capitalist). Some states have no income tax, some have no sales tax. One state has neither.
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