Some of the best investing and personal finance articles from around the web.
The things that used to matter to stock investors don’t anymore (Bloomberg). A rally that defies logic.
Three reasons stocks are rising (The Atlantic). The “one queasy and bizarre constant: ‘... and stocks rose’” — along with some reasons why.
Spend or hoard? Fate of forced savings could define pandemic recovery (Reuters). For many households, the lockdown has brought a huge reduction in spending. How that money is eventually used is the economy’s wildcard.
When IRA conversions don’t add up (Morningstar). Make sure you understand the ramifications.
401(k) plans move a step closer to pooling with private equity (NY Times). What could go wrong?
And from the blogosphere…
Massive up and down moves in stocks in the same year are more common than you think (A Wealth of Common Sense). “The stock market is even crazier than advertised.”
14 weeks and 12 numbers that have changed the investing history books forever (Monevator). No matter what happens from here, 2020 will be a year to remember.
Why we’re blind to probability (Collaborative Fund). The uncomfortable truth that just because something is likely to happen doesn’t mean it will.
Why is extrapolation so dangerous for investors? (Behavioural Investment). Beware the investment stories you tell yourself.
Lessons for the class of 2020 from the class of 2008 (Quartz). A couple of weeks ago, the roundup featured an article about the tough job market recent college grads are entering. This week, some encouraging advice from those who have been there and done that.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.
