Here’s our just-days-away-from Springtime Roundup of interesting reads on investing, personal finance, and stewardship. Enjoy!
Health Savings Accounts can reduce tax bills. But beware the paperwork. (New York Times). We’ve written about the considerable upsides of HSAs. Here are some other factors to consider.
A fifth of Americans say they have zero savings (Business Insider). Among those who are saving, most are putting away less than 10% of their income.
Philadelphia bans ’cashless’ restaurants and stores (Philadelphia Business Journal). Some stores and restaurants stopped taking cash. The government of the City of Brotherly Love said "no way." Other city and state governments are pushing back too.
Dallas investment promoter ’Doc’ Gallagher arrested in alleged $19M fraud (Texas State Securities Board news release). Financial advisor and radio host Neil Gallagher is the author of Jesus Christ, Money Master, published in 2016.
And a late-breaking one: Court overturns atheist victory against pastors’ best benefit (Christianity Today). The Seventh Circuit U.S. Court of Appeals has ruled that the Clergy Housing Allowance is constitutional, turning back a challenge from Freedom From Religion Foundation.
From the bloggers and pundits:
Compounding boredom is simple, but not easy (Tony Isola, A Teachable Moment). In investing, boring is good.
The 20 craziest investing facts ever (Michael Batnick, The Irrelevant Investor). Commit these to memory and you’ll always have something amazing to say.
The bull market actually isn’t 10 years old (Barry Ritholtz, Bloomberg Opinion). As Mark mentioned in a post last week, not everyone measures the length of the current bull market the same way.
What should you do with a subpar 401(k)? (Christine Benz, Morningstar). If you don’t have access to a great retirement plan, you have to make the most of what’s available to you. (The SMI Personal Portfolio Tracker can help!)
Drug discounts, other help available (Squared Away Blog). We published an SMI newsletter story last year on finding better prices on prescription drugs. This article offers more ideas on that topic.
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