We're posting the Roundup a day early this week since tomorrow is Good Friday.
The good & bad of investing in the stock market (Ben Carlson, A Wealth of Common Sense). You don't get the reward without the risk.
So much to like (Jonathan Clements, Humble Dollar). "Not only are stocks better value than they were 15 months ago, but also the long-term benefits remain as impressive as ever. "
How you can grab a 0% tax rate (Wall Street Journal). "For joint filers ages 70 and 72 who take the standard deduction, the 0% rate [on capital gains and dividends] typically applies to at least $119,950 of eligible income."
Give more, pay less (Tony Isola, A Teachable Moment). Many people donate cash to charity and sell stock (often incurring capital gains taxes) to fund expenditures. Try flipping the script.
IRS overhaul aims for tenfold increase in audits of the wealthy (Washington Post). "The IRS will hire hundreds of employees...with skills to undertake those audits and to transform the agency's technology to better spot noncompliance."
Ranked: The U.S. banks with the most uninsured deposits (Visual Capitalist). "Uninsured deposits" are those that exceed the $250,000 limit covered by the Federal Deposit Insurance Corporation (FDIC).
Why brokerage accounts are so generous right now (Wall Street Journal). By spreading cash-sweep money among multiple banks, some brokerage firms are providing greater FDIC coverage than is typically available.
China, Brazil strike deal to ditch dollar for trade (AFP via The Straits Times). The two countries will no longer use the U.S. dollar as an intermediary. (China has struck similar currency deals with other countries.)
Bing Newcomb, whose code transformed stock trading, dies at 79 (New York Times via Seattle Times). Newcomb was one of the founders of E-Trade — and he was legally blind.
Your comments are welcome below!
