Some of the best investing and personal finance articles from around the web.
Why markets don’t seem to care if the economy stinks (Bloomberg). “Markets, it turns out, are not especially vulnerable to highly visible but relatively tiny industries.”
Jeremy Siegel on why rising stocks won’t peter out (Forbes). The long-time stock fan (but don’t call him a “perma-bull”!) explains his optimism.
The next wave to hit main street (Axios). The retail landscape is being remade by the pandemic, possibly in some very good ways.
Sequence of returns: what it means and how to deal (Morningstar). Some of the important steps for managing your portfolio in the early years of retirement.
How much more will you get if you delay Social Security until age 70? (MarketWatch). You already know that your monthly benefit amount will grow substantially if you wait, but does that require working until age 70?
From the blogosphere…
Concentrated performance in the stock market (A Wealth of Common Sense). Despite appearances, it isn’t just the big tech stocks that are doing well this year.
About that 4% (Humble Dollar). More on the ongoing debate about how much retirees can take from their investment accounts each year. (The August issue of the Sound Mind Investing newsletter has more on this in, How Much Should You Withdraw Each Year During Retirement?)
The most important number in personal finance (Of Dollars and Data). How well have you done at turning income into wealth? (This is similar to an idea discussed in The Millionaire Next Door, which defined a “prodigious accumulator of wealth" vs. an "under accumulator of wealth.")
19 ways to help your church thrive during COVID-19 (National Christian Foundation). You might not be gathering in person yet, but there’s still a lot you can do to help your church, and to help your church help others.
How to get rid of stuff. The survey says… (Next Avenue). There are more reasons to declutter as we get older, and more challenges.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.