Some of the best investing and personal finance articles from around the web.
TKer’s 2022 word of the year: ‘pain’ (TKer). Fed Chairman Jerome Powell says to expect bruising times ahead.
‘The Fed is going to overdo it’: Financial markets finally react to U.S. central bank’s 2023 rate outlook and weak data (MarketWatch). Investors are coming to a “gradual realization that the central bank might actually do what it says.”
Sea change (Howard Marks at Oaktree Capital). The author of “Mastering the Market Cycle” also sees difficult days ahead.
Americans are draining the money they saved during the pandemic (VOX). Another warning sign about the economy.
Riding out the storm (Humble Dollar). He retired in September 2021 when “all was blue skies in the financial markets." Then came 2022.
When it comes to risk, it’s dangerous to trust your instincts (Morningstar). There’s an important difference between risk tolerance and risk perception.
How 12 types of retirement income get taxed (Kiplinger). A handy guide for those with multiple streams of retirement income.
Everything’s taxed (A Teachable Moment). Come for the Nick Saban quote, stay for the healthy perspective on 2022.
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