Here’s this week’s Roundup of recent pieces on investing, personal finance, and stewardship. We hope you find ’em interesting and helpful.
The biggest stock market reversal in history (Ben Carlson, A Wealth of Common Sense). This year may go down in market history as having the worst intra-year drawdown that was ultimately followed by a year-end positive return.
Everything is working (Michael Batnick, The Irrelevant Investor). No longer is the market being pulled ahead by just five big stocks.
It’s easier to get a tax deduction for donations this year (The New York Times). Taxpayers can deduct up to $300 for 2020, even if they take the standard deduction. Actually, it might be $600 for married couples. No one knows! (Seriously.)
Getting to the Medicare finish line (Kiplinger). What do you do if you lose your employer-provided health insurance but you’re still a few years away from being eligible for Medicare? (Health care sharing ministries aren’t mentioned in this article, but they are an option as well.)
5 unusual year-end tax strategies for investors (Bankrate via Fidelity). A few lesser-used approaches to keeping your tax obligations as low as possible.
Deposit interest rates are taking a pandemic nosedive (Dow Jones Newswires via Fidelity). One reason bank rates are so low is that many banks don’t want your money.
How to save for a big purchase (Nick Maggiulli, Of Dollars And Data). Safety is the top priority, not earning a decent return.
Mortgage rates break record again, down to 2.72% (Housing Wire). 30-year mortgage rates have been below 3% for 17 consecutive weeks. Fifteen-year rates are getting close to 2%.
How generosity reveals your heart (Leo Sabo, Christian Stewardship Network). As Christians respond to opportunities to give, we grow in our faith.
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