Here’s our weekly collection of worthwhile reads from around the web. Happy springtime!
5 steps to investing your Health Savings Account (Christine Benz, Morningstar). A quick primer on using an HSA as a long-term investment vehicle.
4 simple steps for naming beneficiaries and why it matters (The Ticker Tape). Did you know that beneficiary forms supersede heirs named in wills or trusts?
A tumultuous first quarter for International-stock funds (Morningstar). Upgraders will note that one of the worst performers is a former Upgrading recommendation, while one of the best is a current recommendation. More evidence as to why we stress the importance of selling laggards in a timely fashion.
Victims of Bernard Madoff’s Ponzi scheme to receive millions more (New York Times). The wheels of justice turn slowly. The Madoff fraud — one of the largest in the history of Wall Street — came to light a decade ago.
Why extended warranties are hardly ever a good deal (Washington Post). Many come with exclusions, deductibles, and service fees — and often they restrict your choice when it comes to selecting a repair company.
And from the bloggers and pundits:
Cracking the wallet (Jonathan Clements, Humble Dollar). For people who’ve been diligent savers during their working years, making the switch to spending isn’t easy.
More than never. Less than always. (Ben Carlson, A Wealth of Common Sense). It’s the wide range of potential outcomes that makes investing both compelling and infuriating.
Ed Yardeni on Q1 earnings season (The Reformed Broker). We’ll have to wait and see how this affects the market’s unease, but the upcoming earnings season could be a whopper.
CVS introduces new RX Savings Finder tool with promise of big savings (Clark Howard). An interesting follow-up to our current SMI newsletter article Finding the Right Prescription: How to Save on Medications. Among other things, the new CVS tool makes it possible for your doctor to know your out-of-pocket cost before writing a prescription for a particular medication.
Reclaiming the goal of Christlikeness in a world of choices (Trevin Wax, The Gospel Coalition). Which question is motivating you: "Am I keeping up with the Joneses?" or "Am I looking more like Jesus?"
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