Here's our weekend-before-Thanksgiving Roundup of interesting reads re: investing and personal finance.
- This rule of thumb about 401(k) investments is wrong (Investment News). Many company retirement plans offer only a handful of fund choices because a 2004 study concluded participants benefit from fewer options. New research suggests otherwise.
- Schwab boosts new account openings 31% after fees go to zero (Bloomberg, via OnWallStreet). We can't say for sure, but this item and the next one may related:
- Charles Schwab buying TD Ameritrade for $26B (Fox Business). Note: Not yet a done deal.
- Feds release data on wages, debt for specific college majors (Associated Press). Students now can compare salary and debt levels for specific college programs, not just for entire institutions.
- How to find a CPO deal in December (Kelley Blue Book). December is a good time to buy a "certified pre-owned" vehicle because of "end-of-year sales and incentives."
And from the bloggers and pundits...
- The fundamental law of lifestyle inflation (Brendan Mullooly, Your Brain on Stocks). Guess what? More money tends to create more desire.
- The money you don't invest (Michael Batnick, The Irrelevant Investor). Returns may be lower over the next decade, but that doesn't mean you should stop investing.
- The 5 types of market crash predictions (Ben Carlson, A Wealth of Common Sense). If the past decade has taught investors anything, it's that we never know "when."
- Investment signals would be great, if they worked (John Rekenthaler, Morningstar). Market theories of "A will lead to B" often don't pan out.
- $69 trillion of world debt in one infographic (Visual Capitalist). The U.S. government has the largest debt load (31% of the world total!), but Japan has the highest debt-to-GDP ratio.
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