Here's our weekly Roundup of interesting articles on investing, general finances, and stewardship.
Bad news is good news (Michael Batnick, The Irrelevant Investor). "The key to harvesting...long-term [returns] is patience, a strong stomach, and proper risk management."
As U.S. markets churn, some stick with rare 2022 winner: energy shares (Reuters via Fidelity). This will be of interest to SMI's Sector Rotation investors.
September inflation report: Prices rise faster than expected (New York Times via archive.ph). "The trend is very troubling."
Social Security cost-of-living adjustment will be 8.7% in 2023, highest increase in 40 years (CNBC). Fortunately for SS beneficiaries, as inflation rises, so do benefits.
Social Security COLA to raise taxes for some Americans (Wall Street Journal). The thresholds for taxes on Social Security benefits aren’t adjusted for inflation.
Visualizing 40 years of U.S. interest rates (Visual Capitalist). The highest average annual interest rate was 13.9% in 1981. The lowest was 0.9% in 2020.
The last time the Fed created a recession (Ben Carlson, A Wealth of Common Sense). The economy was between a rock and a hard place in the early '80s, with no easy way out.
Medicare open enrollment starts now. What you need to know. (Kiplinger). Open enrollment runs from Oct. 15 through Dec. 7, giving beneficiaries an opportunity to review options and make changes.
These colleges promise no student debt: 'Loans are not part of the deal' (CNBC). More than 20 schools now have "no-loan" policies. They'll meet 100% of an undergraduate's need for financial aid with grants rather than education debt.
Eleven giving guidelines to fight the pull of materialism (Randy Alcorn via MoneyWise). "Giving affirms Christ’s lordship and breaks the chains of mammon."
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