We’re heading into the first (official) weekend of Summer!
And here’s our weekly Roundup of recent articles on investing and personal finance. We hope you find them to be interesting and helpful.
Bear markets are a test of investor emotions (Joe Wiggins, Behavioural Investment). You can make it easier on yourself by switching off market-related news and checking your portfolio less often.
When Roth conversions go ’on sale’: Discounted Roth conversions during a bear market decline (Kitces.com). How to turn market lemons into tax-planning lemonade.
Jerome Powell pressed over how Fed would respond to economic slowdown (Wall Street Journal). “[We] want to see evidence that [inflation] really is coming down before we declare any kind of victory."
Reducing inflation will come at a great cost: Stagflation (Ray Dalio via LinkedIn). We experienced a big lurch forward courtesy of the Fed. Now comes the big lurch backward.
Mortgage rates continue to rise, hitting 5.81% (Wall Street Journal). The last time rates were this high was in the fall of 2008.
As 529 plan balances shrink, parents may want to consider this investment to build college savings (CNBC). That alternative? I-bonds.
$100 million in cryptocurrency stolen by hackers (Wall Street Journal). As if crypto wasn’t risky enough...
Here comes fiscal armageddon (Kevin D. Williamson, National Review – possible paywall). What could happen if "the U.S. government’s debt load exceeds its ability to comfortably service that debt."
Another Senate committee unanimously passes retirement savings legislation (InvestmentNews). Among other things, the bill would raise the required minimum distribution age from 72 to 75. It still must pass the full Senate.
Like Edith sang (Jonathan Clements, Humble Dollar). Four financial moves you’re not likely to regret.
Your comments on any of these articles are welcome and appreciated. "Join the Discussion" below.
