Some of the best investing and personal finance articles from around the web.
- Ways and Means releases list of tax provisions for budget bill (The Tax Adviser). One item that had been talked about but is now off the table was repeal of the step-up in basis. For more on that, read How a key Biden tax idea got crushed (Full Stack Economics).
- The Social Security trust fund is in better shape than expected. For now. (Think Advisor). The news isn’t good; it’s just “less dire than many thought could be possible.”
- Equities have little to fear now that fear itself has made a comeback (Yahoo Finance). With so many people anticipating a correction, the odds are against it.
- Put these charts on your wall… 2021 edition (Compound Advisors). “All-time highs are a reason to sell…” and visual depictions of other fallacies.
- How losing money can help you earn money (Darius Foroux). Successful investors stay in the game. Their secret? They learned to lose.
- Social Security planning approaches: insurance approach vs. maximizing expected outcome (Oblivious Investor). It’s best to incorporate both approaches.
- Income for sale (Humble Dollar). More on the ongoing debate about annuities.
- A number from today and a story about tomorrow (Collaborative Fund). It’s important to understand the narrative behind the numbers.
- $10 billion in student debt erased under Biden, but calls grow for more (NY Times). This might be just the beginning.
- 5 of the worst assets to inherit (Kiplinger). Are you planning to pass any of these on to your heirs?
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.