This week’s picks for the best in personal finance from around the web—a day early this week since we’ll release the July issue of the Sound Mind Investing newsletter tomorrow.
- Boring doesn’t mean bearish in the stock market (MarketWatch). Putting today’s low volatility market in perspective.
- The biggest risk factor for your portfolio (Morningstar). In contrast to the first article, this market watcher sees worrisome signs of investor complacency.
- Investor distrust drives rise in cash holdings (Financial Times). As the bull continues, there’s a lot of money on the sidelines, which Mark sees as an optimistic sign for the market.
- Fed looks at exit fees on bond funds (Financial Times). The Fed sets its regulatory sights on what it sees as “shadow banks.”
- Retirees suffer as $300 billion 401(k) rollover boom enriches brokers (Bloomberg). Rolling your 401(k) into an IRA can be a very wise move, or a disaster.
And from the blogosphere…
- Warren Buffett on scorecards, investing, friends, and the family motto (Farnam Street). Some nuggets from Buffett’s bio, “The Snowball.”
- The most hated economic recovery ever (Pragmatic Capitalism). Why the economy may be healthier than the headlines suggest.
- Three approaches for retirement income planning (Wade Pfau’s Retirement Researcher Blog). Retirement researchers discuss the best ways to eat a nest egg.
- Here’s what the Social Security Administration’s new service strategy means for you (Yahoo! Finance). Get ready for longer wait times.
- Peace Child revisited, 50 years after first contact (Randy Alcorn - Eternal Perspective Ministries). In keeping with the generosity theme of our July issue… Take the time to watch the 15-minute video. We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.