We're posting the Roundup early since Friday is a holiday. (Tomorrow, look for the monthly strategy updates for DAA and Sector Rotation.)
Happy New Year!
- Should you buy an all-time high? (Nick Maggiulli, Of Dollars And Data). This won't surprise SMI readers, but all-time highs tend to be a bullish indicator — at least in the near term.
- The biggest market comeback of the year (Ben Carlson, A Wealth of Common Sense). Small caps are now outperforming large caps. Who saw that coming?
- How your second stimulus check will differ from the first one (Kiplinger). The article includes an easy-to-use "Second Stimulus Check Calculator."
- What money can buy (Jonathan Clements, Humble Dollar). A thought-provoking list.
- Institutional vs. retail investors: What's the difference? (SoFi Invest via MSN Money). Demystifying some common investing lingo.
- Social Security and Medicare: Key things to know in 2021 (Paul Brandus, MarketWatch). An overview of the SS cost-of-living adjustment, higher tax ceiling, etc.
- 2021 tax brackets — how they actually work (Jim Dahle, The White Coat Investor). Your marginal tax rate isn't the same as your effective tax rate.
- Who pays income taxes (National Taxpayers Union Foundation). Recently released data show the first full-year impact of the 2017 tax-cut law. Short version: The top earners paid more, the bottom earners paid less.
- What to do with unwanted gift cards (U.S. News). "Re-gifting" is an option, so is trading in an unwanted card for one you can use.
- Is the stock market open on New Year's Eve 2020? (Kiplinger). This piece lists U.S. market holidays (stock and bond markets) for 2021.
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