Some of the best investing and personal finance articles from around the web.
- Low-information ‘investors’ rule the stock market — at least until they lose every cent (MarketWatch). This is no way to get introduced to the stock market. In a horribly sad related story, Young Trader Dies by Suicide After Thinking he Racked up Big Losses on Robinhood (CNBC).
- Hertz killing share sale ends unusual bid to fund bankruptcy (Bloomberg via Yahoo). To further cement just how odd (okay, crazy) this idea was, read this next article, which came out before the new stock offering was halted: Unheard of (The Reformed Broker).
- Why nobody cares about trillion-dollar deficits (Chief Investment Officer). This article is several months old, but the issue will be with us for a long time to come.
- How the pandemic changed the way Americans spend their money (Reader’s Digest). How has your use of money changed?
- Revenge of the suburbs (The Atlantic). One more way the pandemic is reordering our financial priorities.
From the blogosphere…
- Why the market is so confused right now (A Wealth of Common Sense). Will this turn out to have been the shortest recession ever?
- Has the U.S. coronavirus recession ended? (The Capital Speculator). Why this author gives a qualified, "Yes." Also, see These 5 charts signal that a US economic recovery is underway in key industries decimated by the coronavirus pandemic (Business Insider).
- Investing and the art of wait (Safal Niveshak). A timeless lesson you won’t find in any day-trader’s playbook.
- Robinhood sells your data, but does that matter? (Blockworks Group). A behind the scenes look at how brokers make money without charging commissions.
- Same as it ever was (Collaborative Fund). Change gets all the headlines, but what doesn’t change matters more.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.