This week’s picks for the best investing and personal finance articles from around the web.
Every financial crisis is different (Morningstar). The sanest approach to understanding the stock market is to recognize how little can be anticipated.
Brexit happens. Know your investment plan, and stick to it (Washington Post). “This is what markets do. They go up and down, on occasion, violently.”
5 ways Brexit is having an impact on U.S. consumers (Fox). Good news for vacationers and home buyers; not such good news for income investors.
U.S. bond yields set historic lows (Bloomberg). But as we’ve heard for quite a while now, low rates won’t last forever.
What would your 90-year-old self tell you to change today? (MarketWatch). Probably that you should save more and take better care of yourself.
And from the blogosphere…
Is your portfolio getting enough sleep? (BPS and Pieces). The advice we should follow for a good night’s sleep applies to our investments as well.
Why the stock market makes you feel terrible every single day (A Wealth of Common Sense). Daily returns are about as likely to be up as down, but the down days feel so much worse.
Nudging the behavior gap away (Mullooly). One of the greatest investment ironies is that investors regularly underperform their own investments.
No, really: Just ignore day-to-day stock market fluctuations (Sketch Guy - a NY Times blog). Maintaining the long view helps keep the news of the day in perspective.
Tax-efficient spending strategies from retirement portfolios (Kitces). Is it possible to be “too good” at tax deferral?We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.