Some of the best investing and personal finance articles from around the web.
- Fed chair warns this is a “downturn without modern precedent” (NY Times). The central bank seems to be aligning its various presidents under a central message: “We are now experiencing a whole new level of uncertainty, as questions only the virus can answer complicate the outlook.”
- Will stock and bond performance converge? (Morningstar). A long-time market watcher tentatively dips a toe in the “this time is different” waters.
- Your 401(k) won’t be enough for retirement (MarketWatch). The flexibility built in to such plans can be an investor’s downfall.
- Morningstar to pay $3.5 million SEC conflict of interest penalty (Chief Investment Officer). When analysts become marketers, that crosses a line.
- The misfortune of graduating in 2020 (The Atlantic). No easy answers here, but I’d hate to see new grads giving in to an assumption that their careers are doomed. There’s an opportunity here to build resilience, creativity, and of course, faith.
And from the blogosphere…
- A Bible response to market turmoil (Ron Blue Institute — Video). Good words of counsel from a trustworthy source, along with a good definition of “panic selling.”
- Take heart (Humble Dollar). Reasons to keep investing.
- Nothing fails quite like success in the stock market (A Wealth of Common Sense). Or perhaps there’s a fourth option: Use momentum to choose what to invest in. Just saying…
- How to stay focused on the good (Becoming Minimalist). Some good reminders for such a time as this.
- The legacy of Ravi Zacharias: A dimension of his influence we seldom consider (The Stream). A wonderful remembrance of a great evangelist, along with an encouraging call to action.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.