The Roundup is making an early appearance this week. We’re posting it before our May issue is released, rather than after.
(Look for the new issue around Noon Friday!)
3% isn’t the most important number in the bond market (Wall Street Journal via Twitter). The yield curve for U.S. Treasurys is flattening, but that’s not necessarily a bad thing. (Note: Article is behind WSJ paywall. You should be able to access it via the Twitter link.)
A $76,000 monthly pension: Why states and cities are short on cash (The New York Times). Have your state/local taxes been going up? Government-pension shortfalls could be the reason why.
Tax bill will slash by half the number of homeowners using the mortgage deduction (CNBC). Congress’s Joint Committee on Taxation estimates only 18 million households will itemize deductions on their 2018 returns, down from more than 46 million for 2017.
How to make sure you’ll be a burden to your children as you age (Forbes). Taking care of your finances but not taking care of your health is asking for trouble — for you and your adult children.
Drew Cloud is a well-known expert on student loans. One problem: He’s not real. (The Chronicle of Higher Education). Cloud "has been quoted in major news outlets, including The Washington Post, The Boston Globe, and CNBC." Turns out he’s the invention of a student-loan refinancing company.
And from various blog sites and pundits...
10 questions everyone should ask themselves about money (Dana Anspach, The Balance). These are important questions. Don’t ignore them.
How to avoid a retirement disaster (Barry Ritholtz, Bloomberg View). Another cautionary tale about having too much retirement money tied up in the fortunes of a single company.
Precision (Michael Batnick, The Irrelevant Investor). Engineering is a field of precision. Investing isn’t — and can’t be.
What you need to know before you store items in a safe deposit box (Sarah Li Cain, DepositAccounts). Are you storing your will and/or a power-of-attorney document in a safe deposit box? This article suggests not doing that.
How many U.S. dollar bills are there in circulation? (Visual Capitalist). Ever wonder how many $2 bills are in circulation? Probably more than you think.
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