Here's our weekly roundup of recent articles on investing and other financial topics. We hope you find them interesting and helpful.
- Beware the madness of markets (Financial Times). "Fear of missing out is a powerful force."
- Is this 1929 or 1998? (Charlie Bilello, Compound Advisors blog). In some ways, today's market resembles past markets. But be careful about reading too much into comparisons.
- The investment strategy that makes your life easier (Ben Carlson, A Wealth of Common Sense). A primer on "dollar-cost averaging."
- Large caps are…underperforming? (Michael Batnick, The Irrelevant Investor). The big names (Amazon, Apple, etc.) may get all the attention, but smaller stocks have been smoking hot.
- U.S. budget deficits to be near or above $1 trillion annually over next decade, Congressional Budget Office says (MarketWatch via Fidelity). But the CBO forecasts "are likely overly optimistic"(!) because they "do not take into account plans by Democrats in Congress to pass a $1.9 trillion coronavirus economic-aid package in the coming weeks."
- Federal income tax guide for 2021 (Good Financial Cents). It's that time of year again.
- How 10 types of retirement income get taxed (Kiplinger). You can never retire from taxes.
- In 'do-over,' enrollment in Affordable Care Act health insurance reopens (New York Times). A new three-month sign-up period begins next week, courtesy of a Biden administration executive order.
- Final thoughts (Kathleen M. Rehl, Humble Dollar). It's crucial to have an estate plan. But it's also wise to share your non-material treasures — your values, hopes, and memories — with your family and friends via a "legacy letter."
- God cares a lot about money, say faith finance groups, and maybe you should too (Religion News Service via MinistryWatch). A secular news organization reports on several faith-based organizations, including Crown Financial Ministries, teaching about the Bible and money.
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