Here is our weekly collection of worthwhile reads on investing, personal finance, and stewardship.
What are the 10 biggest mistakes made by fund investors? (Joe Wiggins, Behavioural Investment). You can avoid many of these mistakes by having a long-term plan and a mechanical (non-emotional) process!
The benefits and drawbacks of active ETFs (Morningstar). A helpful primer about a still relatively small slice of the ETF business.
Lots of liquidity (Dr. Ed’s Blog). "The potential for all this money to fuel higher consumer price and/or asset inflation is hard to ignore."
The safe, high-return trade hiding in plain sight (Jason Zweig, Wall Street Journal via GO4KTV). A piece about inflation-adjusted "I" bonds issued by the U.S. government. ("I" bonds differ in several ways from TIPS, Treasury Inflation-Protected Securities.)
Stocks, Bonds, Bills, and Inflation: 2021 Summary Edition (CFA Institute). If you’re a data geek, this one’s for you — a treasure trove of historical stock and bond data.
12 types of CDs: Which one is best for you? (Bankrate via Fidelity). Did you know there are 12 types of CDs? (I didn’t.)
Tuition discount rates reach new high (Inside Higher Ed). Have a son or daughter headed to college? This could be news you can use.
Retirement planning checklist (Kiplinger). Financial steps to take starting about 10 years out from retirement.
Turning 65 and still working? Be sure to avoid costly Medicare mistakes (CNBC). Seems strange, but you could face years-long penalties if you don’t sign up on time.
Don’t let randomness rule your giving strategy (Tony Isola, A Teachable Moment). Isola argues that "giving while living maximizes generosity."
Review: Charting your Legacy by Compass (Christian Stewardship Association). Charting Your Legacy is Compass’s "deep dive" small-group study for people in the second half of life.
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