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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