Some of the best investing and personal finance articles from around the web.
- Your 5-step guide to navigating a scary stock market (NY Times). “The best action to take might not involve your portfolio.”
- We’re still in a deep economic hole: Five economists explain why the June jobs report is weaker than it appears (Business Insider). “…the pandemic has moved so fast, the jobs report is already out of date.”
- 20 IRS audit red flags (Kiplinger). Sadly, excessive generosity looks suspicious to the IRS.
- A college degree is no guarantee of a good life (The Atlantic). College isn’t right for everyone, but that’s a hard truth for many parents to accept.
- What CARES Act withdrawals could mean for client retirement savings (Financial Planning). It’s easier than ever to tap retirement savings early, but go slow with that decision, and make sure you pay the money back.
From the blogosphere…
- A recession like no other (Mauldin Economics). One more way the rich are different: They’re not spending right now, and that matters a lot.
- What do markets say about presidential elections? (The Big Picture). Be careful with that correlation/causation thing. Also, see How the Stock Market Will Forecast Who Wins the White House in 2020 (Chief Investment Officer).
- I’m worried (A Wealth of Common Sense). It’s always something, but right now there seem to be more somethings than usual.
- Why is gold valuable? (Of Dollars and Data). An interesting look at a complicated asset. I don’t know about you, but I’m glad to have DAA to tell me when gold belongs in my portfolio.
- Thoughts on choosing a college, as seen from our enemy’s perspective (Eternal Perspective Ministries). Much thought is given to the cost of college, but there’s much more to the decision than that.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.