Here's our weekly roundup — posted a day earlier than usual to make way for tomorrow's end-of-month DAA and Sector Rotation updates.
- How tax reform impacts your tax bracket and rate (Investor's Business Daily). One example: A married couple earning $125K and filing jointly are in the 25% bracket now. Next year, they'll be in the 22% bracket. More at the link.
- 5 things to do before Jan. 1 to lower your tax bill (Washington Post). The basic advice (because of next year's expansion of the standard deduction): Do everything you can to load up on itemized deductions before 2017 gives way to 2018.
- IRS says only these 2018 property taxes can be prepaid in 2017 (Marketwatch). If you're planning to pre-pay property tax before year's end, check out this IRS guidance first.
- A great year for fund performance (Morningstar). If you're a long-term investor, "you really can't afford to miss years like 2017," notes Morningstar's Russ Kinnel.
- 5 quick steps to improve your finances in 2018 (Kiplinger). Fodder for New Year's resolutions.
And from the pundits and bloggers...
- Changing seats (Jonathan Clements, The Humble Dollar). Is there a way to squeeze more happiness out of the dollars we spend? Yes — and it's not complicated.
- Simple, but not easy (Tony Isola, A Teachable Moment). It's wise to keep your investing approach, but keeping it simple is harder than you may think.
- That magazine cover doesn't make Apple shares a 'sell' (Barry Ritholtz, Bloomberg View). Ritholtz riffs on magazine covers and what they may mean (or not) for investors.
- Hunt for next bitcoin will spark wilder crypto swings (Ben Carlson, Bloomberg View). If you thought bitcoin has been on a wild ride, learn what happened last week with litecoin.
- Wall Street's year-end forecasts (Eddy Elfenbein, Crossing Wall Street). With one day left in the trading year, it appears the S&P 500 consensus estimate for 2017 will miss the actual performance number by more than 14 percentage points!
To post a comment about any of these articles, scroll down a bit a "Join the Discussion." And be sure to follow SMI on Twitter!