As we head into Independence Day weekend, here’s our latest collection of interesting articles on investing, personal finance, and stewardship.
Happy 4th (and 5th)!
How should we judge the quality of a sell decision? (Joe Wiggins, Behavioural Investment). "When we review a sale, we will inevitably incorporate information that was not available at the time the decision was made."
How often does dollar cost averaging fail? (Nick Maggiulli, Of Dollars And Data). Answer: Rarely. Maggiulli runs the numbers.
A pillar of modern finance turns 50 (Enterprising Investor, CFA Institute). Happy Birthday to the (once-lowly) index fund.
Why aren’t interest rates higher? (Ben Carlson, A Wealth of Common Sense). Carlson speculates on why bond investors remain willing to accept paltry yields in an environment of higher growth and inflation.
Should you take Social Security at 62? (Fidelity Viewpoints). Answering this question requires taking several variables into account.
The I.R.S. still has 35 million tax returns to get through, delaying refunds. (New York Times). To be fair, the tax agency has been slowed down by legislative changes and the processing of stimulus payments.
The most-overlooked tax breaks for retirees (Kiplinger). Pay your taxes, of course, but don’t pay more than you have to.
When ’cheap’ money won’t be, what then? (Andrew, Stuttaford, National Review). The problem with spending like there is no tomorrow is that there is a tomorrow.
State tax changes taking effect July 1, 2021 (PDF) (Tax Foundation). With the start of a new fiscal year, laws have changed in Florida, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Montana, New Jersey, New Mexico, South Carolina, Utah, Vermont, and Virginia.
7 money lies teenagers are believing right now (Art Rainer via MoneyWise). Sadly, many adults believe them too.
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