Some of the best investing and personal finance articles from around the web.
- Economic pain may last for years, Shiller warns (Chief Investment Officer). What would happen if everyone stopped trying to keep up with the Joneses?
- Robinhood has lured young traders, sometimes with devastating results (NY Times). The high cost of free and easy trading.
- This recession is a bigger housing crisis than 2008 (New York Magazine). Right now, there’s a very thin safety net protecting millions of renters.
- In celebration of financial independence (Morningstar). There’s something more important behind the headline of “early retirement.”
- Wealthy families need more than a financial succession plan: they need a process (Kiplinger). How well are you preparing the next generation of stewards in your household?
From the blogosphere…
- The greatest danger investors face (A Wealth of Common Sense). Are you investing or speculating?
- 7 valuable non-financial retirement assets (Advance Capital Management). It takes much more than money to retire well.
- Financial markets are no more uncertain today than they were last year (Behavioural Investment). Life might feel more uncertain right now, but is it?
- The 4% budget: Why spending flexibility is more important than withdrawal rate in retirement (Vanguard Blog). The income side of the retirement ledger has been in the spotlight for a long time. Here’s why the spending side matters more.
- You can now change your FSA contributions midyear. Here’s what you need to know. (Wirecutter). The pandemic has led to some rule changes.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.