Happy Friday! Here's our weekly Roundup of articles on investing, personal finance, and stewardship.
- The price of admission (Ben Carlson, A Wealth of Common Sense). It's been nearly a decade-and-and-a-half since we've seen this much month-to-month market volatility.
- Stocks' summer rally fueled by drop in bond yields (Wall Street Journal). Many investors are betting that inflation will fall and "the Fed will walk back from its aggressive pace of interest-rate increases."
- Fed 'nowhere near' finished with inflation fight, Daly says (Bloomberg via Financial Advisor). The head of San Francisco's Federal Reserve Bank says Fed policymakers are "resolute and completely united."
- Major asset classes | July 2022 | Performance review (Capital Spectator). "For one month, at least, gloomy sentiment took a holiday."
- Taxable or tax-deferred account: How to pick (Kiplinger). Which investments you choose matters. But so does where you hold them.
- 7 changes Americans are willing to make to fix Social Security — including one with 'overwhelming bipartisan support' (CNBC). The proposed change with the broadest support? Making higher-income earners pay more in SS taxes.
- The top 10 benefits of having an FSA or HSA (Bob Lotich, Personal Finance By The Book). A primer on two approaches to setting aside money for health-related expenditures: Flexible Spending Accounts and Health Savings Accounts.
- Four options when — not if — your LTC premiums go up (Kiplinger). Growing premiums for long-term-care insurance can be tough to handle.
- The local tax break many retirees don't know about — but should (Wall Street Journal). Many states and counties offer property-tax breaks that go beyond the standard homestead exemption.
- The federal government had expected $114 billion income on student loans. But it could lose $197 billion, watchdog finds (CNBC). That's quite a reversal.
Your comments are welcome below!