The November issue of the SMI newsletter will be published online tomorrow, so we’re rolling out this week’s Roundup a day early. Enjoy!
New UltraFICO credit score will monitor how you manage your savings, checking and money-market accounts (The Wall Street Journal via MarketWatch). Hmm. FICO is rolling out a new credit-scoring system in an effort to boost approvals for credit cards, personal loans, and other debt.
The best place to save for long-term care expenses (Morningstar). A Traditional IRA? A Roth IRA? A Health Savings Account? Or something else?
Trump outlines new plan to lower Medicare drug prices, end ’rigged’ system (CNBC). The president says the plan will lower prices under Part B coverage.
How to handle taking a final RMD after death (Kiplinger). Did you know that heirs are responsible for the last required minimum distribution when someone dies?
Cryptocurrency bitcoin marks 10 years (AFP). Bitcoin’s birthday is Oct. 31.
And from the pundits and bloggers...
Why are stocks going down? (Charlie Bilello, Pension Partners Blog). Don’t turn to financial TV shows for an answer.
Stock prices falling is perfectly normal (J.C. Parets, All Star Charts). 2017 was the exception, not the rule.
When stocks fell 10%… (Ben Carlson, A Wealth of Common Sense). How often does a 10% correction turn into a 20% bear market?
A change in perspective (Nick Maggiulli, Of Dollars and Data). Be wary of following the financial crowd.
Is It OK to stay in a job just for a paycheck? (The Gospel Coalition). A short video roundtable on this topic.
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