Here's our first-weekend-in-September collection of interesting reads on investing, personal finance, and stewardship:
- A recession isn't inevitable: The case for economic optimism (The New York Times). An economic application of the classic question, "Is the glass half-empty or half-full?"
- The anatomy of the coming recession (Worth). A less sanguine view.
- Hurricane Dorian puts flood insurance on the front burner (Investment News). A timely piece that echoes our November 2018 article, Should You Buy Flood Insurance?
- How is your 401(k) taxed when you retire? (Investopedia). As with every tax question, the answer is: "It depends."
- Fake-branded bars slip dirty gold into world markets (Reuters). A story that won't affect the average person, but it's interesting: Criminals and despotic regimes are trying to take advantage of rising gold prices by making gold-bar forgeries.
And from the financial blogosphere...
- You better love this (Morgan Housel, Collaborative Fund). Few variables are more correlated to performance than commitment to a strategy during its lean years. (DAA investors, take note.)
Why I love mutual funds (Andy Clarke, Vanguard Blog). Traditional funds and ETFs help millions of people take advantage of the stock market's potential while reducing the risk of ruin.
- What do I want my money to do for me? (Ben Carlson, A Wealth of Common Sense). The topic of "budgeting" doesn't get a lot of attention in the financial-advice arena. It should.
- Financial independence (subject to change) (Jeremy Walter, Calibrate). Achieving the much-sought-after goal of "financial independence" doesn't mean you can stop being financially vigilant.
- A Christian's perspective on economic downturn (Greg Forster, Crossway). "From the early church to the Industrial Revolution, God has brought revival through faithful and effective Christian responses to economic disruptions."
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