Here's the weekly Money Roundup as we head into the final weekend of winter(!). We hope you find these articles to be interesting and helpful.
- How to prepare for a recession (Ben Carlson, A Wealth of Common Sense). Even if a recession isn't close at hand, one will occur someday.
- Next time, the Fed might give no quarter (The Wall Street Journal). Projections show rates hitting 2.75% by the end of next year. That would be the highest level since early 2008.
- You can't buy past returns (Charlie Bilello, Compound Capital Advisors). The upward trajectory of even best investments will come to an end — at least for a while.
- Will bitcoin become the new digital gold? (ETF.com). Many observers think bitcoin will upend gold as the "leading alternative safe-haven investment."
- Government site for buying Savings Bonds shows its age (The New York Times, soft paywall). Several SMI readers have told us they found the TreasuryDirect site to be rather clunky.
- My time to claim (Howard Rohleder, Humble Dollar). One man's story about deciding when to claim his SS benefits. He was going to wait until age 70, but then he ran the numbers.
- If you're rejoining the workforce after retiring, here's how to handle your Medicare coverage (CNBC). You may be able to drop Medicare in favor of an employer health plan and then re-enroll down the road. But (surprise!) it's complicated.
- Most medical debts to be removed from consumers' credit reports (The Wall Street Journal). The changes by Equifax, Experian, and TransUnion are the result of pressure from the government's Consumer Financial Protection Bureau.
- Best charities that help pay medical expenses (Bob Lotich, Personal Finances By the Book). Medical expenses can be overwhelming. Help may be available.
- He was quoted $50,000 to fix the church clock but all it took was a can of WD-40 (Good News Network). When quoted a large cost, get a second opinion!
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