Here's our mid-August collection of interesting articles on investing and other financial topics.
We hope you find them interesting and helpful.
- Capital-gains tax rate chasm separates Trump, Biden (Dow Jones Newswires via Market Screener). Presumptive Democratic nominee Joe Biden wants to increase the long-term rate for certain investors and eliminate the “step-up in basis” that allows assets to pass to heirs tax-free.
- What Trump's payroll tax cut will mean for you (Kiplinger). Employers are still working out the implementation challenges, but you should be getting extra money in your paycheck through the end of the year.
- Mortgage rates keep falling — will they finally drop to 0%? (MarketWatch). Never say never.
- Brainard says Fed is conducting E-money tests for research (Bloomberg via MSN). The Federal Reserve is developing an experimental digital currency.
- How the S&P 500 performed during major market crashes (Visual Capitalist). Thankfully, crashes don't happen very often!
And from the bloggers and pundits...
- Reading financial news: The top 10 avoidable distractions (Binod Shankar, Enterprising Investor). A lot of what passes for financial news is irrelevant and shallow.
- The hardest investing questions to answer (Ben Carlson, A Wealth of Common Sense). Among those questions: "Am I being disciplined or stubborn?" and "What if it really is different this time?"
- The strange psychology of COVID-19 and investor behavior (Daniel Crosby, Kiplinger). Will the coronavirus really "change XYZ forever"?
- 5 misconceptions I had about ETFs (Jim Wang, Vanguard Blog). A helpful overview of exchange-traded funds.
- Risking my life (Jonathan Clements, Humble Dollar). One's man's thought process re: deciding to purchase a series of immediate fixed annuities.
Your comments are welcome and appreciated! "Join the Discussion" below.