The SMI office is closed tomorrow in observance of Good Friday.
We’re posting this week’s Roundup today.
The safe investment that will soon yield almost 10% (Wall Street Journal). U.S. Treasury I Bonds purchased between May and October likely will offer an annualized interest rate of 9.6%.
Stock market history as a Rorschach Test (Ben Carlson, A Wealth of Common Sense). People can look at the same data points and reach opposite conclusions.
The importance of slugging percentage in investing (Jon Petersen, Novel Investor). As baseball season gets underway, Peterson serves up a helpful metaphor: Some investing strategies are low-slugging-percentage approaches, content to hammer singles and doubles. Other strategies swing for the fences.
Your portfolio isn’t a financial plan (Tony Isola, A Teachable Moment). Investing is only one piece of personal financial planning.
GOP calls out Biden’s attempt to impose a ’Green New Deal’ through Wall Street regulation (Daily Caller via The Stream). The Securities and Exchange Commission has proposed a rule that would require companies to comply with a dozen new climate-related requirements. A key House Republican says the rule would be "bad for business [and] bad for investors."
Mortgage rates hit 5% for first time since 2011 (Wall Street Journal). Just 15 months ago, mortgage rates were at all-time lows.
3 main reasons a budget fails (Leo Sabo, Christian Stewardship Network). Leo argues that a budget should have an entire year’s expenses "planned for and allocated for" before the year begins. Unrealistic? Read the piece to find out what he means.
Is an annuity right for you? (Christine Benz, Morningstar). This piece is an introductory article to Morningstar’s new "Guide to Annuities."
The three biggest Social Security misconceptions (Mike Piper, The Oblivious Investor). All three relate to the spousal benefit.
For Lent, I’m reading up on the Christian saints (Mike Kerrigan, Wall Street Journal). Never give up on praying for someone to turn to Jesus. If the repentant thief on the cross had been a stock, "all the smart money would have been shorting him right up until the hour of his death."
Your comments are welcome below.
