Tomorrow, we'll be publishing the monthly updates for DAA and Sector Rotation investors. When those updates happen to fall on a Friday, we post the weekly Roundup on Thursday — so here it is!
- Can't be bearish (Michael Batnick, The Irrelevant Investor). The big five — Facebook, Apple, Amazon, Microsoft, Google — are once again going great guns.
- Beijing calls for calm after historic tech stock rout (CNN Business). Meanwhile, on the other side of the world...
- There is no such thing as a "normal" market environment (Ben Carlson, A Wealth of Common Sense). Studying market history is helpful, but knowing how something performed in the past isn't the same as knowing how it will perform in the future.
- Wages are rising, but inflation may have given workers a 2% pay cut (CNBC). How much you earn is relative to how much things cost.
- Pondering the maze (Richard Quinn, Humble Dollar). One reason people find saving for retirement and coping with health costs so daunting is the government has created so many onerous and confusing rules.
- If you're still working when you turn 65, be sure to avoid costly mistakes with Medicare (CNBC). Speaking of onerous and confusing rules...
- A key to spending without worry in retirement: Longevity insurance (Kiplinger). This is a piece about buying a "deferred" annuity — i.e., one that doesn't kick in until you're about 80 or so.
- Giving to religious groups dives over two decades, study shows (MinistryWatch). Twenty years ago, about 46% of U.S. households gave to religious causes. The most recent data put that figure at just 29%.
- What's your Wealth I.Q.? (Tony Isola, A Teachable Moment). The less we need, the richer we become.
- What the widow's gift says about giving (Rachel Rupert, Christian Stewardship Network). Ever feel like you're doing God a favor by giving generously? That has it all wrong.
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