Here's our weekly collection of worthwhile reads from around the web. Happy springtime!
- 5 steps to investing your Health Savings Account (Christine Benz, Morningstar). A quick primer on using an HSA as a long-term investment vehicle.
- 4 simple steps for naming beneficiaries and why it matters (The Ticker Tape). Did you know that beneficiary forms supersede heirs named in wills or trusts?
- A tumultuous first quarter for International-stock funds (Morningstar). Upgraders will note that one of the worst performers is a former Upgrading recommendation, while one of the best is a current recommendation. More evidence as to why we stress the importance of selling laggards in a timely fashion.
- Victims of Bernard Madoff's Ponzi scheme to receive millions more (New York Times). The wheels of justice turn slowly. The Madoff fraud — one of the largest in the history of Wall Street — came to light a decade ago.
- Why extended warranties are hardly ever a good deal (Washington Post). Many come with exclusions, deductibles, and service fees — and often they restrict your choice when it comes to selecting a repair company.
And from the bloggers and pundits:
- Cracking the wallet (Jonathan Clements, Humble Dollar). For people who've been diligent savers during their working years, making the switch to spending isn't easy.
- More than never. Less than always. (Ben Carlson, A Wealth of Common Sense). It's the wide range of potential outcomes that makes investing both compelling and infuriating.
- Ed Yardeni on Q1 earnings season (The Reformed Broker). We'll have to wait and see how this affects the market's unease, but the upcoming earnings season could be a whopper.
- CVS introduces new RX Savings Finder tool with promise of big savings (Clark Howard). An interesting follow-up to our current SMI newsletter article Finding the Right Prescription: How to Save on Medications. Among other things, the new CVS tool makes it possible for your doctor to know your out-of-pocket cost before writing a prescription for a particular medication.
- Reclaiming the goal of Christlikeness in a world of choices (Trevin Wax, The Gospel Coalition). Which question is motivating you: "Am I keeping up with the Joneses?" or "Am I looking more like Jesus?"
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