Howard Marks on Cycles
Just came across a section in Howard Marks' Mastering the Market Cycle that I love. It's a great, succinct summary of what I'm always trying to convey (in posts like yesterday's) about certainty vs. probability, and aligning ourselves as much
Bad News Isn’t Good News, It’s Bad News
Last week, I wrote about the rate-cut optimism that has recently driven the stock market to new highs. Today I want to dig into that a bit further and explain why this shift may mark the beginning of the end
Contemplating the Death of the Stretch IRA
Over the past several weeks, we’ve used the Friday Roundup to highlight some important proposed legislative changes that, if approved, will have a significant impact on many people’s retirement plans. Most significantly, the so-called “stretch IRA” will be all but
Should You Invest Using a Taxable Account?
SMI frequently emphasizes the value of investing via tax-advantaged retirement accounts. But taxable accounts have advantages too. Here are a few of them.
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