My latest: Investing for Retirement
Three reasons why you need to be aggressively investing for retirement to protect yourself from outliving your assets.
Market Concentration and Lost Decades by the CFA Institute
High market concentration, where a few large companies dominate index returns (like we saw heading into this year), can lead to long periods of underperformance for broader markets. Historical examples show that when leadership becomes too narrow, markets often experience “lost decades” with minimal or no real returns. Investors can mitigate this risk by diversifying across regions, asset classes, and factors rather than relying heavily on market-cap-weighted indexes.
The Ultimate Tariff Buying Guide by Bloomberg
While the full negative impact of Liberation Day seems to be fading fast, if you are worried about things becoming more expensive and need to get ahead of it, focus on cars, electronics, and big ticket kid purchases, and hold off on stockpiling pantry items.
Navigating retirement health: Care options and costs by Vanguard
Vanguard shares a six step plan to creating a health-aware retirement plan, including planning for long-term care costs. Establish your priorities, decide on coverage options for health care and long-term care, estimate potential costs, build the costs into your financial plan, save to fill income gaps, and implement.
Widespread softening: Almost every major housing market is seeing softer pricing action than last spring by ResiClub
49 of the nation’s 50 largest metro area housing markets have a weaker year-over-year home price shift this spring than a year ago. The softening is more pronounced in the Sun Belt.
Book Recommendation
Reagan: His Life and Legend by Max Boot
In this “monumental and impressive” biography, Max Boot, the distinguished political columnist, illuminates the untold story of Ronald Reagan, revealing the man behind the mythology. Drawing on interviews with over one hundred of the fortieth president’s aides, friends, and family members, as well as thousands of newly available documents, Boot provides “the best biography of Ronald Reagan to date” (Robert Mann).
Boston Corner
Robotaxi company starts mapping Boston’s challenging streets
