Wednesday Reading List
Stuff worth sharing from the past week
This week we take a closer look at real estate with the busy spring selling season soon to begin.
Housing is getting a jolt as virus pushes down loan costs
“The US housing market is set for its strongest spring since before the financial crisis as coronavirus sends mortgage rates lower amid the global rush for safe assets.”
Report: Condo prices jumped 12.4 in Mass. in January & The Hottest Towns and Neighborhoods for Every Generation by Sofia Rivera
These two articles take a closer look at Massachusetts real estate for my local readers. The first shows the price movement for condos and single family homes in most towns since last year, and the second has a neat list of suggested Boston area towns for different generations.
As COVID-19 continues to dominate the news and move markets, here are three pieces that taught me something this week.
You’re Likely to Get the Coronavirus by James Hamblin
How Does the Coronavirus Compare with the Flu? by Denise Grady
Q&A on COVID-19: The Economy, Markets and What Investors Should Do by Jeffrey Kleintop
And ICYMI: my piece on how investors should react to the Coronavirus
Seriously people- STOP BUYING MASKS!
They are NOT effective in preventing general public from catching #Coronavirus, but if healthcare providers can’t get them to care for sick patients, it puts them and our communities at risk!
https://t.co/UxZRwxxKL9— U.S. Surgeon General (@Surgeon_General) February 29, 2020
Dollar Cost Averaging vs. Lump Sum: The Definitive Guide by Nick Maggiulli
One of the most common questions from new investors is whether they should invest all their cash right away, or dollar cost average into the market over months or years. I’m generally not a fan of dollar cost averaging unless it’s what an investor needs to do to get started. This post does a great job explaining why investing a lump sum when it’s ready to be invested makes more sense than wading into the market over time.
Here’s what can happen if you flee the stock market for cash by Sarah O’Brien
ICYMI: my recent post on why you need an estate plan and how the key documents work.
Book Recommendation
Your Sherpa: Your Parental Guide to Financial Literacy by Jeff Tyburksi
I’m particularly excited to share this week’s book recommendation. Jeff is a former colleague and good friend of mine who has taken the things he’s learned in his successful investment career and created a guide to help young people with financial literacy. Check out this link for a free book offer and to learn more.