ICYMI: Introducing My Bearish Friend – Arguing with one of my best friends – a great investor who always seems to be bearish on stocks and is bearish right now.
In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement. The law is called SECURE 2.0, and it’s a follow-up to the Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in 2019. The sweeping legislation has dozens of significant provisions, we’ve summarized major provisions of the new law.
It’s a safe bet to assume stocks will beat bonds and bonds will beat cash over multi-decade periods. It’s also safe to assume cash or bonds can beat stocks over a year or even multi-year periods. This is what makes investing relatively simple but never easy.
Despite market volatility, inflationary pressures, and a potential earnings recession, a rally involving stocks, bonds, and some commodities started in November still persists.
I loved this list of 12 books — some new, some old — that will help you meet the goals that matter for 2023, that will help you live better and be better.
The double-digit selloff in both stocks and bonds left investors wondering whether low returns are in store for the foreseeable future. We doubt it. Taking a longer-term perspective, the 2022 downturn has set the stage for a much-improved long-term investing environment.
So what do you need to know about this latest AI-based chatbot system? Here’s a primer that will give you everything you need to know to get started.