Wednesday Reading List
The big money is not in the buying and the selling, but in the waiting.
Charlie Munger
ICYMI:
Are We In a New Bull Market? – The stock market is up 20% off its recent bear market low. Does this mean we’re in a new bull market and the coast is clear?
Keep More of What You Earn. We’re Talking Taxes. – Tax planning isn’t something you do on April 14th. It’s a year-long process best approached by understanding how the tax code works and getting the right help. Here’s some thoughts on how to keep more of what you earn.
Don’t Let Healthcare Costs Derail a Healthy Retirement by Heritage Financial
For many, retirement is a time to enjoy the fruits of one’s labor and pursue long-held dreams. However, it is crucial to be prepared for the financial challenges which may arise, particularly concerning healthcare expenses. This article explores the potential costs associated with healthcare in retirement and provides valuable insights on how to start saving now to ensure a financially secure and healthy future.
Housing Rolling (Out of) Deep by Charles Schwab Investment Management
After falling into its own recession last year, the housing market has started to turn decisively higher; but a sustained recovery might not be the strongest elixir for the economy.
Chart of the Week
Source: Bespoke Investment Group
How to Spend More in Retirement by Nick Maggiulii
What if I told you that there was a way for you to spend more money in retirement without increasing your risk of going broke? Would you be interested? Well, the good news is that you can. The bad news is that you have to be flexible.
We see the outlook brightening for Japanese stocks and are rethinking our modest underweight that is currently in line with other DMs. We initially saw risks if the Bank of Japan (BOJ) scrapped its cap on government bond yields to curb inflation. We now believe inflation is unlikely to stick due to fewer supply constraints. So the BOJ may opt to keep policy loose to sustain above-target inflation. Plus, corporate reforms are spurring a shareholder-friendly shift – a key development this year.
Why You Believe The Things You Do by Morgan House
Here’s a universal reality: What you believe to be true is influenced by how much you want it to be true.
How to Visit Colleges by Ann Garcia
It’s June, which means we’re coming up on peak college visit season. If you’re heading out to see colleges, here are some tips to get the most out of your visits.
The Ugly Shoes Now Worth Billions of Dollars by The Wall Street Journal
Hokas are the chunky sneakers of choice for runners. And nurses. And waiters. And teens. And grandpas. How did shoes that were huge, weird and French conquer America’s hearts, wallets and feet?
Turn your phone off every night for five minutes, Australian PM tells residents by The Guardian
Experts back Anthony Albanese’s cybersecurity advice, saying forcibly closing apps could stop criminals from monitoring users or collecting data.
Book Recommendation
The Trials of Harry S. Truman: The Extraordinary Presidency of an Ordinary Man, 1945-1953 by Jeffrey Frank
A New Yorker Best Book of the Year. Jeffrey Frank, author of the bestselling Ike and Dick, returns with the first full account of the Truman presidency in nearly thirty years, recounting how so ordinary a man met the extraordinary challenge of leading America through the pivotal years of the mid-20th century.