The second quarter (Q2) of 2018 seemed to be all about tariffs. There was other market news of course, but headlines regarding the growing trade spat between the U.S. and China were what moved markets most. Even with the disconcerting headlines and market volatility, the U.S. stock market faired decently during the quarter, while foreign markets suffered the bond market held steady.
There are many crimes that turn my stomach. Being a father, perhaps most of all it's crimes against children. But a close second is crimes against the elderly. Both involve the vulnerable being preyed upon and usually occur in private, with the effects often showing up only after the fact.
Should I pay off my mortgage before retiring? This is a common question for folks planning to retire, and for others who would prefer to not have any debt. While I've written about this previously, the recent tax law created some new wrinkles to consider.
I'm a firm believer that there's no one right answer to questions like this. What's right should always be based on one's own situation. But the new higher standard deduction will crowd out the ability for many to see their mortgage as a tool to save on taxes. For these folks, starting this year, owing money on their house could seem to have no benefit.