... and markets get volatile. But many people can’t. The rest of us try to focus on controlling what we can control and let time work for us. We don’t chase market trends – we diversify and rebalance as needed. ...
... in the context of post-trade war, post-Covid, and post-positive working relationship with the US. Andy spoke highly of China and its people, emphasizing that as with here at home, much of the fiery rhetoric ...
...
But before we get into that, a few people have asked about this week’s Fed meeting and whether our benevolent central bankers are likely to raise interest rates again. We’ll find out tomorrow, but the ...
... with how much we borrow and that’s a sensitive topic for most people. (Even though the federal government isn’t a household and prudent borrowing standards we teach to our kids don’t necessarily apply, ...
... person. I’ve been to a bunch of these talks over the years and the speaker’s bios are meant to impress, but this speaker was one of the most impressive people I’ve heard by far. Corporate executives ascending ...
...
Also, and perhaps only loosely related depending on your perspective, is a story from The Wall Street Journal about the happiest people in America. Tax time stresses people out and, when added to the ...
... seem to have a knack for obfuscation. Maybe they make you call and wait out a sales pitch before canceling. Or maybe the company tucks the cancelation link somewhere so cleverly that people tend to just ...
News in recent weeks has shed a brighter light on how important liquidity is to our financial success. Lots of people, even the folks who run banks, can think they have more liquidity than they actually ...
... people, even other governments, lining up to buy our debt. Final judgement on the rightness of all this is beyond me, but I’m likely not the only one who thinks it’s a little silly and frustrating to go ...
... (helping kids to cheat in school) to the profound (like fundamentally altering our relationship with the Internet, even with each other).
But when people I respect suggest that ChatGPT is to consumer ...
... was too hot or too cold, and what it was planning to do about it. As you can imagine, these pressers could sometimes be a snooze fest, only interesting to people who really pay attention. But other times, ...
... locked out of her account and was told the only fix was to call Treasury Direct. We called and we’re told that too many people were calling and to call back some other time. We did so another day and had ...
... most people will pay only a 10% penalty assuming they correct their mistake quickly.
If you’re charitably inclined you’ll still be able to make Qualified Charitable Distributions from your IRA once you’ve ...
... year.
The main reason to wait is that it reduces your taxable income. Of course this only helps if you have other money to cover your spending needs. This isn’t the case for most people, but there are ...
... for some people, including professional money managers, to want to bother with it.
Here’s a primer on how this works. As a reminder, tax loss harvesting only applies to your individual accounts, trust ...
... spending needs. Either way, let’s proceed…
A lot of people wait until year-end to process their RMD. This can be preferable in some cases, but RMDs have to be taken by 12/31 to avoid a penalty. The big ...
... the people behind the tech who cause the problems, rarely the tech itself. Digital assets (the industry catch-all term for crypto) are the way of the future and some structures like bitcoin will eventually ...
Trust is fundamental to our relationship with others – with other people, private and public institutions, and especially our elected representatives in government and those they appoint. In fact, our ...
... people talking about the increased risk of nuclear war.
The temperature rose again this weekend following the demolition of a strategically and psychologically important “Russian” bridge into Crimea ...
... too far too fast, setting the stage for unanticipated consequences within the economy. Also in recent days members of the Fed, including the Chair, have doubled down on their willingness to allow people ...