For the better part of a year, it’s felt like the moves in the market have been completely dependent on economic data and almost nothing else. But what’s difficult is trying to understand what is considered “good” and “bad” news in this market. Even early in 2023, we’re still trying to figure it out!
Here’s what I’ve been reading this morning:
- Stocks have rallied to start 2023, but does that mean that it’s time to declare a new bull market? Michael shows a few charts that illustrate the possibility of a new bull market instead of yet another bear market rally.
- Losing a job is bad enough, don’t make it worse by forgetting about your old 401(k). This article talks about the importance of bringing your old 401(k)’s with you when you change jobs. That’s YOUR money!
- Do you think your level of financial literacy is costing you money? According to a new report, more people feel that their lack of financial literacy cost them $10,000 or more in 2022. It’s more important than ever to get your financial literacy up to speed!
- There’s a saying to not let perfect get in the way of good enough. This post talks about a handful of scenarios where trying to get something perfectly right could potentially be more risky than not.