We’re back with another week of Top Links! We’re down to just 4 teams left in the NFL playoffs, and it really feels like the best 4 teams in the league are left. Some years there’s that Cinderella team that makes a run and shocks the world, but I don’t think anybody is that surprised this year. Just goes to show you never really know what to expect.
Here’s what I’ve been reading this morning:
‘Always Assuming Average Returns Causes Mistakes’ – Mullooly Asset Podcast
- On this week’s podcast, Tom and Casey discuss the mistakes that are likely to happen if you expect average returns from the stock market each and every year. If you expect a smooth ride from the stock market, we’ve got bad news for you. The guys discuss performance chasing, sequence of return risk and how to handle short-term noise while not losing sight of your long-term goals.
‘The Narrative Vortex’ – Michael Batnick – The Irrelevant Investor
- The narrative around the stock market and the economy at large seems to be shifting so far in 2023. Michael explains why people may not be assuming a recession this year after all.
‘5 Numbers That Will Tell Us How the U.S. Economy Does This Year’ – Ben Carlson – A Wealth of Common Sense
- There are plenty of economic numbers to look over each month, but Ben tells us about the 5 specific numbers that can tell the tale of the 2023 in the US. Take a look!
‘Here’s How to Report Roth IRA Conversions on Your Taxes’ – Kate Dore – CNBC
- Roth conversions are often an enticing idea for a lot of households. While it seems like a good idea and a nice tactic in certain years, it’s incredibly important to report the conversion correctly on your tax return. This article explains how to do that.