It’s been a volatile week in the stock market, lots of ups and downs, but we’ve made it to Friday. Let’s see how the final trading day of the week shakes out, and we’ll see you all next week!
Here’s what I’ve been reading this morning:
‘How to Avoid a Tax Bomb When Selling Your Home’ – Kate Dore – CNBC
- We’ve all seen the spikes in housing prices during the pandemic, and this could impact how much you pay in capital gains tax when you sell your home. This article outlines the exclusions we all can utilize and other ways to avoid big tax hits.
‘U.S. Added Just 210,000 Jobs in November’ – David Harrison – The Wall Street Journal
- The jobs report for November came out this morning. While the number of jobs added was less than expected, the unemployment rate fell back down to pre-pandemic levels.
‘Leaving a Job? What to Do So You Don’t Misplace Retirement Savings’ – Carmen Reinicke – CNBC
- There has been plenty of turnover in the workforce lately. Whether taking time off, or starting a new job, don’t forget about the retirement accounts you have at your old job! This article outlines how to not misplace those savings.
‘This is Why You Don’t Run Off and Join the Circus’ – Josh Brown – The Reformed Broker
- The new COVID variant has markets feeling some volatility again. Josh reminds folks that this is why you don’t “run off and join the circus”, and shift out of your bond allocations for high growth during ‘good times’. He reminds everyone of the importance of treasury bonds and other fixed income.