We’re back after a long President’s Day weekend! Pitchers and catchers for the Mets report to Florida for spring training tomorrow, and we’re expecting another 3-5 inches of snow on Thursday, so it’s safe to say we’re at that point of the winter where we’re all OVER IT. Bring on the spring time!
Here’s what I’ve been reading this morning:
- Day trading has become a “hobby” for a lot of folks. However, there are tax ramifications that come along with trading that people may not be anticipating. In this podcast, Tom and I discuss the importance of asset location and understanding tax consequences of trading.
- Market cycles seem to be moving faster than ever in today’s environment. Michael writes about the high yield bond market and how people are piling in even with rates at low levels.
- Most people have experienced, or heard about, the rise in college tuition prices over the last decade. But have they really risen as much as people think? Ben offers some interesting insight into the price of college in his latest post.
- Recalling a story of applying to Stanford and how he doubled his chances of getting in, Nick writes about base rates. Learning to respect the base rate and increasing your probability of success is extremely powerful.