We link to it quite a bit, but if you haven’t been following along, we post new blog posts on the Mullooly Asset Management website every week! These posts are meant to be informational, educational posts for the every day person trying to navigate their financial lives. Check it out here if you haven’t already.
Here’s what I’ve been reading this morning:
‘Never Go Full Weimar’ – Ben Carlson – A Wealth of Common Sense
- The calls for higher inflation, and even hyperinflation, in the US are starting to pour in. However, comparing what’s to come in the US with the Weimar, Germany situation in the 1920’s is far off base according to Ben. Find out why in his latest post.
‘Why Your Wild Trading Ideas Feel So Right’ – Jason Zweig – The Wall Street Journal
- Your ‘gut feeling’ can be a really powerful thing, especially when it comes to trading. Jason writes about how to ultimately listen to your gut feelings without being ruled completely by them.
‘Tax Season is in Full Swing. So are Tax Scams’ – Greg Iacurci – CNBC
- The tax filing window opened on February 12th, and that once again opened the window for tax scams. These scams usually come from some form of identity fraud, and with the pandemic affecting people’s finances, this year could be even more susceptible to scams.
‘Optimization vs. Optionality’ – Ashby Daniels – Retirement Field Guide
- Since we can’t predict the future, we have to make decisions today based on uncertainty of what’s to come. Ashby writes about the need to optimize your plans to give yourself options in the future, not unreliable “certainty”.