Do you guys like roller-coasters? Well, the market yesterday before, during, and after Jay Powell’s speech sure was quite the ride! Started out down, then up, then down, and finished back up. For long-term investors, this kind of intraday noise can be the most difficult distraction to avoid. But do your best!
Here’s what I’ve been reading this morning:
‘Entertainment vs. Investing’ – Ben Carlson – A Wealth of Common Sense
- After a great article in the Wall Street Journal, Ben writes about long-term successful investing. It shouldn’t be treated like a casino, and it shouldn’t be entertaining.
‘Roth IRA ‘Five Year Rule’ Can Trigger an Unexpected Tax Bill’ – Greg Iacurci – CNBC
- Roth IRA’s are a great way to potentially have tax-free investment earnings and distributions in retirement. However, there’s a five-year rule that some may not know about. This article breaks down what that rule is and how to avoid it.
‘Ep. 85: What’s the Right Way to Measure Yield?’ – Peter Lazaroff – The Long Term Investor
- Yield: something people haven’t really needed to worry a whole lot about for a while. However, with rates rising, yields have risen too and it’s important to know how to calculate the yield in your accounts. Peter breaks it down in this podcast.
‘Risk-Free Annual Returns of 50%’ – Barry Ritholtz – The Big Picture
- In this post, Barry warns his readers of things that seem too good to be true. Promises of risk-free annual returns of 50% fall into that bucket for sure. He explains why you should never confuse risk-free returns with return-free risks.
ENJOY!
