Have you been staying up to date on the weekly blog posts over on the Mullooly Asset Management website? Every week we post new articles that can help you on your personal finance journey. Be sure to check it out.
Here’s what I’ve been reading this morning:
‘How Recessions Change the Winners in the Stock Market’ – Ben Carlson – A Wealth of Common Sense
- Last year, the largest technology stocks in the market were leading the way, and bringing the indexes with it. Now, they are underperforming but we’re seeing other areas of the market pick up the slack. Ben writes about why that is happening.
‘How Much Should You Worry About Inflation in Retirement?’ – Christine Benz – Morningstar
- Inflation is a worry that has been in the news recently, but how much should a retiree really worry about inflation? Christine breaks it down in her latest post, because it truly does depend on a few factors.
‘If You Play With FIRE, Don’t Get Burned’ – Nick Maggiulli – Of Dollars and Data
- The FIRE movement (financially independent, retire early) gained a lot of popularity over the last few years. Nick tells a few cautionary tales about the potential downfalls of a lifestyle like that. It’s important to consider just what you’re opting in to.
‘Deadline to Contribute to IRAs or HSAs Has Been Moved to May 17th’ – Carmen Reinicke – CNBC
- The IRS had recently moved the tax return filing date for 2020 taxes to May 17th to accommodate for some COVID-19 complications. They have now confirmed that the date to contribute to certain retirement plans will ALSO be May 17th.