On this week’s episode of the Mullooly Asset Show, Tom answered the increasingly popular question: what do I do with my 401(k) now? Check it out here, and have a great weekend!
Here’s what I’ve been reading this morning:
‘Different Dollars, Different Time Horizons’ – Brendan Mullooly – Your Brain On Stocks
- In Brendan’s latest post, he reminds readers that not every dollar in your account has the same time horizon. It’s this piece of mental accounting that can help investors stick with their allocation during tough markets.
‘Happiness is Only a Vacation Destination’ – Tony Isola – A Teachable Moment
- As Tony writes, we as humans are great rationalizers. When we get bad news, we immediately begin rationalizing to make it seem not as bad. The same can often be said for the opposite side of emotions too.
‘No-Fault Recession’ – Blair duQuesnay – The Belle Curve
- The entire world was caught off guard by this virus, and as Blair writes, it’s nobody’s fault for the economic consequences. No one industry caused this to happen, and while it’s easy to try and blame certain people, it’s not that cut and dry.
‘What Could Cause Another Leg Down in the Stock Market?’ – Ben Carlson – A Wealth of Common Sense
- The stock market has rebounded in a historic way despite the looming economic data. Ben writes about what could cause another drop in the market, and also takes a look at which stocks in the market currently carry the most weight.
ENJOY!
