Memorial Day Weekend is coming up, and it’s just a very exciting time. Summer 2021 promises much of what last year took away from us, and the return to normalcy is getting closer and closer each day. Let’s make it a great week!
Here’s what I’ve been reading this morning:
‘Teenagers with Investment Accounts: Good or Bad?’ – Mullooly Asset Podcast
- In recent news from Fidelity, they will begin offering investment accounts to teenagers (with parental approval). In this podcast, the guys discuss if that is a good or bad idea. They also discuss target date funds, and keeping your cool trying to buy a house in this crazy market. Tune in!
‘Last Year vs. This Year in the Markets’ – Ben Carlson – A Wealth of Common Sense
- I think we’ll be studying the markets of 2020 for a long time to come. Ben takes a look at the recent comparison of last year’s market to this year’s market to see how they are similar/different.
‘The Optimal Amount of Hassle’ – Morgan Housel – Collaborative Fund
- As Morgan writes, we live in an imperfect world and it’s necessary to see and call out some of the BS that happens on a daily basis. But how much BS is too much, or too little? Morgan tries to find the optimal amount in his latest post.
‘New Teen Investing Accounts May Deliver a Surprise Tax Bill’ – Kate Dore – CNBC
- We discussed this on the podcast above, but with Fidelity’s new teen investing accounts comes new wrinkles to the tax discussion. This article looks at how teens trading stocks could present a tax surprise to their parents.
ENJOY!
