Welcome to the first trading day of May 2021! Memorial Day weekend is right around the corner, and then summer is in full swing. We’re closing in on about 6 weeks past the one year anniversary of the market bottom in 2020, and it’s been pretty much smooth sailing ever since. Let’s see if summer 2021 can continue that trend.
Here’s what I’ve been reading this morning:
- There are some pretty obvious benefits to paying off your mortgage. Your monthly expenses go down considerably, and in retirement that can make things easier. But there are some considerations to take into account on the opposite side of this argument.
- Personal finance experts everywhere will tell you that owning your car is far superior to leasing your car. However, Ben shares reasons why he actually leases his car in this post. He then discusses the case for owning and the case for leasing.
- According to Jason, bear markets haven’t gone extinct – but they’ve turned into teddy bears. Jason writes about what happens to investors when they lose that fear of a really nasty bear market.
- One late-blooming economic side effect of the pandemic is a growing global shortage of computer chips. This shortage has started to impact the car industry and other technology companies across the globe. So what does this actually mean for those semiconductor stocks and the economy in general?