If you’re a New York Mets fan reading this, say it with me: WOW! If you missed it, go check out the 9th inning of the Mets-Phillies game last night. And ALSO in case you missed it, there was a new LWM Blog post yesterday! It’s linked below.
Here’s what I’ve been reading this morning:
‘Tax Credits vs. Tax Deductions’ – Living With Money
- You’ve certainly heard the terms before, but what is the difference between a tax credit and a tax deduction? Is one more valuable than the other? Are they the same thing? I break it down in the latest LWM post.
‘This is Why You Dollar-Cost Average’ – Casey Mullooly – Mullooly Asset Management
- Big stock market moves can tempt investors into “waiting for the dust to settle” before investing. In our experience, the dust never settles. Dollar-cost averaging is one way to take the guess work out of investing and continue to invest no matter what.
‘Is 75/25 the New 60/40?’ – Ben Carlson – A Wealth of Common Sense
- Volatility is a big part of the game when it comes to making money in the market. If you want returns, you have to risk. Ben writes about the difference between a 60/40 portfolio and a 75/25 portfolio, and the added risk/reward that comes with it.
‘This is Where Dragons Lurk’ – Michael Batnick – The Irrelevant Investor
- Though it might seem obvious, Michael writes about how bad things happen in bad markets. We’re in a tough market at the moment, and it’s important to keep emotions in check before making rash decisions.