As we cruise into the middle of this week, and the middle of July, it’s a last minute reminder today is Tax Day! If you haven’t filed your 2019 taxes yet, you only have a few hours left to go. Better late than never, right?
Here’s what I’ve been reading this morning:
- Pointing to the Kuwait market bubble in the 1980’s, and China’s market today, Ben illustrates how it’s easy to start a bull market. The more difficult part is preventing a bear market once that bull market is over.
‘What Risk Isn’t’ – Nick Maggiulli – Of Dollars and Data
- In this post, Nick takes a look at what risk is, and more importantly, what it isn’t. In the investment industry, risk is sometimes a synonym for volatility, but Nick argues that they’re aren’t the same thing at all.
‘No Emergency Fund? 7 Ways to Play Financial Defense’ – Conor Richardson – Fox Business
- Having an emergency fund is crucial for tough times like this. If you didn’t have an emergency fund before the pandemic, it may have been hard to build one after the fact. Conor offers seven ways to make up for a lack of emergency fund in his latest post.
‘Stop Worrying, and Learn to Love the Bear’ – Jason Zweig – The Wall Street Journal
- Last week, Jason linked back to his very first blog post at The Wall Street Journal. Though it was written in 2008, if you interchange some dates and numbers, this post could have been used in a number of instances since.
ENJOY!