It’s Wednesday, so that means it’s time for your weekly reminder to check out the Mullooly Asset Management YouTube channel! We have new videos going up every week, so don’t miss out!
Here’s what I’ve been reading this morning:
‘What You Can Do to Prepare Your Finances For a Recession’ – Michelle Fox – CNBC
- Some people say a recession is coming, and some say we may actually already be in one. 74% of consumers are worried about a recession, so this article focuses on things you can do to prepare.
‘Roth IRA’s Can Be Key For Teen Workers in a Hot Summer Job Market’ – Jessica Dickler – CNBC
- Plenty of businesses this summer are looking for employees, and teenagers out there should be chomping at the bit. This article outlines how young workers can take advantage of a Roth IRA with some of their summer earnings to jumpstart their savings.
‘Wisdom is Your Best Asset in a Bear Market’ – Tony Isola – A Teachable Moment
- Markets have been really rough so far in 2022. Making good decisions in a bear market is more valuable than any asset out there. Tony talks about the benefits of wisdom in difficult markets.
‘How Investors Can Avoid Violating ‘Wash Sale’ Rules When Realizing Tax Losses’ – Kate Dore – CNBC
- In an ideal world, you’d never have losses and your investments would always go up. As we’re learning this year in particular, that’s not the case. This article discusses how to avoid a wash sale when moving on from some of your losing investments.
ENJOY!
