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:
- 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.
- 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.
- 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.
- 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.