It’s Wednesday so that means it’s time for you weekly reminder to go check out the Mullooly Asset Management YouTube channel! Over 300 episodes of the Mullooly Asset Show are available for your viewing pleasure.
Here’s what I’ve been reading this morning:
‘Should You Die With Zero?’ – Nick Maggiulli – Of Dollars and Data
- People are constantly worried about whether they are saving enough money. However, they rarely stop to ask if they might be saving TOO MUCH. Nick writes about dying with money leftover vs. dying with nothing.
‘Since the Stock Market Bottomed’ – Michael Batnick – The Irrelevant Investor
- It may not feel like it, but the stock market bottomed on June 16th. Whether that is the long-term bottom remains to be seen, but since then many stock have performed really well. Michael shares some stats from the market since that day.
- A new study from Wells Fargo took a look at the best days in the market over the last few decades. This article discusses how difficult timing the market is, and how to make sure you capture those best days in the market.
‘US Inflation Eased Slightly to 8.5% in July’ – Gwynn Guilford – The Wall Street Journal
- The July inflation number was released this morning at 8.5%. While not a significant drop, it holds steady and slightly lower than last month’s new high. While energy costs have been dropping, this article discusses what the lower inflation number means for the economy overall.
ENJOY!
