It’ll be interesting to see how the markets rebound from yesterday. We saw the biggest drop across the board since the near-term bottom back in June. People calling it another bear market rally are taking victory laps, while the perma-bulls are hoping it was just a blip on the way back up.
Here’s what I’ve been reading this morning:
‘Which is Better in Retirement: Higher $ Total or Lower Monthly Expenses?’ – Mullooly Asset Podcast
- In this week’s podcast, Brendan, Tim and Casey debate whether it is better to have more money saved in your retirement accounts or lower monthly expenses. They discuss the pros/cons of each and how these factor into making big decisions in retirement like paying off a mortgage.
‘How Do Retirees Actually Spend Their Money?’ – Nick Maggiulli – Of Dollars and Data
- Nick builds on one of his most recent posts about retirees spending (or NOT spending) down their assets in retirement. He takes a look at how retirees actually spend their money in this post!
‘Investors Return to Stock Funds, Starting to Reverse Recent Exodus’ – Karen Langley – The Wall Street Journal
- After investors pulled money OUT of stock funds in June and July, we are seeing a reversal of that trend here in August. This article looks at what that means for the markets moving forward.
‘Here’s What Investors Need to Know About Single Stock ETFs’ – Kate Dore – CNBC
- To me, the phrase “single stock ETF” is an oxymoron. The main purpose of an ETF is to own a BASKET of different stocks, not one single stock. This article looks at why these ETFs are super risky and inappropriate for most investors.