As the Summer of 2024 draws to a close, investors are looking to the jobs market for clues on how much the economy might begin to slow. Lower interest rates now seem imminent. The question that remains is how much the Fed will end up cutting rates – and how soon now that the inflation dragon seems to be slowly backing into its cave.
That may clear the stage for nine intense weeks of presidential politics as the candidates weigh in on several key economic issues: the future of Social Security, jobs growth, rampant government spending, the federal debt, and of course, tax rates.
Should be an interesting autumn, don’t you think?
The Federal Reserve seems likely to lower a key lending rate this month – but this money manager claims it’s all just a game. (Reading time: 4 minutes)
New research shows that investing in stocks after they’ve been removed from major indexes has been a hugely successful strategy over time. (Reading time: 2 minutes)
He’s been consistently dead-wrong in his economic and market predictions for decades – but somehow people keep buying his books. (Reading time: 2 minutes)
One of the best ways to save on taxes is to decide what to do while there’s still time left in the year to take action. Our planning worksheet should help. (Reading time: 1 minute)
Americans have more money in traditional IRAs than any time in recent history – which could lead to bigger RMDs, tax bills, and Medicare premiums. (Reading time: 3 minutes)
New research says almost all of us should wait until at least age 65 to claim Social Security – and 90% should wait until age 70. (Reading time: 3 minutes)
If you’d rather play around with the numbers yourself, these online resources could make it easier to explore your options. (Reading time: 6 minutes)
Why do 90% of life insurance policies terminate without paying a death benefit? What to do with your policy if you no longer need it. (Reading time: 6 minutes)
A long read – but full of good ideas for cutting one of the biggest costs retirees face. (Reading time: 9 minutes)
These 10 companies give free samples of their products and services – just for the asking. And who doesn’t like free stuff? (Reading time: 4 minutes)
Words to the Wise
“Interest rates are to asset prices as gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.”
– Warren Buffett
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