Personal Finance-credit and borrowing

• Don’t get carried away with Black Friday shopping and fall for those store credit cards. They are NOT a good deal. (Washington Post)
• Will mid-term election results have any impact on student loans? (Forbes)
• We are always warning students about borrowing too much for college, but here are two pieces on a paper coming out in the journal Education Next that suggests some borrowing may help some students succeed. (WSJ and NPR)
• Computer algorithms are less likely than humans to reject Latino and African American borrowers outright, but those algorithms lead to a statistically significant, albeit relatively small, interest premium. It’s all based on “big data.”
  (Washington Post)

Insurance

• Do you live/plan to live near a coast? With the severe storms that appear to be the norm, no longer the exception, maybe you should pay more attention to flood insurance. (NY Times)

Investing/Behavioral Finance

• (Behavioral Value Investor) gives us a cautionary tale about behavioral finance looking back at General Electric investors’ experience over time.
• And another piece on investing and behavior (due diligence versus following tips) with great historical perspective on the role speculators have consistently played over the ages from Jamie Catherwood at medium.com.
• Bloomberg comes to the defense of financial services industry. You decide – Bloomberg or Bogle?

Higher Ed and Careers

• Employers seek people with liberal arts degrees. Looks like it falls to the colleges to help students relate their skills to job requirements for matches to be made. (Inside Higher Ed)

Taxes

• Ready to do some tax planning for 2019? The IRS announced all relevant info. (Forbes)
• IRS is increasing the 401k (403b) investing limits for 2019. (NY Times)

Technology

• This week’s WSJ “Journal Report” covers technology. Here are a couple of the articles I think you might find most interesting:
  • "Inside the New Industrial Revolution" and
  • "Social Media Struggles with its Awkward Adolescence"

• Related to this one is one from the Washington Post about one of the original Instagram crew signing off for good.

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