Aug 10, 2018

What I'm Reading This Weekend (August 11-12)

Personal finance

  • Banks and credit unions are talking about providing financial education as a competitive “weapon.” Is this good or bad?
  • Buying a car? Here is a quick video reminder of warning signs indicating you should walk away.

Parenting, Teens, and College

Economics and Investing

  • Wondering when the good economic news might turn in the other directions? This NY Times article looks at what may trigger the next recession.
  • A good companion to the NY Times piece is this blog from the Irrelevant Investor showing market trends over time….great for you quants out there.
  • Is the stock market really shrinking? Again, the NY Times has an answer for you.
  • We’ve heard it repeatedly, and this Wisconsin College listened: Stick to index funds!!! Many of you likely saw this article in a social media feed this week about how their endowment killed it with this investment strategy.

Older Americans and Retirement

“The rate of people 65 and older filing for bankruptcy is three times what it was in 1991…”

 

Technology

  • Do you want to see your bank balance when you go to FB messenger? CNBC talking heads discuss Facebook’s financials and future in this video.
  • Beware of connecting your phone to a rental car via Bluetooth! I caught this tidbit in the local (Cleveland) money advisor column on Sunday.

Chart of the Week

Screen Shot 2018-08-09 at 9.36.19 AM

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