Wealth and Wisdom: Week of January 18, 2021
Wealth and Wisdom: Week of January 18, 2021
Breaking news: We now have a blog! You can access it here. In addition to back issues of Wealth and Wisdom, I will pass along some additional thoughts, observations, and advice from time to time. And I’ll try to include a reminder here whenever we update it.
Now let me apologize, dear reader – for the feast of good information I’m laying out before you this week. Each new year typically brings out some exceptional articles that often tend to run a little long. My advice to you is to pick them off one-by-one when you have enough time to give them the consideration they deserve.
Remember, finding just one good idea each week from reading Wealth and Wisdom could provide a lifelong return on the time you invest.
Good hunting – see you next week!
What’s in store for the markets?
My firm’s strategists believe 2021 could be another good one for equities – but there are several things that could get in the way. (Reading time: 4 minutes)
Tax hikes could be on the way
The only question is when they will take effect – and who will be impacted. (Reading time: 3 minutes)
More predictions for 2021
Low interest rates, stable dividends, and investor still chasing yesterday’s winners. (Reading time: 4 minutes)
Your 2021 Financial To-Do List
Rather than reading straight through, you might just want to print out this list of projects to consider over the next 12 months. (Reading time: 14 minutes)
More ways to shore up your finances
21 tips for spending less and saving more this year. (Reading time: 8 minutes)
Savers resist raiding their 401(k)s
The CARES Act temporarily allowed retirement savers to take money out of their accounts to survive the pandemic – but most didn’t do it. (Reading time: 4 minutes)
Some good news for Social Security
Fund balances actually grew in 2020, despite a huge economic shock. (Reading time: 4 minutes)
Seniors are digging deeper into debt
This is a scary trend – and another good reason to keep borrowing under control at every stage of your life. (Reading time: 3 minutes)
A wealth of timeless investment advice
One of the best pieces I’ve read in years, chock full of investment wisdom. Take your time with this. (Reading time: 9 minutes)
Mike’s Pro Tip of the Week
The pandemic has given us all time to see how we spend – and often waste – money. It’s time to consider making some of your temporary spending cuts permanent. Here’s how to do it.
Words to the Wise
“A goal without a plan is just a wish.”
– Antoine de Saint-Exupery
The Mike Brown Financial Group nor its employees provide tax and legal advice. Please consult your tax and legal advisors regarding your personal circumstances.