Wednesday Reading List
Best Places to Retire Affordably by Fortune
Fortune ranked the top 25 best places to retire factoring in health care, wellness, livability and financial health. There are a few New England downs on the list, but none in Mass.
Is the Two-Year-Old Bull Market 2 Legit 2 Quit? by Charles Schwab Asset Management
This unique bull market is still young relative to history and, for now, supported by relatively healthy breadth and broadening participation.
September CPI: Minor Turbulence by Wells Fargo
The September CPI report was a bit hotter than expected, but according to the team at Wells, doesn’t change the US inflation outlook or their belief that we will see two more 25 bps rate cuts this year.
When Do RMDs Start? 10 RMD Strategies by BottomLineInc
A long-time reader shared this helpful article which highlighted ten things you should know about Required Minimum Distributions.
She’s a Retirement Authority—and Still Made Mistakes. Here’s What She’d Do Differently. by The Wall Street Journal
The Director of Boston College’s Center for Retirement Research shares some financial regrets as she enters into retirement, including not taking more advantage of the Roth bucket and cashing out a retirement account to spend it. On the positive side, being thoughtful about her budget and working longer worked well for her financially.
The Real Deal Economy Q3 2024
In Heritage Financial’s Real Deal Economy quarterly video series Michael Waldron digs into the most recent economic news making headlines and breaks down which data points matter for your investments, and which ones are noise that you can largely ignore. Tune in as Michael summarizes the recent data, portfolio allocations, our expectations for equity and bond markets, and how we are strategically positioning portfolios for the future.
- The end of the Fed’s rate hiking cycle
- Restoring balance in the U.S. labor market
- An update on the stock market and company earnings
- The Magnificent 7 and market concentration
- Why a diversified fixed income portfolio is imperative, especially now
- The value of putting your politics aside when investing for the long-term
Book Recommendation
The Impeachers: The Trial of Andrew Johnson and the Dream of a Just Nation by Brenda Wineapple
“In this superbly lyrical work, Brenda Wineapple has plugged a glaring hole in our historical memory through her vivid and sweeping portrayal of President Andrew Johnson’s 1868 impeachment. She serves up not simply food for thought but a veritable feast of observations on that most trying decision for a democracy: whether to oust a sitting president. Teeming with fiery passions and unforgettable characters, The Impeachers will be devoured by contemporary readers seeking enlightenment on this issue. . . . A landmark study.”— Ron Chernow, Pulitzer Prize–winning author of Grant
Boston Corner
Observations on the Economy, and the Vibrancy of Smaller Cities (Federal Reserve Bank of Boston)
A Boston comedy hotspot reborn
Things to Do in Boston This Weekend
Things to Do This Week in Boston