The latest upturn in the markets may not last long. Liz Ann Sonders and her team at Schwab caution investors to pay attention to the underlying data rather than the positive vibes of the moment. They describe how you can prepare for a market pullback. If your income is too high for a Roth IRA, there are still tax-saving strategies you can use. Schwab’s Personal Finance & Planning offers the details. Ben Bernanke’s comments about our aging population have stoked fears about economic stagnation. But are his observations fair, or do they feed into myths? Chris Farrell of MarketWatch shows why age is just a data point and debunks 10 myths about it.
Schwab Market Perspective: Market Madness? — U.S. stocks resumed their uptrend after a short respite, but with the economy slowing, the yield curve inverted, and earnings likely negative for at least the first quarter, the risk of a pullback appears elevated. Read more…
Income Too High For A Roth IRA? Try These Alternatives — High earners may have a variety of options for saving for retirement—but income limits mean that direct contributions to Roth IRAs may not be among them. This is unfortunate because Roth IRAs offer tax-free earnings growth and withdrawals in retirement, making them a potentially valuable part of a broader investing and tax-planning strategy. Here are some alternative strategies to consider. Read more…
10 Common Myths About An Aging Population And How It Affects The Economy — When Ben Bernanke was chair of the Federal Reserve Board, he predicted that among the many forces shaping the economy and society “in all likelihood no single factor will have as pervasive an effect as the aging of our population.” Chris Farrell of MarketWatch says this feeds into myths about aging. He then debunks 10 of them. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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