Are you making your stock market losses worse? Panic and greed can do that, as Liz Ann Sonders of Schwab explains. Market ups and downs don’t usually reflect our economy. But the author of Axios Markets says this week’s sell-off could be predictive. If you’re self-employed, you may be missing some tax breaks. Rocky Mengle and Kevin McCormally of Kiplinger list seven ways to lower your tax bill.
Panic Is Not A Strategy — Nor Is Greed — If markets are good at one thing, it’s reminding investors that stock prices don’t simply go up, uninterrupted, forever. Markets do drop. Bear markets arrive. That’s an unavoidable part of investing. What matters is how you respond. Read more…
What The Stock Market Is Saying About The Economy — In isolation, the meanderings of the stock market don’t tell you a lot about the economy. But the official arrival of a bear market comes along with a Fed intent on raising rates fast and a historic energy shock. Taken together, it all adds to evidence suggesting the next year is going to be a tough one for the U.S. economy. Read more…
Most-Overlooked Tax Deductions And Credits For The Self-Employed — When it comes to tax breaks, sometimes the hardest part is simply figuring out which ones you can claim on your tax return and which ones you can’t. With that in mind, if you’re self-employed, check out these seven often missed ways to make the tax laws work for you. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller