Plenish

Bonds are paying their highest yield in a decade. The portfolio that would give 6.5% yield in 2015 would be 80% stock/20% bond now it is 35% stock/65% bond. A lot of investors have poured money into bonds in recent weeks! wsj.com/articles/bonds-over-…

Got a student loan? POTUS’s plan puts most loans into a revised Income-Driven Repayment plan: (i) Lowers min payments to 5% of income for undergrad loans (from 10%), (ii) No payments if you make <$15/hr (iii) If your balances <$12,000, it can be wiped out after 10yrs of payments

New changes are coming to 401(k) and IRA accounts following the Secure 2.0 Act

As rates are rising it’s good to take advantage of some of the higher yielding savings accounts. But don’t assume your current savings account gives the higher rate to you automatically. Sometimes you have to ask your financial institution and actively make the change.

Fun fact to start the year: as markets have been more volatile, more people have sought investments in alternative assets like fine wine and art. Here is another niche market that is growing in value: Lego Investing. wsj.com/livecoverage/stock-m…

Why you should avoid single stock ETFs: bloomberg.com/opinion/articl…

According to Sesame Credit's recent survey, twice as many people are spending >90% of their paycheck for monthly expenses compared to 2021.

Be ready for a busy and interesting set of earning reports on Tuesday (7/26): Alphabet ($GOOGL), Microsoft ($MSFT), General Motors, Albertsons, Coca-Cola, McDonald's, Visa, and General Electric; a snapshot of the health of several different sectors of economy

While the headline inflation number showed an acceleration to 9.1%, for items excluding energy and food, the inflation slightly slowed down to 5.9%. Studies also show that around 15-20% of a price increase in fuel cost flows into food prices. #inflation #cpi #usinflation

Having access to the right financial advice is important in building and maintaining wealth. High income households have ~3X more access to financial advice - During current crypto market downturn, lower income households have been significantly more exposed:

"We probably could have done a lot of the financial work ourselves. But with life coming at us so fast nowadays, we don’t think we’d have dealt with our finances as effectively without Arthur’s help." bit.ly/3aoEEKP

"One in 10 U.S. homes sold in the first quarter of 2022 was "flipped" — or bought-and-sold within a year by an arms-length buyer — the highest level since 2000." (Axios) bit.ly/3R7bIaZ

"America was built on courage, on imagination and an unbeatable determination." -Harry S. Truman Happy 4th of July to all! #independenceday2022 #July4th

Many people whose credit scores have been impacted by medical debt, can see their scores improve effective July 1st:

If medical debt hurts your credit score, it can change today - Equifax, Transunion, and Experian will (i) remove paid claims immediately, vs 7yrs in past, (ii) reflect a medical debt collection only if unpaid for 1y, (iii) (starting 2023) ignore medical debts <$500 #GoodNews