Wealthy people have smart accountants. Observations on a choppy stock market. Were the 1950’s really better than today?
U.S. super-rich pay almost no income tax (BBC News)
The wealthy have more options for lowering income taxes. This is article highlights a few of them. It’s a shorter version of a Propublica article sharing findings from leaked tax returns of the 25 richest Americans.
Turn, turn, turn: Rotations persist (Liz Ann Sonders)
The stock market over the past several months has been choppy. This article has a great chart showing the lack of consistency among different market sectors. How long it will last is anybody’s guess.
Getting the goalpost to stop moving (Morgan Housel)
The wisdom shared in the first paragraph is worth the click.