Welcome to Journal Club 04-12-24!
Every week, I host a JOURNAL CLUB where I sift through articles that have impacted my life. Here are a few that caught my eye this week. Stay safe and be well!
Understanding the ins and outs of Roth investments like Backdoor Roth IRAs, Mega Backdoor Roth contributions, and Roth conversions can be complicated. To help shed light on these topics, The White Coat Investor has written an informative piece titled Roth IRAs, Conversions, and Backdoor Contributions. It’s definitely worth a read!
With CD rates on the rise, many investors are turning back to cash instruments like Certificates of Deposit. But does this mean it’s time to consider investing in bonds? Financial Success MD explores the pros and cons of cash, bonds, and stocks in the current economic climate in their article Stocks, Bonds, or 5% CDs: What’s Best for You?.
Our mindset can have a significant impact on our wealth accumulation. Five Year FIRE Escape delves into the concepts of optimism and pessimism in financial decision-making and introduces the idea of “optimistic pessimism” in their article Optimism vs. Pessimism. How Each Will Impact Your Next Investment.
It’s always valuable to learn from the experiences of others. Afford Anything shares three compelling stories that offer insightful life lessons in their post What Do Charlie Munger, Taylor Swift, and a NASA Astronaut Have in Common?.
Have you come across any interesting articles lately? Feel free to share them in the comments below!
Thanks for reading and sharing,
Peter