Journal Club 11-25-22 – Passive Income MD

Journal Club 11-25-22 – Passive Income MD

Here’s Journal Club 11-25-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Did you know there are major changes happening to the tax brackets, standard deductions, and retirement account contribution limits in 2023? It’s essential for every taxpayer to understand how taxes work so you can better manage your finances. According to The White Coat Investor, most people overestimate how much they pay in taxes. To offer some clarity, the author talks more about the new tax policies in the article – How Tax Brackets Work for 2023.
  • We’ve all heard that it’s important to keep investing consistently through all the economic cycles. But often, investing is risky, and the fear is real during bear markets. Per the Monevator, the key to confronting a bear market is understanding how it works and knowing your options. The author also recommends staying invested and sharing valuable tips for doing so in the article – Bear markets: how long they last and how to invest during one.
  • Do you wish you had saved more money when you were younger? Many would answer ‘yes’ to that question. Most people know they should be saving and investing more but are unable to do it. What do you think is stopping them? According to the Banker on FIRE, “it’s just hard to get started, especially the whole concept of putting away money to feel good about it at some point in the future,” may be challenging to follow. So, to overcome this obstacle, the author shares beneficial tips in the article – The Fastest Way To Save 100k.
  • Historically, the 60% stocks and 40% bonds portfolio has been a powerful and popular asset allocation strategy. That’s because, during a market crash, bonds generally don’t decline and may even rise sometimes. But this year has been different, equally affecting the bonds. So, what does this mean? The author Of Dollars And Data takes a closer look at this trend and shares key points in the article – How the 60/40 Portfolio Makes A Comeback.

Read any interesting articles? We’d love it if you could please take a moment to share them in the comments below!

Thank you for reading and sharing,

Peter

Disclaimer: The topics presented in this article are provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.