Curated Links: 12/18/23

A Few Tax Moves to Make by New Year’s Eve

Year-end is not only the season for holiday festivities. It’s also a good time to consider strategic moves to help optimize your tax situation. Taking advantage of various tax-saving opportunities before Dec. 31 can lower your tax liability and help you keep more of your hard-earned money.

Why indexing and private markets are considered to be the biggest disrupters of the past 50 years

The rise of index funds and, more recently, private markets investments have been key disrupters in the story of U.S. retirement savings that Pensions & Investments has been covering over the past 50 years.

A Few Laws of Getting Rich

There are a million ways to get rich, most of which involve exploiting specific niches and one-off opportunities, to say nothing of luck. Universal rules about how to get rich are hard to come by. But losing money, or losing happiness when you have money, or becoming a slave to your money – those stories tend to have common denominators. They are so common you can call them laws.

The Truth is Always Made of Details

Looking closer always reveals more, and it’s often not what you’d expect. Archie Andrews’s orange hair (in the comics anyway) is actually rows of printed red dots. The tops of your knuckles have miniscule lines that make diamonds and triangles. Sand, examined on your fingertips, is made of a few distinct types of grains, none of which are quite the color of “sand.”

Need more money? Not earning to your potential? There’s always another way to make money.

In today’s world, many people find themselves in jobs that might not resonate with their true passions. But given the amount of joy we can derive from work in addition to the time spent doing it, the work we choose to do is one of the most important decisions we can make with our lives.

Wealth Is More Than Money: Non-Financial Capital Creates Total Family Wealth

Family relationships can be deep and long-standing if they are based on trust, mutual understanding, and a willingness to compromise and make decisions together. When the family leadership recognizes, supports and utilizes each family member’s unique talents, they add great value to the family enterprise and create a high-performing family team.

8 Tax-Loss Harvesting Tips for 2024

While it will likely be hard for investors to harvest the same degree of losses in either 2023 or 2024 as they managed in 2022 (and that’s a good thing for portfolios), tax-loss harvesting has nonetheless been an important consideration this year, and experts anticipate the same for 2024.