We Tried to Re-Create JPMorgan’s Mutual Fund Returns and Gave Up – Bloomberg

At the end of April, the IRS announced that their pilot program Direct File went very well by any measure. Now, they’ve announced that the program will be made permanent, and access will be expanded both in terms of available states and tax situations covered. Without exaggeration, I think this is the best development we’ve […]

The default prudent investment strategy these days is essentially a “buy and hold” (or, more precisely, “buy, hold, and rebalance”) strategy with low-cost index funds or ETFs. I’m convinced that a normal, early stage of investment literacy is mentally testing out various ways that somebody could do better than such a strategy: picking winning stocks, […]