Here's Journal Club 12/31/21! 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 Capital Gains is one of the significant ways to make money as an investor? And as the name suggests, it's subject to high taxes. In order to maximize your earnings, it's important to understand how capital gains work in the short and long term. For which, The White Coat Investor shares a valuable resource about capital gains in the article – Short-Term vs. Long-Term Capital Gains.
- The FIRE movement has been around for a while now. Today, many of us are interested in learning more about it, either through reading books and blogs, watching videos, or listening to podcasts. I believe listening to podcasts is an effortless way of learning something new or staying up-to-date on any topic while going about your day. For those who enjoy listening to podcasts, Coach Carson offers a great resource to learn more about the FIRE movement in his post – The 12 Best FIRE (Financial Independence, Retire Early) Podcasts.
- Speaking of retirement, Roth IRA is an after-tax investment vehicle created to fund your retirement account. When done right, Roth IRA can be a valuable investment strategy, but not everyone takes advantage of this tax-free investment tool. The author of Smart Money MD highlights the upsides of investing in a Roth IRA in the article – Why a Roth IRA should be considered in every physician household.
- I truly believe having gratitude toward both big and little things in life makes life worthwhile. Being thankful for everything you have can be a great motivator. Lakisha Simmons, the author over at Personal Capital, has similar thoughts and shares her journey to financial independence in the article – How Gratitude Factors into my Financial Life.
That's all for this week! I hope this week's journal club was helpful.
Came across any exciting articles? Please take a moment to drop them in the comments below!
Thank you for reading and sharing!