Jonathan Clements | July 26, 2017
EVERY MONTH, I revise a slew of pages in HumbleDollar’s online money guide. Here are some recent updates:
- Home prices continue to rebound, though they remain just 3.2% above their mid-2006 peak—and houses still look affordable by historical standards.
- U.S. stocks are yielding 1.9%, less than shares in almost any other developed country.
- I updated the page devoted to retirement calculators, dropping some that now require site registration and adding others that don’t. My preference in online calculators: They should be simple but smart—and you shouldn’t have to create a username and password.
- States continue to tweak their estate taxes, with many raising their exemptions so they’re more in line with the federal government’s $5.49 million.
- The federal government boosted the student loan interest rate for the 2017-18 academic year, with Stafford loans now charging 4.45%.
- I revised the page devoted to one-fund portfolio solutions, including adding Charles Schwab’s relatively new target-date index funds, which charge a slim 0.08% a year and have no investment minimum.
- If you haven’t already, check out the money guide’s five new know thyself sections, which touch on overconfidence, loss aversion and our perennial dissatisfaction.
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