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July’s Updates

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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