Jonathan Clements | June 1, 2021
FORGET THE PANDEMIC, bitcoin, inflation and other topics that were supposedly on the minds of investors. Last month, it seems HumbleDollar’s readers were more interested in the nuts and bolts of personal finance—buying the right insurance, managing taxes, getting organized, investing cash. Here are May’s seven most popular articles:
- “I typically keep enough cash to finance our normal expenditures for at least six years,” writes Andrew Forsythe. “In fact, with the current bubbly stock market, I’m above that level.”
- Yes, if you expect your tax bracket to be higher once you’re retired, a Roth conversion can be a smart move. But as Adam Grossman explains, converting also offers four other key benefits.
- Rick Connor and his wife just retired to the Jersey Shore. Sound appealing? Rick offers four tips for those looking to downsize.
- Worried about getting sued? Adam Grossman makes the case for buying umbrella liability insurance—and talks about how to pick the right policy.
- “If you’re like me, you’re always looking for ways to make your life less stressful,” writes Dennis Friedman. “Here’s one thing you can do with your money that can be a big help: Organize and consolidate.”
- “Bonds shouldn’t be viewed as the same as cash,” writes David Powell. “Both can be a good diversifier for stocks—and bonds are often better—but cash investments are the place for money you’ll need soon.”
- Remember the three-legged retirement stool? Phil Kernen says it’s time to revive and revise the idea—with a focus on ensuring tax flexibility in retirement.
What about our weekly newsletters? Last month’s two best read were Built for Ease and Not So Different. Meanwhile, the most popular Voices questions asked about how to get a good deal on a car and where to stash money you’ll spend soon. Not sure how to log on so you can comment? Click here.
Jonathan Clements is the founder and editor of HumbleDollar. Follow him on Twitter and on Facebook, and check out his earlier articles.
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