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In Case You Missed It: Best of Summer 2024
The article highlights the five most popular newsletter topics as summer ends, focusing on employee benefits, retirement planning, job searching, remote work culture, and the use of AI for lead research. These insights aim to help readers enhance their professional and personal lives, with more content expected in the fall.
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What’s a “Boglehead” & More about Passive Investing
In recent times, small-cap stocks have surged, highlighting the short-term unpredictability of the market. Embracing the Boglehead philosophy, based on John Bogle’s principles, advocates passive investing through low-cost index funds. This approach prioritizes long-term growth over quick gains, emphasizing simplicity, low expenses, and steadfastness in navigating market fluctuations.
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Beyond Roth: Comparisons to a Traditional IRA & Backdoor Conversions
The Roth IRA offers tax-free retirement savings, while the Traditional IRA allows tax-deductible contributions and tax-deferred growth. The choice between them depends on factors like current and future tax rates. For high earners, the “Backdoor Roth” conversion strategy can provide tax-free retirement income, but careful consideration and professional advice are crucial.