Wealth and Wisdom: Week of May 12, 2025
- Mike Brown
- 3 days ago
- 3 min read
At the end of this year, the greatest investor the world has ever known will officially retire from his day job – at the age of 95. It’s trite and a little presumptuous when those of us who manage investments for a living talk about how Warren Buffett has influenced our thinking and careers – but suffice it to say we are all sitting in the shade of a tree this man planted more than six decades ago. Thank you, Mr. Buffett.
Morningstar has compiled a list of books for people who want to retire by design – instead of by default. (Reading time: 4 minutes)
Higher tariffs could mean higher prices for everyone – but new research says the biggest impact will likely be on those who can least afford it. (Reading time: 3 minutes)
Some people claim “we don’t make anything here anymore.” These three statistics prove them wrong – and explain why they feel that way. (Reading time: 2 minutes)
Imagine the killing you could make if you got your newspaper 36 hours in advance. Then imagine being woefully disappointed. (Reading time: 3 minutes)
Traders think of Wall Street as one big casino. But investors understand how to stack the odds in their favor. (Reading time: 4 minutes)
Falling stock prices can help you convert more of your traditional IRA to a Roth without paying more in taxes. Just think about these things first. (Reading time: 3 minutes)
Typically a good idea – but not always the best financial decision you can make. (Reading time: 4 minutes)
Social Security offers retirement income to spouses who might not qualify for the same benefits on their own. Four things to know. (Reading time: 3 minutes)
Asset-based long-term care insurance allows you to tap annuities and life insurance policies to pay for care – with some special advantages. (Reading time: 3 minutes)
These two-dozen resources can save you time and money when you’re ready to hit the road this summer. (Reading time: 6 minutes)
Words to the Wise
“Someone's sitting in the shade today because someone planted a tree a long time ago.”
– Warren Buffett
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