Here is the Journal Club 02-03-23! Every week I have one NEWSPAPERS CLUB. After filtering the articles on the web, I present some that impacted my life this week. Be safe and stay well!

• If you invest in any of the conventional retirement accounts, you know you can’t access your money until you’re 59.5. Well, at least you’re not free of penalties unless you qualify for certain exceptions. Although this rule is implemented for your own protection, it can sometimes discourage people from investing in them. But there is a way around it, and The white coat investor talk more about it in the article – Exceed the 10% early withdrawal penalty.

• “Set up an emergency fund before you think about investing”, sounds familiar? If you’re new to investing, this is the most common advice you’ll hear from anyone you talk to…but why? The financial twins explain this important concept and the steps you can take to secure your finances in the article: You need an emergency fund now: here’s why.

• Generally speaking, having a good mix of stocks and bonds is essential to building a strong portfolio. However, when looking at past performance, investing in bonds alone may not be enough. The author of monevador makes this critical observation and shares tips for building a well-rounded portfolio in the article: Why a diversified portfolio needs more than just bonds.

• As investors, it’s always exciting and encouraging to watch other investors tackle debt, increase their net worth, implement financial strategies to achieve their goals, etc. With that spirit, Dr. Give it back offers a sneak peek of his financial journey so far in the post: Checkup – December 2022 + Financial Goals for 2023.

Did you read any interesting article? We’d love for you to take a moment to share them in the comments below!

Thanks for reading and sharing,

Pedro

Disclaimer: The topic presented in this article is provided as general information and educational purposes. It is not a substitute for professional advice. Therefore, before acting, consult your team of professionals.