In this week's Weekly Reads: Simple ways to invest, how Big Chocolate is manipulating us, and a student loan horror story.
I Will Teach You To Be Rich
3 lazy portfolio recipes that make money
There’s no silver bullet to saving for investing (I know, sorry). But there are a lot of things you can do to make saving easy. Personal finance personality extraordinaire Ramit Sethi lists what he calls “lazy portfolio methods”. You should always be active in your investing just to make sure you’re on track with your goals, but automating it as much as possible is a good way to make sure you don’t muck things up too much by, say, panicking when stocks take a downturn.
Dark chocolate is now a health food. Here’s how that happened.
There’s no easy way to put it: Dark chocolate is not the superfood you’ve been led to believe. I know — corporations funding their own research? Exaggerating the health impact of cocoa? Disguising marketing as health science? Crazy. But it’s not entirely the fault of chocolate companies. We, the public, ate it up like so many Hershey bars, desperate to think our guilty pleasure was actually good for us.
The New York Times
A Student Loan Nightmare: The Teacher in the Wrong Payment Plan
Student loan debt is a huge problem in the U.S. But the confusion around student loan debt might be worse. There are different rules for private and public lenders. Some loans are forgiven if you die, some aren’t. And some repayments are worth more than others. Finding out that years of payments don’t count toward your debt forgiveness is one of the worst financial situations you can imagine. College affordability needs to be addressed, but in the meantime we should at least make student loans less of a labyrinthian nightmare.