Tag: Banking

Scared of stocks? Most investors are too conservative with their retirement plans.

Posted on By admin No Comments on Scared of stocks? Most investors are too conservative with their retirement plans.

Investing conservatively is understandable, especially considering the uncertainty around the stock market and worrying about making your money stretch through a period of high inflation, but many investors are falling below the recommended amount of stocks in their portfolios, which could hurt their savings prospects later in life. The market is giving everyone a roller-coaster…

Read More “Scared of stocks? Most investors are too conservative with their retirement plans.” »

Investment

‘The key is not to be paralyzed by fear.’ Now is the time to be proactive before higher rates show up on your credit card bills.

Posted on By admin No Comments on ‘The key is not to be paralyzed by fear.’ Now is the time to be proactive before higher rates show up on your credit card bills.

Credit card debt can be difficult to manage even in the best of times, but increasingly high interest rates are adding to that challenge. In June, the Federal Reserve announced a 0.75% increase to the federal funds rate – its largest hike in almost 30 years. Increases to this rate tend to make borrowing more…

Read More “‘The key is not to be paralyzed by fear.’ Now is the time to be proactive before higher rates show up on your credit card bills.” »

Investment

Bitcoin to record the worst first half of a year in history. Here’s what to watch in crypto for the second half.

Posted on By admin No Comments on Bitcoin to record the worst first half of a year in history. Here’s what to watch in crypto for the second half.

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email…

Read More “Bitcoin to record the worst first half of a year in history. Here’s what to watch in crypto for the second half.” »

Investment

Energy leads commodities surge with oil up roughly 50% in first half of 2022

Posted on By admin No Comments on Energy leads commodities surge with oil up roughly 50% in first half of 2022

Commodities have performed well so far this year, buoyed by strength in oil on the back of tight supplies, but worries that the economy is headed for a recession has fed losses among the industrial metals. In Thursday dealings, the S&P Goldman Sachs Commodity index XX: SPGSCI trades more than 30% higher so far this…

Read More “Energy leads commodities surge with oil up roughly 50% in first half of 2022” »

Investment

Dow down more than 500 points as brutal first half comes to close

Posted on By admin No Comments on Dow down more than 500 points as brutal first half comes to close

US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. Dow Jones Industrial Average fell 509 points, or…

Read More “Dow down more than 500 points as brutal first half comes to close” »

Investment

The rational approach you can take when a friend or family member owes you money

Posted on By admin No Comments on The rational approach you can take when a friend or family member owes you money

Your sibling asked you to cover their rent for a couple of months while they were between jobs. Or maybe you loaned a friend a few hundred bucks for a car repair they couldn’t afford. You’d do anything to help those you love. And you did. But what should you do when they don’t pay…

Read More “The rational approach you can take when a friend or family member owes you money” »

Investment

First Wall Street bank to call a US recession now sees a chance that inflation fails to decelerate

Posted on By admin No Comments on First Wall Street bank to call a US recession now sees a chance that inflation fails to decelerate

Deutsche Bank, the first major bank to predict a US recession in the current inflationary era, now sees a chance that price gains won’t come off nearly as much as forecasters or Federal Reserve policy makers think they will. Deutsche Bank DB, -2.61% Macro strategist Tim Wessel said in a phone interview on Wednesday that…

Read More “First Wall Street bank to call a US recession now sees a chance that inflation fails to decelerate” »

Investment

This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.

Posted on By admin No Comments on This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.

Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. Altfest founded Altfest Personal Wealth Management in 1983 after working as a general partner and director of research Lord Abbett & Co. Before that, he was an analyst for several…

Read More “This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.” »

Investment

Millions of Californians will get ‘inflation relief’ of up to $ 1,050. Here are the other states giving residents direct cash payments

Posted on By admin No Comments on Millions of Californians will get ‘inflation relief’ of up to $ 1,050. Here are the other states giving residents direct cash payments

Now, in a sign of the economy’s changing headwinds, direct checks are being billed as a way to soften inflation’s bite. But instead of the federal government issuing payments, a growing number of states are cutting checks made possible by budget surpluses. California is the latest state to join the ranks of more than 10…

Read More “Millions of Californians will get ‘inflation relief’ of up to $ 1,050. Here are the other states giving residents direct cash payments” »

Investment

My friend spends a couple of days a week at my house cleaning, cooking and caring for my child. We both work remotely. I pay her $ 100. Am I taking advantage of her?

Posted on By admin No Comments on My friend spends a couple of days a week at my house cleaning, cooking and caring for my child. We both work remotely. I pay her $ 100. Am I taking advantage of her?

I’m a working-from-home mom and my supervisors have no intentions of bringing me back to the office at this time. In order to actually get work done, I have pieced together childcare using the help of family and friends. I have one friend who has really gone above and beyond to adjust her own flexible…

Read More “My friend spends a couple of days a week at my house cleaning, cooking and caring for my child. We both work remotely. I pay her $ 100. Am I taking advantage of her?” »

Investment