Pension vs. Social Security: An Overview There are many different types of income that retired folks draw on, depending on what their life was like during their working days. Two of the most widely-known income streams today include pensions and Social Security, two programs funded and structured in totally different ways. Pensions are typically workplace retirement plans, in […]
Read MoreSome people consider “early retirement” to mean leaving the workforce at age 55, but most of us do not take this path. Unless you’re lucky enough to have a full pension and benefits that kick in that early—such as full military retirement or from work as a police officer or firefighter—you’ll probably need to work […]
Read MoreEvery investor wants to see his stocks pay off – or he wouldn’t be in the markets. But finding the right investment, the ‘one’ that will bring profits, no matter what direction the overall markets take, can sometimes be challenging. The two simplest courses of action an investor can take to ensure solid returns are […]
Read MoreThird-quarter earnings season is underway, and one of the most closely watched stocks just presented its scorecard: Tesla Inc. (NASDAQ:TSLA). Tesla reported record-breaking results, beating expectations on EPS and revenue. Though the company’s stock dropped briefly following the report, Tesla has been on a tear ever since, even crossing the $900 mark in early trading […]
Read MoreThe third quarter of 2021 closed on September 30th. The S&P 500 returned 1.4% for the quarter, and eight of eleven S&P 500 sectors posted a positive return. (Note that all returns discussed here are total returns, which include the effect of dividends paid). September was an especially bad month in the markets, with the […]
Read MoreIt’s no stimulus check, but 17 million Americans are missing out on free money The promise of free money is typically pretty alluring. After all, the stimulus checks Congress handed out during the early months of the pandemic were enormously popular, and nearly 3 million people have signed a petition calling for more. So why, […]
Read MoreChina’s property bubble just got pricked — this could mean trouble for the stock market New home prices in China slid 0.8% in September. It was the country’s first real estate decline in six years, triggered largely by the Evergrande fiasco. Residential sales, meanwhile, tumbled 17%. Given China’s massive role in global trade, its problems […]
Read MoreDavid Hunt, President and CEO of PGIM, at the Milken Institute Global Conference in Beverly Hills, Calif. Patrick T. Fallon/AFP/Getty Images After a nearly 2½-year hiatus, billionaires and the investors who follow their moves descended on Beverly Hills, Calif., to attend the Milken Institute Global Conference. The theme was “Charting a New Course,” but the […]
Read MoreJones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in America’s, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing and tenant representation services; and capital market services, such as debt placement, loan sales, equity placement, loan […]
Read More(Bloomberg) — Scott Peng knows trouble when he sees it — and right now he detects it all over markets thanks to an oncoming interest-rate “tsunami.” The Advocate Capital Management executive — who helped uncover the biggest scandal in modern banking with a damning 2008 report on Libor manipulation — has a plan. He’s launching […]
Read MoreThe Brooklyn Daily Eagle headline on “Black Thursday,” Oct. 24, 1929, proclaims, “Wall St. In Panic As Stocks Crash.” FPG/Hulton Archive/Getty Images The supreme authorities from Chase National Bank, Harvard University, and Barron’s were as dumbfounded as everybody else. Chase’s chairman and Harvard’s treasurer were among the market experts enlisted by Barron’s to judge its […]
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