The entire premise of holding a basket of assets and drawing from it blindly is a suboptimal approach Published Oct 08, 2023 • Last updated 1 day ago • 7 minute read Withdrawing an amount set well below a portfolio’s expected return may seem prudent, but there are a number of serious flaws with using this… Continue reading Beyond the 4% rule: Improving your safe retirement withdrawal strategies
PRICE DROP: Get lifetime access to Microsoft Office 2021 for $45
Don’t miss this deal on Microsoft Office’s full suite of applications and tools Published Oct 04, 2023 • Last updated 5 days ago • 1 minute read Microsoft Office tools can make real, meaningful differences for your team or in your office. Photo by Getty Images This article was created by StackCommerce. Postmedia may earn an… Continue reading PRICE DROP: Get lifetime access to Microsoft Office 2021 for $45
Stock Market Today: Stocks Waver Amid Gaza Violence, Spiking Oil Prices
Stocks reeled Monday as the war between Israel and Hamas caused oil prices to spike and added to anxieties about rising global bond yields and a potential interest rate hike at the next Fed meeting. The major market benchmarks started the session solidly in the red after the worst surprise attack on Israeli soil in… Continue reading Stock Market Today: Stocks Waver Amid Gaza Violence, Spiking Oil Prices
US debt will become unsustainable and trigger default in about 20 years, if it stays on current path
US debt will become unsustainable in roughly 20 years if it doesn’t change course, a Penn Wharton Budget Model determined. After that, no amount of tax hikes or spending cuts could prevent default “whether explicitly or implicitly.” An implicit default would include debt monetization that produces significant inflation. Loading Something is loading. Thanks for signing… Continue reading US debt will become unsustainable and trigger default in about 20 years, if it stays on current path
China’s economy is so uncertain that the wealthy are turning to an underground network to secretly move cash out of the country
Some wealthy citizens in China are turning to underground money handlers to move cash, Bloomberg reported. Moving money through these quasi-banking systems is risky and can result in jail time. Some Chinese underground banks settle transfers using funds generated by criminal groups, the report said. Loading Something is loading. Thanks for signing up! Access your… Continue reading China’s economy is so uncertain that the wealthy are turning to an underground network to secretly move cash out of the country
Stocks are still in a bull market but it’s one of the weakest on record
The rally in stocks since October 2022 is one of the weakest bull markets on record, according to Ned Davis Research.Elevated valuations and monetary tightening measures from the Federal Reserve have limited upside potential. These technical signals highlight just how weake the current rally in stocks really is, according to NDR. Loading Something is loading. Thanks… Continue reading Stocks are still in a bull market but it’s one of the weakest on record
The share of consumers who think now is a good time to buy a home is back at an all-time low
Sentiment in the US housing market fell last month, according to Fannie Mae data. That’s largely due to high mortgage rates, with the 30-year fixed rate rising to 7.49% the last week. Buyers are also expecting home prices to rise over the next year, Fannie Mae’s chief economist said. Loading Something is loading. Thanks for… Continue reading The share of consumers who think now is a good time to buy a home is back at an all-time low
Investors warn Evergrande could face an ‘uncontrolled collapse’ that would be a disaster for China’s property sector
A group of Evergrande bond investors sounded the alarm on the troubled Chinese developer, the WSJ reported. Last month, Evergrande cancelled a $19 billion debt restructuring, leading bondholders to warn of wider turmoil. “This will likely lead to the uncontrolled collapse of the group,” the investors wrote. Loading Something is loading. Thanks for signing up!… Continue reading Investors warn Evergrande could face an ‘uncontrolled collapse’ that would be a disaster for China’s property sector
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