Can Life Insurance Help Mitigate Taxes in Retirement?

If you’re looking for ways to reduce your taxes in retirement, you might want to consider purchasing life insurance. While it’s not a tactic that many people think about, tax experts say it can provide a tax-efficient retirement stream.  So, what type of policy should you consider? Our Retirement Daily’s Robert Powell caught up with Jeffrey… Continue reading Can Life Insurance Help Mitigate Taxes in Retirement?

Five strategies to help set up your investments for when the market rebounds

Peter Hodson: Big profits are going to be made when — not if — the market shifts Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files Most investors — it seems like every investor — are negative these days. There certainly is lots to worry about, you… Continue reading Five strategies to help set up your investments for when the market rebounds

Stock Market Today: Stocks Gain Ground After ECB’s Aggressive Rate Hike | Kiplinger

Stock Market Today The European Central Bank (ECB) went “ultra-big” this morning in its fight against inflation, and indicated more rate hikes are on the way.Stocks kept investors on edge for most of Thursday, swinging between positive and negative territory throughout the session as investors sized up global central bank headlines.  Kicking things off was… Continue reading Stock Market Today: Stocks Gain Ground After ECB’s Aggressive Rate Hike | Kiplinger

Stock Market Today: Stocks Bounce as Oil Prices Crumble | Kiplinger

Stock Market Today U.S. crude futures finished at their lowest level since mid-January amid concerns over slowing global economic growth.Stocks closed higher Wednesday as bargain hunters swooped in following a lengthy stretch of losses for the major indexes. Today’s positive price action came as the 10-year Treasury yield eased back from yesterday’s two-month high, finishing… Continue reading Stock Market Today: Stocks Bounce as Oil Prices Crumble | Kiplinger

India, the world’s top rice exporter, just slapped a 20% tax on some rice exports. It could further fuel food inflation.

India, the world’s top rice exporter, has imposed a 20% tax on shipments of some rice grades. It has also banned the exports of 100% broken rice, which is mostly used for animal feed. India accounts for about 40% of global rice exports, so its moves are expected to push up prices. Loading Something is… Continue reading India, the world’s top rice exporter, just slapped a 20% tax on some rice exports. It could further fuel food inflation.

US stocks gain after a back-and-forth session as Wall Street weighs the latest hawkish remarks from Fed Chair Powell

US stocks ended higher Thursday after a volatile trading session, marking a second straight day of gains.  Investors weighed more hawkish remarks from Federal Reserve Chairman Jerome Powell.  Earlier Thursday, the European Central Bank hiked benchmark rates by 75 basis points, it’s biggest-ever increase.  Loading Something is loading. US stocks ended higher Thursday after a… Continue reading US stocks gain after a back-and-forth session as Wall Street weighs the latest hawkish remarks from Fed Chair Powell

Liquidity in the US Treasury market represents the biggest systemic risk to stocks since the 2007 housing bubble, BofA says

Declining liquidity in the US Treasury market represents the biggest systemic risk to financial markets, according to Bank of America.The risk of falling liquidity and resiliency of US Treasuries could be bigger than the 2007 housing bubble, BofA said.”While this sounds like a bad science-fiction movie, it is unfortunately a real threat,” BofA said. Loading… Continue reading Liquidity in the US Treasury market represents the biggest systemic risk to stocks since the 2007 housing bubble, BofA says

Mortgage Rates Double From a Year Ago; at Highest in 14 Years

Mortgage rates rose again, reaching 5.89%, double the 2.9% rate of a year earlier as the Federal Reserve seeks to damp inflation rates. The rate is the highest on the 30-year mortgage since 2008, according to a weekly survey by Freddie Mac released on Sept. 8.  The 15-year mortgage rate is 5.16% while the five-year adjustable rate mortgage… Continue reading Mortgage Rates Double From a Year Ago; at Highest in 14 Years