Mutual funds are a quick, easy and affordable way to build a diversified portfolio. Because you can purchase mutual funds by the dollar, as opposed to by the share, you can invest as much or as little as you’d like (provided you meet the fund’s investment minimum, which sometimes is as low as zero). Honestly,… Continue reading How to Choose a Mutual Fund | Kiplinger
3 Investing Truths to Live By (Right Now and Always) | Kiplinger
The strong equity returns of 2020 and 2021 seem a distant memory as investors contend with a bear market and stomach-churning market moves. Market volatility can wreak havoc on investor emotions, creating the temptation to trade in or out of the market based on the latest developments. Investors should fight the impulse to time the… Continue reading 3 Investing Truths to Live By (Right Now and Always) | Kiplinger
Amazon Prime Day Is Over, But AMZN Stock Is Still a Steal | Kiplinger
stocks Amazon Prime Day offered loads of good deals to subscribers, but the best value of all is still available to investors.Amazon.com (AMZN, $113.23) Prime Day has come and gone, but investors can still pick up AMZN stock at a deep, deep discount. Shares are off by 32% for the year-to-date, lagging the broader market by… Continue reading Amazon Prime Day Is Over, But AMZN Stock Is Still a Steal | Kiplinger
Dow surges more than 600 points as strong consumer spending report helps offset recession fears
The Dow jumped more than 600 points as investors cheered June’s retail sales figures. Consumer spending ticked up 1% last month, exceeding economists expectations. Still, Deutsche Bank said in a note Friday that the market is now pricing in a 100% chance of recession this year. Loading Something is loading. US stocks closed the week… Continue reading Dow surges more than 600 points as strong consumer spending report helps offset recession fears
SEC chief Gary Gensler says the agency could consider exemptions for crypto firms from some rules to encourage compliance
The SEC will consider exempting crypto firms from some regulatory requirements, Chief Gary Gensler said. He noted that investors were unprotected because some firms refuse to comply with the agency’s rules. The SEC doubled staffing its in crypto unit in May, doubling-down on its policing of the sector. Loading Something is loading. The Securities and… Continue reading SEC chief Gary Gensler says the agency could consider exemptions for crypto firms from some rules to encourage compliance
Russia’s gas shutoff is forcing Europe’s biggest buyer of its supplies to draw down winter emergency reserves
German utility giant Uniper has had to tap its winter gas reserves as Russia cuts energy deliveries, the FT reports. The Nord Stream 1 pipeline is under maintenance, though Russia’s Gazprom has hinted it could delay bringing it back online. Germany aims to restore its gas storage facilities to 90% by November, but they currently… Continue reading Russia’s gas shutoff is forcing Europe’s biggest buyer of its supplies to draw down winter emergency reserves
US crude oil exports to Europe now surpass shipments to Asia as Russia’s war on Ukraine reorders global energy markets
US crude oil exports to Europe from January to May surpassed exports to Asia. It’s the first time Europe has overtaken Asia since 2016, when the US lifted its ban on oil exports. The shift in flows comes as Russia’s invasion of Ukraine upends the global market. Loading Something is loading. Europe passed Asia as… Continue reading US crude oil exports to Europe now surpass shipments to Asia as Russia’s war on Ukraine reorders global energy markets
Markets are betting the worst of inflation has passed – and there are 2 big reasons why that isn’t just wishful thinking, economist Paul Krugman says
Markets are flashing signs that they think the worst of inflation has passed, economist Paul Krugman wrote this week. He argues that this is more than just wishful thinking, and that there are two reasons that back this up. The Fed needs to not panic, as overtightening its policy risks forcing a “gratuitous” recession. Loading… Continue reading Markets are betting the worst of inflation has passed – and there are 2 big reasons why that isn’t just wishful thinking, economist Paul Krugman says