FP Answers: Am I paying too much in portfolio management fees?

Margarite pays $30,000 in fees for the management of her $2.5-million portfolio. Is that too much? If so, how can she lower those fees? Monitors display stock market information on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files By Julie Cazzin with Allan Norman Advertisement 2 This advertisement has not… Continue reading FP Answers: Am I paying too much in portfolio management fees?

Tom Bradley: Why stock market forecasters are in need of a reality check

You are doing your clients a disservice when you forecast what the stock market is going to do Traders work on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid files This is an intervention. It’s for investment advisors and economists who have been exhibiting compulsive, addictive and destructive behaviours. Advertisement 2… Continue reading Tom Bradley: Why stock market forecasters are in need of a reality check

Amazon delivers weak outlook, hampered by higher costs

The e-commerce giant’s shares fell 10% in after-hours trade Author of the article: Reuters Jeffrey Dastin and Tiyashi Datta Amazon boxes stacked for delivery in the Manhattan borough of New York City. Photo by REUTERS/Mike Segar/File Photo Amazon delivered a disappointing quarter and outlook on Thursday as the e-commerce giant was swamped by higher costs… Continue reading Amazon delivers weak outlook, hampered by higher costs

Shopify’s downtrodden stock faces new test as analysts turn sour

At least six securities-firm analysts have slashed their price targets on the tech giant in the last two weeks Author of the article: Bloomberg News Stefanie Marotta Shopify shares have plunged nearly 70 per cent this year. Photo by Michael Nagle/Bloomberg Shopify Inc. faces a wall of worry heading into its earnings release next week.… Continue reading Shopify’s downtrodden stock faces new test as analysts turn sour

From punchline to deal in under 2 weeks: The inside story of how Elon Musk won his Twitter prize

Sheer speed, along with Musk’s use of his personal wealth and ability to get outsized attention, made it unlike any deal before Author of the article: Financial Times James Fontanella-Khan, Eric Platt and Antoine Gara in New York and Richard Waters in San Francisco Elon Musk put his personal wealth on the line to underpin… Continue reading From punchline to deal in under 2 weeks: The inside story of how Elon Musk won his Twitter prize

Stock Market Today: Big Tech Carries Wall Street on Its Back | Kiplinger

Technology and tech-esque stocks were the vanguard for a wild (and broad) stock-market rally Thursday that largely ignored an unexpected contraction in U.S. economic activity. This morning, the Commerce Department reported that U.S. gross domestic product declined at a 1.4% annualized pace during the first quarter of 2022, falling far shy of the 1% gain… Continue reading Stock Market Today: Big Tech Carries Wall Street on Its Back | Kiplinger

37 Ways to Earn Up to 9% Yields on Your Money | Kiplinger

Early 2022 was a period most investors would prefer to forget. Stocks slumped, and the bond market suffered its worst rout in more than 40 years. There was no shortage of culprits: soaring energy prices, rising inflation, higher interest rates and new geopolitical risk in the form of the horrifying war in Ukraine. Moreover, the… Continue reading 37 Ways to Earn Up to 9% Yields on Your Money | Kiplinger