Investing News

A simple will, also called a “basic will,” lays out what you’d like to happen to your assets after you die. If you’ve ever worried about who will get your wedding ring, inherit your house, or take care of your cat after you die, it might be time to create a will—or update an existing

Health care can be one of the biggest expenses a person faces in retirement. A 65-year-old couple who retired in 2021 can expect to spend $300,000 on health care and medical expenses throughout retirement, according to the annual Fidelity Investments Retiree Health Care Cost Estimate. This sum doesn’t include the additional annual cost of long-term

One of the rules governing 529 savings plans, which parents often set up to fund a child’s college education, is that the money must go toward covering qualified education expenses. Otherwise, the earnings portion of any withdrawals will be subject to taxes and a 10% penalty. Happily, there are a number of ways to avoid

Former Federal Reserve Chair Ben Bernanke and two other U.S economists, Douglas Diamond and Philip Dybvig, won the Nobel Memorial Prize in Economic Sciences for work over the course of four decades on the role that bank bailouts play in financial crises. Key Takeaways Three U.S. economists won the 2022 Nobel Economics Prize for work

The staggering cost of higher education in the United States has many prospective college students wondering about countries with free college and pursuing a degree abroad. While conventional wisdom still points to the benefits of having a college degree, more students and their families are seeking alternatives to lower their college tuition bills. More Americans

Chase has launched a limited-time offer for the Marriott Bonvoy Boundless Credit Card, giving new cardholders 100,000 bonus points after they meet the offer’s spending requirement. Consumers who are considering a new credit card should consider the bonus, along with the card’s other features, to determine if it’s a good fit. Key Takeaways New Marriott

Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Using a market downcycle to accumulate shares of companies with strong fundamentals and prospects can lead to good returns when the market goes up. To that end, keeping an eye on which stocks

Bonds and interest rates have an inverse correlation: as interest rates increase, bond prices fall. However, the more the Federal Reserve hikes interest rates, the better it is potentially for municipal bond investors. Municipal bonds (or “munis”), long touted as among the safest, most tax-efficient debt investments available, were hit hard in the wake of

Violetastoimenova | E+ | Getty Images ESG has been an incredible movement. It has had a momentum and acceleration that was seemingly unstoppable, and for good reason. Everyone wants to save the climate and support treating employees, customers and communities with respect. Everyone is for good corporate governance. Yet, for several years, many people, particularly

Robinhood is a relative newcomer to the online brokerage industry. Launched in 2015, its claim to fame was commission-free investing, with free trades in stocks, ETFs, options, and cryptocurrencies. Now that most brokers have moved to commission-free trading, Robinhood has lost that edge. Still, the low costs, zero account minimums, and overall simplicity remain attractive

A certificate of deposit (CD) can be a very low-risk way to save for the short-term future. If your child has some savings they’d like to invest or if you’d like to put some money aside for them, you can open a CD on their behalf using a custodial account. Opening a CD for a

How large are the indigenous groups living in the United States today? And what is their financial situation? Even the statistics are not reliable and clear. This summary offers a starting point to understand the size and scope of the major indigenous nations and groups in the U.S. It reviews, in order of population, the

The three white soldiers pattern and its bearish counterpart, the three black crows, are considered fairly robust reversal signals by both analysts and traders. The bullish pattern consists of three consecutive long-bodied candlesticks that open within the previous candle’s real body and close above the previous candle’s high. Why the Three White Soldiers Pattern Is a Bullish

Coming up with decent gift ideas isn’t always straightforward. Younger children usually desire the latest fad that they’ll probably soon lose interest in, while older generations tend to buy what they need and are notoriously difficult to satisfy. In many ways, you can’t go wrong with gifting shares in a company. Sure, it may not

It is rare to hear any discussion of the stock market without mention of the current economic outlook. The economy is always in flux, with times of booms and times of busts, with many economic analysts and investors always sharing different opinions on when the tide will turn and in what direction. While 2018 marked

Did you know there are thousands of digital currencies, with more being added every month? Curious new crypto investors need to start by making decisions about how to invest, including how to store their digital assets. Investors will need to evaluate where and how to transact in cryptocurrencies, and whether staking tokens—a way of earning

Value-at-risk (VaR) is a widely used measure of downside investment risk for a single investment or a portfolio of investments. VaR gives the minimum loss in value or percentage on a portfolio or asset over a specific period of time for a certain level of confidence. The confidence level is often chosen so as to give an

The Federal Reserve’s aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities if they keep up their action, and not just

Editor’s note: Below you’ll find the week 108 release of the NYC Recovery Index, originally published September 27, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery suffered a small setback for the week ended September 17, 2022, with the overall index score declining to 75 out of

Pixelseffect | E+ | Getty Images Offices are busier now than they’ve been at any point since Covid first sent employees home in March 2020. But companies are still in the thick of adapting to a more distributed workforce, creating an opportunity for workplace technology companies like Condeco and iOffice + SpaceIQ. The two companies