If you’re like most income investors right now, you’ve got one eye on this twitchy market—and the other on red flags like slumping manufacturing numbers, chaos in DC and even the dreaded inverted yield curve. I’m worried, too. But our best play here is not to sit in cash. With your mattress full, you’ll be
Retirement
Meet Dylin and Allison Redling. They spent most of their 20s figuring out what they wanted to do when they grew up. Neither had any serious ambition, or anything that looked like a comprehensive life plan. Dylin categorizes people as either go-getters, which he and Allison certainly were not, and slackers, a group he says
The logo for General Electric appears above a trading post on the floor of the New York Stock Exchange, Friday, Aug. 16, 2019. General Electric rebounded 6.7% after reporting late Thursday that its CEO had bought 250,000 shares of GE stock. GE had ASSOCIATED PRESS This morning, CBS News and other news outlets reported that
A 2018 Forbes article reported that the cost of college education is increasing almost eight times faster than wages in the United States. As these numbers continue to rise, it’s not surprising that many people are looking for assistance to defray education-related expenses. If you have adult children, partially funding your grandchildren’s education can be
The U.S. economy remains at a crossroads. A strong consumer and U.S. Federal Reserve (Fed) rate cuts could save the day and help boost it; or manufacturing weakness, trade war-induced drops in confidence and the lagged effects of tighter Fed policy in 2018 could lead to recession. Many equity investors have dismissed the yield curve’s
Coaches are everywhere these days. What used to be the province of the playing field or the ice arena, now is common to the board room, the gym, the hospital delivery room, the concert stage, and more recently, the retirement arena. I have been coaching recent and prospective retirees for the past eight years. It
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses withdrawing an application for Social Security retirement benefits, what happens with Social Security disability benefits at certain ages, survivor’s benefits and domestic partnerships, submitting an application and whether to
By Randi Mazzella, Next Avenue Contributor Patricia Heaton stars in ‘Carol’s Second Act,’ which premiered this fall on CBS CBS Remember when NBC billed its Thursday nights shows as Must See TV? This fall, NBC and CBS have three new Thursday night half-hour comedies that might be called Second Act TV, featuring popular stars launching
Source: Stock.Adobe.com Here’s why they are related The financial advice industry is known for having strong opinions. Politics is like that too. Especially these days. To be clear, this is NOT a political commentary. I direct you to a zillion other locations on the internet for that. Likewise, it seems to me that people within
See where you fit on the money accumulation curve. If you are curious about whether you are keeping up with the Joneses, our calculator will help. Open the Google Sheet document. Make a copy. Insert your net worth. The spreadsheet will tell you where that ranks you among 128 million U.S. households. Wealth Calculator Google
Buy funds with the lowest fees and you’ll retire earlier. That’s the so-called “wisdom” in investing, right? Too bad it’s dead wrong. Today I’m going to show you how. I’ll also name an incredible fund that racked up a monster 338% return in the last decade, crushing its “dumb” index-fund alternative by nearly 4 to
A blue-chip dividend portfolio pays about 2% today. Put a million bucks into a bucket of these stocks and you’ll bank just $20,000 in yearly dividends. That’s barely extra change–on a million invested! There’s a better way. I prefer to focus on stocks and funds that simply aren’t as familiar as the big names to
Getty Getty Pepsi’s stock is on the mend this year, beating Coke and major market averages by a big margin in the last twelve months. That’s a big difference from previous years when Pepsi underperformed the major market averages, though it still beat Coke. What drives Pepsi’s big comeback on Wall Street? Pepsi’s vs Coke,
A man wearing a Teamsters jacket attends a rally with retired members of the International Brotherhood of Teamsters and their supporters outside the Capitol in Washington, D.C., U.S., on Thursday, April 14, 2016. The demonstrators are protesting a © 2016 Bloomberg Finance LP It’s time to talk multiemployer pension plans again. After all, it’s October.
Courtesy of Ronald Long 2019 Influencer in Aging Ronald Long, the St. Louis-based director of Wells Fargo’s Elder Clients Initiatives team since 2014, created what’s become a key brokerage industry tool to protect older investors from elder financial elder abuse. Long and his team originated the “In Case of Emergency” form so advisers could contact
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses filing restricted applications in light of recent changes, which month to file an application, eligibility for spousal benefits, potential effects of a public pension survivor benefit, and spousal benefits
By Grace Birnstengel, Next Avenue Editor Courtesy of Cindy Gallop Cindy Gallop loves to tell people how old she is. She says it’s a special number because it’s a subtotal of your learnings, life experiences and everything you’ve been through to date. “I’m fifty-nine and shout it from the rooftops,” she says. Gallop, an iconoclastic
ASSOCIATED PRESS After years of ignoring the problem of age discrimination in employment, the U.S. Equal Employment Opportunities Commission (EEOC) appears to have turned a corner. In September, the EEOC filed four age discrimination lawsuits, settled one age discrimination lawsuit and won a jury verdict in an age discrimination case. The significance of this activity
Family at fjord, Aure, More og Romsdal, Norway Getty What do I mean by “Goldilocks-level fertility rates”? Simply put, a stable, replacement-level (or thereabouts) fertility rate that ensures a sustainable balance between workers and retirees. Earlier this week I wrote about the inexplicable decade-long drop in fertility rates in Finland. Back in August, I profiled
Share to facebook Share to twitter Share to linkedin Historical data shows October isn’t always a bad month. AFP/Getty Images Topline: The stock market’s rough beginning to the month has some investors recalling other awful Octobers in the past—but history suggests there may not be a reason to panic yet. October is known for huge