Finding the right advisor to help with your financial needs and goals can be complicated. There are so many factors to assess. Many advisors will use a high asset under management as a selling point metric when marketing themselves to potential investors. However, AUM isn’t the whole story when a potential client is determining which
Billionaire Warren Buffett, speaks during a news conference of International Metalworking Companies (IMC) in Dalian, Shangdon province, China, on Wednesday, Oct. 24, 2007. Buffett said investors should be “cautious” about China’s stocks as prices surge. Photographer:Kevin Lee/Bloomberg News BLOOMBERG NEWS Editor’s Note: The original version of this article was published in the October 2019 issue
Getty The Social Security Administration announced key numbers that affect workers and retirees today—a substantial increase in the wage base for workers and a modest increase in benefits for retirees. First the wage base news. The maximum amount of earnings subject to Social Security tax will rise 3.6% to $137,700 in 2020. That means a
You’ll never find the USB. AllModern As aesthetics and technology begin to parallel each other in terms of importance, one of the biggest emerging trends is USB furniture. It’s practical, convenient and becoming more and more of a necessity every day. Even as battery technology for smartphones improves, keeping devices charged can feel like a
An interview and Q&A with billionaire venture capitalist and co-founder Valar Ventures, Peter Thiel. In this interview, Peter discusses his unique view on innovation and the detrimental effects of risk aversion to creating innovation. Peter also talks about his investments and what he has learnt from them. ???? Books by Peter Thiel and his favourite
Chicken shawarma, made with soy protein and cultured chicken fat Source: Future Meat Technologies As meatless burgers have landed at Burger King and Carl’s Jr., dozens of start-ups are racing to be the first to sell beef grown in a lab. Now, one of those start-ups has raised $14 million to produce its cultured meat
Leslie Josephs | CNBC Delta Air Lines reported third-quarter earnings beat Wall Street estimates on Thursday, after reporting strong demand from both leisure and corporate travelers. Revenue rose 5% from a year ago to $12.56 billion, slightly below analysts’ forecasts. Net income rose more than 21% to $1.5 billion. Sales from its premium cabins, like
Dow Jones Industrial Average jumps 181 points The Dow climbed 181.97 points, or 0.70% to close at 26,346.01. The S&P 500 gained 0.91% to end the day at 2,919.40. The Nasdaq Composite advanced 1.02% to 7,903.74. Stocks got a jolt from a report that stoked hopes for the U.S.-China trade talks. Trade hopes rise heading
An attendee uses his smartphone to record a facial-recognition demonstration on himself at the Beijing Megvii booth at the MWC Shanghai exhibition in Shanghai, China, on June 27, 2019. Qilai Shen | Bloomberg | Getty Images President Donald Trump’s move to blacklist Chinese tech companies is threatening to derail what could be the first Chinese
Squaredpixels | Getty Images It’s official: Your Social Security checks will get a modest increase next year. The Social Security Administration announced on Thursday that the cost-of-living adjustment for 2020 will be 1.6%. That number is less than what retirees have received in recent years. In 2019, they got a 2.8% bump, while in 2018
Lisa Rizzolo | CNBC The cost of homeowners insurance is one of those unavoidable expenses that comes along with owning a house. How much you’ll pay for insurance varies depending on your location and the age of your home, but the average annual homeowners insurance premium is $1,200. That can feel like a big expense,
Money sack and leaves with growing coin stack on green tree background. (Photo by / Getty) Getty Investors planning for retirement have a significant challenge on their hands, which is to generate enough income to maintain their desired lifestyle, explains Ben Reynolds, a leading specialist on income, a contributor to MoneyShow.com and the editor of
US President Donald Trump claps during a campaign rally in Rio Rancho, New Mexico, on September 16, 2019. (Photo by Nicholas Kamm / AFP) (Photo credit should read NICHOLAS KAMM/AFP/Getty Images) AFP/Getty Images For the first time in American history, the 400 wealthiest people paid a lower tax rate than any other group, according to
If you play your cards right, rehabbing houses can be very rewarding and incredibly profitable. If you are a new real estate investor, learning how to rehab properties can provide you the best chance of developing a sustainable real estate business. It will also open other opportunities for you. While real estate rehabbing could be
Man vaping while driving a car is seen in Gdansk, Poland on 9 July 2019 Police warn that vaping while driving may increases the risk of car accidents, due to reduced visibility caused by a large cloud of smoke which may momentarily blind drivers. Michal Fudra | NurPhoto | Getty Images Prudential Financial plans to
Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Bed Bath & Beyond shares surged as much as 22% during extended trade after the company announced that Mark Tritton will take the helm as president and CEO
Tanya Baker is the Global Head of GS Accelerate. Source: Goldman Sachs Goldman Sachs, famed adviser to Silicon Valley for decades, is turning to what it considers fertile ground for the next billion dollar business: its own employees. Earlier this year, 500 teams of workers pitched the bank on potential start-ups, according to Tanya Baker,
Democratic 2020 U.S. presidential candidate and former Vice President Joe Biden reacts during a campaign Community Event at Keene State College in Keene, New Hampshire, U.S., August 24, 2019. Elizabeth Frantz | REUTERS Democratic presidential candidate Joe Biden released his higher education plan on Tuesday, proposing to make two-year community colleges and other training programs
Getty By Sam Meenasian, Next Avenue Contributor Many boomers want to change careers for a variety of reasons: to reduce stress; to learn something new; to follow their passion; to find a change of pace or to stay ahead financially. But it’s easy to make mistakes and overlook factors that are critical to changing careers
Getty The Internal Revenue Service (IRS) has issued new guidance for taxpayers who engage in transactions involving virtual currency, including cryptocurrency. The new guidance, which is intended to help taxpayers better understand reporting obligations for specific transactions involving virtual currency can be found at Revenue Ruling 2019-24 (downloads as a PDF) and the frequently asked