Fidelity recently reported that average retirement account balance fell 23% last year. That’s 23% of your money. The money you saved for your retirement … your grandchildren … your legacy. Almost a quarter of it was wiped out last year. That hurts. And you’re not alone. I, just like you,
Today we need to talk about something you might find hard to confront: home-country bias. For most of us, that means preferring to invest in U.S. stocks and not bother with other global markets. Right now, I believe it’s a mistake to hold this bias. I’ve looked at the
S&P 500 4,070.56 +10.13(+0.25%) Dow 30 33,978.08 +28.67(+0.08%) Nasdaq 11,621.71 +109.30(+0.95%) Russell 2000 1,911.46 +8.39(+0.44%) Crude Oil 79.38 -1.63(-2.01%) Gold 1,927.60 -2.40(-0.12%) Silver 23.73 -0.30(-1.23%) EUR/USD 1.0874 -0.0018(-0.16%) 10-Yr Bond 3.5180 +0.0250(+0.72%) GBP/USD 1.2395 -0.0012(-0.10%) USD/JPY 129.8040 -0.3490(-0.27%) BTC-USD 23,098.76 +284.19(+1.25%) CMC Crypto 200 526.66 +9.65(+1.87%) FTSE 100 7,765.15 +4.04(+0.05%) Nikkei 225 27,382.56 +19.81(+0.07%) Billionaire investor Bill Ackman was all praise for U.S. short-seller Hindenburg Research’s report on Indian conglomerate Adani Group, calling it "highly credible" and "extremely well researched." Hindenburg’s report on Wednesday accused the conglomerate of improper use of offshore tax havens and stated it held
Karen Firestone of Aureus Asset Management is excited about American Express and Visa coming off their earnings reports this week as the pair highlighted consumer resiliency even as economic data shows warning signs. Data released Friday showed consumer spending, adjusted for inflation, declined 0.2% in
Market Movers rounds up the best trade ideas from investors and analysts throughout the day. The pros discussed Intel . The stock fell more than 6% the day after Intel posted disappointing quarterly results . The experts also talked about American Express . The stock
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Brendan McDermid | Reuters Amazon will start charging delivery fees for Fresh grocery orders that are less than $150, in a move it said will help keep prices low on its services. Beginning Feb. 28, Prime members who want home
U.S. House Republican Leader Kevin McCarthy (R-CA) celebrates being elected the next Speaker of the U.S. House of Representatives in a late night 15th round of voting during the fourth session of the 118th Congress at the U.S. Capitol in Washington, U.S., January 7, 2023.
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images Federal prosecutors are attempting to bar indicted FTX co-founder Sam Bankman-Fried
In this article TSLARIVN Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, on Tuesday, Jan. 24, 2023. Marlena Sloss | Bloomberg | Getty Images Tesla shares surged 33% this week, marking their best weekly performance since May 2013
S&P 500 4,070.56 +10.13(+0.25%) Dow 30 33,978.08 +28.67(+0.08%) Nasdaq 11,621.71 +109.30(+0.95%) Russell 2000 1,911.46 +8.39(+0.44%) Crude Oil 79.38 -1.63(-2.01%) Gold 1,927.60 -2.40(-0.12%) Silver 23.73 -0.30(-1.23%) EUR/USD 1.0874 -0.0018(-0.16%) 10-Yr Bond 3.5180 +0.0250(+0.72%) GBP/USD 1.2395 -0.0012(-0.10%) USD/JPY 129.8040 -0.3490(-0.27%) BTC-USD 23,154.08 +216.27(+0.94%) CMC Crypto 200 526.66 +9.65(+1.87%) FTSE 100 7,765.15 +4.04(+0.05%) Nikkei 225 27,382.56 +19.81(+0.07%) Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s made Buffett one of the
