The CEO’s big break came when she left her consulting business without a plan — she says losing $100,000 is “too cheap” to pursue your dreams
Mette Lykke’s CEO’s first step to wild success didn’t involve anything as thoughtful as a business plan or a problem she wanted to solve. It was more…
My retirement savings have been wiped out. How can I recoup recent investment losses that I had “late in the game?”
Ask a Consultant: I’m 81, have a $118,000 mortgage, and a $110,000 IRA. Should I withdraw from my investment to make mortgage payments? My retirement savings have…
The boom in frontier cities is reorganizing the freight market
Photo: Jim Allen – FreightWaves week chart: Outgoing Bid Market Share – Laredo, Phoenix, McAllen, Ontario sonar: OTMS.LRD, OTMS.PHX, OTMS.MFE, OTMS.ONT Truckload demand outside the Texas frontier…
Tough week for REITs amid more cuts and Fed talks
One of the most difficult parts of investing is deciding what to do when the companies you own are doing well but stock prices reflect a different…
Elusive home purchase. These 7% mortgage rates why.
font size The lack of supply of homes for sale is a contributing factor to the low morale of buyers. Joe Riedel/Getty Images Anyone looking to venture…
Consumers have spent all of their excess savings from the pandemic. JPMorgan says this is just one reason why stocks are poised to drop
Cavan Images / Getty Images According to JPMorgan, American consumers have spent all of their excess savings from the pandemic. The bank highlighted consumer weakness as one…
Over twenty options to earn 5.50% or more
We may have lost a passing national leader earlier this week, but your list of opportunities to earn an elite CD rate is still going strong. A…
Old Dominion is bidding $1.5 billion on the Yellow stations
Old Dominion beats Estes’ offering of Yellow stations. (Photo: Jim Allen/Free Waves) Old Dominion Freight Line, which has less than a truckload, has entered into a $1.5…
The Chinese economy is faltering. Here’s how its problems can spill over into global markets.
China’s economy is faltering, and experts warn its problems could affect global growth and business.Lintao Zhang/Getty Staff The Chinese economy is facing headwinds ranging from property market…
Warren Buffett, Michael Berry and other big investors revealed interesting portfolio changes this week. Here are 4 major trades.
Warren Buffett.Kevin LaMarque/Reuters Warren Buffett, Michael Berry, and others made amazing changes to their portfolios last quarter. Buffett’s Berkshire Hathaway invested in homebuilders, while Perry established short-term…
Maker of $400 golf putter set to end week at under $4 IPO price after first filing
(Bloomberg) — Sacks Parente Golf ended its first week of trading lower, just days after it made its best initial public offering (IPO) debut on a U.S….
Bank of America says $1 trillion in high-yield debt accumulated in the past five years is about to have a ‘day of reckoning’
Photo by DON EMMERT/AFP/Getty Images Bank of America has warned that about $1 trillion in private debt is heading into potential trouble. Most of this debt was…
Should you buy bonds now? How to protect yourself.
font size The 10-year Treasury yield hit a 15-year high this week. El Drago/Bloomberg The Fed’s most aggressive rate hike campaign in decades crushed the bond market…
More Americans are now 401(k) millionaires
More people could retire as millionaires. The number of people with $1 million or more saved in their 401(k) accounts jumped 10% from April to the end…
Help me understand math. How does donating to charity reduce my taxes?
Ask an advisor: help me understand math. How does donating to charity reduce my taxes? If you give $50,000 in cash to charity, does that reduce your…
Is it really enough to be considered middle class in these American cities?
Single family homes with skyscrapers in the background. The middle class has long been considered the backbone of the American economy. But the American middle class is…
Is your retirement income above average in America?
Smart Established: What is the average retirement income? I wonder how your retirement savings Stack up other Americans’ nest eggs? Or will your income in your post-work…
I am over 72. How do I avoid the RMD tax sting?
Stephen Jarvis, Certified Public Accountant I am over 72 years old. What can I do about avoiding the required minimum distribution tax (RMD)? I have a steady…
Projections indicate that the Social Security COLA increase will return to reality in 2024 after the jump
like economic inflation Calm down, the odds are growing that Social Security benefits won’t rise as dramatically next year as they did in 2023. Retirees will likely…
US stock trade was mixed as the Dow Jones ended its worst week since March
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, US, February 6, 2020.Lucas Jackson/Reuters US stocks closed…
Palo Alto Networks rises after Billings’ forecast beat estimates
(Bloomberg) — Cybersecurity firm Palo Alto Networks Inc. After forecasting stronger bills for the year than Wall Street expected, easing concerns that slowing demand could affect results….
Pfizer stock: Covid rally reverses as vaccine makers take on a new variant
shares accident (mRNA) And Pfizer (PFE) shares year-over-year on Friday — after gaining late Thursday on the back of a rebound linked to the updated Covid snapshot….
“I give 25% of my return.” Why would a financial advisor get a 1% fee, even in a bear market?
Ask an Adviser: Why Do My Financial Advisers Charge 1%? Why does a financial advisor charge a fee of 1% or more? This seems really high. If…
Best EV Stocks to Buy and Watch Now: Top 5 Stocks for August 2023
Inventories of electric vehicles doubled Tesla‘s (TSLAWake Up Electric cars are looking to enter the mainstream – but not all are the same. Some auto stocks are…