Hows this for putting a dent in your retirement savings plan? A 65-year-old couple retiring today will need an estimated $275,000 in todays dollars to cover anticipated health care expenses, according to Fidelity.
And if that wasnt shocking enough, consider this:
The 2017 estimate is 6% greater than last years figure of $260,000 (general inflation in 2016 was just 2% and health....More>>>
After wiping a trillion dollars or so off the value of global bonds and sending yields soaring, some market watchers are arguing the rout inspired by Donald Trumps surprise election victory is looking overdone.
Technical analyst Mark Arbeter on Tuesday said he was reversing the bearish call he made on Treasurys in July when yields were trading near the all-time low around 1.3%.
The Trump administration argued in a legal brief Friday that the president has the power to fire the head of the Consumer Financial Protection Bureau, siding with a financial firm that is fighting a $109 million fine in court.
The case at issue is being closely watched by Wall Street and consumer advocates because it challenges the constitutionality of the CFPB. Legal experts say it is....More>>>
Trouble grows for Sears, the iconic American retailer. After years of falling sales and losses, Sears Holdings (SHLD) is warning that it’s in danger of running out of cash and ceasing operations. As Sears goes, a number of stocks with close ties to Sears could be hurt as well.
See Also: 25 Dividend Stocks You Can Buy and Hold Forever
Investment company Mount Vernon Associates Inc buys Delta Air Lines, sells Johnson Controls International PLC, Alcoa, eBay during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Mount Vernon Associates Inc . As of 2017-03-31, Mount Vernon Associates Inc owns 52 stocks with a total value of $53 million. These are the details of the buys and sells.
The stock markets gains may have you dancing a jig. But they may also have you breaking into a sweat. To ease your anxiety, you might consider adding a small dose of alternative investmentsthings that zig when the stock market zagsto your portfolio, even if it means giving up some po