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1 Article
Source: Common Domain

What to do when saving enough money to retire demands drastic action

Sunday 21:48 GMT

In other stories, read about stocks with big dividend payouts, nontransparent ETFs, and why you want a financial adviser to know about your life as well as your money.

How big investors harness ‘alternative data’ to give you a market edge. Learn how investors really feel about money and why. This one skill separates the best financial advisers from the rest. AR and VR will eliminate returns and transform online shopping.

1 Article
Source: Reuters

Sri Lanka may need more IMF help as blasts threaten tourism

Today 06:04 GMT

Sri Lanka faces a likely collapse in tourism following Easter Sunday bomb attacks on churches and hotels, which would deal a severe blow to the island’s economy and financial markets, and potentially force it to seek further IMF assistance.

There is even a possibility that more IMF money may be needed if foreign investment falls, adding to the hard currency gap left by plunging tourism receipts.

1 Article
Source: Common Domain

Don’t believe this myth about Social Security

Today 07:00 GMT

Are running out of money, and the Social Security Administration’s trustees do anticipate those accounts will run out of money in 2035.

Social Security keeps the elderly living a modest lifestyle with dignity, according to testimonies at the House Ways and Means Social Security Subcommittee hearing earlier this month, especially as their savings start to dwindle, they may have never gotten pensions and their expenses for living — especially health care — continue to rise.

1 Article
Source: Common Domain

This overlooked group of stocks can give you better returns with less risk over time

Today 07:00 GMT

Here are performance figures for two of the fund’s share classes (net of fees and excluding any sales charges) against their Morningstar category, the Russell Mid-Cap Index, the Russell Mid-Cap Growth Index and the S&P 500:. Don’t miss: Corona and Canopy: A mix of beer and pot that could juice your stock portfolio

Definitions of stocks’ asset-size classes differ, but the Russell Mid-Cap Index RMCC, +0.99%  included 784 stocks a median market capitalization of $8.1 billion as of March 31.

1 Article
Source: Fox News

Social Security shortfall: Trust fund to run dry in 2035, trustees predict

Tuesday 09:54 GMT

Social Security’s reserve funds are expected to be depleted in 2035, at which time the program will no longer be able to pay out benefits in full.

That’s according to the annual Social Security and Medicare trustees report released on Monday, which said total costs of the program, which covers the old age and disability insurance programs, will exceed income in 2020 – for the first time since 1982.

1 Article
Source: Common Domain

How bad can it get for the S&P 500?

Sunday 16:19 GMT

Whatever you decide, placing all your chips on the S&P 500 is a concentrated gamble that you may find is not worth the risk.

I queried Jill Mislinski, research director of Advisor Perspectives, for data on the last five times the S&P 500 dropped 40% or more. It’s hard to remember the despair that plagues investor psychology when a bear market drives equity prices down, down, down, month after month.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte