Wall Street Visionaries Provide Chilling Views on Next Big Risk
Bloomberg · 12 minWe asked three executives who've spent their careers on the cutting edge of the financial industry what they see coming in 5 to 10 years.
We asked three executives who've spent their careers on the cutting edge of the financial industry what they see coming in 5 to 10 years.
A roundup of the best advice for managing your money in uncertain times.
It’s a weird time to have more money than ever before.
Once you know your score, you can take the right steps to raise it.
When the novelist Joshua Ferris’s family blew up, his mother revealed a truth: his father was worthless, a con man. A bad investment in their lives. But years later, a mysterious book about Wall Street showed up—a gift from his father—that began to change the story.
A few years ago at a dinner, Trey Lockerbie, founder and CEO of kombucha company Better Booch, met billionaire Warren Buffett. He took the opportunity to ask him a few questions about investing, Lockerbie said on "The Good Life" podcast with Sean Murray on Dec. 14.
I took out my first student loans more than 20 years ago. I had dropped out of college just before the start of my junior year. I took a couple of years off, and when I went back I had to pay for my final two years myself.
The shift to remote working arrangements for people in white-collar jobs meant that households all across the country could rethink where they lived. This caused a surge in interest in vacation towns, as wealthier Americans opted to purchase second homes to wait out the pandemic.
These online services make it easier to get started planning for your financial goals by providing investment help at low cost and with low or no account minimums. Many or all of the products featured here are from our partners who compensate us.
As the financial independence and early retirement movement (or FIRE movement, for short) has gained popularity, some myths and misconceptions have sprung up about what it entails. Too many people make assumptions about what the FIRE movement is and what it's made of.
Two years ago, I was unsatisfied with my options for health insurance. The premiums were rising even as the quality dropped in the form of an ever-increasing deductible. I am guessing that you might feel the same way these days – most of us Americans are in the same boat.
Investing in real estate can be intimidating, especially for beginners who are low on capital. But there are ways to get started, take it from Cody Sperber. The self-described "clever investor," Sperber started investing in real estate with no money to his name.
I have never been a big reader. Picking up a book and blazing through 100 pages never came naturally to me. But there is one topic that interests me more than anything else: personal finance.
After a turbulent 2020, I’m positive about 2021’s outlook. We should see significant GDP growth (3-5%), a strong rebound in corporate earnings (20%+), and a massive unleashing of spending (saving rate back down to ~6%).
Small investors with no background in finance or real estate are making impressive and nearly passive incomes by investing in run-down properties, fixing them up, and renting them out.
How much are you saving for retirement? Experts recommend socking away at least 10% of your salary, but a recent report from the Plan Sponsor Council of America (PSCA) suggests many Americans are short of that benchmark.
Some of my apartments were downright terrible. In 1979, I rented a studio apartment located on an alley above a garage. The apartment had poor insulation. It would get so cold in the winter, it felt like the North Pole, and it would get so hot in the summer, it felt like Death Valley.
We introduced the concept of the Near Perfect Portfolio (NPP) earlier this year. Since then, the market has made a remarkable comeback. It's probably time to revisit it. For most people, especially retirees, it's very difficult to tolerate large and deep drawdowns.
The F.T.C. recently took its first legal action to stop the fraud. Consumers may not know the debts are on their reports until they apply for a loan.
The U.S. stock market is very expensive. Nobody can sensibly deny this. But is it truly in a bubble? There is a big argument that it isn’t, which comes from the bond market. Fixed-income valuations dwarf those on stocks.
As we approach the end of what's been nothing short of an interesting year, many high-earning individuals and couples are now taking the time to reevaluate their retirement strategies.
Cheap money and ever-rising stock markets naturally lead to a correction or even a crash because until now, every party has ended at some point. The frivolity and emotions of many investors could accelerate the fall in prices. Much of this might be avoidable.
President-Elect Joe Biden will not take office until January 20th, but people are already discussing what will and won’t change once he’s sworn in. One possible agenda item for Biden’s first day involves the student loan debt crisis. With student loan debt currently standing at over $1.
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