News
Everyone experiences hardships. Resilient people often lean on their mental toughness to overcome those challenges.They don’t act like their problems don’t exist. Rather, they have self-compassion, allowing them to view emotions like stress or disappointment as a learning opportunities, as bestselling author and leadership expert Brené Brown said in a…
What started as a fun side project for Tommy Sikes has become a big part of his business.With the youngest of his three children about to enter law school, Sikes began thinking about the next chapter for him and his wife — namely, the ever-more popular possibility of spending at…
In this monthly article, we try to identify five closed-end funds (“CEFs”) that have a solid historical performance, pay high enough distributions, and offer reasonable valuations at the current time. We also present a more diversified list of the top 10 funds. Author’s Note: This article is part of our…
From relentless rally to persistent pullback, five straight winning months without a 2% decline were then followed by three straight down weeks, featuring a rare six-day S & P 500 losing streak and five successive sessions last week of failed intraday rallies. As with all market retrenchments from a record…
The most expensive state to raise a family of four isn’t New York, California or Hawaii — it’s Massachusetts, according to a recent SmartAsset study.To live comfortably in Massachusetts, a family of two working adults and two kids would need to earn $301,184 annually.”Comfortable” is defined as the income needed…
The following segment was excerpted from this fund letter. Perimeter Solutions (NYSE:PRM) In fact, our best performing stock this quarter is the anthesis of a mega cap tech stock. Perimeter Solutions, a $1 billion market cap company that sells fire retardant to fight forest fires, was up 61%. Given the…
The IRS has again waived required withdrawals for certain Americans who have inherited retirement accounts since 2020. It may not be a good thing for heirs, experts say.Before the Secure Act of 2019, heirs could “stretch” retirement account withdrawals over their lifetime, which reduced year-to-year tax liability. Now, certain heirs have…
You’d be hard-pressed to find someone who doesn’t have a single financial regret. Even millionaires and early retirees likely had a few stumbles on the road to financial freedom.Take Steve Adcock. The 42-year-old retired from his corporate job in 2016 with about $900,000, a total that market gains soon pushed…
By Jack Fischer During LSEG Lipper’s fund-flows week that ended April 17, 2024, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the fourth week in five, removing an astonishing $143.5 billion – the largest weekly outflow since the week ending September 16, 2009.…
The European Central Bank should cut interest rates in June to avoid falling behind the inflation curve, according to ECB policymaker François Villeroy de Galhau.”The question is the next Governing Council which will be early June … and here barring a major surprise we should cut rates because we are…