Month: December 2019

Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images News | Getty Images When it comes to money-managing, three is better than one. “Teams do better than single-managed funds,” Michael Mauboussin, director of research at BlueMountain Capital Management, said at the Project Punch Card Conference
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There’s one form of discrimination that the 1990 Americans with Disabilities Act didn’t fix: economic. Until recently, people who were eligible for federal assistance programs such as Medicaid and SSI still faced an uneven playing ground. Using these programs meant you could not have assets over $2,000, a paltry amount when you consider life’s various
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An interview with billionaire private equity titan and founder of Blackstone, Stephen Schwarzman. In this interview, Stephen discusses his motivations and journey in creating Blackstone. Stephen also talks about early deals, hiring the right people and interest rates. ???? Books on Stephen Schwarzman and Stephen Schwarzman’s favourite books are located at the bottom of the
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By Michele Wojciechowski, Next Avenue Contributor Getty It’s the most wonderful time of the year — unless you get scammed. “In this season of generosity, people let down their guards and tend not to be as skeptical as they would be the rest of the year,” says Christopher Elliott, founder of the consumer-advice nonprofit Elliott Advocacy
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Stressed Asian Senior Couple calculate their monthly expense with laptop computer. Debts, Saving, … [+] Financials with Retirement. Getty Worried about a 2018 (or worse, a 2009) repeat? Good news: I’ve got a closed-end fund (CEF) that should be on your list no matter what happens: it carries a special “insurance” policy if markets head
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null Getty The way to protect your portfolio isn’t large caps–it’s large yields. And the very best ones often come in small packages, such as the three “underappreciated dividends” yielding up to 15% that I’m about to show you. I’m talking about funds that pay big, secure dividends. When pullbacks happen, these funds’ prices don’t
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Getty It’s the second day of my 12 Days of Charitable Giving for 2019. Readers have suggested deserving charities over the past few weeks, and I’ll be posting the results here. Today’s charity is MEANS (Matching Excess and Need for Stability) Database. MEANS tackles hunger in a novel way. Too often, grocery stores and restaurants
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