Month: January 2020

Investors should hold off from buying stocks Friday, even as U.S. stocks opened lower after an American airstrike killed Iran’s top military general, CNBC’s Jim Cramer said.  “I would not be excited about jumping in here because … we’re not giving up enough,” Cramer said on “Squawk on the Street.”  The “Mad Money” host said caution is extremely important
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Prasert Krainukul If you think that Republicans and Democrats can’t see eye to eye these days, try sitting in a room with financial professionals who are for and against annuities. The inability to agree is real. And both sides hold steadfast to their positions. Annuities are insurance or investment contracts that give investors regular payments
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(Photo by Sandy Huffaker) Corbis via Getty Images Every personal finance commentator tells you to get out of credit-card debt. I’ll take this logic a step further by condemning mortgages. Once upon a time, a mortgage was a ticket to prosperity. Someone who bought a suburban home in the 1960s on a 30-year mortgage enjoyed
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CHICAGO – MARCH 16: A Chicago Police boat patrols the Chicago River in Chicago, Illinois on March … [+] 16, 2019. (Photo By Raymond Boyd/Getty Images) Getty Images Here are some excerpts of interest from a May 26, 1965 Chicago Tribune story, “Police, Fire Pensions Tabled”: “Three important police and firemen’s pension bills appeared defeated
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photo: Getty The American economy enjoyed record expansion for the past decade, but robust growth has not extended to many of the country’s economically distressed communities. The bipartisan opportunity zone (OZ) program is a creative solution to bridge that gap by encouraging long-term private investment in these areas. This influx of capital will fuel economic
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CNBC’s Jim Cramer advises that investors refrain from panicking about how U.S.-Iran tensions may impact the market and to look for potential buying opportunities in the coming days. The “Mad Money” host takes a look back at the top components of the Dow Jones Industrial Average and S&P 500 to project what’s to come in
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Couple celebrating with sparklers at the beach Getty If you’ve been holding the Cohen & Steers Quality Income Realty Fund (RQI)—a fund I wrote about a lot in 2019—you’ve done very well indeed. RQI has dominated, with its market-price return surging 51.9%, including gains and dividends, since the start of 2019. So today we’re going
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