Daniel Acker | Bloomberg | Getty Images With high inflation and rising interest rates fueling speculation that a recession is on the horizon, it may come as no surprise that financial advisors are hearing these concerns from their clients. Year-over-year inflation eased a bit in August to 8.3% from 8.5% in July, but it remains
Month: October 2022
Kim Kardashian’s crypto settlement could be a lesson for us all. The reality TV superstar agreed to pay $1.26 million to settle charges with the Securities and Exchange Commission for failing to disclose she got paid to publish a post on Instagram about EthereumMax’s crypto asset, the agency announced Monday. “Clearly the SEC is making an
Hurricane Ian reminds us that the question of how to best prepare for the risks of where we live in retirement is even more important than planning for how much retirement will cost. Planning and living in retirement requires anticipating and managing risk. Markets rise and fall requiring us to adjust investment strategies, spending habits
Day and swing traders inevitably trigger many wash sale loss adjustments (WS) amounting to tens or hundreds of thousands of dollars. Take a loss on a security, repurchase it within 30 days (after or before), and that creates a WS loss. A WS reduces the cost basis on the position sold and adds the WS
This home in Breckenridge, Colorado, takes log cabin living up a notch or two. So far up, in fact, that the house straddles a year-round creek, which flows under the primary bedroom. Anyone using the room will not soon forget the creek is there. Two large windows in the floor, two more on either side
Reality TV star Kim Kardashian launched a private equity fund, Skky Partners, which she co-founded with Jay Sammons, a former partner at the investment firm Carlyle Group. Photo by James Devaney/GC Images via Getty Images Kim Kardashian’s crypto misadventure has landed her in hot water with federal regulators. The reality TV superstar and influencer has
In this article CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Shares of Credit Suisse plunged nearly 10% in Europe’s morning session, after the Financial Times reported the Swiss bank’s executives are in talks with its
At a time when millions are grappling with rising prices and a cost-of-living crisis, the International Monetary Fund warned that the U.K. government’s spending plans “will likely increase inequality.” Photo by Westend61 via Getty Images The U.K. economy has been gripped by market mayhem for the last week. The British pound plummeted, the value of
There is nothing quite like reminiscing about that favorite luxury resort to transport you to another world full of fond memories and over-the-top experiences. What if you could have those same amenities all from the comfort of your own home? These five properties, while singular, all share one common attribute: each evokes the feel of
In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Toyota CEO Akio Toyoda speaks during a small media roundtable on Sept. 29, 2022 in Las Vegas. Toyota LAS VEGAS — Toyota Motor CEO Akio Toyoda last week simply stated what he would like his legacy to be: “I love cars.” Just how the 66-year-old
In certain movies, the background becomes a character. More than a backdrop, the environment in which the central characters live, work or interact with each other makes the place where the story happens as important a part of the story as the plot. An example is the 1998 film The Truman Show, in which Jim
An aerial picture taken on September 30, 2022 shows the only access to the Matlacha neighborhood destroyed in the aftermath of Hurricane Ian in Fort Myers, Florida. Ricardo Arduengo | AFP | Getty Images Search and rescue efforts are underway in Florida after a devastating Category 4 hurricane made landfall Wednesday. At least 77 people
Tim Cook doesn’t spend his days reviewing resumes — but in his 11-year stint as Apple’s CEO, he’s determined what it takes to thrive at the company. At University of Naples Federico II’s commencement ceremony this week, Cook told graduates from the Naples, Italy, university that he noticed Apple’s success depends on its culture
In this article GXO NVMI NVMI-IL SNX GOOGL Follow your favorite stocksCREATE FREE ACCOUNT The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters With an ugly September in the rear-view mirror, it’s tempting for investors to make impulsive decisions. The three major indexes ended
Dragos Condrea | Istock | Getty Images A bipartisan bill in the House aims to fix a costly enrollment mistake that some older adults make when they transition to Medicare from an employer-based health plan. Under current rules, workers age 65 or older who leave their job but keep their company’s health insurance as allowed
By Rosie Wolf Williams, Next Avenue My mother told me many times over the years that she had a will, and I believed her. When she passed away, we discovered that her will was 40 years old — and completely useless. To start, she had never signed the copy we found, and the man named
With much of the optimism of the past decade wrung out of the housing market, I have been fielding a lot of questions about what to do with an existing home. Should you still try and sell now? Or perhaps rent it out? As a comprehensive financial planner, I strive to guide my clients to
Medical Reserve Corps volunteers administer monkeypox vaccinations at a new walk-up monkeypox vaccination site at Barnsdall Art Park on Tuesday, Aug. 9, 2022 in Hollywood, CA. Brian Van Der Brug | Los Angeles Times | Getty Images The monkeypox virus is unlikely to be eliminated from the U.S. in the near future, according to a
The crypto market has been battered this year, with nearly $2 trillion wiped off its value since its peak. Jonathan Raa | Nurphoto | Getty Images Cryptocurrency lender Nexo on Tuesday announced it has taken a stake in a federally-regulated U.S. bank, paving the way for the company to offer banking services to Americans as
By Jennifer Nelson, Next Avenue Mya Payton, 58, of Southeastern Pennsylvania, is divorced with four children, the last of whom is in college now. “Over the course of the time my kids were in college — 2014 to now — their dad has been willing to pay for 50% of their college tuition and some