Is there a conflict of interest by Wall Street brokers who peddle certain retirement investments onto clients? The Obama administration believes so, and it is now urging the Department of Labor to initiate a new regulation that would crack down on the conflicts of interest that … [Read more...]
Millennials stuffing cash under their matress instead of investing in the stock market
Despite the growing concerns that millennials will be defined as the “lost generation” and a group of people that will be worse off than their parents, reports show that those born between 1981 and 2000 will control approximately $9 trillion in assets in a few years and inherit $36 … [Read more...]
Peter Schiff suggests investors should avoid U.S. financial markets
The United States economy is in a quagmire at this point and time. The stock market is up, the consumer is consuming again and some statistics suggest things are getting better. However, there are other data points that highlight how the labor market is in a crisis, the overall cost … [Read more...]
Introduction to Trading Stocks
Filed Under: Beginner Investing by
Every day stocks worth hundreds of billions of dollars are traded across the world. The stock market forms an integral part of any economy and it acts as a great place for people to earn returns on their investment. Understanding what stocks are and how the market functions can help … [Read more...]
Where and How To Invest Your Money
Filed Under: Financial Planning by
Chapter 1: Saving Money Chapter 2: Why It's Difficult To Save Money Chapter 3: How To Save Money Every Month Chapter 4: Where and How To Invest Your Money It's important to carefully choose where you are going to save your money. Opt for an account or an investment plan that … [Read more...]
Low Interest Rates Put Retires Financial Future at Risk
While many—mainly borrowers—have been pleased with the Fed’s downward pressure on interest rates, the program is placing many retired Americans’ long-term security at risk. Interest rates are at their lowest point in 100 years as the Federal Reserve tries to stimulate the economy and … [Read more...]
Fiscal Cliff Uncertainty Pushes Gold Prices Higher
Gold prices have rebounded and are expected to rise in 2013. Concerns over the looming fiscal cliff have only fueled interest in the precious metal. The price of gold was up $9.09 to $1,658.35 per ounce Friday, as were the stock prices of several major gold mining companies. … [Read more...]
Best Buy (BBY) Stock Plummets 15% on Schulze Buyout News
Best Buy (NYSE: BBY) and its co-founder, and largest shareholder, Richard Schulze have agreed to extend the deadline on the Schulze buyout offer until after the holidays. The talks spurred a 15% jump in the company's stock price yesterday, but news of postponing the consummation of … [Read more...]
Facebook’s Unlikely Turnaround
Leading up to Facebook’s (FB) IPO, everyone was looking for a way to get their hands on shares of (NASDAQ: FB). Unfortunately, the IPO failed to impress investors and ultimately there were too many shares offered, dragging down the price. In the ensuing months, Facebook continued to … [Read more...]
