Investing
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Generation Z’s favorite investment may be a cause for concern. Here’s why.
[]Generation Z is getting smarter about their money, with some starting to invest even before they turn 18, according to a new report. []The survey by FINRA Investor Education Foundation and the CFA Institute, which defines Generation Z as those aged between 18 to 25, concluded that 6 in 10 owned at least some investments.…
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The riskier side of buy now, pay later services: ‘It is kind of a recipe for disaster if not managed carefully’
Although they are marketed as having no fees and no interest, some buy now, pay later products do include such charges — but it can be hard for consumers to know what they are getting into. That’s according to new research by Consumer Reports, which looked at major companies’ lending, privacy and consumer-protection policies. The…
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Stock, bonds, or cash? Here’s investors’ best playbook for the debt ceiling, Fed policy and recession risks
The bond market hasn’t been this popular for over a decade. For almost 15 years after the financial crisis of 2008, bond yields remained low and the U.S. stock market was much more appealing. That’s no longer the case. Treasury bills TMUBMUSD01Y, 5.246%, which are arguably the safest debt, are now offering yields well above…
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‘I’ve suffered for a long time’: My mother demanded I return my inheritance so she could give it to my brother, who has a drug addiction. What should I have done?
I’ve read your advice to other people. I’ve suffered for a long time with my own financial and family problems. I would value your thoughts. My younger brother developed a lifelong drug addiction when he was a teenager. My father, who grew up in an orphanage, provided him with financial support that enabled him to,…
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If you own these stock index funds, you’re already invested in AI. But there may be better strategies.
Artificial Intelligence is not only the latest and hottest stock-market buzz term, it promises to lead a long-term drive toward new capabilities and efficiency. Some people are already frightened of the new technology and some are already making a lot of money from it. The broad stock indexes are heavily loaded with the largest AI…
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‘There’s no blueprint’: If U.S. defaults on debt, $12 billion in benefits for veterans and their families is at stake
While debt-ceiling negotiations could grind through the Memorial Day weekend, members of the military and veterans are some of the people who could suffer financially if lawmakers don’t reach an agreement soon. As early as June 1, if there is no deal on the debt limit, the U.S. government might no longer be able to…
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This gets me up each morning
What’s the reason you wake up and trade each day? Having a reason to get up and get after it helps keep me focused on the task at hand and often helps me from taking monster losses. Each day, I tell myself, I want to keep as much money as I can to help my…
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Is the U.S. stock market closed on Memorial Day?
The U.S. stock market is closed on Monday, May 29 for Memorial Day, as is the bond market, but the trading session for bonds also ended early Friday at 2 p.m. Eastern, ahead of the long holiday weekend. Investors have been glued to developments on the U.S. debt-ceiling impasse in recent days, with talks in…
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‘Embrace momentum’: Stock-market traders learn key lesson from AI tech surge
A mind-blowing Thursday surge by shares of chip maker Nvidia Corp. that fed a frenzy for artificial-intelligence stock market plays reinforces a cardinal rule for traders, said a technician at a top Wall Street research firm. “Yesterday’s move in NVDA was one for the record books,” said Kevin Dempter, analyst at Renaissance Macro Research, in…
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Here’s what’s in the emerging debt-ceiling deal — such as a cut to the IRS
President Joe Biden’s team and House Speaker Kevin McCarthy’s deputies are nearing a deal that would raise the U.S. debt ceiling and avoid a market-shaking default, though getting it through Congress quickly could prove tricky. McCarthy has said he’ll follow a rule to post any bill for 72 hours before votes, so that could mean…