Investing
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Nasdaq Composite exits bear market — once again. What history says happens next.
Once more, with feeling. The Nasdaq Composite COMP eked out a gain Monday, but the advance was enough to meet widely used criteria for marking an exit from a bear market. But investors don’t need a long memory to recall that the last such exit from a bear market, on Aug. 10, proved short-lived. The…
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Recession fears fuel investors’ search for havens. Is bitcoin a good choice?
Investors are increasingly worried that a recession may begin in the U.S. later this year, as the Federal Reserve on Wednesday raised its key interest rate for the 10th time in a row, while growing evidence points to a slowing U.S. economy. In search of a “safe haven”, some investors have turned to bitcoin BTCUSD,…
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Warren Buffett says investment opportunities come from ‘other people doing dumb things’
Billionaire Warren Buffett talked about the banking crisis, AI, Apple and a number of other hot topics Saturday at Berkshire Hathaway Inc.’s BRK.B BRK.A annual meeting, but there was one quip that may have been his best investing advice. When asked a question about how the rise of disruptive technologies — such as AI —…
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Binance twice pauses bitcoin withdrawals due to ‘large volume’
Crypto exchange Binance paused bitcoin withdrawals twice Sunday, saying the blockchain was congested by too many pending transactions. “We’ve temporarily closed #BTC withdrawals due to the large volume of pending transactions,” Binance said Sunday night on Twitter. “Our team is currently working on a fix and will reopen $BTC withdrawals as soon as possible. Rest…
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Recession fears hang over market insisting on rate cuts as Fed loan survey looms
Parts of the U.S. financial markets are bracing for a hard landing for the U.S. economy, as investors await insights into credit conditions from the Federal Reserve’s upcoming loan officer survey due this week. The Fed’s aggressive interest rate hikes over the past year to tame high inflation has led to recent regional-banking trouble that…
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Should I invest $20,000 in cash or stocks? The stock market is volatile, and the Fed hiked rates (again).
I just moved to the U.S. to join my family, and I have about $20,000 in my bank account, and I’m not sure how to invest it. I have no need for the money at the moment, but I’ve applied for a master’s program and want to fill out a Free Application for Federal Student…
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CDs vs. high-yield savings accounts — where can you earn 5.5% after Fed’s rate hike? ‘This is time-sensitive.’
The face-off Higher interest rates have made it more expensive to carry a balance on your credit card or take out a car loan, but on the flip side, there’s an opportunity to earn more interest on cash savings. You can do this by opening a high-yield savings account or buying a certificate of deposit…
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The party’s over for America’s housing market, but this real-estate CEO believes it will recover
The pandemic home-buying frenzy came to a screeching halt when the U.S. Federal Reserve raised interest rates last June. Rates have since doubled, remaining firmly above 6%. After home sales plunged, the housing sector has recovered somewhat, but it is now facing a shortage of homes for sale, leading the market into a bidding frenzy…
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I’m 65 with more than $5 million saved and I can’t figure out how to spend it fast enough to avoid an RMD disaster
Got a question about the mechanics of investing, how it fits into your overall financial plan and what strategies can help you make the most out of your money? You can write me at [email protected]. I think I have an uncommon problem. I’m a 65-year-old recently retired education administrator. I think I might have saved…
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Loneliness is an ‘epidemic’ that costs billions and leads to bad health outcomes and even death
Loneliness is more than a bad feeling. It’s as deadly as smoking up to 15 cigarettes a day and is associated with a greater risk of cardiovascular disease, dementia, stroke, depression, anxiety, and premature death, according to an advisory by the U.S. Surgeon General. The mortality impact of being socially disconnected is greater than that…