Six times more people have died coming down Mount Everest than while climbing Mount Everest. The same can happen as you come down the mountain after retirement. How you distribute wealth, or “disinvest,” is even more important than how you invest. The savings decisions you are making today have far more implications than you might be seeing. Simply following “the herd” without....More>>>
Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is best-known for its search engine, but is also home to some big moves in artificial intelligence (AI). Nearly a year ago, Google CEO Sundar Pichai stepped in as the guest writer of Alphabet’s annual founders’ letter and noted:
“… the next big step will be for the very concept of the ‘device’ to fade....More>>>
Mid cap home products retailerWilliams-Sonoma, Inc (NYSE: WSM) reported Q2 2017 earnings after the Wednesday market close with results exceeding Wall Street expectations. Net revenues grew 3.7% to $1.202 billion versus $1.159 billion with comparable brand revenue growth of 2.8% on top of 0.6% in Q2 2016:2 nd Quarter Comparable Brand Revenue Growth by Concept* Q2 17 Q2....More>>>
(NICHOLAS KAMM/AFP/Getty Images)
It is official: The Department of Labor’s (DOL) Fiduciary Rule is, slowly but surely, taking effect. As of June 9, 2017, all financial professionals who provide guidance on retirement plans are considered fiduciaries and must ensure they act in accordance with their clients’ best interests. The rule will impact the industry as a whole, but perhaps....More>>>
When an industry enjoys significant growth, individual stock valuations often rise with the tide. This firm’s inability to grow profits amidst record industry revenues raises a red flag. Add in significant competition, lagging margins, and an overvalued stock price, and it’s hard to justify any bull case. Nevertheless, this stock is up 48% over the past year. For these reasons and more,....More>>>
According to data from the Bureau of Labor Statistics, there are over 200,000 financial advisors in the U.S. When you’re looking at such a large group of people, there’s going to be a significant amount of variance. Some advisors may have a portfolio management background. Others may be CPAs, JDs or have come from completely different professions, such as education.
Warren Buffetts Berkshire Hathaway Inc. said fourth-quarter net earnings rose nearly 15%, boosted in part by the stock markets end-of-year gains.
Berkshires year-end results were released Saturday alongside Buffetts closely read annual letter to shareholders.
Berkshire Hathaway ....More>>>
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Less than 40% of workers said they have recovered financially from the recession that started in December 2007, according to a report from Transamerica Center for Retirement Studies. Thirteen percent said their recovery hasn’t....More>>>
Judging by some of the best-known retail stocks, youd think Americas shopping malls were ghost towns. Shares of Macys (M, $31.31) trade for 57% less than the price they commanded last July. Nordstrom (JWN, $36.68) has plunged by 55% since March 2015. And Kohls (KSS, $34.49) has sunk 56% since April 2015. Over the past year through June 14, SPDR S&P Retail ETF (XRT, $41.10), an exchange-traded....More>>>
U.S. stock futures eased Monday as investors shied away from global equities in favor of perceived safe-haven assets such as gold and the Japanese yen and fresh concerns over Brexit hit the pound.
In holiday-thinned trading, there was also increasing nervousness ahead of Fridays inauguration speech from President-elect Donald Trump.
Dow Jones Industrial Average futures ....More>>>