Investing

What Is Estate Planning? Estate planning involves making plans for the transfer of your estate after death. Your estate is all the property that you own. It can include cash, clothes, jewelry, cars, houses, land, retirement, investment and savings accounts, etc. Estate planning usually has several objectives and goals, which include: Making sure most of
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Market Moves The U.S. stock market averages closed higher today, with large-cap stocks outpacing most other asset classes including small-cap stocks. This kind of move has become so common over the past few months that investors appear to be considering it the new normal. The Volatility Index (VIX) inched lower, although still maintaining its subtly
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In general, 401(k) plans and 403(b) plans are very similar—both are defined-contribution retirement plans offered by employers to employees. The primary difference between the two is the type of employer that typcially sponsors them and the investment options. The 403(b) plan is offered to employees of tax-exempt organizations, such as charitable organizations and public schools.
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Democratic presidential candidates do not seem particularly concerned about Americans’ retirement savings accounts, CNBC’s Jim Cramer said Friday. “I listened to the Democratic debate last night. None of those candidates, I find, is really interested in your 401(k),” Cramer said on “Squawk on the Street.” Seven candidates qualified for Thursday’s primary debate in Los Angeles,
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Market Moves Gold and oil markets closed higher, while stocks surged to yet another unprecedented close. The Volatility Index (VIX) maintained its subtly divergent action, suggesting to chart watchers everywhere that some well-informed traders may be worried about pending price drops.  The chart below shows how this peculiar anomaly in VIX prices has continued. (Note
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At some point, all individual retirement accounts (IRAs), both Roth and traditional, must have their balances distributed to their account owners. The key difference between the two types of IRAs, is that you don’t need to take any distributions from a Roth IRA during your lifetime. Key Takeaways You must take required minimum distributions (RMDs)
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Weighing Your Options There used to be a television commercial in the U.S. for Michelob Light beer. It had a little jingle that started with, “Who says you can’t have it all? Who says you can’t have pinstripes…and rock and roll?” The commercial went on to show how those who drank Michelob Light could enjoy
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Goldman Sachs Group Inc. (GS) is coming to Main Street in the form of digital wealth management. The investment bank, which has long-served clients on Wall Street, is planning to launch a robo-advisor next year to help serve clients with as little as $5,000 in financial assets to invest, according to a recent article in the
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A FedEx employee loads up deliveries in San Francisco. Getty Images “Face plant” and “awful” aren’t descriptors CEOs want to hear after reporting quarterly profit numbers. But FedEx’s second-quarter results were so bad — the profit decline so steep — that such severe language is not only justified, but it wouldn’t be surprising to see
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ESG funds, or those that bill themselves as taking environmental, social and governance factors into consideration when making investing decisions, have seen record inflows this year, prompting some, including SEC commissioner Hester Peirce, to call for greater oversight. The primary issue, and where the SEC comes in, is whether funds that say they are investing
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Market Moves Large-cap stocks held their ground while small-cap stocks retreated a bit in mixed trading to end the week. Investors signaled that they remain bullish despite a tepid reaction to news of a trade deal. The S&P 500 (SPX), the Nasdaq 100 (NDX), and the Dow Jones Industrial Average (DJX) all closed a whisker-width
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Millions of American workers save a portion of their earnings in employer-sponsored retirement plans such as a 401(k), 403(b), or 457. But there are several lesser-known plans that are designed for government and non-profit employees and for highly compensated executives. Below are five less-common retirement plans, the type of employees for which they are designed,
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What Is the Best Way to Advise Non-US Citizens on Their Social Security Benefits? Advising clients on Social Security issues is complicated enough. With the added complexity of a non-US citizen as a client, the advice you give as a financial advisor must be even more specific. Financial advisors are serving a growing number of
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Having auto insurance is a necessary part of the job for Uber and Lyft drivers. In the past, expensive commercial-driver insurance policies were the only option to ensure complete coverage. Now, insurance companies have expanded the scope of their offerings and introduced insurance policies that specifically meet the needs of this niche market.  If you
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The Trio of 5-Year Rules One of the much-touted boons of the Roth IRA is your free—at least, relative to other retirement accounts—ability to withdraw funds from it when you wish and at the rate you wish. Ah, but when it comes to tax-advantaged vehicles, the Internal Revenue Service (IRS) never makes anything simple. True,
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Apple Pay is a mobile payment system that was in use by close to 400 million people around the world as of the end of 2018. Its growth rate can truly be described as explosive, since its reach was about 127 million only one year earlier, according to Statista.com. Key Takeaways Apple Pay is certainly
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The premier stochastic oscillator (PSO) is a technical indicator based on George Lane’s stochastic oscillator. The PSO differs in that it is normalized to register neutral values at zero, resulting in greater sensitivity to recent, short-term price moves. Additionally, the PSO is calculated using a double exponential moving average that creates a smoother and more
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Market Moves Stocks closed slightly higher today among large-cap stock indexes. The S&P 500 (SPX), the Nasdaq 100 (NDX), and the Dow Jones Industrial Average (DJX) all lifted toward new highs after the Fed decision left rates unchanged today. The Russell 2000 (RUT) small-cap index was slightly below yesterday’s change, and the Russell Microcap index
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Operating income and revenue are important metrics that both show the money made by a company. However, the two numbers are different ways of expressing a company’s earnings, and they have different deductions and credits involved in their calculations, Nevertheless, both revenue and operating income are essential in analyzing whether a company is performing well. key takeaways Revenue is
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