Tax day is almost here, and, thanks to higher interest rates, many investors are finding they earned a lot more income from their portfolios in 2023—and now they owe the government a piece of it. “That’s a good thing,” says Mary Ellen Stanek, co-chief investment officer at Baird Asset Management. “But it means investors need
How are financial advisors feeling about Bitcoin these days? In years past, many have expressed deep skepticism, citing price volatility, regulatory uncertainties, and even cryptocurrencies’ use in criminal activities. While plenty of doubts remain, the landscape has changed. In January, the Securities and Exchange Commission approved 11 spot Bitcoin ETFs. Two of the biggest, BlackRock’s
Figuring out how much you can safely spend each year is an especially fraught question for retirees worried about outliving their savings. Life span and health status are variables no one can plan for. Despite saving consistently and investing diligently over a lifetime, retiring into a market downturn or unexpectedly needing expensive medical treatment can
The new crop of exchange-traded funds offering direct exposure to Bitcoin may have accumulated billions in new assets in the two months since they hit the market, but experts say that’s not because advisors have suddenly jumped on the crypto bandwagon. Most advisors aren’t permitted to talk to clients about the so-called spot Bitcoin funds,
Many advisors are turning away from mutual funds in favor of exchange-traded funds and separately managed accounts to build client portfolios. But not Jeff Leonard, founder and managing partner of Leonard & Martens, a 25-year-old Anchorage, Alaska, practice under the Raymond James umbrella with $1.2 billion in assets under management. Leonard has tried SMAs and
Last Updated: March 2, 2024 at 6:36 a.m. ET First Published: March 2, 2024 at 6:31 a.m. ET Chancellor Jeremy Hunt on Saturday said U.K. pensions will have to disclose how much they have invested domestically, in a move meant to boost the faltering U.K. stock market. Under the plan, defined contribution funds by 2027
Published: Feb. 29, 2024 at 5:31 p.m. ET Shares of Invesco Mortgage Capital Inc. IVR advanced 3.79% to $9.03 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.90% to 16,091.92 and the Dow Jones Industrial Average DJIA rising 0.12% to 38,996.39.
Published: Feb. 29, 2024 at 5:23 p.m. ET Shares of Federal Realty Investment Trust FRT rose 2.21% to $100.85 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.52% to 5,096.27 and the Dow Jones Industrial Average DJIA rising 0.12% to 38,996.39.
Published: Feb. 29, 2024 at 3:14 p.m. ET Don’t miss these top money and investing features: INVESTING NEWS & TRENDS 10 stocks you can bet on being inflation-proof High-quality stocks can do well when prices are rising or falling. Here’s why. Read More Nvidia, AI-fueled tech stocks are heading for a ‘magnificent exuberance’ bubble The…
The Fed’s High Interest Rates Are Helping Pension Funds Close the Gap
This is commentary by Allan Sloan, an independent business journalist and seven-time winner of the Loeb Award, business journalism’s highest honor. We hear lots of talk about the problems that high interest rates have been causing since the Federal Reserve began jacking up rates two years ago. We also hear endless talk from people waiting