The recent launch of the Canara Robeco Balanced Advantage Fund on July 12, 2024, has reignited interest surrounding balanced advantage funds (BAFs). Not that these funds were not in vogue; however, the bullish run of the stock market encouraged many investors to adopt an aggressive approach while opting for equity mutual funds for investment. For
If you buy an annuity in a rollover individual retirement account a few months from now, you might get a better deal on it. That’s because your insurance agent will be required to act as a fiduciary in your best interest. It’s just one of the changes in a new Department of Labor rule set
With the recent surge in Pokemon card prices, collecting has transformed from a childhood pastime into a significant market for collectors and investors. Historically, Pokemon cards were primarily seen as toys or game pieces. However, rare cards like the 1st Edition Charizard or Pikachu Illustrator card have sold for hundreds of thousands of dollars at
In the running debate between actively managed funds versus simply investing in a fund that tracks the S&P 500, the scorecard continues to tilt toward the broad stock market index. According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 managed to outperform the index
Buying property is an aim for most Americans — just to have a place to call home that they own. However, in the next five years, there are cities that will pay off for buyers and others that will sink them. While there is no definitive way to predict the future, the best people to
Ranked No. 3 on Barron’s 2023 list of top RIA firms, Overland Park, Kan.-based Creative Planning has grown to become one of the nation’s largest RIAs. Established in 1983, Creative Planning had all of $100 million in assets in 2004. Thanks to organic growth, and more recently, an emphasis on dealmaking, the firm today manages
Caption: Left: Portrait of Jasmine Rashid by Maya Minhas. Right: Book cover for the Financial … [+] Activist Playbook (Berrett-Koehler Publishers, available September 10, 2024) Jasmine Rashid, Berrett-Koehler Publishers) How does someone become the first in their family to build generational wealth… without doing so at the expense of marginalized communities? How do recent grads
Bitcoin and other cryptocurrencies were rising early on Monday but the sector still faces headwinds going into the second half of the year. Bitcoin was up 4.1% over the last 24 hours to $63,311. That means the largest cryptocurrency has largely recouped the losses that came after last week’s news that the trustee of Mt. Gox,
Topline The Treasury Department will require most crypto brokers to disclose the proceeds of users’ transactions to the Internal Revenue Service starting in two years, the agency said Friday, a reporting requirement introduced to curb tax evasion through the cryptocurrency market. PARIS, FRANCE – APRIL 13: The requirement will begin in 2026. (Photo illustration by
Why investing in places like Birmingham, Alabama is key to securing U.S. biotech dominance as China tries to close the gap
Breakthroughs in biotechnology hold the potential to transform lives for patients and families in search of treatments and cures while generating economic growth and creating high-impact jobs. Developing pathways to personalized healthcare options for all Americans is a critical frontier in research and development. Moreover, American leadership in a dynamic, global bioeconomy is critical to