Adam Ashton | CalMatters Hands Off protest against Trump, Musk in Palm Springs People gather at Palm Springs City Hall on Saturday, April 5, 2025, to protest the actions of the Trump administration, including Elon Musk’s role. This story was originally published by CalMatters. Sign up for their newsletters. The investment chief who’s responsible for the retirement plans
People on Wall Street react to sinking stocks from tariffs People on Wall Street reacted to the stock market downturn from Trump’s tariffs announcement with a mix of worry and optimism. President Donald Trump defended his tariff strategy in light of the stock market’s quick fallout, saying “sometimes you have to take medicine to fix
BlackRock Chief Executive Officer Larry Fink is proposing a new tweak to an age-old investing formula. Instead of a traditional 60/40 split between stocks and bonds, the prominent asset manager wants everyday investors to branch out and diversify into private market assets. “The future standard portfolio may look more like 50/30/20 — stocks, bonds, and
Loss aversion is a bias to feel the pain of losses more strongly than the pleasure of gains – and … More this can impact how you invest for your retirement. getty Nobel Prize-winning economist Daniel Kahneman’s book Thinking, Fast and Slow explores how the brain processes decisions and the biases that often shape them.
The benefit of hiring someone to manage your money is getting expert investment advice that protects your portfolio from market volatility while fueling its growth. But, what if you’re paying for advice you don’t agree with? Say you’ve decided to use your father’s wealth manager to oversee your own money, only they decide to put
More Americans than ever are dipping into their retirement prematurely, and experts warn it could have serious consequences on their finances later in life. A study by Vanguard that examined data from nearly 5 million people with retirement accounts, found a record 4.8 percent of account holders took hardship withdrawals from their 401(k) accounts in
Several investment income strategies can help ensure financial stability. getty As your retirement approaches, like many Canadians, you may want to shift your financial focus from wealth accumulation to generating reliable income streams that can sustain your lifestyle during your golden years. There are several investment income strategies for you to consider that will ensure
Congress passed the Secure 2.0 Act in 2022 to expand saving opportunities for individuals who have access to savings vehicles like 401(k)s and workplace savings plans. Several of the bill’s provisions go into effect in 2025 and, if you’re like many workers, your 401(k) or workplace savings plan is likely the foundation of your retirement