All I was going to write about was taxes. I hadn’t planned on gay rights, religion, crackpot science and sovereign shenanigans, but as I view the last decade, those things kind of stick out. Go figure. “Then they sent some of the Pharisees and Herodians to trap him with his own words. When they came
Month: January 2020
Getty Real estate agents often become the go-to for all the advice their clients need during the house-hunting process. Some become more like therapists than salespeople, with buyers especially, but renters too, needing immense support through the understandably stressful process. But, due to federal, state and city fair housing laws, which are put in place
A demonstrator with a mask attends a climate protest rally in Sydney on December 11, 2019. Saeed Khan | AFP | Getty Images Australia has been burning since September and an end to the catastrophic destruction does not appear to be in sight. Officials believe the fires could take months to extinguish. The wildfires have
Institutional Investor hall of famer Richard Bernstein is concerned renewed Mideast tensions will put the world’s central banks in a painful spot. The CEO and CIO of Richard Bernstein Advisors said any more hostilities could derail their easy-money policies and spark economic troubles — particularly in the United States where a late-cycle bull market is
Eight months on a cruise ship — could you do it? For some, it’s an unimaginably long time at sea, while for others continuous cruising has become a way of life. For well-off and time-rich travelers, there’s a hunger not only for expeditions to novel, remote and less-accessible destinations, but also a growing interest in
David Solomon, chief executive officer of Goldman Sachs. Patrick T. Fallon | Bloomberg | Getty Images Goldman Sachs is reorganizing its businesses to more closely resemble Wall Street peers and give its nascent retail banking operations its own category. The bank is now calling its four main segments global markets, investment banking, asset management and consumer
Collectively, Americans owe more than $1 trillion in credit card debt. After the holiday season, however, individual balances bumped up another notch. Americans, on average, racked up about $1,325 in holiday debt last month alone, according to MagnifyMoney’s annual post-holiday debt survey. Further, more than three-quarters of those polled said they won’t pay off their balances
John Buckingham, chief investment officer at AFAM Capital and editor of The Prudent Speculator, portfolio manager Jason Clark and senior research analyst Chris Quigley are industry-leading value investors. In MoneyShow’s Top Picks 2020 report, they highlight their favorite ideas for the coming year. John Buckingham, The Prudent Speculator Last year, we chose Citigroup (C), Target
The process of using funds from an existing annuity to purchase another annuity is commonly referred to as an annuity exchange. If the funds being used are non-qualified (i.e. not held in something like an IRA), then the exchange would be a 1035 exchange (so named for Section 1035 of the IRS Code, which governs
Photo: Getty A few years ago, it would have been difficult to imagine a real estate developer raising millions of dollars from unknown investors in minutes — site unseen, no questions asked. Now, it happens every day through numerous online real estate crowdfunding investment platforms. To give you a sense of the power of these
Carlos Ghosn, former chairman of Nissan Motor Co., sits in a vehicle as he leaves his lawyer’s office in Tokyo, Japan, on Wednesday, March 6, 2019. Takaaki Iwabu | Bloomberg | Getty Images As Nissan’s former Chairman Carlos Ghosn made his way from Osaka, Japan to Istanbul, Turkey in a private jet, the price of
Farmer walks through his soy fields in Harvard, Illinois. Nova Safo | AFP | Getty Images China remains vague on how much the country will increase purchases of U.S. farm goods, considered a critical part of a trade agreement with Washington. Han Jun, vice minister of agriculture and rural affairs, confirmed to Chinese financial news
The Rolls-Royce Cullinan at the Geneva International Motor Show 2019. Martyn Lucy | Getty Images Rolls-Royce had its best year ever in 2019, driven in large part by its three-ton SUV that sells for over $400,000. The company, a division of BMW, said it sold 5,152 cars last year, the most in its history. That
Apple CEO Tim Cook gestures after opening the newly renovated Apple Store at Fifth Avenue on September 20, 2019 in New York City. Kena Betancur | AFP | Getty Images Is Apple due for a pullback after its nearly 90% surge last year? Longtime technology analyst Dan Ives doesn’t believe so. In fact, the Wedbush
Hero Images | Getty Images New parents will have one new source to tap for money — their retirement savings. The Secure Act, which was passed by Congress in December, is ushering in some of the biggest changes to retirement savings since the Pension Protection Act of 2006. But experts warn that tapping your retirement
Share to facebook Share to twitter Share to linkedin Healthy aging stories always inspire me, especially about older athletes. This one was a jaw-dropper, unlike anything I’ve ever seen. As reported by CNN and New York affiliate WHAM, a man broke into the house of 82 year old Willie Murphy, first trying to fool her
Getty The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 27, 2020. And I know what you’re thinking: when are those tax refunds coming? Assuming no delays, here are my best guesses for expected tax refunds based on filing dates and information from the IRS: Refund chart 2020 KPE * No matter
Photo: Getty More communities throughout the U.S. are demanding more flexible real estate options that can accommodate multigenerational families throughout all phases of life. One prominent and increasingly popular solution is the accessory dwelling unit, or ADU – an independent residential unit with its own kitchen, bathroom(s) and bedroom(s) that is either attached to or
Gwyneth Paltrow’s famous lifestyle brand Goop is about to hit Sephora stores, marking the first time it has partnered with another retailer to sell items like its vitamin chews and body scrubs. Up until now, Goop was only available at its own stores, on Goop.com and at some independent beauty shops. Starting Tuesday, Goop’s wellness
Traders on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Escalated geopolitical tensions swooped in and spoiled the market’s party in the new year, and Wall Street analysts warned the sell-off might be just beginning. After a historic run in 2019 and a strong first day of 2020, the S&P 500
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