You can grow your wealth automatically. These tips show you how you can automate your finances to increase your wealth and achieve the retirement of your dreams. Getty When we think of growing our wealth, we too often focus on active actions we can take. While actively growing your wealth is a good activity to
Retirement
Elon Musk, chief executive officer of Tesla Inc., arriving at federal court in New York, U.S., on Thursday, April 4, 2019. Photographer: Jeenah Moon/Bloomberg © 2019 Bloomberg Finance LP Why should a successful founder of a company voluntarily move on? Leading a company that you founded and built into a thriving enterprise is a heady
Reits touchscreen is shown by businesswoman. Getty In a recent research paper, Thomas Bohjalian, Head of U.S. Real Estate and Senior Portfolio Manager at Cohen & Steers explains said that “REITs have proven resilient amid escalating trade tensions between the U.S. and China, even delivering a slight gain in the U.S.” He went on to
“Zero inventory” has been mostly unobtainable for manufacturers. But cutting-edge 3D printing technology is giving managers renewed hope. Carbon announced Tuesday it raised $260 million in growth funding. This San Francisco company is developing a platform executives claim will bring 3D printing to high-volume production. Selective laser melting, direct metal laser sintering, 3d printing, industry 4.0 Getty
The gig economy is transforming the way people work, travel and buy products. Some of the companies behind these trends are household names. Shopify is not one of those, but the tiny Canadian company is winning at ecommerce. Managers unveiled a slew of new products and services last Wednesday. Shopify Inc. CEO Tobias Lutke and wife Fiona McKean,
ASSOCIATED PRESS In the South China Sea, Philippines President Rodrigo Duterte must do the right thing: stand up to China, protect the interests, the resources, and the lives of the Filipino people from China’s aggression; the same way the Indonesian and the Vietnamese leaders did for their own people. And that could ease geopolitical risks,
Regardless of what you think about Facebook, it is an immoveable force in the world of big tech. The social media giant June 18 unveiled Libra, a global payments system based on cryptocurrency. When it launches next year, the gated community of 2 billion will soon have its own currency. Mark Zuckerberg, chief executive officer
Maybe you read, or heard about, the buzzy, 6,000+-word article Arthur Brooks just wrote in The Atlantic with the incendiary headline: “Your Professional Decline Is Coming (Much) Sooner Than You Think.” It certainly caught my attention. I write about older workers often as a Next Avenue blogger and have a few thoughts about Brooks’ piece.
Avoid these retirement mistakes. Getty We all know it’s important to save for retirement. Even if you’re saving for retirement, some common mistakes might cause you to run out of money in retirement. Avoiding these 7 retirement savings mistakes can increase the chances that you’ll be able to grow your portfolio and outlive your money. 1. Not starting
Three days ago, I posted a column showing that Social Security is mailing out wildly incorrect benefit statements. I say statements because I presume if the Social Security computer produced one crazy benefit statement, it produced a slew. The column discusses one bizarre statement, copying the relevant part. The statement tells the worker that if
This might be the greatest time ever for shareholders. A perfect storm is on the horizon. The tailwinds are going to be amazing. Many investors don’t realize it yet, but the great digital transformation unfolding now represents a tectonic shift in the way businesses will operate in the future. Banner graphic – Industry 4.0 Getty
The virtual currency of Facebook Libra is a worthy effort but not the reason to invest in Facebook. Getty Facebook has started its own currency, the Libra. Bitcoin proved that you can create a currency without any government involvement although its wild price swings have kept it from being widely used. Facebook can give its currency the scale needed to achieve a
There’s a particular period when your retirement plan is at the highest risk of being derailed by market forces outside your control. Anyone’s plan can be upset at any time by overspending, bad investment decisions, and other personal actions. But there’s a particular time when retirees and pre-retirees are especially vulnerable to adverse market forces.
Getty Getty Most would agree that the type of job you hold determines how you feel about working. Some jobs just offer more and better benefits. The tasks associated with prestigious and professional occupations make them more ego-gratifying and intellectually stimulating, not to mention better paying. These jobs contribute greatly to one’s emotional well-being because
© 2015 Bloomberg Finance LP Japan is ahead of China in the Southeast Asia. In building the region’s infrastructure, that is. That’s according to a recent Fitch Solutions survey published by CNBC. Japan’s outstanding projects in the Southeast Asia are valued at $367 billion. China’s projects are valued $255 billion. Japan’s projects are concentrated in
If you own and operate a family business, it is more than likely a significant part of your family’s identity. While you may wish to see your family business continue for generations to come, not all families have a viable successor to continue the family’s legacy. If this is true for you, you generally have
A new survey of Americans from every state in the union has found that people with the greatest levels of joy are older, and further that as we age, our overall level of joy continues to grow as we believe more than ever that the world needs more joy. That’s good news for a country
“My mom is not safe by herself but she refuses help!” “My dad can’t manage alone anymore but he won’t go to assisted living”. As a consultant in the aging field working with families, I hear the complaints. The issue the adult children see is stubbornness. The aging parents see the family as intruding, and
Budget is the ‘B’ word Adobe Stock Photo Budget is the ‘B’ word. The word sometimes connotes a negative implication for some as they feel budget means ‘less spending.’ Although in reality, in the retirement and investment planning world, we view budgeting as knowing how much you spend so that you can have a plan
Photographer: Daniel Acker/Bloomberg © 2019 Bloomberg Finance LP Once upon a time, PepsiCo had a Greek snack problem: Best Foods, a fast-growing start-up company founded by entrepreneur Nontas Ohonos. That was back in the 1980s when PepsiCo entered the Greek market. The American giant had the scale and resources to expand into the market, snapping