Funds

admin June 16, 2018

Many middle-class workers plan to work throughout their old age, according to a recent Wells Fargo survey. A growing percentage of middle-class Americans say they have saved so little for retirement that they expect to work into their 80s or even until they either get too sick or die, according to a recent survey. Nearly […]

admin June 16, 2018

Carole Grant, 75, has been told she owes almost $61,000 for nearly 20 years of pension overpayments. Some pension plans have overpaid retirees for years — now they’re demanding their money back. For retirees, it can mean owing tens of thousands of dollars. And with little warning, their pension checks are being slashed to cover […]

admin April 26, 2018

Find out if you will have enough to retire. Click the image to use our retirement calculator. While many Americans are falling short on savings, millennials are most at risk of being unable to afford essential retirement expenses — such as food, shelter and medical care, according to a Fidelity Investments survey released Wednesday. Fidelity […]

admin April 25, 2018

Gift registries aren’t just for weddings and baby showers anymore. Move over brides and expectant moms: Now college-bound kids want to be showered with gifts also. Gift registries have long been popular for lots of big life events, and now we can add college to the list. Big box retailers make it easy for teens […]

admin April 25, 2018

Biotech companies are restoring sight to the blind, curing hepatitis C and fighting off HIV. As they save lives, biotech companies are simultaneously making a lot of money for investors. That’s why the hottest ETFs (exchange-traded funds) on the planet since the bull market began in March 2009 invest in biotech companies. The First Trust […]

admin April 25, 2018

Investors pulled out roughly $7 billion from Chinese funds over the past week. Chinese funds just experienced the biggest exodus of money ever. Investors abruptly pulled out nearly $7 billion from Chinese funds and ETFs over the past week, according to financial data firm EPFR. The withdrawal comes after index provider MSCI surprised investors by […]

admin April 25, 2018

The word of the week for investors was “sell.” Mom and pop investors are dumping their investments and moving to cash at levels not seen since the financial crisis of 2008. It’s an “investor revolt,” is how Credit Suisse characterized it. Normally when investors panic about stocks falling, they sell stocks and buy bonds, which […]

admin April 24, 2018

Once the world’s largest and most influential bond fund, Pimco continues to fall from that stature. Its star has dramatically dimmed after its founder, the “bond king” Bill Gross, left Pimco almost a year ago. Investors started taking out billions of dollars from Pimco after Gross left and continue to do so. Just in August, […]

admin April 24, 2018

Harvard University is concerned about “frothy” markets. So it’s looking to hire short sellers — investors who bet that a stock will fall. The head of Harvard’s massive endowment — worth nearly $38 billion — warned that current market conditions “present various challenges to investors.” “This environment is likely to result in lower future returns […]

admin April 24, 2018

The acronym “BRIC” refers to Brazil, Russia, India and China. It was later expanded to “BRICS” to include South Africa. BRIC investing has officially fallen out of favor. Goldman Sachs (GS)‘ asset management business has killed off its BRIC fund, concluding that it would not “experience significant asset growth in the foreseeable future.” The powerful […]