View photos U.S. President Donald Trump, left, shakes hands with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan. The trade war between the two countries led business to be prepared for Chinese supply chain disruptions. (AP Photo/Susan Walsh, File) More A global outbreak of the new […]
Bernie Sanders is wrong about Fidel Castro's Cuba. Does that make him worse than Trump?
Cuban-Americans are furious and some suggest they may ditch Bernie Sanders over his praising of “massive literacy” under Fidel Castro’s communist Cuba. The wicked remarks unleashed a media frenzy forecasting big trouble for the Democratic frontrunner because Cuban-Americans are powerful in Florida. But by the time Florida holds its primary on March 17, Sanders may have […]
Three reasons why I invest in bonds (and why you should, too)
An astute reader checked out my investment disclosure page and asked me a straightforward question: “Why do you own so many bonds?” That’s an excellent question, particularly since interest rates are so low right now, making bonds a poor place to try to earn a strong return on your investment at the moment. The answer boils […]
4 Fintech Trends to Watch For in 2020
The fintech industry is one of the most visibly disruptive sectors since it can dramatically impact everyday consumers as well as the business of all sizes. It’s also potentially a highly regulated sector, with governments and regulators well aware of the need to both protect consumers and businesses, and to provide a fair, competitive environment […]
South Africa to create $2 billion sovereign wealth fund
South Africa will create a 30 billion South African rand ($2 billion) sovereign wealth fund using the proceeds of state assets sales, gas royalties and other sources of income. Minister of Finance Tito Titus Mboweni outlined details of the South African Sovereign Wealth Fund in his 2020 budget speech Wednesday. “A sovereign wealth fund is […]
SEBI gives direct access to stock exchanges for mutual fund investments
Very soon, investors will be able to invest in mutual funds directly through the stock exchanges on their own and without the assistance of their distributors or Registered Investment Advisors (RIAs). The Securities and Exchange Board of India (SEBI) has asked stock exchanges to allow investors to buy and sell mutual funds directly on their […]
Trump facing growing coronavirus crisis amid market jitters and administration chaos
President Trump vowed to take on coronavirus Wednesday even as a plunging stock market and chaos within his own administration laid bare a potential major global crisis that could threaten his reelection battle. Returning from a trip to India, Trump scheduled a news conference for Wednesday evening after mixed messages and outright misstatements made by […]
I cheated myself out of almost $100,000 by spending my retirement funds early, but that mistake taught me a lesson I live by
I liquidated a retirement account I had in my 20s, confident I would replace the money — someday. That was an investment mistake. If I had left that small, early investment alone, it would have grown by as much as 600% in the years since then. Now, my best strategy for growing my retirement savings […]
Trump to Detail US Coronavirus Efforts, Schumer Seeks $8.5B
[unable to retrieve full-text content]Senate Democratic leader Chuck Schumer has unveiled an $8.5 billion request to respond to the virus outbreak in the U.S., more than triple Trump’s request.
Mutual Fund Helpline: How to reduce the number of funds and in how many funds you should invest?
[unable to retrieve full-text content]In this segment of Mutual Fund Helpline: How to reduce the number of funds and in how many funds you should invest?
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