How does the idea of being your own boss sound? Maybe you’ve wanted to own a business your whole life and now that you’re retired you think now is the time. But you should be cautious. Today’s article gives five dangers of starting a business in your retirement. Here’s one, “Running a business may be the most challenging job of…
So your parents didn’t start a retirement fund for you the moment you were born and you didn’t start saving when you got your first job? Do you think now it’s too late and that you’ll be stuck working for the rest of your life? Today’s article replies to a reader’s question of what to do when you have nothing…
It seems like August was a month of all great financial news where everyone was winning. But today’s article highlights a handful of stocks you hopefully didn’t own in August. Here’s what the author had to say about them, “These stocks are all down more than 5% in the month of August. Such a poor showing is glaring amid a…
Lately, all we’ve heard about is the stock market breaking records here and there. But is that all about to come to an abrupt end? Today’s article explains both the optimistic and bearish views for the future of the stock market. “Plenty of experts think stocks are about to drop. But many others offer compelling arguments for the rally to…
No bears can be seen around the stock market this month. Today’s article discusses the amazing August Wall Street has had so far. Here’s a quote, “the bull is back on Wall Street, witnessed by a 3.7% gain this month for the S&P 500, putting it on track for its best August since a 6.1% return in August 2000. The…
Have you always dreamed of retiring abroad but thought there was no way you’d be able to afford it? Today’s article discusses a list of places that are supposedly the best places to live abroad. Here’s how the locations were chosen to compile the list, “both the Retire Overseas Index and International Living rankings are derived by combining statistics (from…
Today’s article features a retirement Q&A session with Putnam Investments president and chief executive officer, Robert Reynolds. Here’s what Reynolds had to say about the biggest mistake people make when saving for retirement, “Not contributing enough — that’s the magic key. Because when the Pension Protection Act of 2006 came out they said start saving at the 3 percent level…
Warren Buffett isn’t called The Oracle just for kicks, the man knows what he’s doing. Today’s article features ten of Warren Buffett’s most dominant stocks. Here’s what the author had to say, “Recent filings show that Warren Buffett and Berkshire Hathaway have started to become very concentrated in just a few holdings — approximately 58% of the $107.6 billion value…
Are you saving up for retirement? Are you healthy? Does being healthy have anything to do with putting away for retirement? According to the study that today’s article discusses, yes, it does. Here’s how they set up the study, “first, the measures of about 200 employees were taken to establish a baseline. Then all the employees were told their health…
If you’re worried about the Baby Boomers creating absolute chaos in the stock market by doing the unthinkable and get rid of their stocks so they contribute to their retirement, fear not! Today’s article explains exactly why those born between the years of 1945 and 1964 aren’t going to ‘unload’ their stocks for retirement. The author gives several reason why…