Author: Jordan

Welcome to Kiplinger’s My First $1 Million series, in which we hear from people who have made $1 million. They’re sharing how they did it and what they’re doing with it. This time, we hear from a 68-year-old single government lawyer in Henrico, Virginia, who vows she’ll never retire.See our earlier profiles, including a writer in New England, a literacy interventionist in Colorado, a semiretired entrepreneur in Nashville and an events industry CEO in Northern New Jersey. (See all of the profiles here.) From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just…

Hedge funds came under pressure on Friday as a sharp global sell-off in AI-related stocks triggered an unwind of crowded technology positions, according to the Financial Times. Asian markets led the declines, with Japan’s Nikkei 225 falling more than 5%, while semiconductor and AI stocks across Japan, Taiwan and China sold off amid concerns over stretched valuations, geopolitical tensions and a higher-for-longer interest rate outlook. Many hedge funds, heavily exposed to AI beneficiaries, were forced to reduce positions as volatility accelerated. Despite widespread hedging, brokers reported losses continued to build as selling intensified. While many investors view the move as…

Want to stay informed with market insights and investing ideas from Morningstar? Sign up for my weekly Smart Investor newsletter here.This week’s highlights:Could this past week’s stock market decline be among the least surprising selloffs in history? Memory chip stocks that doubled, tripled, and more over the past year turned sharply lower over the last few weeks, staging declines well into the double digits.As we noted in our coverage of SK Hynix’s SKHY IPO, there may have been a fair amount of fast money and leverage driving these stocks into the stratosphere. That kind of momentum trade unravels as fast…

People moves for the week ending July 17 Alternatives Watch Source link

Paragon Bank has supported the refinance of a complex 77-property portfolio through its Multi-Property Portfolio proposition, with the deal expected to save the landlord around £280,000 over 5 years. Paragon Bank has supported the refinance of a complex 77-property portfolio through its Multi-Property Portfolio proposition. The case involved an experienced landlord working with broker Robert Haddrick of Bell Mortgage Solutions, who was looking to refinance a large and diverse portfolio. By consolidating the borrowing into a single multi-property application with Paragon, the client is expected to save around £280,000 over 5 years compared with remaining with their existing lender. Paragon…

A California brokerage is helping pre-IPO employees count private company shares as qualifying income on a mortgage, equity their banks refuse to see. CA, UNITED STATES, July 18, 2026 /EINPresswire.com/ — Employees at private companies like OpenAI, Anthropic, and Stripe can hold seven or eight figures in vested stock and still hear the same thing from every mortgage lender: it does not count. Companies are staying private far longer than they used to, often a decade or more, and most lenders require stock to be publicly traded before it helps a borrower qualify. The result is a growing class of…

Market Shift In just seven days, market sentiment flipped dramatically: investors went from worrying about an oversupplied market to scrambling to close out short positions after the United States launched fresh airstrikes on Iranian targets. Iran retaliated by attacking its Gulf neighbors and targeting commercial ships passing through the Strait of Hormuz, choking off a large share of tanker movements through this vital waterway over the last ten days. Crude prices climbed to their highest level in roughly a month during that period, recovering from a steep 30% decline in the second quarter. For decades, the Strait of Hormuz -…

Kevin Hilton has joined York-based Ware & Kay Financial Services (WKFS), bringing expertise in pensions, investments, protection, and estate planning. He will be based at the firm’s York office and will also meet clients in Malton and Wetherby. Mr Hilton said: “I’m delighted to be joining Ware & Kay Financial Services and to be working alongside a team that shares my commitment to providing independent, client-focused financial advice. “Having known and worked with Owen previously, it feels like a natural move, and I’m looking forward to reconnecting with familiar faces as well as meeting new clients. Owen Thomas, director and…

Money Metals – Buy Gold, Silver & Precious Metals for Investment For decades, investors largely viewed central banks as the primary force determining interest rates. According to Massif Capital founder and managing director Will Thomson, that era is beginning to end. Joining Mike Maharrey on the Money Metals podcast, William Thomson argued that investors are once again pricing bonds based on traditional fundamentals such as government debt, geopolitical conflict, political stability, inflation, and fiscal discipline. He believes these forces are fundamentally changing the global investment landscape, with important implications for bonds, stocks, gold, and portfolio construction. (Interview Starts Around 8:05…

Hedge fund Brevan Howard leased at Related Group’s Coconut Grove office building, while a Swiss packaging firm and a U.S. consultancy inked deals elsewhere in Miami in the latest new-to-market deals. Brevan Howard leased the nearly 7,000-square-foot third floor at the 2850 Tigertail Avenue building, according to the landlord’s broker.The Pérez family’s Related Group completed development of the 10-story building in 2021, with Related moving its headquarters there. Andrew Trench, who was part of the Cushman & Wakefield team that in April represented Related in the deal, confirmed the lease. He declined to provide financial terms of the lease. JLL’s Daniel Posy and…