“For what you pay in rent for that urban studio, you could have a whole five-bedroom house in…” The question on whether to rent or buy is dependent on many factors other than the pay check one shells out every month for housing — one’s city and even neighborhood, plans …
Read More »This week’s Fed vs. markets showdown could decide fate of early 2023 stock rally
Let’s get ready to rumble. The Federal Reserve and investors appear to be locked in what one veteran market watcher has described as an epic game of “chicken.” What Fed Chair Jerome Powell says Wednesday could determine the winner. Here’s the conflict. Fed policy makers have steadily insisted that the …
Read More »Tesla and Toyota Have a Surprising Edge Over Every Major Car Brand
While the decades-old jokes and debates usually relate to boat upkeep (Bring Out Another Thousand), a flashy car with expensive parts can be no less of a financial strain long after the initial purchase has been paid off. Maintenance costs are also not always directly related to the flashiness of …
Read More »U.S. Treasurys at ‘critical point’: Stocks, bonds correlation shifts as fixed-income market flashes recession warning
Bonds and stocks may be getting back to their usual relationship, a plus for investors with a traditional mix of assets in their portfolios amid fears that the U.S. faces a recession this year. “The bottom line is the correlation now has shifted back to a more traditional one, where …
Read More »KoreID Mobile App Makes Investing Easier and Faster
NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) — Investing online is easier, faster, and safer with the new KoreID Mobile App. Launched by KoreConX, this mobile online passport for investments works on iOS and Android and is 100% free. All a user needs is an account on the KoreConX All-In-One …
Read More »Why BlackRock prefers ‘selected’ stocks in emerging markets as U.S. dollar weakens
The backdrop for equities in emerging markets is turning more positive as the U.S. dollar weakens and China reopens its economy after stringent COVID-19 restrictions, according to BlackRock, the world’s largest asset manager. Stocks in emerging markets have recently rallied, after broadly lagging developed-market equities, down nearly 20% since mid-2021 when …
Read More »As China Opens, ETFs Open Up Your Investing Options
We can all agree that Russia was the country in 2022 that provided the largest amount of political and regional volatility. From an economic perspective, however, that title would have to go to China. The steps China’s government took to control the spread of Covid make what the U.S. and …
Read More »10 simple investments that can turn your portfolio into an income dynamo
Many people are good at saving up money for retirement. They manage expenses and build up their nest eggs steadily. But when it comes time to begin drawing income from an investment portfolio, they might feel overwhelmed with so many choices. Some income-seeking investors might want to dig deeply into …
Read More »Stock-market rally looks ‘unsustainable’ as S&P 500 enters ‘new, lower valuation regime,’ warns Citi
This year’s stock-market rally has pushed the S&P 500 index to valuation levels that make it difficult for the index to climb much higher based on the current macroeconomic environment, according to Citigroup Inc. The S&P 500’s trailing price-to-earnings ratio is back to 18.2x, “dangerously close to the upper end …
Read More »18 Best Passive Income Investments To Build Your Wealth In 2023
FangXiaNuo / Getty Images Passive income is any type of money you generate without needing to continuously monitor or actively participate. For example, the salary you earn from your job is considered active income, as you work to earn it. But passive income generates money in your account with little …
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