Month: January 2019

Concerns About Too Much Debt RemainGetty Over $100 billion of investment grade corporate debt has been issued already in 2019 according to Bloomberg.  The High Yield Market, which went without a single new issue the entire month of December has down over $12 billion already this month, since the spigots were re-opened on January 10th.
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Stocks may be on the brink of another correction. Despite 2019’s strong start, the Economic Cycle Research Institute’s Lakshman Achuthan believes the market remains in a danger zone, because there’s evidence economic growth is still decelerating. “The elephant in the room remains the cyclical slowdown. And, as long as that slowdown is in play… the
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You’ve generously provided for your children and maybe your grandchildren by placing some wealth in a trust for their benefit. They aren’t going to receive distributions from the trust for years. But when will your children learn about the trust you set up and how much wealth it holds? Estate planning rarely focuses on this
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With December’s monster sell-off in hindsight, many investors are looking for a potential shelter to hide when the market goes wild again. And U.S. Treasuries, Japanese yen and gold could be their best safe havens, according to HSBC. The bank ran 10 million simulations of various portfolio weightings and found that short-dated Treasuries are a
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Do Biweekly Payments Save Money?(c) canstockphoto.com / AndreyPopov Lenders who offer mortgages with shorter payment periods than the standard monthly payment mortgage usually do claim that they will save the borrower money. But they seldom explain how. The Sources of Borrower Savings There are only three possible sources of savings to the borrower from increasing
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Historic Clark Mansion is listed for $12.9 million.Mike Tauber Manhattan’s Upper West Side is a charming brownstone nirvana whose four and five-story row townhouses have attracted the likes of Jeff Daniels, Mark Ruffalo, Enrico Caruso, Arturo Toscanini, and even Columbia University over the years. Located on Manhattan’s Riverside Drive, the three-terrace mansion is named for
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Developing the plan.FreeImages.com/Miguel Ugalde Retirement planning is a complex problem we can simplify by first focusing on what matters most. The key is getting the big decisions right. The “big picture” retirement finance problem definition is straightforward. How can we work for perhaps 40 years to pay our household’s living expenses and simultaneously save enough
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Launched in 2010 by scientists at the National Institute on Drug Abuse (NIDA), National Drug and Alcohol Facts Week® (NDAFW) is a health observance week for teens that aims to Shatter The Myths® about drug and alcohol use. But as it turns out, older adults might just benefit from a refresher course on the subject, as research shows
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RH New York ExteriorRH, Restoration Hardware We are living in one of the most historically difficult times for retail. Stores are closing, the number of salespeople on the floor is dwindling and the consumer experience hasn’t changed much, at least for the better, in a long time. But high-end furniture brand Restoration Hardware is looking
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Photocredit: GettyGetty You’ve probably heard that refinancing your mortgage can save you money. While that’s true in many cases, refinancing needs be done at the right time in order to result in a lower monthly payment and it should be done for the right reasons. Below, we’ve outlined some scenarios in which refinancing makes sense. Read
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A few weeks back, I wrote a blog post called “Retirement: Employers Just Don’t Get It” about surveys showing that employers are dismissing the dire financial circumstances of many older workers and the eagerness many older employees have to keep working. Now, another survey painfully demonstrates how poorly employers are doing responding to the boomer
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