When it comes to professional financial advice, there is one question you don’t want to forget to ask. That question is: Is this financial professional a fiduciary? according to Elliot Weissbluth, founder of HighTower Advisors. A fiduciary is a financial professional who has the legal obligation to put you first. That means the recommendations they
0 Comments
Goldman Sachs’s stock won’t see meaningful gains until the Malaysian government investment fund scandal is resolved, according to Morgan Stanley, which downgraded its rival investment bank on Wednesday. “It is unclear how long the issue will take to resolve, what the fines and penalties could be, and what costs Goldman Sachs will subsequently incur to
0 Comments
Child’s hand and podiumGetty Around a year ago we decided to create an Index for tracking REIT portfolios called DAVOS. Similar to FAANG (the acronym for tech stock Facebook, Amazon, Apple, Netflix and Alphabet and Google), we thought it would be clever to build a basket of the most popular REITs. DAVOS is also made
0 Comments
Boca Raton is booming with luxury developmentGetty Luxury development in Boca Raton, Florida is booming. Consider when the ultra-luxe Mandarin Oriental was choosing a U.S. location for its 164-room hotel & resort with 92 luxury branded residences, the Hong Kong-based company, owned by Jardine Matheson chose Boca Raton. The Residences at Mandarin Oriental, Boca Raton
0 Comments
Cropped shot of a a group of unrecognizable coworkers holding their hands in prayer before they eatGetty As Bette Davis famously quipped, “Old age ain’t no place for sissies.” My mother knows this all too well. In a couple of months, she’ll turn 90—making her part of one of the fastest-growing demographics in America. She lives independently in a retirement community and keeps
0 Comments
Shares of Navient sank more than 9.5 percent Tuesday after a report said that an ongoing government audit points to deceptive practices at the company that may have resulted in tens of thousands of borrowers opting into higher-cost plans. The results of the audit, reported by The Associated Press, suggest that the nation’s third-largest student
0 Comments