Topline Billionaire investor Warren Buffett has used the ongoing market sell-off as an opportunity to buy the dip and add several new major positions as his investing conglomerate, Berkshire Hathaway, deployed tens of billions of dollars into stocks during the first quarter, according to new regulatory filings. Key Facts Buffett’s Berkshire Hathaway took advantage of
Retirement
Topline The stock market moved higher on Tuesday in an attempt to bounce back after six consecutive weeks of heavy losses, as investors digested the latest comments from Federal Reserve Chair Jerome Powell, who pledged to keep raising interest rates until inflation starts “coming down.” Key Facts Stocks widely rebounded, paring back some of the
Topline With the stock market falling for the last six weeks in a row amid growing concerns about an economic slowdown and the Federal Reserve raising interest rates to combat inflation, an increasing number of Wall Street experts are warning of now “uncomfortably high” recession risks, with rising odds of a downturn within the next
The stock market has taken investors on a wild ride over the past several months. It is during these volatile times that I experience a higher volume of calls from individuals who are concerned about their retirement assets and wondering what they should do. My most concerned callers are those who are getting ready to
2022 has given us plenty of reasons to fear for our financial health—inflation, rising interest rates, and a global conflict are the big three that have sent stock and bond markets into one of the more volatile stretches we’ve seen, at least since the initial shock of pandemic shutdowns roiled markets in 2020. However, as
Those who are retiring now might have waited too long. Don’t let this happen to you. You might be thinking retirement is too far away to worry about. If you plan on claiming your gold watch within the next ten years, it’s not. In fact, if your last day is less than five years away,
It’s nothing new when your stubborn aging parent refuses help. Maybe they have been generally stubborn for as long as you can remember. But with aging, you see them less and less able to do things, and you worry. Aging takes its toll on independence with everyday things like shopping, driving, cooking, and laundry. It
By Richard Eisenberg, Next Avenue If you are a boomer or Gen Xer and have wondered why your millennial and Gen Z colleagues work the ways they do, you can be pretty sure they’re wondering the same thing about you. But in their new book, “Gentelligence,” Miami University management professor Megan Gerhardt (a 45-year-old Gen
By Erin Flynn Jay, Next Avenue Consumer inflation accelerated to an annual rate of 7.5% in January, the fastest pace in 40 years, according to the Bureau of Labor. Rising costs of food, energy and shelter inflation hit retirees on fixed incomes the hardest. Like many people who are no longer working, Dolores Macrina, a
By Chris Farrell, Next Avenue Janie Morisette taught school in Hardin, Montana, for 32 years before retiring in 2019. Her long-time home, with five bedrooms, 2.5 baths, and an attached garage, was too much home for a 72-year-old. She and her daughter, who lives in St. Paul, Minnesota, decided that Morisette would move to St.