Topline Stocks plunged on Friday and hit new lows for 2022, wrapping up a brutal sell-off this month as investors continued to dump tech shares amid ongoing uncertainty around an economic slowdown caused by surging inflation and the prospect of aggressive interest rate hikes. Key Facts The Dow Jones Industrial Average fell 2.8%, over 900
Retirement
It’s hard to find many reasons to be bullish on the stock market right now. On the other hand, there are many reasons to be bearish, at least in the short term, from war to inflation to monetary tightening to fiscal spending declining in 2022. From an investing standpoint, a far more transformative event than
By Chris Farrell, Next Avenue Carline Bengtsson, age 59, retired in September 2019 after a nearly 27-year career as an engineering program manager with Medtronic MDT , the global medical technology company headquartered in Minneapolis. She launched her for-profit social enterprise Dine4Dinners in June 2020, despite the pandemic. “I would say I got the idea
By Ronnie Genser, Next Avenue My unexpected journey to my “second act” began on September 20, 2011, the second day of Rosh Hashanah (Jewish New Year 2011) when my beloved husband Sandy (Sanford) Weinberg, age 61, had an unexpected massive heart attack around 11 pm. ADVERTISEMENT Sandy was a health care management professor at the
By Lazetta Rainey Braxton, Next Avenue Inflation, the increasing costs of everyday expenses, has slowly crept its way into our lives like undesired weight gain; at some point, you’re guaranteed to feel the pinch at almost every turn. With rising prices, Gen Xers face spending more money now to maintain our current lifestyle while feeling
When establishing a Plan B or backup residency, most people look for the easiest option… but “easiest” isn’t a one-size-fits-all concept. You also want to consider how difficult the residency, once obtained, is to maintain. As well, there are different kinds of residency programs—those intended specifically for retirees, for example, and those you qualify for
What if you could invest your money in ways that also help achieve positive environmental and social impacts? Now you can — with an investing strategy known as socially responsible investing, or SRI. Also known as environmental, social and governance (or ESG) investing, this strategy allows you to invest your money in ways that align
One area that has not experienced the cryptocurrency trend is the 401k. That could soon change, with the announcement by Fidelity this week that it would let 401k operators opt-in to allow their employees to invest in bitcoin through a retirement plan. It marks the first time that a major brokerage house has signaled that
It’s been more than two years since the pandemic trigged massive unemployment in the U.S. Some might say we have a nearly full recovery to pre-pandemic levels, mostly referring to the recovery of the ‘prime age’ labor force participation rate. But the story is different for older workers. Even if the news recognizes the possibility
Women are often associated with caring about the environment and fossil fuel free investing. Makes sense, given that we use the term “Mother Nature.” As You Sow’s Fossil Free rating system allows us to incorporate the desire to be fossil fuel free while pursuing your investing goals, such as a carefree retirement. Let’s examine aligning