What if there was a way you could tap this market correction to grab the biggest S&P 500 stocks cheap—all while hedging your downside and getting a 7.2% dividend yield? It’s not only possible, but you can do it in one single buy. More on that in a moment. First, I’m pounding the table on
Retirement
U.S. corporate bond debt continues to grow and protections are getting weaker for high yield bonds. Getty Non-financial corporate debt in the form of loans and bonds is now about $16 trillion, an equivalent of about 75% of U.S. GDP. This is an over 50% rise since 2007. Presently about a third of that debt
Headlines blared when a rare anomaly occurred in the bond market. While the yield curve has been inverted in a general sense for some time, for a brief moment the yield of the 10-year Treasury dipped below the yield of the 2-year Treasury. This hasn’t happened since the depths of the 2008/2009 recession. The news
Congratulations, you have finally signed your estate planning documents. Now, where do you keep them? Many lawyers (myself included) will hold your original documents in their firm’s will vault. Years ago, that consisted of an actual vault or bank safe that was locked and fire proof. Nowadays, many law firms use fireproof, locked file cabinets.
At the beginning of the year, the Fed was expected to increase interest rates in the midst of a booming economy. Now, just months later, it has reversed course, not just maintaining interest rates, but dropping them. They seem to know something we don’t know. Or, perhaps, the writing is on the wall and we’re
This week, the U.K.’s Financial Times covered an important and overlooked aspect of how the U.S. treats its elders: bankruptcy. Stories of seniors filing for bankruptcy are heartbreaking and uncomfortable, so I am not surprised that it took a correspondent paid by a foreign newspaper (Patti Waldmeir) to tell this American story from the lobbies of
Will you be richer if you run away from your Equinox gym membership? MediaNews Group via Getty Images This is an article delves into a few financial planning questions I’ve meant to answer for quite some time. Is Equinox worth the astronomical monthly dues? Would the gay community be better off saving that money for retirement? Will
Gold bullion (Photo credit: PAUL FAITH/AFP/Getty Images) photo credit: AFP/Getty Images Getty Gold prices could rally more than 10% in the next 18 months, a new report says. The bullion bounce surge, which has taken off this month, will continue to be propelled by mounting investor worries, according to Swiss bank UBS. “Gold is set
With online banking services, companies can save both time and resources while also keeping track of their expenses in a convenient and cost-efficient way. Gone are the days when a company representative had to go to the bank in-person to deposit a check or withdraw cash for wages, as all of these operations can now
I want you to think about your very first reaction when you flick on the TV and see the Dow has crashed 300, 500—even 800 points. It feels like you’re drowning, right? It’s physical, like a gasp after falling into a cold lake. Your first instinct is likely to reach for the closest “life preserver.”