Billionaire investor Warren Buffett was a sharp critic of Donald Trump during the presidential campaign, but said in an interview broadcast by CNN Friday that he expects the stock market to continue rising.
The stock market will be higher 10, 20 and 30 years from now and it would have been with Hillary [Clinton] and it will be with Trump, Buffett said. Suggestions by market pundits that stocks....More>>>
Now that the tax filing deadline has passed for the 2016 tax year, this is a perfect time to start thinking about some simple ways to boost retirement savings and at the same time lower overall tax liability for 2017.
Start Thinking IRA: For 2017, the maximum IRA contribution is $5,500, or $6,500 if you are over the age of fifty. Contributions can generally be made in....More>>>
Bitcoin’s price has been on a tear recently.
After spending months in the $600 range, it shot from about $750 a month ago to $1,150 yesterday.
But that changed overnight as the price dropped about 22%, according to the CoinDesk Bitcoin Price Index. It’s rebounded slightly and is now trading at around $975 as of press time.
If there is one word that could sum up energy stocks and crude oil prices during the third quarter, it would be volatility. After rebounding off the lows hit during the first half of the year, energy stocks were essentially flat over the past few months with the benchmark Energy Select Sector SPDR (XLE) gaining around 2% during the quarter.
But there was plenty of volatility along the way....More>>>
You may already know that mutual funds are vehicles that invest pools of cash contributed by investors who purchase shares of the fund. What you may not know, and what your financial adviser may never have taken the time to explain to you, are some of the fundamental aspects of a mutual fund that help to define it and differentiate it from its competitors.
See Also: Kiplinger’s Mutual....More>>>