Month: July 2021

Sir Richard Branson has vowed to beat Jeff Bezos to space, confirming plans to bring forward his first trip aboard a Virgin Galactic spaceship to July 11. After almost two decades of research and testing by the two men’s companies, Branson’s flight would beat his billionaire rival’s inaugural mission by just nine days. “I truly
0 Comments
Goal-based financial planning isn’t a new concept. Neither is diversification.  We know that we’ve historically used life insurance as a risk management tool that helps with income replacement during your working years. But life insurance also plays an important role in a diversified and comprehensive financial plan. It’s important to first establish your goals, then
0 Comments
Municipals were firmer by a basis point Thursday amid light secondary trading and a quiet primary as the second half of the year and July reinvestment kicks off while broader markets mostly held steady ahead of Friday’s employment numbers. Inflows came in below $1 billion for the first time since the start of June, with
0 Comments
Even the most enlightened citizen curses taxes at least once a year—possibly while simultaneously acknowledging that they’re the price of a civilized, developed society. Even knowing the value of that bargain, loathing the taxman is as inevitable as taxation itself. In the U.S., at the federal level, that unenviable duty falls on the Internal Revenue
0 Comments
New Jersey Attorney General Gurbir Grewal will lead the SEC’s enforcement division, putting a well-known former prosecutor in charge of the unit that polices Wall Street. SEC chair Gary Gensler. Bloomberg News SEC Chair Gary Gensler announced the pick on Tuesday, touting his experience at state and federal levels. Gensler’s first pick, Alex Oh, resigned
0 Comments
Sharing is Caring! by confoundedinterest17 The spread between home price growth and wage earnings is back to the days of the US housing bubble that peaked in 2005. But this time it is different. The 2005 housing bubble was driven by shoddy credit and limited documentation lending. This time the housing bubble is driven by The
0 Comments
A recent survey of financial advisors and their investing strategies shows “a significant shift to embracing cryptocurrencies.” More than 26% indicated that they plan to increase their recommendation of cryptocurrencies over the next 12 months. Furthermore, 49% of advisers said that clients have asked them about investing in cryptocurrencies in the last six months. Financial
0 Comments
In contrast to the circus surrounding the vote count in the Democratic mayoral primary, the New York City Council quickly approved a record $98.7 billion fiscal 2022 operating budget drama-free. Mayor Bill de Blasio and City Council Speaker Corey Johnson announced an agreement Wednesday, the last day of fiscal 2021. It is the final budget
0 Comments