Month: February 2022

Among other options, retirees can opt to set up annuities to receive a steady stream of cash for the time after they have stopped earning a regular income. Though annuities are generally considered to be risk-free forms of investment, they do have disadvantages; annuities are seen as largely illiquid, for instance, and they are only
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A brokerage known in the industry as being “friendly” to hybrid RIAs allegedly failed to review unsuitable leveraged ETF transactions that cost clients of one of its practices millions of dollars. Purshe Kaplan Sterling Investments didn’t adequately supervise Harvest Group Wealth Management, a Waltham, Massachusetts-based hybrid RIA whose clients lost $2.3 million on unsuitable investments
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Sharing is Caring! by Charles Hugh-Smith When the crash can no longer be denied, the drop is widely recognized as having been obvious and inevitable.. The last chance to exit is well-known in stock trading circles, but the concept can be applied much more broadly. The basic dynamic at work is a mismatch between the fundamentals (i.e.
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South Korea’s Ministry of ICT, Science, and Future Planning pledged 223.7 billion KRW ($186.7 million) to create a broad Metaverse ecosystem to support the growth of digital content and corporate growth within the country. The Ministry wrote in an official statement on Feb. 27 that funds will be spent on completing four main objectives in
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press release PRESS RELEASE. NFTs have taken the crypto community by storm. As market participants realized the number of applications for ‘Non-fungible tokens’ (used to certify the authenticity of digital assets), many immediately saw $$$ signs. Nevertheless, although the talk about NFTs often only revolves around certifying artwork, there is another field that has natural
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Silver prices grind higher after four-week uptrend, recently easing from daily top. Market sentiment dwindles amid anxiety over Kyiv-Moscow negotiations. Western sanctions, Russia’s nuclear alarm keep traders on the edge, EU’s von der Leyen hints at Ukraine’s inclusion in the bloc. Headlines surrounding Russia, Ukraine remain as crucial drivers, second-tier data may entertain traders as
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China and its central bank, the PBOC, are either outright copying or doing very similar policy measures that… by Jason Burack of Wall St For Main St  China and its central bank, the PBOC, are either outright copying or doing very similar policy measures that the US government and the Federal Reserve Bank did in
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What Is Business Financing? Unless your business has the balance sheet of Apple, eventually, you will probably need access to capital through business financing. Even many large-cap companies routinely seek capital infusions to meet short-term obligations. For small businesses, finding a suitable funding model is vitally important. Take money from the wrong source, and you
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The Central Bank of Russia’s substantial reserves stockpile was meant to maintain the currency’s stability in the face of market panic. The reserves — worth $630bn, as of the end of January — are made up of assets and deposits denominated in the world’s major currencies (that is, the dollar, euro, sterling and the yuan).
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Norway’s $1.3tn oil fund will dump its Russian investments as part of a wider package of support for Ukraine, highlighting how the international financial pressure on Moscow is being ratcheted up. Norges Bank Investment Management, the sovereign wealth fund housed inside Norway’s central bank, has been instructed to immediately freeze all new investments in Russia
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Sharing is Caring! Via Sundance When we shared yesterday that all interested observers should be very wary of the information from media sources around Ukraine, there was a reason for that.  Question everything. Take nothing at face value. If you have never experienced the propaganda push surrounding war, the totality of the inbound bullsh*t can be destabilizing, overwhelming and
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Today’s Social Security column addresses questions about how retirement benefits accrue both cost of living adjustments and delayed retirement credits, the ability to suspend a retirement benefit and potential effects of having no income before filing. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
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Soaring inflation could pressure the credit ratings of public sector utilities if rising costs lead to rate hikes that spark customer and political opposition, S&P Global Ratings said. The Consumer Price Index jumped 7.5% in the 12 months through January – the largest increase in nearly 40 years – leaving consumers and non-profit power, gas,
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Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Once again, the gold market has disappointed and frustrated a lot of investors after seeing a nearly $100 intraday swing
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To be sure, ARKK will participate in the massive short-squeeze rally that is somewhere in the near future, where “near” is defined as… by Dave Kranzler of Investment Research Dynamics The following commentary on $TSLA is an excerpt from my latest Short Seller’s Journal – I’ve hit several home runs over the last year, including $DKNG, $HOOD,
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If you’re a property owner in the United States, then you’re no stranger to the concept of property taxes. Largely considered a necessity at the local and county level to keep operations running, these taxes most commonly deal with real estate. Though it’s everyone’s responsibility to pay their share of taxes, there are legal methods
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