When looking to buy a house or just needing some quick cash, it’s not uncommon for people to look to their retirement accounts for easy money. I usually advise against this and feel it can cause more damage to your financial security than good, and I’d like to explain why. Spoiler alert: we’re going to
Month: May 2022
Municipals were weaker to start May with the one-year muni approaching 2% after one of the worst-performing Aprils in more than 30 years. The asset class on Monday outperformed U.S. Treasuries, which saw yields rise to multi-year highs while equities rebounded from losses earlier in the day to end in the black. Triple-A benchmarks were
VANCOUVER, British Columbia, May 03, 2022 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo“ or the “Company“) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to report silver assay results acquired as part of its 2022 Metallurgical Test Program for the Waterloo Property at its Calico Silver Project (“Calico“ or the “Project“) located in San Bernardino County, California. Results below are
Investors are flocking back to gold… by Adam Hamilton of Zeal LLC Gold investment demand is surging as traders increasingly comprehend this leading alternative asset’s amazing fundamental backdrop. The biggest inflation super-spike since the 1970s is relentlessly eroding purchasing power, while the bubble-valued US stock markets are rolling over into a long-overdue bear. So investors
The Vanguard Group Inc., known as Vanguard, is one of the world’s largest investment management and advisory services companies. It’s primarily a mutual fund and ETF management company with about $8.1 trillion in assets under management (AUM) as of Jan. 31, 2022. Founded in 1975, the company offers a total of 422 funds, 215 of
BNP Paribas reported better than expected revenues and profits for the first quarter, boosted by a surge in trading as the push by France’s biggest lender to build out its investment bank showed signs of paying off. Equities and fixed income trading revenues rose sharply in the first three months of the year, as the
BP recorded its highest quarterly earnings in more than a decade, benefiting from soaring prices for hydrocarbons and “exceptional” oil and gas trading revenues, even as it wrote down the value of its business in Russia to almost zero. The UK-listed oil major’s underlying profit on a replacement cost basis for the first three months
More than four years after an alternative mutual fund’s demise should have taught wealth managers a lesson, FINRA says some firms still haven’t learned it. The February 2018 equity plunge later dubbed the “Volmageddon” allegedly wiped out more than $1 billion from the holdings of clients who invested in the LJM Preservation & Growth Fund,
In this article CAR DVN CLX CHGG Adam Jeffery | CNBC Check out the companies making headlines after hours. Chegg — Shares tumbled nearly 30% after the textbook company reported weak full-year guidance despite exceeding earnings expectations. In its most recent quarter, Chegg reported earnings of 32 cents per share on revenues of $202 million.
Crypto exchange Crypto.com announced severe reductions to CRO staking rewards for most tiers of its VISA prepaid card which has forced the token price to fall around 30% in less than a week. Its May 1 blog post explains that card rewards will be reduced by an average of 69.5%, and 100% on its lowest
Houston’s luxury real estate market set new highs last year, but is the landscape the same for buyers in 2022? Will the market’s record-breaking upward momentum continue, and will there be inventory to support it? What are the new developments to know about in Houston’s hottest neighborhoods? To get an inside look at the residential
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to experience double-digit gains. Now, nearly all of the major housing markets in the United States are less affordable than they have been historically,
The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions on them after Russia began its invasion of Ukraine. Bills Preventing Wealthy Russians From Using Crypto to Avoid Sanctions The Blockchain Association has been lobbying U.S.
When you picture an 89 year old, you might think of a frail older person who maybe does a lot of TV watching. But not this 89 year old! Maureen is as sharp as any person you might meet at any age. She looks healthy, sounds clear, and knows what she wants. What’s her secret
The Fed’s choreographed rate-raising exercise may well tail off by year’s end, several prominent asset managers said Monday. The managers were speaking at the Milken Institute Global Conference Beverly Hills. . “I think the Fed will turn dovish by the end of the year and that will lead to a lot of opportunity on the
Reuters Russia swerves to avoid default: what is next? Russia may have averted default as it announced it had made several overdue payments in dollars on its overseas bonds, shifting the market’s focus to upcoming payments and whether it would stave off a historic default. Russia’s $40 billion in international bonds and the chance of
The Analysis And Discussion Provided On Silverdoctors Is For Your Education And Entertainment Only, It Is Not Recommended For Trading Purposes. The Doc Is Not An Investment Adviser And Information Obtained Here Should Not Be Taken For Professional Investment Advice. The Commentary On Silverdoctors Reflects The Opinions Of The Doc And Other Contributing Authors. Your
If you need a car but cannot afford to buy one with cash, you have a few options. However, if you have bad credit, they are limited. Essentially, you have one of the following three choices: borrow a car from a friend or family member, buy a car using a subprime auto loan, or rent
HSBC is moving its US headquarters to a new Tishman Speyer-developed tower on the west side of Manhattan, joining a flight of tenants to top-tier office space outside of the island’s central Midtown office district. The global bank said on Monday that it had signed a 20-year lease for 265,000 square feet of space across
Boris Johnson has joined a final push to convince chip designer Arm to list in London, as UK government officials grow concerned over the lasting damage if Britain’s best-known tech company chooses New York for its initial public offering. Ministers and executives from the London Stock Exchange have launched a charm offensive to persuade Arm’s
The channel of wealth management that has seen some of the largest financial advisor recruiting moves in recent years needs to hire many more of them in the future. That’s the main takeaway of a study released last month by Kehrer Bielan Research & Consulting offering a rare glimpse into the size and key business
U.S. stock futures moved lower Monday night after the major averages staged a big reversal to start the month. Dow Jones Industrial Average futures fell 59 points, or 0.2%. S&P 500 and Nasdaq 100 futures dipped 0.2% and 0.3%, respectively. Earlier in the day, the major averages posted a wild up-and-down session with the Nasdaq
The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend. Equities markets are also in a downtrend and according to researcher Clara Medalie, the price of stocks from companies with exposure
As Australia reopened its borders to international visitors, top real estate agent Ken Jacobs of Private Property Global is seeing a marked increase in foreigners’ interest in luxury real estate around Sydney. “Across the board, we are receiving more and more offshore inquiries from both ex-pats wanting to return and others wanting to move here,”
In this article MS Main residence at 241 Bedford Rd in Greenwich, CT Anthony Acocella / Modern Angles The Gold Coast of Connecticut soon might become the Crypto Coast if this real estate listing is any indication. The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking
Shaun Maguire, a crypto partner of Sequoia Capital, one of the venture capital firms most active when it comes to investments in the cryptocurrency space, issued its opinion on the future of many VCs investing in crypto. To him, many of the companies that are now experimenting with crypto investments will “pull back” due to
Topline Stocks finished slightly higher on Monday, attempting to find their footing after last week’s brutal sell-off, but Wall Street experts warn that even after the market’s worst month since the onset of the coronavirus pandemic in March 2020, investors should be wary of more volatility ahead. Key Facts Stocks inched higher on Monday, notching
Texas ballots are bursting with a record $18.5 billion of bonds Saturday as cities and school districts ask voters to approve 207 debt issues to accommodate in many cases the state’s ballooning population. The amount of debt tops the previous record of $15.45 billion that was put to voters in November 2019 — of which
Silver is witnessing heavy follow-through selling on Monday and dived to a near three-month low. Last week’s break below the 200-DMA and ascending trend-line was seen as a key trigger for bears. Extremely oversold RSI makes it prudent to wait for some consolidation before the next leg down. Silver has extended a three-week-old bearish trend and witnessed
This technical picture of a gold price correction is within a fully intact big picture situation, and the monthly chart’s bullish cup is… by Gary Tanashian from Notes From The Rabbit Hole Gold has done nothing unusual and in fact it has done as would normally be expected. In February it began to rally out