No bears can be seen around the stock market this month. Today’s article discusses the amazing August Wall Street has had so far. Here’s a quote, “the bull is back on Wall Street, witnessed by a 3.7% gain this month for the S&P 500, putting it on track for its best August since a 6.1% return in August 2000. The bullish August has propelled the index above 2000 for the first time and to new record highs.” To read more, CLICK HERE.
Have you always dreamed of retiring abroad but thought there was no way you’d be able to afford it? Today’s article discusses a list of places that are supposedly the best places to live abroad. Here’s how the locations were chosen to compile the list, “both the Retire Overseas Index and International Living rankings are derived by combining statistics (from cost of living to health care) and personal observations from their publisher’s correspondents around the world.” CLICK HERE to check out the cities and countries that made the list.
Today’s article features a retirement Q&A session with Putnam Investments president and chief executive officer, Robert Reynolds. Here’s what Reynolds had to say about the biggest mistake people make when saving for retirement, “Not contributing enough — that’s the magic key. Because when the Pension Protection Act of 2006 came out they said start saving at the 3 percent level and a lot of people said “well, I’m saving at 3 percent — that works.” That’s a big mistake. It said save 3 percent and do automatic escalation. You’ve got to get up to the 10 percent level. And if a company has a match, that really helps.” To read the entire article, CLICK HERE.
Warren Buffett isn’t called The Oracle just for kicks, the man knows what he’s doing. Today’s article features ten of Warren Buffett’s most dominant stocks. Here’s what the author had to say, “Recent filings show that Warren Buffett and Berkshire Hathaway have started to become very concentrated in just a few holdings — approximately 58% of the $107.6 billion value of the Berkshire Hathaway Inc. (BRK-B) total equity holdings was concentrated in just four stocks.” Want to find out which stocks they’re referring to? CLICK HERE to find out!
Did you fly anywhere in May, if so, you were one of the 65.8 million people that flew on U.S. carriers that month. Which may lead to why these stocks are now up, up and away. Today’s article highlights a couple of stocks that were once terrible and now are on the rise again. “Passenger airline stocks are up nicely over the last several days as the price of oil falls to seven-month lows. United Continental, Delta, American, Southwest and JetBlue are all up 6 percent or more in the last five trading sessions.” To read more, CLICK HERE.
Are you saving up for retirement? Are you healthy? Does being healthy have anything to do with putting away for retirement? According to the study that today’s article discusses, yes, it does. Here’s how they set up the study, “first, the measures of about 200 employees were taken to establish a baseline. Then all the employees were told their health results and given instructions on how they might improve. A year later, they were tested again, in some cases more than once. ” What do you think? Are you unhealthy but save for retirement? To read more, CLICK HERE.
If you’re worried about the Baby Boomers creating absolute chaos in the stock market by doing the unthinkable and get rid of their stocks so they contribute to their retirement, fear not! Today’s article explains exactly why those born between the years of 1945 and 1964 aren’t going to ‘unload’ their stocks for retirement. The author gives several reason why it is unlikely to happen, here’s one, “…the baby boomers who own stocks are a minority of wealthy households. If they did unload their stocks, the impact wouldn’t be as deep as some fear.” To read more, CLICK HERE.
Today’s article features eight stocks that may have been losers before but just may become winners now. Here’s how they found the stocks, “these are the only stocks in the index (which includes large, mid-sized and small stocks) that are down 20% or more this year, get an average “outperform rating” from Wall Street analysts, get a “buy” or “strong buy” rating from S&P Capital IQ, a “neutral” or better rating from New Constructs and at least 10% upside to analysts’ 18-month price targets.” To read more, CLICK HERE.
Today’s article highlights five “5 star” dividend stocks you may want to check out. Here’s a quote, “it’s very easy to find stocks with a yields greater than 10%, but how many of those will be able to sustain or grow their dividend over 10, 5 or even 3 years? Also, it doesn’t take much effort to find a company that can sustain and grow its dividend because it is only paying a nominal amount (low yield and low payout).” Want to see the stocks and to read more, CLICK HERE.
Did you know you could be sabotaging your own social security? Today’s article discusses how you may be decreasing your social security benefits. Here’s one way, “Sign up before full retirement age. You are eligible to collect the entire Social Security benefit you have earned at your full retirement age, which it typically age 66 or 67, depending on your birth year. If you claim a benefit before your full retirement age, it will be reduced for early claiming, depending on how much earlier you sign up.” To read all of them and to see examples, CLICK HERE.