Today’s article has ten stocks (names you’ll probably recognize) that should make it through the correction with minimal damage and possible gains for you. Here’s what they had to say, “You thought corrections had to be painful. But some investors have not just sailed through the market’s pullback – but have profited amid the pain. There are ten stocks in the Standard & Poor’s 500, including industrial gear maker Cameron International (CAM), consumer electronics seller Best Buy (BBY) and mass-market jeweler Signet Jewelers (SIG) that gained 5% or more since the market started its freak-out moment last week, according to a USA TODAY analysis of data from S&P Capital IQ.” To read more, CLICK HERE.
If you’re worried about retirement you should know you’re not the only one. Today’s article explains the journey of one couple who are confused and worried about whether they are truly prepared to retire. Here’s a statistic from the article, “Franklin Templeton Investments found that 76% of people surveyed who were within 15 years of retirement were worried about the future, particularly being financially prepared for late-life health issues, according to a poll of 2,002 U.S. adults released in March.” CLICK HERE.
So maybe media stocks haven’t been preforming as well as you’d like, think it’s time to pull the plug? Not so fast, says today’s article. Here’s what they had to say, “While the pressure on the sector’s profit is undeniable and few shares are cheap enough to rank as outright bargains, some portfolio managers contend that many companies’ strengths are being underestimated following declines of 9% or more.” To read more, CLICK HERE.
Investors are sending their money on a jet plane across the pond and beyond. Today’s article discusses why Americans are ditching American stocks and investing abroad. Here’s what they had to say, “The bull market has been underway for over six years in U.S. stocks, but there are concerns that it’s overdue for a correction. “The fact they are pulling money out of U.S. equities seems to indicate some sort of fear about the future,” says Alina Lamy, a senior analyst at Morningstar. The “Great Rotation” out of U.S. stocks began about a year ago, but it has really picked up steam in 2015.” To read more, CLICK HERE.
Are you a small business owner? Chances are your business is your life and every penny you own is in your business but what about your retirement? Today’s article is aimed at trying to help small business owners feel comfortable about their retirement. Here’s what they had to say, “A recent survey by TD Bank found that nearly half (47 percent) of small business owners do not have a retirement plan in place. Without a 401(k) with an employer match or a pension to rely on, this is a mistake that can be remedied with some forethought. To properly tackle retirement, small business owners should consider the following:…” To check out the list, CLICK HERE.
Want to retire abroad but you’re concerned about the cost? Today’s article highlights several options outside of the United States where the exchange rate is perfect for a retiree. Here’s one, “Ecuador. These exchange rate movements are resulting in some surprising market twists. For example, Ecuador has long been a benchmark for real estate values. It has offered top value for the money for the past decade and a half. In Cuenca, Ecuador’s most popular city for expat retirees, real estate is selling for around $1,200 per square meter. That’s only $112 per square foot, a bargain for city life anywhere.” To read more, CLICK HERE.
Today was not a good day. This may not come as a surprise especially lately with the market performing as poorly as it has been but today’s article explains why today was a particularly bad day in the market. Here’s what happened, ” The Standard & Poor’s 500 index dropped 4.72 points, or 0.2 percent, to 2,093.32. The Dow Jones industrial average dropped 47.51 points, or 0.3 percent, to 17,550.69. The Nasdaq composite fell 9.84 points, or 0.2 percent, to 5,105.55. Allstate was among the biggest decliners in the S&P 500. The insurer dropped $7.04, or 10 percent, to $62.34 after reporting earnings that fell significantly short of analysts’ expectations. The company said its earnings dropped because of more frequent and more severe auto accidents.” But it may not be all bad news. To read more, CLICK HERE.
It’s no secret that the economy isn’t doing too well. But could that change is the second part of the year? Today’s article discusses why there is some optimism to believe, yes, America may make a comeback. Here’s what they had to say, “The S&P 500 has only risen 2.2% so far this year. Hogan forecasts the S&P 500 gaining 8% by the end of the year. What’s driving this optimism? There are already some encouraging signs. The economy grew 2.3% between April and June compared to a year ago. While everyone from Wall Street to Main Street would prefer to see growth closer to 3%, it’s still a solid number.” To read more, CLICK HERE.