Should the retirement age be higher? In some countries there is a little more demand for an older retirement age. Today’s article explains which country and what that means. Here’s what they had to say, “Governments in much of the world face the daunting prospect of fierce opposition to raising retirement ages, but in Asia, much of the population wants to see increases. “If there is a mandatory retirement age, we need to rethink … whether people support that,” Donald Kanak, chairman of Prudential in Asia, told the Milken Institute’s Asia Summit earlier this month.” To read more, CLICK HERE.
Today’s article explains how terrible this quarter has been, however, there still might be a light at the end of the tunnel. Here’s what they had to say, ” The past three months have been brutal. The Dow, S&P 500 and Nasdaq have each plunged about 9% so far in the third quarter and are in the red for the year. They are also all in a so-called correction — down more than 10% from a recent peak. This will be the worst quarter for stocks in four years — the last time the market had a correction. There is a lot to worry about.” To read more, CLICK HERE.
Are you currently saving up for retirement? Or are you one of the many that can’t or don’t want to save. Today’s article explains one of the reasons Americans don’t save for retirement and while you may think it has to do with needing the money or having children, the real reason may surprise you. “Of all the workers who aren’t currently saving through their employer, 68% work for an employer that doesn’t offer a plan and 16% are not eligible to participate in their workplace program. Only 16% could take part but choose not to, a GAO report released today found.” To read more, CLICK HERE.
Today’s article explores three airline stocks that they call “undervalued” and think you should consider buying. Here’s what they had to say, “Airplanes are packed with passengers, oil prices are plummeting, and airline stocks are flying higher than ever before. It’s an exciting time to be an investor in airline stocks. And yet, given the sharp rise in airline stock prices over the past three years, many investors may feel they’ve missed the boat on airlines, and that it’s just too late to buy. We disagree.” To read more, CLICK HERE.
Today’s article discusses eight stocks that defied the odds set against them by analysts a year ago. Here’s what they had to say, “Indeed, with stocks down over the past year, price targets have looked overly optimistic; more than 60 percent of S&P 500 stocks are trading below the median price target analysts had a year ago. Yet some choice names are on the other side of the equation, far outperforming what the average analyst anticipated. And within the S&P 500, eight nondeal stocks stand out.” How much were they off? And which stocks were they? To read more and find out, CLICK HERE.
“How families communicate may be even more important than how your portfolio performs, say the participants of Barron’s third annual Health and Wealth Roundtable. They talked about how to ensure that your retirement is protected from not just market gyrations, but also miscommunication and emotional decision-making. And, of course, they talked about long-term care insurance, every advisor’s favorite debate.” That’s from today’s article, where they feature a sort of roundtable discussion about retirement, your wealth, you family, and how to keep it all together. To read more, CLICK HERE.
If you’re new to the work force you can already feel the pressure of saving for retirement. Whether your employer requires you to choose a 401k or your family is pressuring you to save for retirement, it can be quite stressful. But today’s article explains that if you’re a Millennial, you may want to change the way you think about saving for retirement. Here’s what they had to say, “If Millennials want a more financially secure future, the focus needs to switch. Too many people are fixated on saving for an early 60s retirement. Instead, the focus needs to center on a financially secure and independent future. Americans need to engage in goal-based financial planning.” To read more, CLICK HERE.
Today’s article highlights nine stocks under ten bucks that you may want to check out. Here’s what they had to say, “Investors need to understand that stocks under $10 or with a small-cap share price generally tend to have more risk than most Dow or S&P 500 stocks. Traditional “Buy” and equivalent ratings come with 8% to 15% implied upside, but in small-cap and low-priced stocks that can be far more. In some cases, the implied upside can be 25%, 35%, and even over 50% to 100%.” To see the stocks and to read more about them, CLICK HERE.
Today’s article discusses how you may be able to benefit from wimpy stocks and a strong. Here’s what they had to say, “The Dow Jones Industrial Average lost another 541 points or 3.2% to close at 16,102.38 while the S&P 500 dropped 68 points or 3.4% to 1921.22. The Dow is now solidly in 10% correction territory from its 18,351.40 closing high earlier this year and down 9.7% year-to-date. The S&P 500 is down 9.8% from its 2,134.72 closing high in May and down 6.7% year-to-date.” To read more, CLICK HERE.