U. S. Investors are wondering what to expect in terms of earnings growth for domestic companies. Prosperity Concierge believes that further dollar devaluation, rising domestic demand in emerging countries and ongoing household debt contraction in the U.S. will favor industries and companies that export to emerging markets.
Rich Miller, Bloomberg columnist, shares the following to support [...]
In a recent report, Financial Research Corp., a Boston research and consulting firm, found that the most common college-savings vehicle was a plain bank account. Less than 25% of college savings today are in 529s.
After posting dismal results during the market downturn, operators of “529″ college-savings plans have been cutting expenses and adding lower-risk investment [...]
Thanks to conservative investments in bonds, whole life—and its cousin, universal life—delivered positive returns during the financial crisis. But before you sign up for a policy, beware: You will pay hefty premiums and, in most cases, a steep up-front commission that eats up your first-year premium, leaving little of it for investment.
Whole life and universal [...]
April’s approaching. Are you ready to get going on your taxes? Here’s a rundown of seven tax tasks to take care of this month.
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I’m not the first one to note that health insurers’ use of the term “explanation of benefits” is an oxymoron. For my part, when I get an EOB in the mail, I scan quickly to the “patient owes” part and pretty much skip the rest.
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Many Americans pay far more than they have to for medicines. Here’s how you can save money.
Part of the problem is that each health plan covers prescriptions using a different formulary and cost-sharing scheme, so consumers often only see what the co-pay is. But this is changing as more people become uninsured [...]
Question: I lost about 40% of my retirement savings after taking early retirement. I’m now 55 and have 650,000 left. Can you suggest a portfolio that provides capital appreciation, income and growth? I require about 6,000 a month to live on.
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Sheltering your investment profits from taxes may seem like a remote concern when your accounts are a sea of red ink. But tax shelters like 401(k)s and IRAs are more important than ever.
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The new problem with Asian sovereign debt—scarcity
ELEVEN months ago Indonesia’s government paid almost 12% to raise long-term money on the international capital markets, while America was financing its own debt for less than 3%. By early January the rate on America’s debt had climbed a bit, but Indonesia’s financing costs had plunged to a shade [...]
Over the last market meltdown many investment scams have come to light. Many of the victims were not novice investors, but rather smart and well-educated investors. So why did they fall for these scams? There could be many reasons such as trust, greed and peer pressure, but one thing they all have in common is [...]