Solving the Biggest Risk in Retirement
You may have heard it: YOLO. It’s an abbreviation used by the youth, code for “you only live once.” It makes you wonder if older Romans once rolled their eyes as the kids yelled, “Carpe diem!” Yet, in America, thanks to numerous advancements in medicine, public health and safety infrastructure, the cries of “life is […]
Is Social Security Ballooning the Federal Deficit?
For better or worse, Social Security is a program that our nation’s senior citizens can’t live without. As of September, 43.4 million retired workers were receiving a monthly benefit and, according to data from the Social Security Administration (SSA), more than 3 out of 5 were leaning on this payout to account for at least […]
Retirement Planning Doesn’t Stop When You Retire
Retirement can mean uncertainty if you haven’t taken steps to plan for it appropriately. In a June 2018 Bankrate survey, 61% of Americans admitted that they still don’t know how much they’ll need to save to retire. Getting your target savings number right is an important part of the retirement planning process, but it’s just […]
5 Tricks to Actually Saving Money
You could save money by eating only cat food or performing your own dental surgery, but you probably should not try either of those. It’s also possible to save money by giving up things you love, and, generally, that’s not a best practice either. Instead, saving money involves making sensible cuts, understanding your spending, and […]
General Electric Stock Just Dropped Another 7.5%
Ge Needs To Toss Debt Overboard, And Dividend Investors May Just Have To Walk The Plank What happened Shares of General Electric (NYSE:GE) stock are tumbling again, down 7.5% as of 2:55 p.m. EST — and GE has only itself to blame. This morning, GE CEO Larry Culp gave a television interview; in the course […]
Edison International’s Shares Plunged 25% on Monday
What happened Shares of Southern California utility Edison International (NYSE:EIX) fell as much as 25.4% in trading on Monday as wildfires raged over its territory. Losses had subsided somewhat near the end of trading, but the stock was still down 12.7% at 3:20 p.m. EST. So what Southern California Edison, a utility subsidiary of Edison […]
Why Abiomed Plunged Today
What happened Shares of the fast-growing medical device maker Abiomed (NASDAQ:ABMD) plunged 16% on Monday. The selling pressure appears to have been caused by the release of good-but-not-great clinical data and some tepid commentary from the analyst community. So what Abiomed announced the results of a safety and feasibility study for patients with anterior ST-segment […]
What Happened in the Stock Market Today
Monday was an ugly day on Wall Street, with growth stocks leading the market down as worries about the global economy continue to dominate investor thinking. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) closed near lows for the session. Technology stocks were hit hard, with the Technology Select Sector SPDR ETF […]