Gold futures finished sharply lower Friday, snapping a five-session streak of record settlements, as investors contended with a firming U.S. dollar and a monthly employment report on the U.S. labor market that fell mostly in line with expectations.
Along with a run on Clorox wipes and a national obsession with Anthony Fauci, the coronavirus outbreak has triggered an identity crisis for high-yield savings accounts. Interest rates have fallen precipitously, and that has savers exploring other ways to maximize their money.
There are money market accounts, which are “like savings...
If you were the kickball team captain on the playground, you tried to pick the teammates who would help you win. If you’re an investor in the stock market, the strategy might have followed you into adulthood.
“Whether it’s a hedge fund or new-to-market Robinhood traders, there’s...
Investing in your 20s is one of the greatest steps you can take toward being a bona fide, successful adult. It pays to get a jumpstart on saving for financial goals like retirement, especially because of compound returns.
Compound returns are returns that you earn on the money you invested and all previous...
Some investors choose an all-in approach, checking their portfolio daily. Others might be more comfortable with a set-it-and-forget-it approach. Regardless of approach, keeping tabs on the latest financial trends can be illuminating … and fun.
When you're ready to retire, you'll want to have more than Social Security to pay the bills. Those benefits typically only provide enough money to replace about 40% of average earnings.
To live comfortably in retirement, you should have either a traditional pension plan or a defined contribution...
An emergency fund is an essential part of making a solid financial plan. This is the money you’ll want to earmark for unexpected events, such as a surprise medical bill, costly car repair or temporary loss of your income.
With so many possible reasons why you’d need to tap an...