What Is a Good Monthly Retirement Income?
A good monthly retirement income is typically 80% of pre-retirement income. Median income for households headed by someone over 65 was $3,968 per month.
stocks
How to Invest $200,000 and Generate a Solid Return
When at the point of wondering how to invest $200,000, that’s definitely a good sign. After all, having this amount to invest means youâre on the fast path to building long-term wealth. This is especially true if you can invest $200,000 and leave it alone for a decade or two, giving compound interest plenty of […]
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A Guide to Tech IPOs
Tech IPOs involve a technology company going public, and making its stock available for purchase on the open market by any interested investor. Given the tech sectorâs incredible growth over the past couple of decades, tech IPOs tend to garner a lot of attention from investors, who may feel that theyâre investing in the next […]
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Smart Money: Are CDs Worth It, and Managing a Life-Changing Windfall
In this episode of the podcast, the hosts discuss whether CDs are a good option and then talk with a listener about how to manage a financial windfall.
Guide to Aave Crypto
Aave is a cryptocurrency platform that gives users and participants the ability to borrow and lend crypto without a middleman. In effect, itâs a sort of lending system in the crypto space that letâs users lend and borrow, and earn interest as a result. The platform also has its own crypto tokens, and is a […]
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Examples of Nontaxable Income vs Taxable Income
The IRS divides income into taxable and nontaxable categories. In general, income is taxable unless thereâs a law exempting it. As youâd expect, all taxable income must be included on your yearly income tax return. But hereâs the twist: Nontaxable income may also need to be listed on your return, too. Because anything tax-related is […]
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Cue The Weekend Flight to Safety
While there are no new bank failures in play, financial markets have traumatic memories from last Friday and last weekend. Better safe than sorry heading into 2 days without the ability to react defensively to any significant developments in the banking world. European shares are leading the flight to safety so far this morning and that’s spilling over into Treasuries (in a good way for rates) even though US stocks are doing a much better job of holding their ground. In the chart below, notices the sharpest move and biggest retracement of yesterday’s range in Germany’s DAX equities index. While it’s not pictured, EU sovereign debt is following in lock step with lower yields, and that’s pulling US yields lower to start the day. US stocks are trying to rise above it all, and are actually doing an OK job so far. If they end up acquiescing to the flight-to-safety, it would likely only help Treasuries.
Bull Markets, Explained
A bull market occurs when a broad market index rises at least 20% over two months or more. Bull markets signal higher levels of investor confidence and optimism about the future of the market. They are generally a sign of a strong, healthy economy. The opposite scenario, in which stock prices fall by 20% over […]
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How to Claim Unclaimed Money From Deceased Relatives
Claiming unclaimed money from a deceased relative can be fairly straightforward â or more complicated â depending on state inheritance laws and the amount of supporting evidence to back the claim. When a person dies without a will or other legally binding document outlining the distribution of their financial assets, that money may become âunclaimedâ […]
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Simple, Boring, Half Point Rally in MBS
Simple, Boring, Half Point Rally in MBS There won’t be too many days with a half point MBS rally that are as boring as Friday. None of the economic data was very interesting or even exceptionally relevant. Most of the day’s motivation was set in the overnight session by a big move lower in European bank stocks and a sympathetic rally in sovereign debt. Treasuries were, in turn, sympathetic to EU bonds and MBS expressed some sympathy for Treasuries. Econ Data / Events Industrial Production 0.0 vs 0.2 f’cast last month revised to 0.3 from 0.0 Market Movement Recap 09:37 AM Flight to safety led by EU bank stocks in late overnight trading. 10yr down almost 12 bps at 3.46. MBS up roughly 3/8ths of a point. 12:46 PM Best levels of the day at noon and losing some ground since then. MBS still up 3/8ths, but down 6 ticks from highs (.19). 10yr down 17bps on the day at 3.408. 04:38 PM Slight give-back in Treasuries, but not enough to ruin anyone’s day. 10yr down 14bps at 3.44. MBS up half a point.