A Middle Way to Protect Your Portfolio from Inflation
Don’t go all out to boost income without taking account of capital risks. Let me take you back to the summer of 2018. It was the hottest on record for the UK. Inflation was running at less than 2 per cent, interest rates were at 0.75 per cent, and 18mn people watched...
High-Earning Retirement Savers Are Losing Some of Their 401(k) Tax Break
Millions of high-earning Americans are slated to lose a popular tax deduction starting next year. Savers ages 50 and older can make catch-up contributions in their 401(k) accounts each year, with eligible workers allowed to put an extra $7,500 into their accounts, for...
Where to Invest Right Now
Investors recently got another painful lesson in the dangers of trying to time the market. With cash flooding into money-market funds, the S&P 500 shot up more than 20% from its low in October. The investor skittishness is understandable. While a default of US...