Author: super@dmin
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Stan Lee’s tangled web of estate planning and how to avoid it in your own life
Stan Lee, the co-creator of superheroes including Captain America and Spider-Man, left this universe with a long list of unfortunate events, and not even the Avengers can help with this one. The late former Marvel Comics publisher and chairman, 95, was ill for the last year. Lee, who is survived by his 68-year-old daughter J.C.,…
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Retired or retiring soon? It’s time to fund a Roth IRA
There’s a lot written about converting a traditional IRA to fund a Roth IRA, and with good reason. The benefits of owning a Roth IRA are nothing short of amazing. A Roth grows without any taxes and all amounts withdrawn are tax-free. The problem is that it’s difficult to get money into a Roth. That’s…
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Watch out for these ‘retirement killers’
There are plenty of things that can ruin a person’s retirement plans — divorce, illness, job loss, overspending. Some leave a retiree with a lifetime of regret. A recent study has revealed for the first time the 10 biggest causes of financial regret among those who have retired or are near to retirement. The information…
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Market Snapshot: Stocks just saw the best earnings season since the financial crisis, and nobody cares
AFP/Getty Images Earnings for S&P 500 companies grew by 25.8% in the third quarter, the strongest performance since the third quarter of 2010, when companies benefited from very attractive, recession-era comparable earnings. Nevertheless, from the start of earnings season to the close of trade Friday, the S&P 500 index SPX, +0.22% has fallen 2.7%, the…
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Mark Cuban says the best investing advice he got when young was to be as poor as possible first
Mark Cuban once drove around a real hunk of junk — seriously. The billionaire Dallas Mavericks owner says the best pieces of investing advice he got when young was to be as poor as possible first. The “Shark Tank” star these days doles out a lot of advice to young entrepreneurs on CNBC CMCSA, +0.26%…
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If you’re worried about retiring at a stock-market top, this might help
According to a recent survey, running out of money is one of our biggest fears. Bigger than sickness, death and global warming. With the bull market getting long in the tooth, soon-to-be retirees, in particular, have to be feeling stressed out about their prospects for the Golden Years. Maybe this will help put some of…
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FA Center: Giving the ultra-rich financial advice doesn’t make you one of them
Ultra-wealthy investors can put their investment advisers a little off-balance. Being around stratospheric wealth can bring up feelings of jealousy and insecurity, especially for people who didn’t grow up with money. The best advisers can get along well with everyone, including the richest rich people. They remain true to themselves, radiate authenticity, and bring their…
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California wildfire victims will face unique challenges finding new housing
With tens of thousands of people displaced by the wildfires burning across California, many will be scrambling to find new housing. And they’ll have to contend with a housing market with high costs and little inventory, making their recovery all the more difficult. The Camp Fire burning in Northern California has destroyed 9,700 homes, including…
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CryptoWatch: Bitcoin still fooling buyers into believing those 200%-plus gains are coming back
Investors at times are gripped by what, in retrospect, seems to have been mass hysteria. The price of something climbs higher and higher, with nothing to justify the rising price except investors’ hope that it will go higher still. Then, this speculative bubble pops, buyers vanish, and the price collapses. With hindsight, it is hard…
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Fed’s Evans sees possibility of up to 4 interest-rate hikes in 2019
Chicago Federal Reserve President Charles Evans is sticking with his projection that interest rates could comfortably run above the so-called neutral rate, a projection that comes as the stock market widely expects the Fed to continue with policy tightening well into 2019. That means the Fed could hike rates up to four times next year,…