Author: super@dmin
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Outside the Box: Don’t let your retirement go down the drain
I grew up in Denver with a water resource engineer for a father. We took short showers, turned the water off while brushing our teeth, had a pan of water in the kitchen sink to rinse dinner dishes with and were strongly encouraged to play in the summer sprinklers when the grass needed it. Who…
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How can I get downside risk protection with robo-advisors?
Why investors are stressed about the bond market How can I get down-side risk protection with robo-advisors? Robo-advisors have remade the investing landscape: they’re simple, low cost and passive investments almost always outperform active investments over the long term. For most people, the set-and-forget mode of passive investing will produce better results than trying to…
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How can I get downside risk protection with robo-advisors?
Why investors are stressed about the bond market How can I get down-side risk protection with robo-advisors? Robo-advisors have remade the investing landscape: they’re simple, low cost and passive investments almost always outperform active investments over the long term. For most people, the set-and-forget mode of passive investing will produce better results than trying to…
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Tilray is having a wild week. Is this a bubble for cannabis stocks?
Why this cannabis stock is skyrocketing Canadian cannabis stock Tilray has, to put it mildly, been on a strange trip. Tilray’s moves have been wackier than anything Harold and Kumar experienced on their trip to White Castle or Seth Rogen and James Franco’s adventures in “Pineapple Express.” Shares of Tilray (TLRY) have shot up nearly…
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The Moneyologist: My late partner left me with survivorship rights on our home, but her son wants to charge me rent
Dear Moneyist, Over five years ago I lost my life partner Jane to cancer. We never married, but lived together for over 25 years. Her adult son (Jim) from an earlier marriage is the executor of her will; I am next in line as executor. Jim has not closed probate and all of Jane’s assets…
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Gap challenges Lululemon with a men's athleisure line
5 stunning stats about Gap Gap is stretching into athleisure for men. Hill City, a line of men’s athletic wear to go along with the company’s Athleta brand for women, will go on sale in October. The line consists of lightweight stretch pants, puffer jackets and premium shorts meant to be worn from “working out…
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European banking still has a massive money laundering problem
First it was HSBC. Then ING. Now Danske Bank. European banks are still uncovering money laundering on a vast scale. Danske Bank (DNKEY), Denmark’s largest bank, admitted Wednesday that an internal investigation had uncovered a large number of suspicious accounts and transactions at its branch in Estonia. The bank said the branch handled about €200…
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Economic Report: Mortgage rates jump to four-month high as housing starts to falter
Istockphoto A sunny summer afternoon in suburban America — but is winter coming for the housing market? Rates for home loans jumped in step with yields in the bond market even as fresh reminders of familiar headwinds stalked the housing market. The 30-year fixed-rate mortgage averaged 4.65% in the Sept. 20 week, according to Freddie…
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Dow sets first record high since January
El-Erian: Investors recognize trade fears are short-term What trade war? The Dow just soared to its first record high since late January. The milestone shows that Wall Street is mostly unfazed by the escalating trade clash between the United States and China. The S&P 500 also notched an all-time high on Thursday. The Dow has…
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Spending money on expensive stuff can make you happier, if you do it for the right reason
A new car, dinner at a five-star restaurant, a luxury handbag — these types of purchases aren’t as frivolous as they might seem. Buying designer items and taking extravagant vacations are often criticized for providing only fleeting happiness. But a new study to be published in the October issue of the Journal of Consumer Psychology…