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Tag: 2020

2020 may tempt people to throw out their long-term plans. Here’s how advisors can keep them on track

Finance
Getty ImagesIt's no secret that 2020 has been an unpredictable year.And that uncertainty can cloud the decisions we make, especially when it comes to money.Consequently, investors and their financial advisors need to be on their guard for clouded decision making that could lead to regrets later."It's possible that the times have triggered a fundamental shift in your priorities," said Sarah Newcomb, director of behavioral science at Morningstar."But what we have to be careful about is temporary shifts in priorities that have to do with short-term thinking, either fear of loss or fear of missing out," she said.Why 'short-termism' is our biggest enemyOxford | Getty ImagesThe problem is that our brains are not wired to handle prolonged uncertainty, Newcomb said.When there's certainty, there's ...
Euro 2020 play-offs & England-Wales friendly on big day for Home Nations

Euro 2020 play-offs & England-Wales friendly on big day for Home Nations

Sports
Last updated on 36 minutes ago36 minutes ago.From the section FootballIt's a huge day of international football for the Home Nations with some fighting for their Euro 2020 places and Anglo-Welsh bragging rights at stake.Northern Ireland and Scotland are involved in play-off semi-finals at 19:45 BST as they bid for a spot in next summer's rearranged European Championship, while England and Wales - who have already qualified - face off in a much-anticipated friendly at Wembley.After tonight, we could even be looking forward to a potential Northern Ireland-Republic of Ireland play-off final - which would be at Belfast's Windsor Park - although they both have to get through tricky away games before they worry about that.Northern Ireland travel to Bosnia while the Republic visit Slovakia and vi...

FA 100: CNBC ranks the top-rated financial advisory firms of 2020

Finance
Finding the right financial advisor to help with your financial needs and goals can be complicated.There are so many things to consider. Many advisors use a big assets-under-management figure as a selling-point when marketing themselves to investors. However, AUM isn’t the whole story when a potential client is determining which firm is right for them.To be sure, every financial advisor has his or her own area of expertise. Each will have a different investment strategy and planning approach and offer various services, including tax and insurance planning, debt management, retirement planning, saving for education and charitable giving.A financial advisor can play a major role in helping clients grow and protect their wealth. The key is to find an advisor you trust, and it’s important to m
Global economy ‘less dire’ than earlier in 2020 – but IMF warns ‘this calamity is far from over’

Global economy ‘less dire’ than earlier in 2020 – but IMF warns ‘this calamity is far from over’

Business
The global economy is in "less dire" shape than it was earlier this year but now faces a "long, uneven and uncertain" road to recovery, the head of the International Monetary Fund has said.Kristalina Georgieva told an online event at the London School of Economics that the IMF would make a small upward revision to its world economic forecasts when they are unveiled next week. "The global economy is coming back from the depths of this crisis," she said. "But this calamity is far from over." Image: The IMF will publish revised forecasts next week Ms Georgieva warned that the recovery risked being curtailed if governments cut off support too soon, fail to control the coronavirus and ignore debt problems in emerging markets."All countries...
US election 2020: ‘Why I bought a voting machine on eBay’

US election 2020: ‘Why I bought a voting machine on eBay’

Technology
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