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Tag: invest

How should I invest my inheritance money?

How should I invest my inheritance money?

Finance
Sallie Krawcheck wants to close the 'gender investing gap'What are the best ways for 20-somethings to invest inheritance money? -- Jason Staring at a new big balance in your bank account can be exciting. It can also freak you out. On one hand, an inheritance could open up new financial opportunities: paying off your student debt once and for all, buying a home, going on a big vacation, starting a business. You're not alone if your first inclination is to buy a boat, throw a lavish party, or put it all into the stock market. People often don't treat the money received through some kind of windfall the same way they do their regular income. There's even science behind it. A concept called "mental accounting" explains why we value some money differently than other money, according to the w...
How to invest without losing money

How to invest without losing money

Finance
Money guide for MillennialsWhen it comes to investing, realize that risk and reward tend to move in opposite directions. If you take more risks, you run a larger chance of losing your money, but you often have a higher upside. It's possible to invest without losing money. In the current market, where interest rates are very low, any investment guaranteed to not lose money will have a very small return. For most people thinking about investing, the goal is to minimize the potential for losses while maximizing how much you might make. Exactly how you do that -- and where you put your money -- depends a lot on what type of investor you are, and what your goals are. There is no one answer A 67-year-old looking to live off his or her investments has different needs from a 22-year-old planning ...
Former Trump aide to invest in Weinstein firm

Former Trump aide to invest in Weinstein firm

Entertainment
One of Donald Trump's closest confidantes has thrown a lifeline to the scandal-hit Weinstein entertainment empire, amid signs it could be up for sale.The Weinstein Company has confirmed it has entered an agreement with Colony Capital, a private equity firm run by Tom Barrack.Colony will inject cash into the company while discussions continue over it buying all or part of the Weinstein firm.:: UK police investigating five Weinstein sex assault claims:: Corden sorry for Weinstein jokesThe torrent of accusations against Harvey Weinstein had raised questions about the future of the company he founded.On Friday, his brother Bob denied suggestions the company would be closed or sold, saying it was "business as usual".:: The Accusers:Lina Esco, ActressShe says Weinstein told her: "I think we shou...
Goldman found a way to invest around rising wages, and it is beating the market

Goldman found a way to invest around rising wages, and it is beating the market

Finance
Goldman Sachs says stocks of companies with low labor costs are outperforming the overall market, and the strategy could pick up steam as wages rise.In a note to clients Friday, Goldman said a basket of stocks representing companies with low U.S. labor costs is up 20 percent this year, beating the nearly 14 percent gain in the S&P 500. Stocks in the low labor cost basket include Nike, Netflix, MetLife, Apple and Boeing.The note was released shortly after the Bureau of Labor Statistics said wages grew at an annualized rate of 2.9 percent last month, the highest since 2009. The sharp rise in wages also lifted the odds of a December Federal Reserve interest rate hike, as the central bank sees it as a sign of rising inflation.Goldman's 49-stock basket has a much lower labor cost as a perce...
Mercedes-Benz to invest $1 billion in Alabama, add 600 jobs

Mercedes-Benz to invest $1 billion in Alabama, add 600 jobs

Technology
Carmaker Mercedes-Benz announced Thursday that it will invest $ 1 billion to set up electric vehicle production at its Tuscaloosa, Alabama plant and to build a battery factory nearby, moves it said would create 600 new jobs. The luxury division of Germany's Daimler AG said it plans to manufacture electric SUVs under Mercedes' EQ sub-brand at the Alabama plant by the start of the next decade. Mercedes executive Markus Schaefer said in a statement that "with the addition of electric SUVs to our future fleet, we will provide discerning drivers with a new, high-quality automotive option." Daimler, based in Stuttgart, Germany, is among the global automakers investing in what they hope will be the automotive technology of the future, combining low-emissions electric propulsion with autonomous d...