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Should I invest my emergency savings in the stock market?

Should I invest my emergency savings in the stock market?

Finance
Money guide for MillennialsHow much of your emergency savings should be held in a savings account instead of the stock market or other account that has higher returns with various risks?-- Mary There's no question you should always have some money tucked away for emergencies. Most financial advisers recommend keeping three to six months' worth of expenses for emergencies, but where's the best place to keep the money? Experts usually recommend a plain-vanilla savings account.But in a low interest environment, it can be frustrating to watch your money earning nothing. Here are some ways you can get a better return on your money without taking on too much risk. Online savings accounts If you're a super saver, you may not be satisfied with the .01% interest your local bank offers you. Instead...
Weighing The Week Ahead: A Seinfeld Market?

Weighing The Week Ahead: A Seinfeld Market?

Finance
Shutterstock photoBy Jeff Miller :Trading desks will be closer to normal staffing. Chair Yellen's biannual Congressional testimony will be a feature on Wednesday and Thursday, but the economic calendar is light. With little going on, the punditry will be wondering:What should we expect for the rest of 2017?Last Week RecapThe big economic news last week featured employment - as expected. The start of the G20 meetings and North Korean missile tests grabbed some headlines, but without much effect on stocks.The Story in One ChartI always start my personal review of the week by looking at this great chart from Doug Short via Jill Mislinski. Despite the Thursday selling, the result for the week was essentially unchanged (up 0.07%). Not much in the way of fireworks!Doug has a special knack for ...
Market Close Report: NASDAQ Composite index closes at 6,089.46 down -61.40 points

Market Close Report: NASDAQ Composite index closes at 6,089.46 down -61.40 points

Finance
Shutterstock photoThursday's session closes with the NASDAQ Composite Index at 6,089.46. The total shares traded for the NASDAQ was over 1.95 billion. Declining stocks led advancers by 3.37 to 1 ratio. There were 667 advancers and 2251 decliners for the day. On the NASDAQ Stock Exchange 18 stocks reached a 52 week high and 27 those reaching lows totaled. The most active, advancers, decliners, unusual volume and most active by dollar volume can be monitored intraday on the Most Active Stocks page.The NASDAQ 100 index closed down -.9% for the day; a total of -50.91 points. The current value is 5,597.91. Tesla, Inc. ( TSLA ) had the largest percent change down (-5.58%) while Monster Beverage Corporation ( MNST ) had the largest percent change gain rising 1.66%. The Dow Jones index clo...
CBI urges single market until Brexit deal

CBI urges single market until Brexit deal

Business
The UK should stay in the single market and customs union until a final Brexit deal is in force, according to the CBI.Carolyn Fairbairn, head of the business lobby group, said it was "impossible" that all the details of a new trade deal with the European Union would be in place by March 2019.That is when talks about the UK's withdrawal are due to formally finish.To minimise disruption, UK businesses need a "bridge" instead of a "cliff edge" for the new deal, she said.Businesses are delaying investment because of the uncertainty, according to the CBI, whose members employ nearly 7 million people. The government said it was working with businesses to ensure the Brexit process was "smooth"."While we will be leaving the single market and the EU customs union, we want to achieve a comprehensive...