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The trading business on Wall Street is struggling and that could mean bad news for these banks

The trading business on Wall Street is struggling and that could mean bad news for these banks

Finance
One of Wall Street's big money-makers has been disappointing for major banks lately. Trading stocks and bonds on behalf of clients has historically been a cash-cow, especially in choppy markets. But as the top U.S. banks report results from the last quarter of 2018, it's becoming clear that trading wasn't a boost to banks' bottom lines. Citigroup and J. P. Morgan both unveiled lower-than-expected fourth quarter trading revenue, especially for fixed income. While it could be a one-off for what was a dismal December in the markets, analysts say it's lik...

Danger: Avoid These 5 Stocks At All Cost

Finance
[unable to retrieve full-text content]With the recent market weakness I think it prudent to follow up on what s become a regular and popular feature You see while I mostly focus my attention on finding little known innovative companies that have the potential to deliver mega returns to investors I ve consistently Latest Articles in
Ring in 2019 with these 6 basic financial resolutions for retirement

Ring in 2019 with these 6 basic financial resolutions for retirement

Finance
Saving more for retirement is a common New Year's resolution. This year, the pledge comes in at the number five resolution in Principal Financial Group's annual survey of 1,008 American consumers wishes for next year, with 21 percent of respondents stating a desire to sock away more for their golden years."The new year is a chance for new opportunities and a clean slate," said Jerry Patterson, senior vice president of retirement and income solutions at Principal, in a statement. "The challenge will be taking those good intentions and making them last into February and beyond."Many financial experts advise upping your retirement savings rates past your company match (typically somewhere around 5 percent of salary) to double-digits, to 15 percent of pay or more. The more you save, the earlie...
These overlooked Social Security claiming strategies can help you get bigger checks in retirement

These overlooked Social Security claiming strategies can help you get bigger checks in retirement

Finance
If you're like most Americans, it has taken years for you to qualify for Social Security retirement benefits. And you don't want to blow it by using the wrong claiming strategy. There are many ways to claim Social Security benefits. And if you don't use the right strategy for you, you could leave thousands of dollars on the table over the course of your lifetime. The following strategies are often overlooked, but could pay big if you use them properly. It may sound like t...
These workers are more likely to borrow from their 401(k). It might not pay off

These workers are more likely to borrow from their 401(k). It might not pay off

Finance
How you handle your 401(k) savings depends a lot on how much you earn. And if you're middle income — earning between $ 40,000 and $ 85,000 — you're more likely to take a loan from your 401(k) or other workplace retirement plan, according to new research from J.P. Morgan Asset Management. Individuals who fall in that category are 50 percent more likely to take a loan compared to those who are low income, earning below $ 40,000, and those who are high income, who take in more than $ 85,000. The research concluded that that may be because low...