Investors
Kim Kardashian launches private fairness agency, getting to be the latest celeb to enter the financial commitment industry
Truth Television star Kim Kardashian released a non-public fairness fund, Skky Companions, which she co-founded with Jay Sammons, a former husband or wife at the expenditure firm Carlyle Team. Picture by James Devaney/GC Illustrations or photos through Getty Visuals Actuality Television set star Kim Kardashian launched a non-public equity fund, Skky Companions, which she co-established […]
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How to manage finances in a nontraditional relationship
Rachel, Kyle, Ashley and Yair are two married couples in a nonmonogamous relationship. They share a house, car, dog, cat, partners and finances. They also have plans to have children together. They have faced several obstacles related to their rights and benefits as four partners. That prompted them to meet with a lawyer to get […]
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Here’s how you can save $1 million for retirement on an annual salary of $70,000
Consistently saving a small percentage of your salary is a simple way to ensure you’re prepared for retirement. As a rule of thumb, most financial advisors suggest you save 10% to 15% of your earnings. Here’s a case study assuming you start with no savings, plan to retire at 65 and have investments that earn […]
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Do you know what your credit score is? Here’s everything you need to know
It shouldn’t be a surprise that you need to have a good credit score for your overall financial health. But do you actually know what your credit score is, how to figure it out and why it matters? Watch this video, as CNBC’s Emily Lorsch breaks it all down. Source
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Best offense is defense? This sophisticated market play helps investors protect themselves from dramatic lows
It’s a class of exchange-traded funds designed to prevent your portfolio from hitting dramatic lows — but it may require a level of sophistication. The idea: Incorporate short-term levered plays including covered call and risk-reversal strategies in order to help investors customize their own defensive strategies similar to hedging. However, it may come with an unintended […]
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Amazon, Apple, Google and Tesla have all done it. Here’s why companies split their stock
Google is just one of dozens of companies recently making its stock more affordable. The tech giant’s parent company, Alphabet (GOOGL), split its two classes of shares (GOOG) by a 20-to1 ratio in July. Amazon (AMZN) made the same 20-for-1 move in June while Tesla (TSLA) announced around the same time that it’s going with […]
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U.S. inflation jumped by 9.1% in June, a four-decade high: Here’s what you need to know about inflation
Americans paid much higher prices for goods and services in June compared to a year earlier, as inflation continued to soar, the Bureau of Labor Statistics reported. The consumer price index is one of the primary measures of inflation. CPI jumped to 9.1% last month from a year ago, above the 8.8% Dow Jones estimate. That […]
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How a former Lehman Brothers banker turned the tables and built a pandemic-proof business
Declan Ee always knew he wanted to run his own business. But when he graduated from University College London in 2006, he saw his peers applying for jobs at investment banks and decided to give it a try. His first gig? Lehman Brothers. “I liked seeing how businesses worked on a global scale. So that […]
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The Federal Reserve hiked interest rates to combat inflation: Here’s what that means for you
The Federal Reserve recently raised interest rates by three-quarters of a percentage point, the most aggressive hike since 1994. This rise puts the key benchmark federal funds rate at a range between 1.5 and 1.75%. The Fed’s intention is to help combat inflation. Watch this video to find out what rising interest rates mean for […]
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After the impact Covid-19, most women see money as a tool to effect change, survey shows
Over the past couple of years, the effects of Covid-19, social activism and economic uncertainty have profoundly impacted women’s attitudes about their finances, according to a UBS survey. Nearly 9 in 10 women believe money is a tool to achieve their personal “purpose,” the report uncovered, polling 1,400 women investors in January and February 2022. […]
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