With mortgage interest rates still around 6.6%, the housing market remains sluggish.
Paul Salazar, a loan officer with American Pacific Mortgage, says many of his clients are closely monitoring interest rates and waiting for potential decreases later this year.
“So I say to people,
» Read more about: Valley housing market remains slow as mortgage rates stay elevated »
The iShares Core MSCI Europe ETF is up about 23% in the past year but has underperformed the S&P 500 in the long run.
This international ETF pays strong dividends (3.11% yield) but might be too heavy of a bet on “only” European stocks.
Back in July, I wrote about four dividend ETFs designed for long-term buy-and-hold investors. They were Schwab U.S. Dividend Growth ETF, Vanguard Dividend Appreciation ETF, WisdomTree U.S. Quality Dividend Growth ETF, and Vanguard International High Dividend Yield ETF.
But with more than 200 different dividend ETFs to choose from,
» Read more about: 4 (More) Dividend ETFs Worth Holding for the Long Haul »
Gold rose for a third straight session on Tuesday as fears of a U.S. interest rate hike next month eased, with investors awaiting minutes from the Federal Reserve’s latest meeting for fresh clues on the monetary policy path.
Brendon Thorne | Bloomberg | Getty Images
Gold rose for a third straight session on Tuesday as fears of a U.S.
» Read more about: Gold extends gains on easing rate-hike fears, markets await Fed minutes »
A number of stocks jumped in the afternoon session after Iran ruled out extending a 60-day memorandum of understanding with the United States.
A number of stocks jumped in the afternoon session after Iran ruled out extending a 60-day memorandum of understanding with the United States.
The Social Security COLA was supposed to be higher this year, with independent analyst Mary Johnson projecting a 2027 COLA as high as 4.7%. It would have been one of the largest raises in decades, but after June inflation cooled sharply, she lowered her COLA forecast to 3.7%.
It lines up with the Senior Citizens League’s projected 3.8% estimate,
Stock markets retreated in sparse summer trading Friday, with the uncertain outlook for the Middle East war and the US economy prompting investor caution ahead of the weekend.
» Read more about: Stocks slip in cautious trading after weak US retail sales data »
This article first appeared on GuruFocus.
Cathie Wood’s Ark Invest made another aggressive rotation toward artificial intelligence last week, adding nearly $30 million of Cloudflare (NYSE:NET) and $27 million of Nvidia (NASDAQ:NVDA) while unloading almost $60 million of Deere (NYSE:DE).
» Read more about: Cathie Wood Pours $27 Million Into Major AI Stock »
© Canva | LSOphoto from Getty Images and NoDerog from Getty Images Signature
The check has finally cleared. After decades of watching a chunk of their earned Social Security disappear thanks to the Windfall Elimination Provision and Government Pension Offset, retired teachers, police officers,