How to build your mutual fund portfolio at 40: Experts share the right allocation and common pitfalls
Whether you’re investing in mutual funds for the first time at 40 or have been investing for years, this is the right time to reassess your portfolio. With 15–20 years to retirement and potentially lower financial liabilities, you still have ample opportunity to build long-term wealth.
For a 40-year-old investor with 15 to 20 years left until retirement,
Americans’ confidence in US economy fell this month as Iran conflict sent gas prices back up
By MATT OTT, AP Business Writer
WASHINGTON (AP) — Americans’ confidence in the economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up their fighting.
The Conference Board said Tuesday that its consumer confidence index fell to 90.8 in July from 92.2 in June.
Read MoreTesla Signs Major Arizona Power Deal – Gary Black Expects TSLA Stock To Fall Below $300
-
Project Sterling includes 509 MW of solar power generation and a 360 MW battery storage system with 1.4 GWh of energy capacity.
-
Gary Black expects Tesla’s stock to fall below $300 in the coming weeks over valuation concerns.
-
RBC Capital lowered Tesla’s price target to $480 from $500 but maintained an ‘Outperform’
Tesla stock hasn't been this oversold in more than a year
A brutal year for Tesla (TSLA) investors is getting even more brutal.
Quick insight: The post-earnings slide in Tesla stock has made it the most oversold since March 2025, according to Yahoo Finance AlphaSpace data. Overbought and oversold levels for a stock are tracked by the relative strength index,
» Read more about: Tesla stock hasn't been this oversold in more than a year »
Read MoreUS economic growth slows unexpectedly in second quarter
<!–>
Horizon Portfolio Management head Zachary Hill and SlateStone Wealth chief market strategist Kenny Polcari discuss how the market will be impacted by the Federal Reserves decision to leave interest rates unchanged on The Claman Countdown.
This story about the advance estimate of second-quarter GDP will be updated with further details.
» Read more about: US economic growth slows unexpectedly in second quarter »
Read MoreThe Burst
2 Stocks Buffett Is Snapping Up
Warren Buffett appeared to take a hard look at the market last year and decided he wanted to sell shares in plenty of companies, including Apple, Bank of America, and Charter Communications. His holding company, Berkshire Hathaway, even sold every share (nearly 4 million) in Floor & Decor Holdings. Overall, Buffett unloaded $133 billion in shares in 2024.
» Read more about: 2 Stocks Buffett Is Snapping Up »
Read MoreThe Ivy
Buffett’s Bet on Booze, Why He’s Doubling Down
Warren Buffett has never been one to chase fads. While he’s adapted over time, buying Apple and even dabbling in tech disruptors like Snowflake, his compass still points due value.
At its heart, value investing comes down to a deceptively simple idea, buy businesses trading below what they’re really worth. But pulling that off consistently?
» Read more about: Buffett’s Bet on Booze, Why He’s Doubling Down »
Read MoreThe Spotlight
Spotlight: Unicorn Stock Is Envy of Fintech
Earlier in the week we covered a stock that had both impressive revenue growth and a handsome dividend, a rare combination that is hard to find in any industry. The stock was United Healthcare and it had a ten year history of growing year-over-year revenues in each quarter.
That inspired us to find other companies that are also growing yet pay a handsome dividend.
» Read more about: Spotlight: Unicorn Stock Is Envy of Fintech »