What is aging? That’s the question the National Institutes of Health (NIH) sought to answer in 1958 when it launched the Baltimore Longitudinal Study of Aging (BLSA)—now the world’s longest-running study of human aging. Some 3,200 men and women have played a critical role in advancing our understanding of what it means to get older.
Month: October 2018
Guggenheim’s Scott Minerd expects a recession in 2020, but if Republicans maintain control of Congress in the upcoming elections that could be delayed. However, there will be a cost, he told CNBC on Wednesday. “That will extend the expansion but that will make the recession that follows all the worse. We’re already seeing excesses in
Source: Getty Images. Opportunity Zones are worth your time if you are an investor who wants to minimize realized gain taxes, maximize the social impact of your investments, or, ideally, both. The law that created Opportunity Zones is new and the rules are still evolving, but Opportunity Zones already show a lot of promise and
Many investors are breathing a sigh of relief following Monday’s market rout and subsequent rally. That doesn’t mean you should get too comfortable just yet. Even as the Dow Jones Industrial Average has gained more than 800 points in the past two days, it is still down 4.5 percent for October. That makes it the
Scott McNealy, Chairman and CEO of Sun Microsystems, has listed his $96 million house with REX instead of the multiple listing service. Photographer: Joanne Carole/Bloomberg News. “We are remaking the entire process from end-to-end,” says Jack Ryan, cofounder of the real estate startup REX. This 3-year old company has made its foray in to the
Investors Have Been Withdrawing Monday From Leveraged Loan ETFs (Getty) Since October 11, almost $1 billion has been withdrawn from BKLN – a leveraged loan based ETF. I highlighted my concerns about this market last week and Forbes contributor Mayra Rodriguez Valladares also highlighted this once obscure market with her concerns. In all likelihood, this had more to do
The U.K has announced its plans for a new 2% tax on local revenue generated by large tech firms like Google, Facebook, and Amazon. By doing so, it has become the largest global economy to aim a federal tax directly at U.S. tech giants. Expect that move to open the door on a new global
Few families can cover the skyrocketing cost of college outright. Luckily, there are more than 7 million scholarships available to help. But wading through the options can be overwhelming. Enter free search sites, like Tuition Funding Sources, which help students find the most desirable kind of assistance — money that does not have to be
October has been a jarring month for U.S. stocks. But one strategist is calling a bottom and says it’s an opportune time to buy a few of the struggling sectors. “We are massively oversold,” Tom Lee, managing partner and head of research at Fundstrat Global Advisors, said in a note to clients Wednesday. “A 10%
The many big companies disrupted by blockchain have now made it a priority to harness this technology. As is typically the case when faced with disruption, large companies are seeking to defend their territory by adopting the very tool that threatens them. With blockchain there’s a lot at stake. The global market for blockchain-related products
Financial services company SoFi has agreed to stop misrepresenting what consumers have saved or will save by refinancing their student loans, in a recent settlement with the Federal Trade Commission. Refinancing debt is when one loan is rolled into another, often at a lower interest rate. The FTC claimed SoFi “made prominent false statements about
L’Oreal’s Chief Executive Jean-Paul Agon told CNBC Wednesday that he sees no slowdown facing Chinese consumers, despite simmering trade tensions between Beijing and Washington. “In terms of consumption, at least in our categories … we don’t see any slowdown in the country,” Agon told CNBC’s Joumanna Bercetche. “What we see is a great appetite of
The co-founder and CEO of Middle Eastern taxi app Careem told CNBC that bad press surrounding Saudi Arabia won’t quell investor appetite for the region. The Dubai-based ride-sharing service was founded in 2012 and has successfully launched in more than 100 cities in the Middle East, Africa and South Asia. Earlier this month the firm
Extrovert in financial planning and investment decision makingandthenwesaved.com Because of their acquisitive nature, it can be more difficult for extroverts to conquer their desire for prompt gratification. Extroverted investors are engaging because they stand out from the crowd. Five Traits of Extroverted People that Influence Financial Planning and Investment Decisions Talkative The talkative nature of extroverts
In 2005, everyone was buying houses. It was common knowledge you were stupid to wait. House prices flourished and loans flowed like drinks at an open bar. Lots of people made money-until they didn’t. In 2009 the music had stopped and people were frantically looking for someone to pass the hot potato to. By 2010,
We take on Robert Kiyosaki in our second episode of the VIP Versus Series, which is where we dig into another educator’s financial philosophy and how it compares and contrasts ours here at VIP Financial Education. In this episode, Matthew Pillmore discusses the rich dad poor dad philosophy along with how he was first introduced
Check out the companies making headlines after the bell: Facebook shares initially fell, then turned positive and rose 2 percent in the extended session after the social media giant released a mixed third-quarter earnings report. The company reported earnings of $1.76 per share, higher than the Street’s $1.47 per share estimate. Facebook missed expectations on
Michael Namer, CEO of Alpha Development, which has six Manhattan buildings in its Green Collection.Ambika Singh Michael Namer is among New York City’s top sustainability advocates in one of its biggest industries: real estate. His company, Alfa Development, has six Manhattan buildings in its Green Collection, starting with Village Green at 311 E. 11 St., which was completed in 2008
“We did not want to take the business to the next level. It was at the point where it needed probably another five years investment in time and money, and another layer of staff. For us it had been a hard 10 years, a 24/7 slog. Potentially, we could have put in another five years
Source: Getty Royalty Free One of the most difficult problems in estate planning is determining how to handle personal collections and other special assets. Often the owner has devoted more than money to these assets. The collection is a special interest that consumed much time and attention, and there probably is an emotional investment as
http://www.revnyou.com Are you struggling to find money to invest in real estate? Gary Spencer-Smith gives 5 tips on how you can find money to buy rentals. Watch the video to find out some of our top strategies.
A strategy that aims to generate steady income in retirement is looking less certain as General Electric announced it would cut its quarterly dividend in 2019. The company announced it would trim the dividend to a penny per share starting next year, marking the second cut to its dividends in a year. Dividends traditionally are
For all the attention being lavished on the gig economy, we still have much to learn about those who are working in it. But we are pretty sure about one thing: Many independent contractors and on-demand workers are not paying the amount of tax they should. Some are under-reporting income or claiming deductions to which
What kind of man enjoys raising interest rates? Is Federal Reserve Bank Chairman Jerome Powell crazy? Or is something else going on? Pressure from presidents on central bankers is nothing new, yet President Trump has taken Fed-bashing to a new level, some observers say. While the prospect of rising interest rates has clearly rattled the
Philip Hammond, U.K. chancellor of the exchequer, holds the dispatch box containing the budget. Photographer: Chris Ratcliffe/Bloomberg In what amounts to a shot across the bows for US tech firms, the UK government has announced a new 2% ‘digital services tax’ on their revenue, rather than their profits. Concerned that many such companies book their
Technology-focused hedge fund SoMa Equity Partners told investors on Monday that one of its best investment ideas is a stake in The New York Times Company. “Newspapers are mostly dead, but the news isn’t dead,” Gil Simon, SoMa’s founder and chief investment officer, said during an interview with CNBC’s Leslie Picker at the Sohn conference
Shane Brewer is a 29-year-old branch manager for Bangor Savings Bank in Maine who is about to build his dream home with his wife using a startup company called Profile Homes. It will be the Brewers’ third home and, they hope, their last. But for Profile Homes founder Matt Silva, 40, the Brewers’ home will
BlackRock’s Jeff Shen said the escalation of trade tensions and the imposition of tariffs between Washington and Beijing have exacerbated China’s financial woes as it works to modernize its economy. “I think tariffs were a bit of a catalyst. China is going through a deleveraging process, is going through a repositioning of its economy. …
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A great addition to your reference shelfSZG I guess it was inevitable that the topic of planning for later years would eventually become part of the Dummies media franchise. I have never been a fan of these books; I find them dense, tedious and dry––like a textbook. but obviously millions of people disagree with me
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