Month: December 2019

Bond prices are sensitive to interest rate changes, and bond duration is a measure of just how sensitive. For instance, in Exhibit 1.1 (shown in my last article), an increase in interest rates for the simple bond from 3 percent to 4 percent caused the bond’s price to fall by 8.1 percent. This bond has
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Many Americans hold multiple retirement accounts — and there are many reasons why they should consider combining those nest eggs instead of letting them gather dust. Around 25 million Americans left behind money in a 401(k) account when separating from an old job, according to the Government Accountability Office, which analyzed 10 years’ worth of
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Boxes and packages next to front door during holiday christmas season. Getty It’s likely that with the rise of online shopping, most apartment complexes have seen an increase in package deliveries — and package thefts. Technology has become available to help buildings prevent porch pirates, particularly in apartment buildings without doormen or secure package rooms,
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This photo taken on May 3, 2018 shows a worker cutting steel at a factory in Huaibei in China’s eastern Anhui province. AFP | Getty Images China’s official Purchasing Managers’ Index for manufacturing came in slightly above expectations at 50.2 for the month of December, the country’s statistics bureau said on Tuesday. Economists polled by Reuters had
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Concern about the $100 billion Mormon horde, the “scandal” I have dubbed EnsignGate seems to still be a thing. I have a little more to share on it, but I would also like to do a bit of review of my Mormon coverage. I have made an attempt to stake a big claim to the
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Skyline of Miami, Florida, USA around Sunset. Getty Here’s the 2020’s update on the luxury residential market. Look to Millennials to give the luxury segment a boost over the next decade as their wealth increases along with the desire to own luxury real estate. According to coldwellbankerluxury.com’s, A Look At Wealth 2019: Millennial Millionaires, “By 2030,
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broken chinese fortune cookie with 2020 and red hearts on the paper slip on a dark background with… [+] copy space, new year concept, high angle view from above Getty As my regular readers know, I am a huge proponent of diversification, as I consider it one of the best ways to sleep well at
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(NurPhoto / Contributor / Getty Images News) Philadelphia has long drawn in tourists and residents with its culture, nightlife, history and relative affordability compared with other East Coast Cities like New York. But in years past, the city of Brotherly Love was not seen as “demonstrating the level of specialization or excellence in a specific
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Follow these tips to crush your financial goals in 2020. Getty In a survey by Fidelity Investments, 67% of Americans said they’re planning to make financial resolutions for 2020, with saving more and paying down debt topping the resolution chart. Of course making such resolutions is easier than keeping them. A  third of New Year’s
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