In investments, like in life, understand that there will be wins and losses – they’re all part of it.
Investing is an integral part of creating generational wealth.
(AJC) — Like a lot of Americans, Grady Houston of Carrollton pulled back from the stock market and went to bonds and CDs when the economy tanked and losses grew in his portfolio. Diana Thorne, of Roswell, switched to almost all cash. But the mild thaw in the economy’s deep freeze — along with low interest […]
(Wall Street Journal) — First the good news: Improving U.S. economic data. Surprising strength in consumer spending. Solid earnings. Then the bad: Irish banking problems. Korean military exercises. Disappointing employment figures. As the year winds down, investors confront a number of confusing trends, making it harder to figure out if it’s a time to buy […]
Investors are financing training in exchange for as much as half of players’ signing bonuses.
Never before has hip-hop launched a career of this caliber and breadth.
(Business Week) — De Beers, the world’s largest diamond producer, sold a South African mine that has been closed for almost 40 years to black investors. The Superkolong consortium acquired all De Beers assets at the Jagersfontein mine, including its dumps, the gem producer said in an e-mailed statement today. De Beers kept the sale price […]
(Wall Street Journal) — Anyone who thought that stock market investing was an emotionless business has been comprehensively and painfully disabused of that notion over the past ten years. MetLife Europe recently dubbed the Noughties a ‘lost decade’ for investors in which they, for example, have seen annualized returns of just 0.5% a year from […]
(Bloomberg) — New York’s $124.8 billion pension fund, the nation’s third-largest, reduced the assumed rate of return on its investments to 7.5% from 8% as it recovers from market losses, Comptroller Thomas DiNapoli said. Mr. DiNapoli, the sole trustee of the pension fund, said state and local government employers’ payments to the fund will increase […]
(Chicago Sun Times) — African Americans who’ve had to cut back their savings and investments because of the recession can get back on track. That message for blacks and others in a similar predicament comes from Ariel Investments President Mellody Hobson. “It’s certainly possible to recover from this setback,” she said. “We need to be […]
(Chicago Breaking News) — Investors demonstrated an appetite for Illinois bonds Wednesday when the state went to market with a $900 million issue, but as expected, they extracted a higher yield because of the state’s dismal financial condition. More than $2 billion in orders came in for the taxable Build America bond issue, a show […]
(Wall Street Journal) — Many individual investors were tiptoeing back into stocks in the spring. Now, they’re running for cover again. Karen and Roger Potyk, a comfortably retired couple in San Antonio, Tex., had clung to some stock mutual funds despite their anxiety following the financial crisis of 2008. But the renewed market volatility following the […]