Monday, January 25, 2016

Forbes: Snow Day Money Tasks!

By SIMON CONSTABLE

East coast snowpocaplyse shouldn’t become a wasted day. Quite the contrary. It presents the perfect opportunity to review (and plan) your financial life for the year ahead. Instead of binge-watching “Breaking Bad” or the “Making of a Murderer,” tackle these tasks first, then reward yourself with a movie later in the day. Read more here.

Photo by Fabian Mardi on Unsplash

Friday, January 22, 2016

OZY: An Investing Legend on the Global Market Woes

By SIMON CONSTABLE

The bears are coming. Bear markets, that is. Already, stocks in the U.K., France and Japan have plummeted more than 20 percent from their highs in 2015, which is traditionally seen as bear market territory, while U.S. equities have had their worst start to a year on record. 
But you don’t see investing legend and Princeton University economist Burton Malkiel hitting the panic button. In a recent sit-down with OZY, the author of the best-selling investment classic A Random Walk Down Wall Street remained calm as he discussed global stock swings, China’s slowdown and positive prospects for the future of the U.S. economy — as evidenced by what we’ll call the Chewbacca or C-3PO effect. Read more here.
Photo by Ibrahim Boran on Unsplash


Tuesday, January 19, 2016

U.S. News: Why Mutual Funds Lost Their Mojo

By SIMON CONSTABLE

Staying power usually means a lot on Wall Street. But apparently when it comes to mutual funds, hardly any portfolio managers have such mojo. 
Mutual funds with managers who pick securities rather than follow an index – so-called actively managed funds – seem to have little or no ability to stay ahead of the competition, even for periods as short as five years.
"Over a longer-term investment horizon, it is very, very hard for a manager to maintain a top quartile performance," says Aye Soe, senior director of global research and design at S&P Dow Jones Indices.
Read more here.

Monday, January 18, 2016

OZY: When Trade School Meets Wall Street

By SIMON CONSTABLE

Imagine a scene of industrial lathes spinning, sparks flying from a welding torch and flames shooting up from workbenches. It’s a classic industrial workshop, just like the one where I studied for five years during high school in northern England. In a sense, it was like a trade school. We were learning the skills for the workplace, but the relevant jobs had mostly disappeared before we even finished. Now, it’s relevant again, because of increasing calls to encourage more studying at trade school rather than college. Read more here.

Friday, January 15, 2016

TheStreet: Why a Higher Minimum Wage Will Make Workers Poorer

By SIMON CONSTABLE

Sometimes you get two pieces of news so at odds with each other that it defies logic.
The last few days of the old year combined with the first few days of 2016 brought such a mind-muddling mess. On the one hand, 14 states started to implement higher minimum wage requirements on Jan. 1, with the goal of reducing income inequality. Read more here.

Photo by Nick Fewings on Unsplash

Thursday, January 14, 2016

Forbes: GE Heads North And Why You May Get A Deal On A Conn. House

By SIMON CONSTABLE
It’s official: General Electric GE +0.00% is retreating from Connecticut and relocating its headquarters to Boston.
CEO Jeff Immelt says it’s a move to get it closer to an “ecosystem that shares our aspirations.” That and be near all those amazing universities in Cambridge, etc. It makes sense given that the Boston beltway is something of a Silicon Valley of the East.
I guess Yale University being in Connecticut just didn’t sway the powers that be. Still, the move could be good for house hunters looking for a deal in the nutmeg state. Read more here.

Tuesday, January 12, 2016

TheStreet: 7 Reasons You Should Love -- Or At Least Like -- the Market's Slide


By SIMON CONSTABLE
Ouch. Financial markets' performance this year has been nothing short of painful for many investors.
Chances are, you're still feeling the sting of 6% drops by both the Dow Jones Industrial Average and the Standard & Poor's 500 last week. It was, in fact, the worst start to a New Year ever for the S&P. There are nonetheless some good reasons to embrace the volatility, though:
Read more here.