The surge in bitcoin prices is causing a buzz that likely won't end well for many. But what's happening serves as a useful and cautionary lesson for long-term investors.
In short, fun and investing don't mix well. Read more here.
Despite the long war against the so-called Islamic State (IS) group, the outlook for much of the region looks brighter.
Three broad factors are behind it: a rise in the price of oil to sustainable levels, a victory in the war against IS itself and improvements in credit availability, analysts say. There are some factors that are specific to individual countries as well. Read more here.
By any standards, Howard Bloom has achieved great things. Scientist, publicist, and author barely begin to describe it. His latest book, How I Accidentally Started The Sixties, adds mightily to the oeuvre. It also has some lessons for the rest of us. Read more here.
It's all but certain that the Federal Reserve will increase interest rates, perhaps as early as this month and several times in 2018. And that will likely change the dynamics of investing in the stock market.
It may mean that investors should think about changing how much of their portfolio they should allocate to equities, and how much they have invested in bonds. Read more here.
Great news for Bitcoin fans, you'll soon be able to trade futures contracts in the cryptocurrency on the Cboe Options Exchange and also on the CME. Trading will start on December 11 and 18, respectively.
Even better news, they could be a better instrument than Bitcoin itself. Here's why:
Some individual investors may not be familiar with donor-advised funds, which have certain advantages and are fast becoming a force within philanthropy.
“A donor-advised fund is a way for people to save money to give to a charity in the future but to get the tax deduction immediately,” says James Andreoni, professor of economics at University of California, San Diego. “It breaks the connection between when you donate and the timing of when the money goes to the charity.” Read more here.