Friday, October 14, 2016

U.S. News: 6 Ways Anyone Can Save Money

By SIMON CONSTABLE

Some people will tell you that saving money is just a waste of time, and that you'd be better off just earning more cash. But the truth for many is that pennies saved are worth far more than pennies earned.
For instance, in New York City, figure on your earned dollar being worth as little as 60 cents once you've paid city, state and federal taxes.
With that in mind here are some ways to put money back in your pocket, gathered from some of the world's top financial markets experts. Read more here.

Thursday, October 13, 2016

Outside On The Street: Does More Money Mean More Adventure?

By SIMON CONSTABLE

Jon Levy, author of The 2 AM Principal explains why traveling while strapped for cash might be just the thing that the doctor ordered.

Tuesday, October 11, 2016

Outside On The Street: Has the Fed Checked Into a Roach Motel?

By SIMON CONSTABLE

Charlie Bilello, Director of Research at Pension Partners, explains his thoughts 





By U.S. Government [Public domain], via Wikimedia Commons

Monday, October 10, 2016

Outside On The Street: Would You Drink Like A Billionaire If You Could?

BY SIMON CONSTABLE

How do the rich choose their wine? It's a great question, even if neither wine expert Mark Oldman, nor I, would dare to ask billionaire Peter Thiel.

Still, Oldman has lots to say about the matter of wine. And despite the open bottle down on Wall Street, we didn't get arrested.



Photo by Terry Vlisidis on Unsplash

WSJ: How a Blogger Started His Own ETF

By SIMON CONSTABLE

Like a Broadway critic deciding to write a play, a blogger who complained about fund fees decided to start an exchange-traded fund. He discovered that keeping expenses low isn’t as easy as it seems.

Eddy Elfenbein decided last year to launch a fund based on the stock picks from his more than decade-old Crossing Wall Street blog, written from Washington, D.C. Mr. Elfenbein recommends 20 stocks on his buy list and then sticks with them through the next 12 months. Each year, he changes just five of the holdings for the next year. Read more here.

WSJ: What Is ‘Tracking Error’ in Oil Funds?

By SIMON CONSTABLE

Fund investors wanting to bet on a rebound in the oil market need to watch out for something called “tracking error.”
The issue is simple: Do the price changes in the fund you purchase closely track the changes in the commodity you are betting on? In the case of oil, those two things aren’t in sync, at least for two of the biggest exchange-traded products that offer exposure to the oil market. Read more here.
Oil Rig
Photo by Josh Redd on Unsplash

Tuesday, October 4, 2016

U.S. News: 7 Ways to Avoid Financial Stress Over the Holidays

By SIMON CONSTABLE

The holiday season will be upon us before we know it. With it will come the anxieties of a period that is typically associated with excess. When it gets to January you don’t want to be burdened with debts. And while you might not be able to remove all the stresses, you can do something about money worries. Here are some tips on how you can stay solvent and still enjoy the season: