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With the US presidential election just a week away, many investors are concerned about how the outcome will affect their financial health. Kristin Benz, director of personal finance and retirement planning at Morningstar, urges people to avoid making major changes to their retirement investment strategies during an election year. In a conversation with Investopedia, Benz also talked about not blindly following rules of thumb in retirement. These rules, such as the 4% rule and the 60/40 portfolio, are considered part of traditional retirement investing wisdom and are a good starting point, but they may not be right for everyone. there…
INDIANAPOLIS – The Indiana Securities Division has secured a settlement with GS Partners, ensuring all investors receive full refunds.Offshore investment firm GS Partners has been accused of misleading investors and selling fraudulent digital assets. A multi-state investigation led by the North American Securities Administrators Association (NASAA) uncovered a complex scheme involving the sale of digital tokens and other investments.Indiana Secretary of State Diego Morales said, “This action signals a shift away from pen-and-paper securities, which we increasingly see in today’s securities markets, and toward securities that exist in digital formats, such as the Metaverse and AI. “It reflects the tendency…
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For prospective homebuyers keeping an eye on the Sussex County area real estate market, we’re highlighting properties that sold for under $350,000 between October 21st and October 27th.Here’s a breakdown of the top 10 properties in each area, chosen based on proximity to your desired price range and largest living area available.Please note that the properties listed below are for real estate sales with titles recorded during the week of October 21st, even though they may have been sold previously.1. $350,000The single-family home, located at 44 Lake Pochung Road, was sold in October for $350,000 (which translates to $321 per…
BEIJING (25News Now) – The Beijing City Council is considering relying on taxpayers to increase annual contributions to police and fire department pensions.At Monday night’s regular meeting, council members and city staff discussed a 4.99% increase in the city’s property taxes for fiscal year 2026. That means the city will collect nearly 5% more from property taxes. For a home valued at $150,000, the annual tax bill would increase by $22.68.The state is asking all municipalities to provide full pension benefits for both police and firefighters by 2040. However, Illinois has not always had such a pension system.”We haven’t properly…
DUBLIN, Oct. 29, 2024 (Globe Newswire) — The “Wires and Cables: Materials, Technologies, and Global Markets” report has been added to ResearchAndMarkets.com’s offering. The global electrical wire and cable market is projected to grow from $254 billion in 2024 to reach $387.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.8% during the forecast period 2024-2029. It has been. Asia-Pacific electric wire and cable market is projected to grow from $104.2 billion in 2024 to $170.7 billion by the end of 2029, at a CAGR of 10.4% during the forecast period 2024-2029 . North…
Franklin Templeton, one of the world’s largest global investment managers, has announced the launch of the first fully tokenized UCITS (Collective Investment in Transferable Securities) fund in Luxembourg to the Luxembourg Regulatory Authority Financial Oversight. Approval was obtained from the Commission (CSSF). Fund shares will be issued using Franklin’s proprietary blockchain-enabled transfer agency platform. Scheduled to launch in the coming months, the fund will be the first UCITS fund to be tokenized on a public blockchain using Luxembourg’s in-house capabilities and technology, and will be widely distributed across Europe, pending regulatory approval. is. Sandy Kaul, Head of Digital Assets and…
By Ashok Bhatia, Neuberger Berman Fixed Income Co-Chief Investment Officer Government bonds were sold rapidly. Here’s why now is not the time to buy back. Over the past six weeks, global government bonds have been selling off rapidly. The yield on two-year U.S. Treasuries has risen nearly 50 basis points since hitting a low in mid-September. The five-year and 10-year yields both rose about 60 basis points to 4.0% and 4.2%, respectively. Is it time to buy again? Apparently not. In fact, this could be just the beginning of a surprisingly sustained rise in yields. Fed may pause Earlier this…
Source: Emerging Trends in Real Estate Research;US respondents only Noting that the commercial real estate industry has reached a ‘tipping point’ and things are finally looking up, Urban Land Institute and PwC release new 2025 real estate trend forecasts for the US and Canada. did. As always, the annual report also identifies top cities to watch. Emerging trends and the rise of metros are based on 450 interviews and 1,600 survey findings from a wide range of commercial real estate experts, but they remain “not too optimistic”, the report warns I am doing it. Interest rates and cost of capital…
NJM Insurance Co. ranks top in customer satisfaction for auto insurance claims TROY, Michigan–(BUSINESS WIRE)–Auto insurers have been battling two major headwinds since the pandemic: rising costs and longer repair cycles. SM is expected to see some moderation in one of these trends this year, according to J.D. Power’s 2024 U.S. Auto Insurance Claims Satisfaction Study released today. According to the study, the average repair cycle time for claims filed late in the response period was 18.9 days, down 5.0 days from 23.9 days in the early part of the response period. While this may provide some peace of mind…