Author: Arabian Media staff
Charlie Munger, the former Berkshire Hathaway Inc. (BRK.A, BRK.B) vice chair and Warren Buffett’s long-time right-hand man, argued that investors must be prepared for a brutal reality: If you can’t stomach a 50% decline in your portfolio, you’ll never achieve exceptional results. While many hope for an easy path to wealth, Munger’s rule remains one of the most straightforward and most challenging tests for anyone serious about investing in stocks over the long term. The 50% Drop Test That Separates Winners From Losers “You can argue that if you’re not willing to react with equanimity to a market price decline…
Germany’s finance minister has criticised Donald Trump’s move to interfere with the Federal Reserve’s rate policies and fire a chief statistician, saying the US president’s actions were politically “wrong”.Speaking a few hours before meeting with his US counterpart Scott Bessent in Washington, Lars Klingbeil said he believed democracies should “uphold the independence and strength of institutions”.He added of Trump’s interference: “I think this political path is wrong, and I believe it’s right that independent institutions remain independent and that politics doesn’t interfere.”The criticism from Europe’s largest economy comes after Trump’s decision to sack the chief of the Bureau of Labor Statistics last week following…
Let’s not pretend that President Trump fired the Bureau of Labor Statistics commissioner on Friday because of supposed “inaccuracies” like these. Source link
If you live in a hurricane zone, be sure to update your home insurance long before a storm threatens your area. Once the National Hurricane Center names a storm, it’s usually impossible to change your home insurance policy. According to a report from insurance company Aon, natural disasters accounted for $313 billion in economic losses in 2022, with insurance companies covering just 42%. To minimize financial risk, ensure that you have appropriate insurance coverage before the next storm. Key Takeaways A standard home insurance policy does not provide all the hurricane protection you need. People living in hurricane zones also…
BLS Commissioner Erika McEntarfer was in charge of more than just the monthly jobs data. Source link
Automated online investment advisors, or robo-advisors, have gained popularity in recent years. This technology has upended the financial planning and wealth management industries. If you’re comfortable with automated investing and don’t have sophisticated needs, you might benefit from a robo-advisor. But how do you evaluate the options and determine the best robo-advisor to use? Here are some tips that can help you decide. Key Takeaways Look at the services provided as many robo-advisors now have standard tax-loss harvesting and automatic rebalancing at no additional cost.Compare the expenses you’ll incur at each robo-advisor.Evaluate robo-advisor costs and fees and compare them with…
Robo-advisors are digital investment platforms offered by brokerages. This includes investment managers and software that use computer algorithms to administer your investment portfolios. The best robo-advisors may be entirely automated, while others offer access to human assistance. Regardless of the model, they provide customer service to assist you through the process. Consider both the advantages and disadvantages of this increasingly popular investment management solution. Key Takeaways Robo-advisors are digital investment services that are increasingly popular among investors who want to access the markets.Robo-advisors are low-cost and often have no minimum balance requirements. They tend to follow strategies suited for new…
A team of economists at BofA Global Research outlines why investors might be putting too much stock in a September interest-rate move. Source link
Robo-advisors have revolutionized the financial advising landscape with their easy-to-use platforms and cost-effective fees. These digital platforms, powered by algorithms and proven strategies, automate investing at low-cost based on your financial goals and risk tolerance. But how do the best robo-advisors stack up against traditional human financial advisors? In this article, we’ll explore the advantages and disadvantages of both robo-advisors and human financial advisors to help you choose the best route for your financial journey. Key Takeaways Robo-advisors automate investing strategies to suit your risk preference.Exchange-traded fund (ETF) trading at several brokers often includes robo-advising for little to no fees.Human…
Recent technological developments have accelerated the digitization of finance, especially with the uptake of AI and machine learning. The attention to AI has also renewed interest in robo-advisors, which are a popular choice, especially among newer investors. The global market was valued at $6.61 billion in 2023 and is projected to reach $41.83 billion by 2030, reflecting a compound annual growth rate of 30.5%. “Robo-advisors provide digital financial advice based upon mathematical rules or algorithms,” said Robert Johnson, chartered financial analyst and CEO of Economic Index Associates. “They attempt to fill a need for the masses to get financial advice…