Big wins in the stock market can be exciting, but putting all your eggs in one basket is risky. Experts often suggest that no single stock should make up more than 10% of your investment portfolio. This rule helps manage risk and keeps your money safe. For those who have a lot of stock in one compa
Mortgage rates took a nosedive recently, hitting a near three-year low. This drop came right after a big announcement about Fannie Mae and Freddie Mac buying more mortgage bonds. The idea is to make homeownership more affordable by lowering monthly payments. Fannie Mae and Freddie Mac don't give ou
A Boston-based investment company, Guidepost Growth Equity, has just wrapped up raising a massive $521 million for its fourth tech-focused fund. This amount is even higher than their initial target of $500 million, showing that investors are really backing their strategy. The fund, named Guidepost
OneStream, a finance software company, is making a major shift. It's going private in a deal worth $6. 4 billion. The company's CEO, Tom Shea, sees this as a way to speed up their plans for AI in finance. He believes the next few years will be crucial in defining AI's role in this field. The deal i
The struggle with affordability is a hot topic, but is anyone truly ready to tackle it? This issue affects everyone, from the average person to big decision-makers. Yet, real action seems slow. Many people talk about the problem. They share stories and data. But when it comes to making big changes,
South Korea is taking a big step to make its currency market more open. Starting in July, the country will allow trading 24 hours a day. This change is part of a bigger plan to make the Korean won more accessible worldwide. The goal is to attract more investors and increase demand for the currency.
Mike Novogratz, the CEO of Galaxy Digital, recently shared his thoughts on crypto treasury companies. He believes these companies need to do more than just hold digital assets to create value for their investors. Novogratz spoke with Anthony Scaramucci, the founder of SkyBridge Capital. He pointed
Retiring early at 55 might seem like a dream, but it's possible with smart planning and disciplined saving. The key is to start early and make the most of tax-advantaged accounts like 401Ks. These accounts offer significant tax benefits, making them a powerful tool for building wealth over time. Fi
Retiring early is exciting, but it also means your money has to work much harder. With $1 million, the key to making it last isn't just how much you have, but how you use it. Spending wisely is crucial. If you spend too much too soon, your money might not last as long as you hope. Market ups and do
The latest numbers show the US job market is cooling down. In December, only 50, 000 new jobs were added, which is less than expected. This slowdown is partly because businesses are being careful about hiring due to trade issues and investing more in technology. The unemployment rate did drop to 4.
