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☆ What this NFL Draft pick plans to do with his new money—from mutual funds and a Roth IRA to Air Jordan 1 sneakers
▼ + stars: | 2024-04-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Fiske, 24, was drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft on Friday evening. "I had never been around that much money," Fiske told MarketWatch last month. Together, they've discussed "how my financial life is going to change" upon signing an NFL contract, Fiske noted. "I'm putting money into mutual funds, index funds, high-yield savings accounts and maybe exploring new investment opportunities, too," he said, adding: "I also have a Roth IRA ... But that doesn't mean he won't splurge on a fun purchase: He's an avowed fan of Nike's Air Jordan 1 sneakers, for example.

Persons: Braden Fiske, —, Fiske, you've, they've, Roth, he's Organizations: Los Angeles Rams, Florida State University, FSU, NFL, Roth IRA, Air, Honda Accord, CNBC

☆ I'm a 41-year-old widow with young kids. Here are the 5 things no one tells you about parenting alone.
▼ + stars: | 2024-04-25 | by ( Elaine Roth | ) www.businessinsider.com time to read: +4 min

I knew only that what I was about to do — raise two kids by myself — was going to be hard and humbling. Other parents don't understand what I'm going throughThe only way to truly understand the nuances and challenges of only parenthood is to be an only parent. My heart breaks for my kidsMy kids will always have that space that can only be filled by their other parent. Also, I know that in learning to live with that absence, in learning to move forward even when the path is hard, my kids are learning perseverance. It means that I can't help but be grateful for the fact that I'm here — I get to be here.

Persons: —, I'm, doesn't Organizations: Service, Business

CNN —Russia on Wednesday vetoed a United Nations resolution that proposed a ban on the use of nuclear weapons in outer space amid US intelligence-backed concerns that Moscow is trying to develop a nuclear device capable of destroying satellites. In February, President Joe Biden confirmed the US has intelligence that Russia is developing a nuclear anti-satellite capability. It also called on UN member states not to develop nuclear weapons or other weapons of mass destruction designed to be placed in Earth’s orbit. The White House’s comments on the prospect of a Russian nuclear space weapon have deepened those concerns. Last year, Putin deployed tactical nuclear weapons to neighboring ally Belarus, and former Russian president and deputy chairman of Russia’s Security Council Dmitry Medvedev said strategic nuclear weapons could be used to defend territories incorporated into Russia from Ukraine.

Persons: Vassily Nebenzia, Joe Biden, Linda Thomas, Greenfield, Beijing “, ”, Vladimir Putin, Putin, Dmitry Medvedev Organizations: CNN, Wednesday, United Nations, UN, Russia’s Locations: Russia, Moscow, Russian, Japan, Beijing, China, Ukraine, Belarus

☆ Black royals say Hollywood erased their existence. They're fighting to change the whitewashed narrative.
▼ + stars: | 2024-04-25 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +11 min

Black royals have existed around the world for millennia. Mainstream TV shows and movies that depict the true history of Black royal families are few and far between. And while movies about fictional Black royals exist — "The Princess and The Frog" (2009), "Black Panther" (2018), and the latest "The Little Mermaid" (2023) — Hollywood still isn't doing enough to educate viewers that Black royals exist in the real world, according to Nigeria's Princess Keisha Omilana. - Prince Asfa-Wossen AsserateMeanwhile, Asfa-Wossen said educators are too often preoccupied with using slave narratives to recount Black history. But in order to portray Black royals as equal to their white counterparts, there must be a shift in perspective, he said.

Persons: —, Queen Elizabeth, Sierra Leone's, Sarah Culberson, Nigeria's Princess Keisha, Prince Kunle Omilana, Prince Asfa, Asserate, Princess Ariana, Prince Joel, Keisha Omilana, Halle Bailey, Ariel, Disney Keisha, Prince Adekunle, Omilana, Keisha, Kunle, Ipetu, Orjinmo, Prince Kunle, haven't, George Osodi, Fernando Catala, Princess Keisha, David White, Sarah, Sarah Culberson Sarah, Ethiopia's Prince Asfa, Manfred Roth, who's, Haile Selassie, Young, Charlotte, Liam Daniel, Wossen, Ethiopia's Prince Joel, Joel, Ethiopia Antwon Maxwell, Kassa, Ian Sansom, it's, Queen of Sheba, King Soloman's, Sheba, Menelik, Axum, don't, Tell Organizations: Service, Hollywood, BI, Immigration, Board of Canada, Paramount, Getty, Netflix, SAG, Ethiopian, King, Guardian Locations: Hollywood, Windsor, American, Nigeria, Yoruba Kingdom, British, Morocco, Lesotho, Swaziland, Europe, Africa, Mende, Bumpe, Sierra Leone, West Virginia, Ethiopia, India, Germany, Los Angeles, America

☆ NFL draft prospect who could get a $2.7 million signing bonus still drives his old Honda Accord: 'It gets me from A to B'
▼ + stars: | 2024-04-25 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

That would mean a likely contract of around $8 million over four years, including a $2.7 million signing bonus, according to MarketWatch . The idea of young athletes reaping instant riches has long been an annual subplot of the NFL draft. The money I received gave me a peace of mind I did not have previously," Fiske told Business Insider. Though he made some savvy choices, Fiske admitted he made "a few mistakes" early on after receiving his NIL money. "I'm sure I'll give in once I see more 0s on my account," Fiske told MarketWatch.

Persons: Fiske, Braden Fiske, he's, He's, he'll Organizations: Honda Accord, Florida State University, NFL, NCAA, FSU, Business, IRA, Air, CNBC Locations: Detroit

☆ Meta's earnings report comes as 'Magnificent Seven' stock looks to return to all-time high
▼ + stars: | 2024-04-24 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Meta Platforms is set to report first-quarter earnings after Wednesday's closing bell, the latest in a salvo of releases from technology names. The "Magnificent Seven" stock is currently trading about 6% below an all-time high it hit earlier in April as traders get ready for the latest news. Here's what investors should know ahead of the release: How the stock moved last time Meta's fourth-quarter earnings, released in early February, prompted a major rally. As a social media platform operator, they'll look at the total number of active users on a daily basis and minutes per active user. Average revenue per user is another important metric, as it can show how much each active user contributes in terms of profit.

Persons: Meta, LSEG, Rohit Kulkarni, Roth, Mark Zuckerberg, Kulkarni Organizations: Nasdaq, Meta, Investment, LSEG

☆ Saving in a 401(k) can come with unexpected tax bills. Here's what to check right away to avoid a surprise and 4 ways to reduce your taxes as you withdraw.
▼ + stars: | 2024-04-24 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Depending on your tax bracket at the time of withdrawal, your 401(k) money could be taxed at around 20% or 30%. Note that if you have a Roth 401(k), which is funded with after-tax dollars, you won't be taxed when withdrawing. The longer you can wait to touch your 401(k) money, the longer you'll delay owing taxes. Finally, there's the "non-taxable portion," he said, which would be money in accounts like a Roth 401(k), Roth IRA, and HSA. Or do they have a Roth IRA that they can take it from tax-free to benefit them?"

Persons: —, Grant Neiland, there's, you'd, Roth, Neiland, you've Organizations: Service, Business, Carson Wealth, IRS, Roth IRA

☆ Early retail bulls chart Nvidia's transformation from gaming icon to AI superpower — a ride that's paid for cars, dream homes, and lavish vacations
▼ + stars: | 2024-04-23 | by ( Ana Altchek | Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Nvidia has been a cash cow for retail investors lucky enough to buy before the huge AI-fueled rally. Early retail investors told Business Insider their gains have paid for cars, vacations, and dream homes. The stock's steep climb — up over 1,500% since 2019 — has transformed the lives of some of Nvidia's long-term retail investors, resulting in comfier retirements, new cars, and gains worth millions for some. Nvidia shares tumbled by more than 30% in 2018. That sense of security that such a windfall provides was the top theme among the Nvidia investors Business Insider connected with.

Persons: —, I'm, ChatGPT, Tom, he'll, Danial hadn't, Danial, Roth, Jeff Roberts, Rick, He's, Chris Downs, Downs, he's Organizations: Nvidia, Business, Service, Vanda Research, Apple, Invest, Mexico City Locations: New Jersey, Texas, Costa Rica, Missouri, Bolivia, Paris, Mexico, Spain

☆ The stock market is primed for a short-term bounce, but correction still not over
▼ + stars: | 2024-04-22 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The stock market is poised for a short-term bounce, but technical analysts who watch price charts warn that the correction is not yet over. The technician said he anticipates support for stocks — the point at which buyers will reemerge — between 4,700-4,800 in the S & P 500. .SPX YTD mountain S & P 500 To be sure, some observers anticipate a more durable stock market rally, rather than a mere bounce. He anticipates that the S & P 500 could find support down at 4,800 and may not find a true bottom for several weeks. But he anticipates that the selloff will take longer to play out, with a pullback bringing the S & P 500 back to 4,700.

Persons: JC O'Hara, Roth MKM, O'Hara, Tom Lee, Lee, CNBC's, Oppenheimer's Ari Wald, Wald, we've, BTIG's Jonathan Krinsky, Krinsky, Wolfe's Rob Ginsberg Organizations: Stocks, Federal Reserve

☆ 83% of teenagers are already thinking about retirement — but many make this one mistake
▼ + stars: | 2024-04-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Overall, teenagers are taking a greater interest in their long-term financial health — although far fewer understand basic retirement planning. "This research shows retirement is more top-of-mind for teens than one might think," said Jack Kosakowski, Junior Achievement's president and CEO. Slott recommends opening a Roth individual retirement account to get a head start. Contributions to a Roth IRA are taxed upfront, and earnings grow tax-free. Once contributed, the money inside a Roth IRA account can be invested appropriately to suit any type of long-term goal.

Persons: Jack Kosakowski, Junior, Ed Slott, Slott, Roth, Christopher Jackson's, Jackson Organizations: Junior, Da Vinci Communications High School, CNBC Locations: Southern California

☆ Meta Platforms gets billions from China without headaches many U.S. companies face there
▼ + stars: | 2024-04-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

As many American companies struggle to navigate the world's second-largest economy, Meta Platforms has found itself raking in billions of dollars from China without the direct challenges of doing business there. The influx in spending from Chinese ecommerce advertisers has been a "significant positive" for Meta, said Rohit Kulkarni, analyst at Roth MKM covering internet companies. Many American companies doing business in China have battled similar challenges as the post-Covid recovery there has progressed slower than expected. Meta has said it has a "diverse advertiser base" of Chinese companies. The concern is that as more Chinese advertisers target American consumers through Meta's platforms, that could drive up the price of ads for everyone.

Persons: Temu, Rohit Kulkarni, Roth, Meta's, Piper Sandler, Tom Champion, Estee Lauder, Meta, Susan Li, Shein, Kate Scott, Dawkins, —, Roth's Kulkarni, Piper Sandler's, they're, Josh Silverman, we're, Piper, doesn't, Jim Cramer's, Jim Cramer, Jim, Facebook Mark Zuckerberg, Kenzo Tribouillard Organizations: Club, Super, U.S, Meta, Apple, Facebook, Tencent, Holdings, Nasdaq, CNBC, Wall Street, Google, European Commission, AFP, Getty Locations: China, Ireland, Shanghai, Singapore, U.S, Meta, Brussels

☆ You can buy a home in France or Italy for 'the price of a new truck'—but take these 3 steps before retiring abroad
▼ + stars: | 2024-04-21 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

We love Italy and France and started thinking, 'What's our next step?'" These days, Sikes sends properties to some 25,000 followers and subscribers across X, YouTube and via a weekly newsletter. Here are three steps Sikes says you need to take before you buy a property abroad. "France and Italy both have tax treaties with the U.S., so you avoid double taxation," Sikes says. "There are zero restrictions on Americans buying property in Italy or France," Sikes says.

Persons: Tommy Sikes, Sikes, —, Italy, You'd, Roth, they've, I've, haven't Organizations: CNBC, YouTube, Security, U.S Locations: Europe, France, United States, U.S, Italy

☆ A 27-year-old investor building a $2 million retirement portfolio in 8 years shares the index fund he's buying that pays a 14% annual yield in a tax-efficient way
▼ + stars: | 2024-04-20 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

His brokerage account mainly holds dividend and technology stocks and an S&P 500 index fund. AdvertisementHe also began buying the NEOS S&P 500 High Income ETF (SPYI), which launched in August 2022. It also beat out similar funds, such as the JP Morgan Equity Premium Income ETF and the Global X S&P 500 Covered Call ETF, throughout 2023. Portfolio VisualizerFor this reason, he decided to bet on an ETF similar to SPYI that went live in January 2024: the NEOS Nasdaq-100 High Income ETF (QQQI). It's also subject to the 60/40 tax rate, which means that only 40% of the fund's gains are subject to the higher short-term capital gains tax rate.

Persons: —, Austin Hankwitz, Roth, Ethereum, Hankwitz, it's, It's, Austin Organizations: Service, Business, Morgan, Nasdaq, SPYI, JPMorgan Nasdaq Equity

☆ I hired a life coach for $400 a month and finally understand what it means to 'invest in yourself.' It's the best money I've ever spent.
▼ + stars: | 2024-04-20 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Hiring a life coach at age 31 and understanding what it means to 'invest in yourself'While I wasn't actively seeking advice in my 20s, my job as a personal finance reporter meant I was regularly surrounded by money, career, and life advice. My job involved talking to financial planners about smart money moves and to self-made millionaires about how to build wealth. Courtesy of Kathleen ElkinsIn August 2023, weeks after turning 31 and after a nine-year hiatus from having a coaching figure in my life, I hired a life coach. How is a life coach different from a therapist? It's the easiest money I "spend" every month because it doesn't feel like spending — it feels like (and is) an investment.

Persons: —, I'd, didn't, wasn't, It'll, Bill Gates, …, Kathleen Elkins, we've, He's, — aren't Organizations: Service, Business, IRA Locations: Boston

☆ Gen Zers can't always afford to have fun. Here's how I budget my $80,000 salary to save for a house and still enjoy my 20s.
▼ + stars: | 2024-04-19 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +6 min

It's not necessarily that I'm spending less money, but I'm way more intentional about how I spend it. But my generation has to choose between these things; having fun in your 20s is harder now. Sandke said she wants to enjoy her 20s and she builds fun activities into her budget. My savings also go toward fun things I'm looking forward to in the near future. I want to look back on my 20s and feel I was responsible with my money and had fun.

Persons: —, Emma Sandke, I've, It's, Sandke, Roth, I'm Organizations: Service, Business, Boston Locations: Boston

☆ What to Do When Your 401(k) Leaves Something to Be Desired
▼ + stars: | 2024-04-19 | by ( Mark Miller | ) www.nytimes.com time to read: +1 min

He creates pieces on his own from start to finish and enjoys that freedom. He has contributed the maximum allowable amounts to his employer’s 401(k) plan over the past two years and also topped out a Roth individual retirement account. “It seems like all that will be expensive, so I’m trying to get an early start on retirement savings while I can,” he said. His employer kicks in a generous 5 percent of his salary to the 401(k) no matter how much Mr. Gentry contributes. “I’m not sure how to determine at what point the fees become so expensive that the benefits of the 401(k) are outweighed by the fees.”

Persons: Chris Gentry, ”, Gentry, Roth, “ I’m Locations: Brooklyn, N.Y

☆ Self-made millionaire who retired at 35 shares his No. 1 money regret: I was doing the 'bare minimum'
▼ + stars: | 2024-04-19 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

The 42-year-old retired from his corporate job in 2016 with about $900,000, a total that market gains soon pushed over $1 million. 'At least I was doing that'Adcock recalls his early 20s as a time where he was doing the "bare minimum" financially. "Thanks to [advice from] my dad, I contributed enough to get the match in my 401(k) — that was literally free money." By contributing enough in his 401(k) to receive a full match, Adcock was theoretically earning a 100% return on his money. 'We wanted to achieve early retirement as quickly as possible'

Persons: You'd, Steve Adcock, he'd, Adcock, Roth, Adcock's Organizations: Roth IRA, IRA Locations: Arizona

Although Leslie has been chipping away at her student loan debt for about 15 years, she says it's been worth it in order to pursue her passion. Leslie used her DoorDash side hustle to help pay down her student loan debt. Leslie used her early DoorDash earnings to eliminate her car loan, then began throwing the rest at her remaining student loan balance. "It was really important that I got a lot of my student loan debt taken care of because then I was able to dedicate that back into myself and my health and my mental wellness," she says. Working toward a debt-free futureAlthough Leslie says her student loan debt is at a more manageable level, she plans to continue working part-time as a DoorDash delivery driver for now.

Persons: Shonnita Leslie, Leslie, it's, It's, Roth, she'll Organizations: CNBC, Public, Fi Insurance, Hulu, Roth IRA Locations: Connecticut, Houston , Texas, Houston, Leslie's, Texas, DoorDash

☆ US vetoes Palestinian attempt to gain statehood at the United Nations
▼ + stars: | 2024-04-18 | by ( Richard Roth | Jennifer Hansler | ) edition.cnn.com time to read: +2 min

CNN —The United States on Thursday blocked a United Nations Security Council resolution that would have recognised a Palestinian state. Twelve members of the Security Council had voted in favor of the resolution, the United States vetoed it, and two countries abstained. “The most expeditious path towards statehood for the Palestinian people is through direct negotiations between Israel and the Palestinian Authority with the support of the United States and other partners who share this goal,” Patel said. Palestinian attempts for recognition as a full member state began in 2011. It will be a Palestine-Nazi state, an entity that achieved statehood despite being committed to terror and Israel’s annihilation,” Erdan added.

Persons: Vedant Patel, ” Patel, Mahmoud Abbas, ”, Israel Katz, Katz, Palestinian Territories Riyad Mansour, “, ” Israel’s, Gilad Erdan, Erdan Organizations: CNN, United Nations Security, Security, United, US State Department, United Nations, Palestinian, Palestinian Authority, State, ” Israel’s, UN Locations: United States, Palestinian, New York, Israel, Palestinian Authority, Palestine, United, Palestinian Territories, Nazi

☆ Snap's move on TikTok news is 'a bit premature', says Roth MKM's Rohit Kulkarni
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSnap's move on TikTok news is 'a bit premature', says Roth MKM's Rohit KulkarniRohit Kulkarni, Roth MKM senior research analyst, and Paul Gallant, TD Cowen TMT policy analyst, join 'Closing Bell Overtime' to talk the TikTok bill in congress and its impact on other social media companies.

Persons: Roth, Rohit Kulkarni Rohit Kulkarni, Paul Gallant, TD Cowen

☆ Op-ed: There's a potential tax increase coming. Here's what you need to know
▼ + stars: | 2024-04-15 | by ( Ivory Johnson | ) www.cnbc.com time to read: +5 min

Eva-katalin | E+ | Getty ImagesIt is common folklore, a fairy tale of sorts, that middle-class Americans received perpetual relief in the Tax Cuts and Jobs Act of 2017. First, property taxes generate 32% of state and local income, and U.S. median single-family home property taxes have risen by more than 25% since 2019. Congress will be motivated to etch all the tax cuts in stone, but it would only add fuel to the debt bonfire. watch nowThere is also the qualified business income deduction that offers a 20% tax break for small businesses provided they are below certain income thresholds. All of this is in addition to crippling cost-of-living challenges from excessive government spending, the well our Treasury would have to revisit to make these tax cuts permanent.

Persons: Eva, katalin, he's, Peter G, Uncle Sam, Roth, depreciate — Organizations: Taxation, Economic, Peterson Foundation, Chamber, Commerce, Treasury, Hope Congress, Real, IRS Locations: U.S, United States

☆ Three ways investors can minimize their tax payments
▼ + stars: | 2024-04-15 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

It’s particularly difficult for investors, he said, who have to report their earnings and losses from the market to the IRS. As an alternative, Harris, who currently heads financial services firm Evergreen Money and recently authored a book about reducing tax burdens, shared his three biggest tax tips for investors with Before the Bell. So for tax purposes, selling securities that have lost value can offset the taxes due on gains from successful investments. If your losses exceed your gains, you can carry the net loss (total losses minus total gains) into the next tax year, potentially reducing future tax burdens. If you have three children and two parents, that’s $108,000 in tax free money a year, Harris said.

Persons: They’ll, ”, Bill Harris, It’s, Harris, “, Roth, hasn’t, “ you’re, Laura, Anna Cooban, Brent, Germany’s DAX, Read, Tempore Mike McGuire Organizations: New, New York CNN, National Taxpayers Union Foundation, Paypal, CNN, Evergreen Money, Bell, Investments, Brent, Traders, CAC, FTSE, Nikkei, International Energy Agency, ANZ, Google, California Journalism, Meta, California, Pro, Tempore, ” Locations: New York, United States, Israel, Iran, Tehran, Syria, Shanghai, Paris, California, America

☆ Patti Astor, Doyenne of New York’s Avant-Garde Scene, Dies at 74
▼ + stars: | 2024-04-15 | by ( Penelope Green | ) www.nytimes.com time to read: +1 min

Did she know any artists? “Yeah,” she said, “I know a few.”The place was just eight by 25 feet, and the idea was to make a gallery by artists, for artists. The first show there was an exhibition of pencil drawings by Steven Kramer, Ms. Astor’s husband at the time; all 20 of the pieces sold, at $50 each, which seemed like a promising beginning. Mr. Scharf, who had already turned all of the appliances at Ms. Astor’s home into his signature outer-space critters, was offered the next show. He was also given the opportunity to name the place for its duration.

Persons: Patti Astor, Lee Quinones, Lady Pink, Freddy, Keith Haring, Kenny Scharf, Jean, Michel Basquiat, Richard Roth, Astor, Bill Stelling, “, Steven Kramer, Astor’s, Scharf Organizations: Fun, Mudd Locations: Manhattan, Hermosa Beach, Calif, TriBeCa

☆ He Was Blinded in One Eye, but Salman Rushdie’s Vision Is Undiminished
▼ + stars: | 2024-04-14 | by ( Sarah Lyall | ) www.nytimes.com time to read: +1 min

Last May, nine months after the knife attack that nearly killed him, Salman Rushdie made a surprise appearance at the 2023 PEN America literary gala. His voice was weak and he was noticeably thinner than usual; one of his eyeglass lenses was blacked out, because his right eye had been blinded in the assault. But anyone wondering whether the author was still his old exuberant self would have been immediately reassured by the way he began his remarks, with a racy impromptu joke. “I want to remind people in the room who might not remember that ‘Valley of the Dolls’ was published in the same publishing season as Philip Roth’s ‘Portnoy’s Complaint,’” he said, riffing on an earlier speaker’s mention of Jacqueline Susann’s potboiler. It was also a triumphant signal that his brush with death — more than three decades after Ayatollah Ruhollah Khomeini of Iran issued a fatwa calling for Rushdie’s murder over the novel “The Satanic Verses” — had dampened neither his spirit nor his determination to live life in the open.

Persons: Salman Rushdie, Philip Roth’s ‘, ’ ”, riffing, Jacqueline Susann’s potboiler, Jacqueline Susann, Philip Roth’s, — “, ‘, Rushdie, Ruhollah Khomeini, — Organizations: PEN Locations: Iran

☆ With interest rates expected to be higher for longer, here's what to do with your cash
▼ + stars: | 2024-04-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

That means those saving cash in money market funds and Treasury bills can expect to see their rates stay higher for longer. The annualized seven-day yield on the Crane 100 list of the 100 largest taxable money funds is currently 5.13%. The appetite for money market funds is evident in the record amount of cash pouring into the products. Last week, there was $6.11 trillion sitting in money market funds, according to the Investment Company Institute , up from $5.87 trillion in mid-December. Then there are moderate risk investors with longer time horizons, which Vanguard surveys show are the majority of investors, he said.

Persons: They've, Peter Crane, Shelly Antoniewicz, Marguerita Cheng, you'll, Cheng, Roth, Barry Glassman, Glassman, he's, Roger Aliaga, Diaz, Vanguard's, Cash, Aliaga Organizations: Federal, Crane, Investment Company Institute, Blue, Global, CNBC, Wealth, Treasury, Vanguard

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