DIRS.INFO The most relevant business & tech news

☆ The stock market is sending retirement account balances soaring. Here's why experts say retirees still need to tread carefully.
▼ + stars: | 2024-03-30 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +5 min

Stellar stock-market returns have boosted Americans' retirement account balances. The number of 401(k) millionaires is up and average account balances are the highest in two years. Markets are volatileInvesting experts also caution against the belief that the market will keep producing strong returns year after year. Markets are up big (+20%) or negative nearly two-thirds of the time whereas 'average' returns (0-20%) only happen about a third of the time," Anderson wrote. Future uncertainty often brings a "sequence of returns risk" that's overlooked by early retirees.

Persons: —, Brian Spinelli, Halbert Hargrove, Aaron Anderson, Spinelli, Stocks, Anderson, boomers Organizations: Service, Fidelity, Fisher Investments

☆ Wellness influencers fueled pandemic misinformation. Now they have another big conspiracy in their sights
▼ + stars: | 2024-02-04 | by ( Laura Paddison | ) edition.cnn.com time to read: +12 min

As interest in the pandemic waned, experts say some wellness influencers have latched on to climate change to galvanize followers. Patrick T. Fallon/AFP/Getty ImagesCécile Simmons, a trained yoga teacher, was surprised when many of the wellness accounts she followed started posting about climate change. Some wellness influencers are exposing young audiences to a slew of climate misinformation. Climate misinformation is having “a profound impact” both on people’s beliefs and on the normalization of fringe perspectives, Caulfield said. It’s particularly worrying as it allows climate misinformation to reach new audiences, experts say, including young people that might otherwise be supportive of climate change action.

Persons: Instagram, influencer @truth_crunchy_mama, “, ” They’re, influencer @drmercola, Patrick T, Fallon, Cécile Simmons, ”, Simmons, Joseph Mercola, it’s, Stephanie Alice Baker, Halbert L, Dunn, Baker, Derek Beres, Marc, André Argentino, ” Beres, Callum Hood, Hood, they’re, Tim Caulfield, Spencer Platt, ” CCDH’s Hood, Caulfield, Mariah Wellman, ” Wellman, ” Caulfield, —, It’s, ” Simmons Organizations: CNN, Getty, Institute for Strategic, Global Wellness Institute, City University, Wellness, Center, University of Alberta, University of Illinois, Meta Locations: Hawaii, Lahaina , Hawaii, AFP, globalists, Chicago

☆ A 12% retirement return assumption is 'absolutely nuts,' expert says. Here's a realistic rate to expect
▼ + stars: | 2024-01-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

GlobalStock | Getty ImagesReturn assumptions as a lesson on compoundingThe point of the example was not to expect a 12% average rate of return on your money, Orman tells CNBC.com. Why 12% is an optimistic benchmarkThere's a reason that 12% tends to be used as a benchmark, according to Blanchett. How much retirement savers can expect to earnSo how much can you realistically expect to earn on your retirement investments? The first example with a 12% average rate of return is to illustrate the power of compounding. How your personal rate of return may varyTo be sure, no rates of return are guaranteed.

Persons: Orman, CNBC.com, Young, Roth, Ramsey, Blanchett, It's, " Blanchett, Brian Spinelli, Spinelli Organizations: IRA, Fidelity, Global, CNBC's Locations: Long Beach, Calif

☆ I was scrubbing toilets at In-N-Out and needed to turn my life around. Now I make up to $17,000 a month as a self-taught copywriter.
▼ + stars: | 2023-06-28 | by ( Michael Clendenen | ) www.businessinsider.com time to read: +5 min

After consuming marketing and copywriting material, he sent businesses letters and landed clients. Now he makes up to $17,000 a month in profit and brings in six figures monthly for his clients. I got a job at In-N-Out Burger, and after a year of working there, I asked my boss for a raise. One of the first groups of people I started working with was chiropractors because I felt strongly about the work they did. Even to this day, when I want to bring on new clients, I send out a new batch of letters.

Persons: Michael Clendenen, —, Burger, Little, I'm, who's, Gary Halbert, Halbert, Barnes & Noble, I'd, I've Organizations: Service, Fortune, Barnes & Locations: Arizona, chihuahua, USA

☆ The Balenciaga Comeback Is Happening
▼ + stars: | 2023-06-01 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

Demna, the mononymic designer of Balenciaga, that former harbinger of all things haute and cool that experienced a highly public fall from grace last winter, simply cannot resist a visual metaphor. So what does it say that his resort collection, released digitally on May 30, features a video of models emerging from the vaulted wooden doors of the Balenciaga headquarters on Avenue George V, walking back into the world in their shoulder pads, hoodies and beaded gowns, only to be doused by a sudden downpour? Coming three days after the end of a Cannes Film Festival in which more Balenciaga appeared on the red carpet than it had since last November, the message is pretty clear: Balenciaga is in the midst of its comeback, baby. Welcome to the next stage of The Return. Or, as Mosha Lundström Halbert called it on TikTok, the “Balenciagassance.” If the Balenciaga powers that be can pull it off, they will have added a new chapter to the story of early 21st-century cancel culture, becoming not just a case study on mismanagement in a crisis, but one on how to strategize a recovery without the public defenestration of the decision makers involved.

Persons: Balenciaga, George V, Halbert Organizations: New York Stock Exchange, Cannes Locations: Russia, Ukraine

Below, they weigh in on today's tipping culture, who gets a gratuity and how much. Dr. Peters adds that tipped employees may also include most front-of-house restaurant employees, bellhops, parking attendants, airport service workers and food delivery workers. most restaurants), consider using the Capital One Savor Cash Rewards Credit Card. Capital One Savor Cash Rewards Credit Card Learn More Information about the Capital One Savor Cash Rewards Credit Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication. And when it comes to using delivery services, consider a card that gives cardholders money they can use to tip delivery workers.

☆ A Swedish-made fighter jet could tip the scales against Russia in Ukraine, but it might not get there any time soon
▼ + stars: | 2023-02-05 | by ( Sebastien Roblin | ) www.businessinsider.com time to read: +16 min

Ukraine's air force remains in the fight almost a year after Russia's shambolic invasion. Sooner or later, Ukraine must induct new jet fighters into service — and they sure aren't buying them from Russia. JAS-39 Gripen: background and capabilitiesA Swedish JAS 39 Gripen at Bobo, Norway in October 2018. A Hungarian Air Force JAS-39 Gripen in August 2010. JAS-39 Gripen vs. F-16A US Air Force F-16 takes off from Aviano Air Base in Italy in June 2020.

☆ Politics and your portfolio: Midterm elections create uncertainty for markets
▼ + stars: | 2022-10-31 | by ( Stephanie Dhue | ) www.cnbc.com time to read: +3 min

Voters file down the hall as early voting begins for the midterm elections at the Citizens Service Center in Columbus, Georgia, on Oct. 17, 2022. So with the midterm elections now a week away but the outcome still not in focus, does it make sense to make those adjustments now? Financial advisors say it's best to adjust your portfolio based on your financial goals and not on the outcome of any event. The market has a 'very distinct' midterms patternHistorically, stocks tend to do better after midterm elections. In 17 of the 19 midterm elections held since 1946, stocks performed better in the six months after the election than they did in the six months prior.

☆ How top-ranked financial advisors are responding to near-retiree concerns about inflation, longevity
▼ + stars: | 2022-10-31 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

We asked four of the financial advisors who made CNBC's FA 100 list in 2022 what they're hearing from their older clients and how they're responding. 1 on CNBC's FA 100 list. A new concern, Harlemert said, is the impact rising interest rates are having on people's pensions. The value of a pension is based, in part, on current interest rates, he explained. For the last 10 years, he said, they've seen their pensions mostly rise in value as interest rates have remained at historic lows.

☆ The best year-end tax strategies from top-ranked advisors – including a ‘once in multiple-decade' opportunity
▼ + stars: | 2022-10-11 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Tetra Images | Tetra images | Getty ImagesAfter several months of soaring inflation, stock market volatility and interest rate hikes, many investors are feeling weary about their finances. But the prolonged stock market downturn offers a silver lining for some investors: opportunities to reduce their tax bill. Here are some of the most popular year-end moves to consider, according to top financial advisors. You can use Roth conversions to transfer pre-tax IRA money to an after-tax Roth IRA, for tax-free future growth. But you'll need to consider how the extra income may affect your taxes, Strain said.

Search resuls for: "Halbert"

10 mentions found