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☆ 4 red flags to look out for when choosing a financial advisor—and one green flag
▼ + stars: | 2024-11-11 | by ( Judy Lagrou | In Judylagrou | ) www.cnbc.com time to read: +5 min

Here are four red flags to look for when choosing a financial professional, plus one green flag that an advisor could be a good fit, according to certified financial planners and advisors from across the U.S.Red flag No. 1: The financial advisor does most of the talkingIf a potential financial planner is doing most of the talking without letting you get a word in edgewise, it's a bad sign. Financial advisors who are also registered as investment advisors will have a public disclosure record with the SEC as well. In addition, you will also want to make sure that your financial advisor is certified in the way they claim. 4: You don't trust themOne red flag can't be found on a list or spreadsheet: lack of trust.

Persons: Carla Adams, Adams, Sean Williams, they've, Marisa Rothstein, Rothstein, Ashton Lawrence Organizations: U.S ., Ametrine, Cadence Wealth Partners, Industry, Authority, SEC, Siena Private, Mariner Wealth Advisors Locations: U.S, Michigan, North Carolina, Avon , Connecticut, South Carolina

The seas were calm when the Bayesian, the $40 million superyacht of the British tech mogul Michael Lynch, dropped anchor off Sicily. The Bayesian was a one-of-a-kind sailboat, built by Perini Navi, a famous Italian yacht maker. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. Rescue workers bringing the body of the final Bayesian victim to shore, in Porticello, Italy, on Aug. 23.

Persons: —, Michael Lynch, Karsten Borner, Lynch’s, Borner, “, Mr, Hannah Lynch, Mike Lynch, Judy Bloomer, Jonathan Bloomer, Christopher Morvillo, Neda, Recaldo Thomas, Patrick McMullan, Lynch, Hannah, Giovanni Costantino, ”, Costantino, Tad Roberts, Abbie VanSickle, Jonathan Baum, VanSickle, Angela Bacares, Chris Morvillo, Neda Nassiri, Judy, James Cutfield, Sir David Davis, Sir David, Sir Robert Baden Powell, Fabio La Bianca, Matthew Griffiths, Borner’s, Sir Robert, Nobody, ’ ’ Capt, Guglielmo Mangiapane, Bacares, Domenico Cipolla, Cipolla, Charlotte Golunski, James Emslie, Golunski, Emslie, Perini, Ron Holland, Roberts, Stephen Edwards, John Groenewoud, Edwards, Philipp Luke, Guillermo Gefaell, Juan Manuel López, Gefaell, Igor Petyx, Cutfield, Cutfield hasn’t, Turgay, Ciner, Adam Hauck, there’s, It’s, Hauck, can’t Organizations: The Times, New York Times, Agence France, Reuters, Getty, Times, —, Italian Sea Group, American Bureau of Shipping, British Maritime and Coastguard Agency, Hewlett, Packard, New Zealand, Baia Santa Nicolicchia, Italian Coast Guard, Gale Force, Maritime and Coastguard Agency, Britain’s Department for Transport, Perini, “ Technology, Naval, Italian, Group, Spanish, Association of Naval, Ocean Engineers of Spain, British Marine Accident Investigation, Rescue Locations: British, Sicily, East Germany, Italian, Dutch, Canadian, Washington, London, Oxford, New, Naples, Porticello, Baia Santa, Palermo, Sicily’s, Palermo’s, Ireland, Tuzla, Turkey, Italy, Turkish, Istanbul, Capri, American

☆ How to keep your portfolio steady in volatile times as the election approaches
▼ + stars: | 2024-10-29 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The S & P 500 is toting a 1.3% gain in October, but it's up more than 22% in 2024. He said his team expects the CBOE Volatility Index (VIX) , a measure of expected volatility, to remain elevated around 20 until after Election Day. Individual investors are already expressing some worries about how the markets might behave in the run-up to Nov. 5 – and the days that follow. Cash-secured puts can offer investors an opportunity to put cash to work and generate some income, he said. Covered call strategies have also come into play as a potential way for investors to contend with concentrated positions, he added.

Persons: Craig Johnson, Piper Sandler, Logan Queck, I'm, Malcolm Ethridge, Ethridge, they've, Ashton Lawrence, Cash, Lawrence Organizations: Wealth, CFP, Capital, IRS, Investment Company Institute, Mariner Wealth Advisors Locations: West Des Moines , Iowa, Washington ,, Greenville , South Carolina

☆ Here's how to leverage higher income limits for the 0% capital gains bracket
▼ + stars: | 2024-10-25 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

The taxable income formula subtracts the greater of the standard or itemized deductions from your adjusted gross income. Here's what investors need to know about planning around the 0% capital gains bracket, according to financial experts. Weigh 'tax gain harvesting'If you're sitting on profitable investments, the 0% capital gains bracket could offer a chance for "tax gain harvesting," said certified financial planner Ashton Lawrence, a director at Mariner Wealth Advisors in Greenville, South Carolina. Here's how it works: Investors in the 0% capital gains bracket can strategically sell profitable brokerage account assets without triggering capital gains taxes. Opt for tax-free rebalancingYou can also leverage the 0% capital gains bracket to rebalance brokerage account assets without triggering a tax bill, experts say.

Persons: dowell, Ashton Lawrence, Lawrence, George Gagliardi Organizations: Mariner Wealth Advisors, Coromandel Wealth Management Locations: Greenville , South Carolina, Lexington , Massachusetts

Video Ad Feedback Coast Guard saves man clinging to cooler 30 miles off Florida coast as Milton approached 00:39 - Source: CNNAhead of Milton’s arrival this week, the US Coast Guard twice helped a Florida boater, who was found clinging to a cooler in the Gulf waters the second time he was rescued, video shows. A Coast Guard rescue boat crew and a rescue helicopter crew arrived to help the two people, who were airlifted back to Air Station Clearwater in good condition, the release said. “The weather at the time was 6-8 foot seas, and approximately 30 mph winds but quickly deteriorating as (Milton) approached,” the release states. The Coast Guard instructed the captain to wear a life jacket and stay with the vessel’s emergency position. A Coast Guard Air Station Miami helicopter was launched at 5:30 a.m.

Persons: Milton, Dave, “ Watchstanders, ”, Cmdr, Dana Grady Organizations: Guard, CNN, US Coast Guard, Coast Guard, USCG, Air Station Clearwater, Coast Guard Air Station Miami, Tampa General Hospital Locations: Florida, St, Petersburg, John’s, St . Petersburg , Florida, Gulf, Tampa

The Titan submersible plunged thousands of feet down the forbidding depths of the North Atlantic Ocean in search of the Titanic wreck site when it imploded, killing all five on board. OceanGate came under heavy scrutiny as a result of the disaster — an almost unheard-of occurrence in the submersible industry. But after the Titan didn’t return at its scheduled time, the Polar Prince contacted the Coast Guard. The suit remains ongoing, and a former OceanGate engineering director, Tony Nissen, named as a defendant, is expected to appear Monday at the Coast Guard hearing. “The Titan submersible did not just go down with its inventor — it went down with paying passengers.”

Persons: —, Guillermo Söhnlein, Jason Neubauer, OceanGate, “, voyagers, Polar Prince, Paul, Henri Nargeolet, Hamish Harding, Shahzada Dawood, Suleman, Rush, “ Stockton, I’d, ” Söhnlein, David Lochridge, Lochridge, ” OceanGate, Nargeolet, Tony Nissen, Neubauer, Peter Girguis, there’s, ” Girguis Organizations: Coast Guard, Marine Board, OceanGate, Marine Board of, Department of Justice, Polar, Stockton Rush, Associated Press, Harvard University, Oceanographic Locations: Canada’s, French, North Charleston , South Carolina, Washington, U.S

☆ Scientists digitally dissect ancient Egyptian ‘screaming’ mummy
▼ + stars: | 2024-08-03 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —Ancient Egypt’s pyramids, pharaohs and artifacts delight the imagination, reigniting wonder of the distant past in every generation. Experts are also using the latest techniques to spill secrets hidden within discoveries made decades ago, with new research this week “digitally dissecting” an unusual mummy found in 1935. The "screaming woman" whose mummified remains were discovered in 1935 may have died violently, a new study suggests. — To keep swimmers and beachgoers safe, scientists are using artificial intelligence to detect juvenile sharks, which like to hang out near the shore. They find wonder in planets beyond our solar system and discoveries from the ancient world.

Persons: Sahar Saleem, Saleem, Saleem couldn’t, Venus, Guillermo Legaria, Lonely Guy, —, Ashley Strickland, Katie Hunt Organizations: CNN, Metropolitan Museum of Art, Kasr Al, Cairo University, Mercury, European Space Agency, Japan Aerospace Exploration Agency, NASA, JPL, Caltech Venus, Lonely, —, CNN Space, Science Locations: ., Damietta, Egypt, Luxor, New York City, Kasr Al Ainy, Europe, Asia, Thailand, Southeast Asia

☆ Finding opportunities in the market
▼ + stars: | 2024-08-02 | 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 EmailFinding opportunities in the marketErik Knutzen, Neuberger Berman multi-asset CIO, and Jeff Krumpelman, chief investment strategist at Mariner Wealth Advisors, join 'Closing Bell: Overtime' to discuss the biggest opportunity for investors, why there could be a reversal higher, and more.

Persons: Erik Knutzen, Neuberger Berman, Jeff Krumpelman Organizations: Mariner Wealth Advisors

☆ Venus atmosphere shows potential signs of life — again
▼ + stars: | 2024-07-29 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +11 min

“We’re a long way from saying this, but if there is life on Venus producing phosphine, we have no idea why it’s producing it. So finding them in the atmosphere of Venus is interesting on that basis as well. But further analysis of that data by Clements’ team revealed weak traces of the molecule, reinforcing the theory. “To date, our analyses remain unchallenged in the literature,” said Mogul, who was not involved in the research of Clements’ team. While detecting phosphine and ammonia in Venus’ clouds is exciting, it is just the beginning of a longer journey to unravel the mysteries of that planet’s atmosphere, he said.

Persons: James, Maxwell, “ There’s, ”, Dave Clements, “, we’ve, Clements, ” Clements, Venus, Clements ’, Rakesh Mogul, Jane Greaves, NASA's, ” Greaves, Greaves, Javier Martin, Torres, Martín, Kate Pattle, ” Pattle, Pattle Organizations: CNN, Astronomical Society, Imperial College London, NASA, JPL, Caltech, Saturn, Venus, Telescope, California State Polytechnic University, ” Mogul, Cardiff University, Green Bank, Royal Astronomical Society, European Space Agency, University of Aberdeen, University College London Locations: Hull, England, Hawaii, SOFIA, ALMA, Pomona, United Kingdom, West Virginia

☆ It’s too hot to sell a house this summer, some real estate experts say. What home sellers can do
▼ + stars: | 2024-07-23 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

watch nowOpen houses during the morning, virtual showingsSelling a home during summer with extreme heat will call for more flexibility from sellers, according to experts. If that's the case, offer handheld fans or refreshments can help buyers stay cool, Mainord explained. Make sure the HVAC system is servicedIf you're hoping to sell your home during the summer, make sure the heating, ventilation and air conditioning system in the house is working properly. "We want to make sure that the HVAC systems or units are being serviced, that they're being maintained properly, that they're working properly," said Sanchez. "HVAC systems can be vastly expensive," said Ashton Lawrence, director and senior wealth advisor at Mariner Wealth Advisors in Greenville, South Carolina.

Persons: I've, Sanchez, Terry Mainord, Mainord, Ashton Lawrence Organizations: Mariner Wealth Advisors Locations: Brooklyn , New York, Greenville , South Carolina

My pet insurance is $25 a month, and I get great care for my cat with affordable co-pays. I pay $25 a month for pet insuranceI have Fetch pet insurance, which costs about $25 a month for one cat (although it started at $22). Get Pet Insurance Quotes Find affordable pet insurance policies with Petted. Rose used to have pet insurance for Mar through her job, which gave her access to Nationwide pet insurance for about $8 a month out of her paycheck. Now, doing research on pet insurance, Rose expects to pay a higher cost than before.

Persons: I've, I'm, She's, It's, Cuddles, Rose Rogers, Rose, Mar, it's Organizations: Sherwood Cat, Mar, Nationwide Locations: I'm, Portland , Oregon, Oregon's, Seattle

☆ How a Roth conversion ladder can save on future taxes and unlock retirement funds early
▼ + stars: | 2024-07-09 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Roth individual retirement account conversions are a popular way to reduce future levies on pretax 401(k) or IRA withdrawals — and you can smooth out the upfront tax hit with a "Roth conversion ladder," experts say. Roth conversions transfer pretax or nondeductible IRA money to a Roth IRA, which offers future tax-free growth. The trade-off is regular income taxes incurred that year on the converted balance. By comparison, a Roth conversion ladder is a series of conversions over multiple years, meaning "you're paying taxes in smaller increments," said certified financial planner Preston Cherry, founder and president of Concurrent Financial Planning in Green Bay, Wisconsin. Of course, boosting your adjusted gross income any year can trigger other tax consequences, such as phaseouts for certain tax breaks.

Persons: Roth, Preston Cherry, Ashton Lawrence, pretax, Lawrence Organizations: Roth IRA, Finance, CFP, Mariner Wealth Advisors Locations: Green Bay , Wisconsin, Greenville , South Carolina

☆ Civilian mariner remains missing 2 days after Houthi militants struck cargo ship in Red Sea
▼ + stars: | 2024-06-14 | by ( Mary Kay Mallonee | Avery Lotz | ) edition.cnn.com time to read: +3 min

CNN —US forces launched successful attacks late this week on Houthi radars that helped facilitate the Iranian-backed group’s ongoing assaults on ships in the Red Sea, according to US Central Command. The cargo ship is still in the Red Sea and is taking on water, CENTCOM said. But despite efforts to weaken Houthi weapon supplies, Red Sea assaults from the Iranian-backed group have persisted. On Thursday, Iran-backed Houthi militants struck another cargo ship, the M/V Verbena, in two separate missile attacks in the Gulf of Aden, severely injuring a civilian mariner and causing fires on board, according to CENTCOM. “This continued malign and reckless behavior by the Iranian-backed Houthis threatens regional stability and endangers the lives of mariners across the Red Sea and Gulf of Aden.

Persons: CENTCOM, “, Verbena, Houthis, ” CENTCOM Organizations: CNN, US, US Central Command, Liberian, USS, UK Maritime Trade Locations: Red, Houthi, Yemen, USS Philippine, Gulf of Aden, Iran, Gulf, Aden, Polish, Iranian, Gaza, United States

Generating income with dividend stocks Dividend stocks have long been a staple of income investors' portfolios. Municipal bonds offer income that's free of federal tax, however. These names trade on exchanges like stocks, and they can offer dividend yields upward of 6%. Options strategies to create income Derivative income funds , such as the JPMorgan Equity Premium Income ETF (JEPI), gathered some $22 billion in 2023, according to Morningstar. Further, consider comparison shopping, as all "derivative income" funds have their own quirks and differences in strategies could affect their risk/return profile.

Persons: Janus Henderson, Walt Disney's, Amber Milam, Jefferies, It's, Savita Subramanian, Subramanian, Russell, Louis, Morningstar, Mike Mulach, Rick Rieder, he'd, Kathleen McNamara, there's, –, Bill Gross, JEPI, Cash, Ashton Lawrence Organizations: Federal Reserve, Meta, Mobile, Bank of America, IBM, . Investment, Fitch, Credit, nab, ICE, Federal Reserve Bank of St, Louis Fed, UBS, UBS Wealth Management, York Life Investments, –, JPMorgan, Mariner Wealth Advisors Locations: U.S, Greenville , South Carolina

☆ If you have this much money in your 401(k), you're doing better than most—here's how to save even more
▼ + stars: | 2024-05-30 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

Still, when you're saving for something that's decades away, such as retirement, it's easy to feel like you're not doing enough or that you're falling behind without some context. Even if you're not doing as well as you'd like, you may be doing better than most. "Automating savings ensures consistency and discipline, making it easier to stick to your retirement savings goals." It's "essentially free money that can significantly boost your retirement savings," says Basso. "Don't treat your retirement savings like Vegas and go all in on something.

Persons: you've, Ashton Lawrence, Alyson Basso, Basso, couldn't, Andrew Herzog Organizations: Fidelity, Mariner Wealth Advisors, Hayden Wealth Management, CNBC Locations: Greenville , South Carolina, Middleton , Massachusetts, Plano , Texas, Vegas

☆ The Baltimore Bridge cargo ship’s crew has been stuck on board for 7 weeks. What life is like on the Dali vessel
▼ + stars: | 2024-05-18 | by ( Holly Yan | ) edition.cnn.com time to read: +10 min

Mark Nestlehutt boarded the Dali cargo ship a week after it crashed into a Baltimore bridge, anxious questions emerged among the 21 crew members:“When will I get off the ship? When will I be able to get home?”More than a month later, crew members still don’t know the answers. But the FBI has only returned some of the crew members’ SIM cards, he said. They’re also assisting with the salvors.”The Singaporean-flagged Dali cargo vessel is shown on March 26, hours after it destroyed Baltimore's Francis Scott Key Bridge. Their one-month visas expired during the nearly two months they’ve been trapped on the Dali, Duan said.

Persons: Mark Nestlehutt, They’ve, Dali, Francis Scott Key, ”, Gwee Guo Duan, they’ve, Philip C, Schifflin Jr, ” Schifflin, Nestlehutt, “, Duan, Dave Heindel, Bro Chen Chuanyi, ” Don Marcus, Darrell Wilson, They’re, Baltimore's Francis Scott Key, Julia Nikhinson, ” Wilson, Wilson, Duan –, can’t, “ They’re, ” Duan, nonessential, Schifflin, Gloria Pazmino Organizations: CNN, Francis Scott Key Bridge, FBI, Singapore Maritime Officers ’ Union, Center, Mariner, Federal Register, Seamen’s Church Institute, Singapore Organisation of Seamen, International Union, ”, ITF, International Organization of Masters, Synergy Marine, –, Marine, Synergy, National Transportation Safety, Walmart Locations: Baltimore, Lankan, United States, Dali

☆ A US Navy supply ship was run aground by a distracted junior officer after the ship's captain left to eat dinner, investigation reveals
▼ + stars: | 2024-05-13 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +4 min

Read previewA Navy supply ship was run aground by a junior officer off the coast of Bahrain shortly after the ship's master — or captain — left the bridge to eat dinner, an investigation revealed. The master took the ship there and then went to eat dinner, leaving the ship in the hands of a much more junior third officer. Less than 30 minutes later, the Alan Shepard was grounded on a shoal. An MH-60S Sea Hawk approaches the Lewis and Clark-class dry cargo and ammunition ship USNS Alan Shepard. Sailors aboard guided-missile destroyer USS Spruance hold the phone and distance line during a replenishment-at-sea with dry cargo ship USNS Alan Shepard.

Persons: —, Alan Shepard, Lewis, Clark, James Hong, Military.com, Alan Shepard's, Spruance, Taylor Crenshaw, Arleigh Burke, Andrew Langholf, Howard, Cmdr, Kenji Igawa Organizations: Service, Navy, Business, US Navy, US Coast Guard, Halsey Locations: Bahrain, Bali, Indonesia

☆ Money market funds yielding more than 5% won’t last. Where to deploy idle cash instead
▼ + stars: | 2024-05-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Money market funds' siren song has become a little louder: With the timing of Federal Reserve rate cuts shaky, yields on cash are still hot – for now. Here's how to decide where and when to redeploy some of your idle cash into fixed income. Taxes are also a key consideration as you build out your fixed income sleeve. Interest income from Treasurys, meanwhile, is subject to federal income tax but exempt from state and local taxes. A gradual entry toward fixed income You don't have to build out your fixed income allocation in one day.

Persons: Rob Williams, Charles Schwab, Ashton Lawrence, Lawrence, Williams Organizations: Mariner Wealth Advisors, Mutual Locations: Greenville , South Carolina, Treasurys, New York , New Jersey, California

☆ Mariner Wealth Advisors' Tim Lesko reacts to Apple's earnings beat and historic share buyback
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMariner Wealth Advisors' Tim Lesko reacts to Apple's earnings beat and historic share buybackTim Lesko, Mariner Wealth Advisors senior wealth advisor, joins 'Closing Bell Overtime' to talk Apple earnings after beating on top and bottom line and historic stock buyback.

Persons: Tim Lesko Organizations: Mariner Wealth Advisors

☆ Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns to reach mainstream
▼ + stars: | 2024-04-29 | by ( Jonathan Keane | ) www.cnbc.com time to read: +5 min

The voyage was a test of an autonomous ship under AUTOSHIP, an EU-funded program to develop new technologies for navigating large vessels. The consortium brought together entities from academia and industry, including Kongsberg Maritime, the Norwegian giant that has been conducting deep research and development (R&D) on autonomous shipping. The trip marked a pivotal advancement in developing autonomous technology for shipping, which still faces many hurdles before it is ready for primetime. "Uniquely for autonomous technology, the hazards are hidden for the mariner by the sea. "Learning via mistake in a cargo ship environment can be costly, it can be dangerous," said J.C. Renshaw, head of supply chain consulting at Savills North America.

Persons: Markus Laurinen, Laurinen, Ville, SHI, Denmark's DNV, Leo McLeman, McLeman, J.C, Renshaw Organizations: Kongsberg Maritime, CNBC, Kongsberg Maritime's VP, Korea's Samsung Heavy Industry, Samsung, International Maritime Organization, Hydrographic Office, Savills Locations: Norway, EU, Norwegian, Kongsberg, America, Africa

☆ A rise in gold prices is not a good backdrop for rate cuts, says Bleakley's Peter Boockvar
▼ + stars: | 2024-04-16 | 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 EmailA rise in gold prices is not a good backdrop for rate cuts, says Bleakley's Peter BoockvarPeter Boockvar, Bleakley Financial Group CIO, and Jeff Krumpelman, chief investment strategist at Mariner Wealth Advisors, join CNBC's 'The Exchange' to break down their reactions to yield spikes, the bullish case for gold, and more.

Persons: Bleakley's Peter Boockvar Peter Boockvar, Jeff Krumpelman, CNBC's Organizations: Bleakley Financial, Mariner Wealth Advisors

☆ A former corporate lawyer died after falling from a luxury liner, reports say. One expert says cruise safety is outdated.
▼ + stars: | 2024-04-13 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

AdvertisementWhile the chances of falling overboard on a cruise ship are extremely low , a cruise ship expert told Business Insider that the industry's safety protocols needed updating. Sophie Elizabeth Blythe-Tinker told the court her father "wasn't himself" and had become "increasingly abnormal" during his time on board, per the Telegraph. Cruise ship safetyRoss Klein, an international authority on the cruise ship industry, told BI he believes cruise ship safety rules are outdated. He said no substantial changes have been made to cruise ship safety since the Cruise Vessel Security and Safety Act of 2010. AdvertisementKlein is "not very hopeful" about actionable change regarding cruise safety in the near future "because nobody's pushing for changes."

Persons: —, Nigel Blythe, Blythe, William Hill, Tinker, Sophie Elizabeth Blythe, wasn't, I'm, Karen Shuman, Mr Blythe, Ross Klein, Klein, Levion Parker, Francel Parker, ideation Organizations: Service, London's, of Justice, The Telegraph, Seven Seas, Business, Seven Seas Cruises, Cruise Vessel Security, Royal Caribbean, New York Post, Sun Locations: England, Australia, Blythe, Marseille, Barcelona, Florida, Port

☆ My cargo ship briefly lost power at sea. Here's how merchant mariners are trained to deal with it.
▼ + stars: | 2024-04-03 | by ( Grace Kay | ) www.businessinsider.com time to read: +8 min

Boyle said he was on a ship that lost power briefly and his training kicked in. I've never faced any major emergencies while working aboard a cargo ship, aside from a minor fire and an instance where my ship temporarily lost power. Do I need to switch over the steering to emergency steering? I radioed into that other vessel just to inform him that we had lost power but we still had steering. Since we still had steering, the main focus was figuring out why we lost power.

Persons: Bryan Boyle, Boyle, —, YouTuber, I've, I'm, Francis Scott Key, It's, we're, you've Organizations: Service, Portland Press Herald, Maersk Locations: Baltimore, North

☆ These strategies can help hedge portfolios against losses or generate income
▼ + stars: | 2024-04-02 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Trailing stop losses Investors who rode tech's ascent — consider that Nvidia is up more than 80% in 2024 — may be reluctant to part with those positions. However, trailing stop losses may permit them to hold on to those stocks and still protect against sharp declines. Put options give investors the right to sell a stock at a specified — or "strike" — price before an expiration date. However, you can also pair this strategy with a covered call, which may boost your income and offset losses. "Covered call options can be employed to generate income on existing stock holdings while potentially limiting upside potential," Lawrence said.

Persons: Ashton Lawrence, Lawrence, Cash Organizations: Mariner Wealth Advisors, Nvidia, Retail, Investors Locations: Greenville , South Carolina

Hold all traffic on the Key Bridge," the officer said. Police block off an entrance to the Francis Scott Key Bridge in Baltimore, Maryland, on March 29, 2024. "When they made that call, the bridge attendants did a remarkable job of stopping flow of traffic on each end. And that's what truly saved lives. Rescuers pulled two people — and two bodies — from the frigid river after the Francis Scott Key Bridge collapsed.

Persons: —, Baltimore's Francis Scott Key, Francis Scott Key, Scott Olson, Kevin Battle, Eric Dawicki, Dawicki, Andy Middleton, Middleton, James Staples, Kevin Dietsch, Philip Schifflin, Michael Campbell, it's, Dali, I've, Campbell Organizations: Police, Service, Baltimore Port Authority police, Rescue, Northeast Maritime Institute, Walmart, Maritime, Port Authority of, Rescuers, Center, Mariner, Seaman's Church Institute, The Telegraph, Massachusetts Maritime Academy, BI Locations: Baltimore, Singapore, that's, Baltimore , Maryland, Patapsco, Portland Harbor, Maine, Port Authority of Singapore, Europe

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