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☆ What the charts say about Nvidia before earnings
▼ + stars: | 2024-11-19 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Since early last year Nvidia (NVDA) has become the Super Bowl of earnings and like the actual big game, it comes right at the end of the season. Fundamental outlook The analyst community is looking for Nvidia to report 75 cents in EPS on $33.13 billion in revenue, according to FactSet. Nvidia charts The prior quarter's growth rates are coming down from astronomical levels of multiple hundreds of percentage points. As a result Nvidia sold off on Aug 28 from around the $130 level all the way down to $101.50. Hedge on Nvidia, just in case We're looking at buying a Nov 22nd expiration $140 / $130 put debit spread, currently trading at $2.88.

Persons: Blackwell, NVDA, Elliott, Todd Gordon, Gordon Organizations: Nvidia, Blackwell, Philadelphia Semiconductor, Inside Edge Capital Management, NVDA, Inside Edge, CNBC, NBC UNIVERSAL Locations: NVDA

☆ Doubts mount over Britain’s ambitious growth plans — with warnings of further tax rises possible
▼ + stars: | 2024-11-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

A higher economic growth rate could theoretically boost the government's tax take without the need to raise taxes further, because overall revenues would be higher. The OBR now expects U.K. real GDP growth of 1.1% in 2024, followed by expansion of 2% in 2025, before falling to 1.5%. The Labour government did not immediately respond to CNBC's request for comment on further possible tax changes. 'Desperate' growth ratesThe U.K. economy barely grew in the third quarter, eking out a less-than-expected 0.1% expansion, data from the Office for National Statistics showed Friday. We've had 1% growth, or around 1% growth now since the Financial Crisis.

Persons: Rachel Reeves, James Smith, CNBC's, John Grieve, Reeves, Gieve, —, Labour's, ING's Smith, We've Organizations: Treasury, Getty, Labour, Finance, ING, of, CNBC, National Insurance, Office, National Statistics, Gross Locations: London, England

☆ This is a great opportunity to rebalance fixed-income allocations, says Schwab's Omar Aguilar
▼ + stars: | 2024-11-14 | 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 EmailThis is a great opportunity to rebalance fixed-income allocations, says Schwab's Omar AguilarOmar Aguilar, Schwab Asset Management CEO & CIO and Brooke May, Evans May Wealth managing partner, joins 'Closing Bell: Overtime' to discuss markets and economy.

Persons: Schwab's Omar Aguilar Omar Aguilar, Brooke May, Evans Organizations: Schwab Asset Management, Wealth

☆ Here's what the U.S.' enemies — and allies — might see from Marco Rubio as secretary of State
▼ + stars: | 2024-11-14 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Republican presidential nominee and former U.S. President Donald Trump and Senator Marco Rubio (R-FL) react during a campaign event at Dorton Arena, in Raleigh, North Carolina, U.S. November 4, 2024. Jonathan Drake | ReutersPresident-elect Donald Trump's choice of Sen. Marco Rubio as his secretary of State, arguably the world's most important diplomat, could change the dial when it comes to the U.S.' relationship with both its enemies and its allies. You know, adversaries are uniting — in North Korea, Iran, China, Russia — [and] increasingly coordinating," Rubio said. US Senator Marco Rubio speaks during a campaign rally for former US President and Republican presidential candidate Donald Trump in Doral, Florida, on July 9, 2024. And I think that's what [former President] Donald Trump is trying to say," Rubio said.

Persons: Donald Trump, Marco Rubio, Jonathan Drake, Donald Trump's, Sen, Rubio, Trump, " Rubio, Marco, Trump's, Giorgio Viera, China Rubio, Wei Dongsheng, State Rubio, Mark Wilson, Masoud Pezeshkian, Hassan Nasrallah, Nasrallah, Angela Weiss, Donald Trump —, Ukraine It's, It's, Mike Segar Organizations: Dorton, Reuters, State, Senate Intelligence, Foreign Relations, Trump, White, Allies, CNN, Republican, AFP, Getty, U.S ., Science & Technology, Visual China, Rubio, China, Politico, White House, U.S, NBC, PPL Center, Afp, Russia, NBC News, Republican National Convention Locations: Raleigh , North Carolina, U.S, China, Iran, Ukraine, Russia, North Korea, Doral , Florida, Beijing, Communist China, JIUJIANG, CHINA, Jiujiang, Jiangxi Province, Washington, Israel, New York, Washington , DC, Gaza, Lebanon, Florida, Allentown , Pennsylvania, Tehran, Milwaukee , Wisconsin

☆ Trump's win is already scrambling supply chains
▼ + stars: | 2024-11-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

Donald Trump's election victory last week is already having an effect on global supply chains. While many firms are waiting to see what Trump's trade policies will be, some are moving ahead. From medical supplies to consumer products, several companies are getting an early start to changing their supply chains. Several companies, however, aren't waiting to make changes to their supply chains. Fortune Brands, which owns a portfolio of home products brands like Moen plumbing fixtures and Yale locks, has been rethinking its supply chain since Trump's tariffs in 2017.

Persons: Donald Trump's, —, Donald Trump, they've, Trump, TD Cowen, Oliver Chen, Matt Meeker, Michael Alkire, We've, Nick Fink, Clarus, Neil Fiske, Robert Scaringe, Schneider, Jim Filter Organizations: Service, Republican, Inc, Fortune Brands, Moen, Yale, Diamond Locations: China, Americas, Southeast Asia, Vietnam

☆ Bolster your portfolio for any Election Day outcome
▼ + stars: | 2024-11-05 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

With Election Day underway, income investors should soon find out how their portfolio may — or may not — be affected by the outcome. Harris has said she wants to boost the corporate tax rate to 28% and increase the top rate for long-term capital gains to 28% for those making more than $1 million. That means that those who are buying AMT bonds but not paying AMT are getting free income, he said. Lastly, a higher corporate tax rate could also spur banks and insurance companies to return to the muni market. The companies owned a lot of municipal bonds when the tax rate was 35% and many bought more corporate bonds when the tax rate fell to 21%, Brandon said.

Persons: Colleen Cunniffe, Donald Trump, Kamala Harris, Collin Martin, Martin, Trump, Harris, Dan Close, Craig Brandon, Brandon, Andrzej Skiba, Skiba, Schwab's Martin, Cunniffe, Cunniff, Darla Mercado Organizations: Vanguard, Wells Fargo Institute, Schwab Center, Financial Research, US, Treasury, —, munis, Morgan Stanley Investment Management, Investors, Trump, RBC Global, Management, Federal Reserve Locations: China, Nuveen, U.S

☆ At-home brain stimulation relieves symptoms of depression, study finds
▼ + stars: | 2024-11-01 | by ( Brenda Goodman | ) edition.cnn.com time to read: +8 min

CNN —A headset worn at home that zaps the brain with the energy of a 9-volt battery could help relieve symptoms of depression, a new study shows. Rebalancing brain activity in depressionThe device is available in the UK, Norway, Hong Kong and countries in the EU. Studies show that people with depression tend to have less brain activity than normal in the dorsolateral prefrontal cortex and more brain activity than normal in the ventromedial prefrontal cortex. A ‘spicy’ sensation with brain benefitsLeana De Hoyos, a 34-year-old mother of two who lives in Houston, was one of the study participants. Helping people use brain stimulation at homeFu says that when her team started looking at transcranial direct current stimulation for depression, they first reviewed the medical literature.

Persons: ”, Rodrigo Machado, Vieira, Machado, It’s, it’s overactive, Daniel Mansson, Cynthia Fu, Fu, Leana De Hoyos, De Hoyos, didn’t, ” De Hoyos, I’m, you’ve, “, ’, ” Fu, Dr, Sanjay Gupta, “ We’re, Mansson, hasn’t Organizations: CNN, Nature Medicine, Therapeutics, US Food and Drug Administration, Neuroscience, King’s College London, CNN Health, “ Locations: UTHealth, Norway, Hong Kong, Swedish, United States, Houston, Europe

☆ 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

☆ Gen Z, here's how to craft the best retirement plan starting now: 4 financial experts share their best tips and tricks
▼ + stars: | 2024-10-26 | by ( Christine Ji | ) www.businessinsider.com time to read: +8 min

For Gen Z, retirement is 40 or 50 years away, but now is the perfect time to start saving. Four financial experts shared their top strategies to kick-start retirement savings. Or, it may seem difficult and anxiety-inducing, especially as Gen Z juggles student loan debt, high costs of living, and a tough job market. AdvertisementBusiness Insider asked four wealth advisors for their best tips and tricks on how Gen Z can maximize their retirement savings, starting now. Basic budgeting strategies, such as keeping housing costs at 30% or lower of your total paycheck, can also create a strong foundation for retirement savings, Crowell said.

Persons: —, Zers, Z, Gen Z, there's, Andrew Crowell, Davidson, Crowell, Zer, Gen Zers, Ayako Yoshioka, Yoshioka, Roth, haven't, Ashley Weeks, Weeks, Alanna Morey, Morey Organizations: Service, Social Security, Bank of America, D.A, Roth IRA, Equity, Bank

☆ 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

☆ Here's how much you can make in 2025 and still pay 0% capital gains
▼ + stars: | 2024-10-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

If you're ready to rebalance investments or harvest profits, you could shield more earnings from capital gains taxes in 2025. The IRS on Tuesday announced dozens of inflation adjustments for 2025, including long-term capital gains brackets, which apply to assets owned for more than one year. Starting in 2025, there are higher taxable income thresholds for the 0% capital gains bracket, meaning investors can sell more assets without triggering taxes. The 0% capital gains bracket creates a "significant opportunity" for tax planning, according to certified financial planner Neil Krishnaswamy, president of Krishna Wealth Planning in McKinney, Texas. Here's what to know about the 0% long-term capital gains rate for 2025 and how to qualify.

Persons: Neil Krishnaswamy, Krishnaswamy Organizations: IRS, Krishna Wealth, Finance Locations: McKinney , Texas

☆ How to build up your bets – and your returns – in dividend-paying stocks
▼ + stars: | 2024-10-17 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Dividend stocks could be poised to get their moment in the sun as interest rates fall – and investors only need to take a simple step to boost their long-term returns in these positions. "As rates fall, we might see people looking for longer-term alternatives and, in turn, dividend-paying stocks," he said. For starters, it's a form of dollar-cost averaging into a position, meaning you're buying the stock at regular intervals regardless of the price. "It allows them to reinvest this dividend on a regular scheduled timeframe and have a great opportunity for a larger total return over the long term." The ProShares S & P 500 Dividend Aristocrats (NOBL) has a total return of nearly 15% in 2024 and an expense ratio of 0.35%.

Persons: Dan Stein, Charles Schwab, Jay Spector, That's, would've, you'll, Stein, – CNBC's Chris Hayes Organizations: Federal Reserve, Investors, CFP, EverVest, Machines, IBM, Target Corp, Apple, Broadcom, Microsoft, Exxon Mobil, Internal Revenue Service Locations: Tysons Corner , Virginia, Scottsdale , Arizona

☆ Goldman says this market-beating bank stock has a lot further to run
▼ + stars: | 2024-10-08 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Goldman Sachs thinks that U.S.-traded shares of Barclays still have a long growth runway ahead, even after already beating the market so far in 2024. The firm initiated coverage of the banking stock with a buy rating and a 290 pence per share price target on Tuesday. Goldman analyst Chris Hallam forecasts that Barclays could grow its earnings per share twice as fast as peer firms through 2027, while a steep discount on the stock gives investors an attractive entry point. ""The Investment Bank [portion of Barclays' business] is at-scale but currently under-earning," Hallam said. Hallam noted Barclays stock currently trades at roughly six times its 12-month forward price-to-earnings ratio, compared to the wider group of banks covered by Goldman that trade at seven times forward P/E.

Persons: Goldman Sachs, Goldman, Chris Hallam, Hallam Organizations: Barclays, U.S, BCS, ADRs, Investment Locations: American, stoke, reallocation

☆ 'I am getting increasingly queasy': JPMorgan's strategy chief on why investors should dial back risk amid market distortions
▼ + stars: | 2024-10-06 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

Yet, as markets eye a soft landing, potential shocks pose a higher risk to investors, David Kelly says. The firm's chief global strategist says the promise of a soft landing has encouraged Americans to pour into riskier assets at the exact time they shouldn't be. "I will say that although I think this is positive for the equity market, I am getting increasingly queasy about the fact that the equity market keeps on pricing in a soft landing," Kelly told Business Insider. He said that as the market prices in a soft landing, valuations rise, which means any shock to the market could send asset prices tumbling. According to Fed data, the total aggregate wealth of American households grew by about $50 trillion in the last five years.

Persons: David Kelly, —, Kelly, shouldn't, you've, payrolls Organizations: Service, Asset, Business, Federal

☆ How major retailers Amazon, Best Buy, Costco, Home Depot prepared for the port strike
▼ + stars: | 2024-10-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Club holdings Amazon , Costco , Home Depot , and Best Buy have been preparing for the port strike for months — attempting to blunt any fallout it might have on their abilities to get goods from overseas. They added that 60% to 70% of those imports arrive at East Coast and Gulf Coast ports. To put things in perspective, for retail goods, the East Coast ports are less utilized than the West Coast ports, Basham said. Due to its size, however, Best Buy often gets priority from its shippers, which could help secure goods faster than smaller competitors. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Walkouts, We're, Jeff Marks, Seth Basham, Basham, Lorraine Hutchinson, Bank of America Merrill Lynch, it's, They're, Ron Vachris, We've, Marc Wulfraat, Wulfraat, Wedbush's Basham, Jim Cramer's, Jim Cramer, Jim, Maher, Shannon Stapleton Organizations: Longshoremen's Association, United States Maritime Alliance, U.S, Costco, Home, CNBC, Barclays, Retailers, Bank of America, International Longshoremen's Association Locations: East Coast, Gulf, Maine, Texas, Gulf Coast, East, West Coast, Elizabeth , New Jersey, U.S

☆ Analysis: China is celebrating National Day but with the economic downturn not everyone is in the party spirit
▼ + stars: | 2024-09-30 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

Tourists visit an ancient city gate in Beijing, China ahead of National Day. The stock market may be in the midst of one of its most remarkable turnarounds, but economists say reversing China’s economic downturn will require much more work. “Stimulating the stock market doesn’t really do much for the real economy in China. Very few people invest in the stock market compared to other major markets,” said Logan Wright, director of China markets research at Rhodium Group. Property woesThe outlook for the real estate industry, which makes up about a quarter of the Chinese economy and 70% of household wealth, remains dim.

Persons: Japan’s “, Xi Jinping, Xi, Xu Tianchen, Hong, David Tepper, ”, Logan Wright, Wright, There’s, ” Wright, “, hasn’t, Alfred Wu, Lee Organizations: Hong Kong CNN, Economist Intelligence Unit, Reuters, Shenzhen bourses, Securities Times, Tourists, Management, CNBC, Barclays, Communist Party, Lee Kuan Yew, of Public, National University of Singapore Locations: Hong Kong, China, People’s Republic, United States, Beijing, Shanghai, Shenzhen, Guangzhou, China’s, Xi’s

☆ 8 tax-reducing steps to take before 2024 ends, according to $2 trillion wealth manager BNY Mellon
▼ + stars: | 2024-09-29 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

As 2024 draws to a close, now is the time for investors to review their tax strategy. AdvertisementWith October coming into view, it's a good time to sit down and review your tax strategy for 2024. On the other hand, high earners may want to defer investment income to minimize their net investment income tax (NIIT). Retirement considerationsBNY Mellon also said to consider maxing out your retirement accounts, such as a 401(k), traditional IRA, Roth IRA, and other plans. While this means you'll owe income tax on the money you convert, your assets will accumulate tax-free in the Roth IRA going forward, according to the note.

Persons: BNY Mellon, —, Mellon, Roth Organizations: BNY, Service, Mellon Wealth Management, Investors, Roth IRA

☆ These funds aim to multiply the market's dividend yield. How they stack up to competitors
▼ + stars: | 2024-09-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

The funds target distributions equal to six times the dividend payouts on the Nasdaq-100 Index and four times the S & P 500 dividend, respectively. The idea behind the Pacer funds is that the funds will capture more of that upside during market rallies, according to Sean O'Hara, president at Pacer ETF Distributors. The QDPL's website currently shows a distribution yield of 5.79%, or more than four-times the roughly 1.3% dividend yield on the S & P 500, according to YCharts.com. The dividend futures could also see bigger gains if more companies in the index decide to start paying dividends. To be sure, the dividend futures contracts could also decrease in value during times of economic stress.

Persons: Sean O'Hara, O'Hara, QDPL, Dow, Apple Organizations: Nasdaq, —, ETF Distributors, Schwab, Equity, Dow Jones, CME Group, Pacer, SEC, Microsoft

Today, it is just over $3,000,” said Harris, who also serves as chair of the National Association of Home Builders. Vice President Kamala Harris has proposed offering $25,000 in down payment assistance to first-time homebuyers and incentives to homebuilders to construct more housing for first-time homebuyers. Former President Donald Trump has said he would lower housing costs by opening federal land to development, rolling back regulations and reducing overall inflation. But homebuilders say they face a web of challenges that have been nearly two decades in the making and will likely take years to resolve. One major barrier to driving down prices and increasing supply has been a shortage of workers, homebuilders said.

Persons: Carl Harris, ”, Harris, — he’s, Mike Forsum, Freddie Mac, Kamala Harris, Donald Trump, “, Robert Dietz, It’s, Dietz, Sheryl Palmer, homebuilder Taylor Morrison, homebuilders, we’ve, Palmer, Forsum, “ I’m, Homebuilders, Taylor Morrison, They’ve, that’s, ” Harris, “ It’s Organizations: National Association of Home Builders, Landsea, Bureau of Labor Statistics Locations: Wichita , Kansas, Atlanta, Las Vegas, Raleigh , North Carolina, Dallas, ”, Sacramento , California, Texas, Fort Worth , Texas, Phoenix, Buckeye, Orlando , Florida, In Wichita

☆ Three stocks are getting dropped from the S&P 500. This ETF sees them as rebound candidates
▼ + stars: | 2024-09-21 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

"That's what gets them to a market cap big enough to be of interest. The resulting portfolio is effectively a small cap value fund with upside. Illiquid deletions "Deletions tend to be thinly traded, small cap, illiquid. To be sure, the strategy doesn't work for every stock that falls out of a large cap index. That's roughly the picture we have for deletions," Arnott said.

Persons: Rob Arnott, Stocks, they've, Arnott, Russell, NIXT Organizations: Airlines, Rad Laboratories, Research, American Airlines, Architects

☆ Amazon's RTO commandment and the office work shibboleth
▼ + stars: | 2024-09-18 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

In those ancient times, tech companies embraced remote work as an unstoppable innovation revolution. Remote work benefitsRemote work supports a more diverse employee base by helping companies hire more easily in different locations. In December, she described a study that found collaborating in person produced more breakthroughs than remote work. The truth is that in-office work is a shibboleth. But Benioff is at least admitting the reality of how employees work in the modern world.

Persons: —, Marc Benioff, they're, Andy Jassy, Insider's Aki Ito, Jassy, Goldman Sachs, David Solomon, Solomon, James Hamilton, he'd, I've, it's Organizations: Service, Amazon, Business, Google, Jassy's AWS, BI, Employees, Hamptons, Bloomberg, Fortune, Starbucks, Staff Locations: Seattle, Hawaii

☆ Beleaguered Burberry is no longer one of UK’s most valuable public companies
▼ + stars: | 2024-09-05 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +2 min

London CNN —Luxury brand Burberry is dropping out of Britain’s main stock index after suffering a steep fall in value following a plunge in sales and profits. The 168-year-old brand will leave the FTSE 100, which brings together the 100 most valuable companies listed on the London Stock Exchange, as a result of a quarterly review, the exchange said in a statement Wednesday. Spending on luxury goods has been slowing globally but particularly in the world’s no. 2 economy China, hitting not only the likes of Burberry but also higher-end brands. In July, the company replaced its chief executive — who had spent just two years in the role — after another disappointing quarter.

Persons: —, Gerry Murphy, “, Anna Cooban Organizations: London CNN, Burberry, London Stock Exchange Locations: China

☆ Low volatility ETFs have outperformed the market in this summer swoon. Here's what to know
▼ + stars: | 2024-08-13 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

To start, the major funds that are marketed as "low volatility" or "minimum volatility" have been living up to the label. JPMorgan Asset Management has been a leader in this area, with Equity Premium Income ETF (JEPI) and Nasdaq Equity Premium Income ETF (JEPQ) now holding more than $48 billion in combined assets, according to FactSet. Another area is preferred stock funds. The biggest preferred stock ETF, the iShares Preferred & Income Securities ETF (PFF) , has gained 0.5% in the third quarter, though it has dipped 1.4% over the past month. "And those call features of a growing part of the preferred market has also helped in terms of the rate volatility and the impact."

Persons: Robert Hum, It's, it's, Hum, Yang Tang, John Burrello, Gary Kessler, Dodd Frank, Kessler Organizations: Trust, JPMorgan Asset Management, Nasdaq Equity, Nasdaq, Income Securities ETF, Goldman Sachs Asset Management, Preferred, Hybrid Securities, Federal Reserve Locations: BlackRock

☆ What you should do with your 401(k) in a highly volatile market
▼ + stars: | 2024-08-07 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +3 min

But if you’re investing in a 401(k), daily market dramas are no reason to take dramatic actions with your portfolio. There will be days when the market is up and days when it’s down. What’s more, Ornstein said, “Typically, the best days in the market follow the worst days.” Over the past 20 years, he added, if you had stayed fully invested in the market throughout, your average annual returns would be nearly twice what they would have been had you missed the 10 best days. Say you set up a portfolio of 70% stocks and 30% bonds but now it’s morphed into a 60/40 portfolio. And since 1960 there have been far more positive annual returns on the S&P 500 than negative ones, Smith said.

Persons: Doug Ornstein, you’re, ” Quincy Krosby, Andy Smith, it’s, Ornstein, Smith Organizations: New, New York CNN, Investment, LPL, Edelman Locations: New York, What’s

mapodile/E+/Getty ImagesFor individual investors, the quick-turn global rout in stocks on Monday was unsettling, even with news Tuesday that there is somewhat of a bounce-back going on. But if you’re investing in a 401(k), daily market dramas are no reason to take dramatic actions with your portfolio. Andy Smith, executive director of financial planning at Edelman Financial Engines, puts it this way: “Separate your emotion from your money. Say you set up a portfolio of 70% stocks and 30% bonds but now it’s morphed into a 60/40 portfolio. And remind yourself periodically that even bear markets have not stopped the long-term increases in stocks over time.

Persons: you’re, ” Quincy Krosby, Andy Smith, it’s, Smith Organizations: LPL, Edelman

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