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☆ A market hedge for those worried neither Trump nor Harris will do anything about the growing fiscal deficit
▼ + stars: | 2024-10-31 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

By contrast, Vice President Kamala Harris's tax plan is expected to increase tax revenues by $1.7 trillion over 10 years, but at a cost of negative 2% to long-run GDP and 786,000 jobs. The Wharton School of the University of Pennsylvania estimates that, including her spending proposals, the primary deficits would increase by $1.2 trillion, and accounting for adverse economic feedback effects, primary deficits increase to $2 trillion. Higher deficits and higher debts, just with different paths to get there. One candidate proposes cutting taxes to improve economic activity but increase deficits, and the other proposes raising taxes and increasing spending by even more and growing deficits. If the deficit keeps increasing faster than our economy grows, so will the debt, inflation, and interest rates.

Persons: We'll, Donald Trump's, Kamala Harris's, Harris, Kamala Harris, Bernie Sanders, Treasuries Organizations: Tax Foundation, Wharton School, University of Pennsylvania, Medicare, Green New Deal, TLT, Treasury Bond ETF, CNBC, NBC UNIVERSAL Locations: United States, Europe

☆ There's no 'secret sauce' to real estate investing, says Property Brothers' Jonathan Scott—how to tell if you're ready to buy
▼ + stars: | 2024-10-31 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

Property Brothers Jonathan and Drew Scott still believe in the opportunity to grow wealth through real estate investing, but there are important factors to consider in today's market, they told CNBC's Diana Olick at a recent CNBC Your Money event. "I absolutely do believe in homeownership as a good investment," Jonathan said. One of those key factors: Individuals should only invest in property on their own timeline, Jonathan said. "As soon as you're desperate to get into a property, you're going to make a bad decision." Buyer's remorse is common among recent homebuyers: 82% of people who bought homes in 2023 or 2024 have at least one regret, a recent survey from real estate company Clever found.

Persons: Jonathan, Drew Scott, CNBC's Diana Olick, Jonathan said, Clever Organizations: CNBC Locations: homeownership

☆ I shopped at Anthropologie and Target for fall decor. One store had a wider selection, but the other had more discounts.
▼ + stars: | 2024-10-31 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +2 min

I stopped by Target and Anthropologie a week before Halloween to shop their fall decor sections. I was surprised to find that both stores were already heavily pushing their winter holiday decor. Target had a bigger selection of fall home decor, but Anthropologie offered bigger discounts. AdvertisementThe end of Halloween doesn't have to mean the end of fall decor. AdvertisementHere's how the fall home decor at Target and Anthropologie compared in terms of style and value.

Persons: —, Anthropologie Organizations: Target, Service, Rocket Homes, National Retail Federation Locations: New York City, United

☆ I'm an American who's lived in South Korea for 10 years. Here are 9 things I don't miss about the US.
▼ + stars: | 2024-10-31 | by ( Krissi Driver | ) www.businessinsider.com time to read: +9 min

I moved from the US to South Korea in 2013, and there are some things I don't miss about America. Here are nine things I don't miss about living in the US. There's a large US military presence in South Korea, and many Americans have brought their tipping habits with them overseas. For example, in South Korea, I've seen candidates ride around in the bed of a truck blasting their campaign theme song. When I travel outside South Korea, I'm often stunned by the slow internet speeds and spotty public WiFi.

Persons: —, I'm, I've, it's, I'd Organizations: Service, Korea, Korea's Locations: South Korea, Portland , Oregon, Daegu, North Korea, There's, Denver, Portland, Seoul, Busan, Korea

☆ Inside Realtors' Fight for Control of America's for-Sale Home Listings
▼ + stars: | 2024-10-31 | by ( James Rodriguez | ) www.businessinsider.com time to read: +17 min

Agents might be emboldened to share listings among private networks of in-the-know brokers rather than market them to everyone. And if the goal is a transparent market that prioritizes consumers, the clear-cooperation policy is a flawed tool. Redfin estimated that in the second quarter of 2019, about 1.7% of listings, or some 18,000 homes, were likely pocketed. In a hot market, it's easier for brokers to market a home off the databases and still get it sold. What has changed since the rule went into effect is brokerages' eagerness to control access to home listings.

Persons: Smart, —, they'll, Brian Boero, Goliath, Davids, MLSes, doesn't, weren't, Joe Schmo, Saul Klein, Howard Hanna's, Howard Hanna IV, Robert Reffkin, Mauricio Umansky, Redfin, Glenn Kelman, Kelman, haven't, Victor Lund, There's, Buckle Organizations: MLS, National Association of Realtors, NAR, Coldwell, Network, San Diego, Compass, Service, of Justice

☆ 'The Diplomat' season 2 finale completely shakes up Kate's bid for the vice presidency
▼ + stars: | 2024-10-31 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +8 min

A major character death at the end of "The Diplomat" season two throws a wrench into the series. Keri Russell's titular diplomat, Kate Wyler, now faces a more challenging path to the vice presidency. AdvertisementNetflix's "The Diplomat" is a blisteringly fun political drama that leans into the melodrama of international politics — and like in its first season, season two concludes with yet another cliffhanger season finale. As she unravels the conspiracy behind the aircraft attack, she also has to contend with Vice President Grace Penn (an excellent Allison Janney) showing up in London. "The Diplomat" season two is streaming in full on Netflix.

Persons: Keri Russell's, Kate Wyler, —, Debora Cahn, It's, Grace Penn, Allison Janney, Kate, Grace, Keri Russell, Margaret Roylin, Nicolas Trowbridge, Trowbridge —, Trowbridge, Hal, Roylin, Rufus Sewell, she's, William Rayburn, Janney, that's, Russell, Rolling, Grace aren't, Hal ., Joe Biden's, Rayburn, Biden, Kamala Harris, Cahn Organizations: Service, British, Golden Globe, Netflix, United, State Department, United States Locations: United States, United Kingdom, Persian, States, London, Russian, Scotland, Europe, Russia, New York

☆ I'm the CEO of Scholastic. My days are busy, but I always make time for my wife, my health, and Arsenal.
▼ + stars: | 2024-10-31 | by ( Robin Madell | ) www.businessinsider.com time to read: +8 min

AdvertisementThis as-told-to essay is based on a conversation with Peter Warwick, the CEO of Scholastic based in New York City about his daily routine. I became president and CEO of Scholastic in August 2021 after serving as an independent director on its board since 2014. I read The New York Times, Wall Street Journal, and Financial Times for world, political, and business news. Scholastic Inc.Outside Scholastic office visits, I attend important conferences related to publishing and education, such as the Frankfurt Book Fair in October. Scholastic Inc.As we wind down at the end of the day, Helen and I solve The New York Times "Connections" puzzle together before heading to bed.

Persons: Peter Warwick, Warwick, —, It's, I've, I'm, Helen, it's, Underpants, Captain Underpants, Jane Zhang Organizations: Scholastic, Service, Thomson Reuters, Pearson, New York Times, Wall Street Journal, Financial Times, English Premier League, Arsenal, The Guardian, London Times, Daily Telegraph, Village, Scholastic Inc, Scholastic HQ, Warwick Locations: New York City, The, Hudson, Greenwich Village, SoHo, Clifford's, Cumberland, Assam, Warwick, New York, Jefferson City , Missouri, Frankfurt

☆ Tesla's self-driving mode is 'a bit stressful' to use, the cofounder of a robotaxi company backed by Amazon says
▼ + stars: | 2024-10-31 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

AdvertisementThe cofounder of Zoox, an Amazon-backed robotaxi company, said he sometimes feels nervous when using Tesla's so-called Full Self-Driving mode. FSD is a key piece of Tesla technology that will be critical for the company's fully autonomous vehicle and robotaxi visions. Levinson said part of the problem with Tesla's approach to autonomous driving is its reliance on cameras. Related storiesNot everyone is a skeptic of Tesla's autonomous driving vision. AdvertisementLike Waymo, Zoox uses a combination of LiDAR, radar, and cameras for its autonomous driving system.

Persons: Jesse Levinson, —, FSD, Tesla, Elon Musk, Levinson, Musk, Tesla's, it's, Andrej Karpathy, Karpathy, Zoox Organizations: TechCrunch, Service, Traffic, Administration, Waymo, PACE, Tesla, Las Locations: San Francisco, California, Texas, Market

The Premier Luxury Hybrid Mattress is Awara's most expensive mattress whose only difference with the Awara Natural Luxury Hybrid Mattress is two extra inches of plush latex for an extra $430. (For reference, the Awara Natural Luxury Hybrid Mattress is our best budget organic mattress and will be slightly firmer than the Premier). Awara Premier Luxury Hybrid Mattress The organic Awara Premier Natural Luxury Hybrid Mattress excels in comfort for back and stomach sleepers and will regulate the temperature of hot sleepers. So, I was pleasantly surprised to discover that the Awara Premier Luxury Hybrid Mattress has a plush top that's cozy and cloud-like. Overall, I would say that the Awara Premier Luxury Hybrid Mattress does a good — though not great — job of motion isolation.

Persons: I've, Awara, Alex Temblador, it's, I'm, you'll, It's, that's Organizations: Business, GOTS, FSC

☆ I left my Big Tech job to bootstrap my own business. I went from making nearly $300,000 to not paying myself a salary.
▼ + stars: | 2024-10-31 | by ( Pooja Shah | ) www.businessinsider.com time to read: +7 min

In October 2023, Soni Mehra left her Big Tech job to focus on her own home decor business. I was accustomed to working with larger teams in Big Tech, so I've had to get used to balancing multiple tasks. Thankfully, I can rely on savings from my prior Big Tech roles. I no longer make the same salary as I did in Big Tech, but still prioritize spending money on things my partner and I value, like travel. People ask me if I'd ever return to Big Tech.

Persons: Soni Mehra, Mehra, —, Gabrielle Wesley, Uber, I'd, I've, I'm Organizations: Big Tech, Service, Uber, Marble Lotus, Business, San, San Francisco Bay Area, Environmental, University of California, Mars, LinkedIn, Marble, Big, Entrepreneurs Locations: Delhi, India, San Francisco Bay, Berkeley, Mars Wrigley North America, COVID, Big Tech, Bay

But for some Arizona voters, only Trump’s election denialism is resonating. A Fox News poll in late August found 32% of Arizona voters surveyed didn’t believe Biden was legitimately elected president. Taylor Hammond, 30, a real estate agent from Phoenix, doesn’t believe Trump lost in 2020. Speaking at a campaign event in Tucson in 2022, Lake said: “We don’t have any McCain Republicans in here, do we? But for other voters, Lake’s false claims about her election loss resonated.

Persons: Donald Trump, Kari Lake, John Giza, Trump, “, parroting Trump’s, Lake’s, Katie Hobbs, ”, Karen Miller, Miller, ” Miller, “ It’s, Brendan Dolleman, Pinal County Sheriff Mark Lamb, Dolleman, Lamb, Ruben Gallego, Sen, Kyrsten Sinema’s, Kamala Harris, Joe Biden, Bill Clinton, didn’t, Biden, Taylor Hammond, Hammond, Lake, ” Hammond, Tyler Hammond, Stephen Richer, don’t, “ I’m, John McCain, McCain, Cindy McCain, ” Neil Rubin, Rubin, Dana Morrison, Hobbs, ” Morrison, Sally Foree, ” Barrett Marson, wasn’t, “ Donald Trump, ” Marson, “ There’s Organizations: Arizona GOP, Walmart, Trump, Lake, NBC News, Senate, ”, Pinal County Sheriff, Republican, Democratic Rep, Democrat, Arizona, Fox, Republicans, Voting, Fox News, Dominion, Mar, Republican Maricopa, CNN, Arizona Republican, “ McCain Republicans, McCain, McCain Republicans, Democratic Locations: Arizona, Giza, Prescott Valley, Scottsdale, Pinal County, ”, Gallego, Maricopa, Phoenix, Republican Maricopa County, Tucson, America, Peoria, Ahwatukee

☆ My family tried 5 hacks to save time and money at Disney World. Most of them failed, but we learned tips for next time.
▼ + stars: | 2024-10-30 | by ( Chris Thomas | ) www.businessinsider.com time to read: +7 min

My family of five tried money-saving and time-saving hacks during a trip to Disney World. Related storiesSkipping this service seemed like a no-brainer way to save money since we could just take photos on our phones. For our next trip, I enlisted a Disney trip planner who did all of the work of making reservations and got us a lot of the best rates available. This isn't the case for all travel planners, but the Disney trip planner cost us nothing. Using Disney gift cards for souvenirs worked for most of our kidsWe all know Disney isn't cheap.

Persons: would've, —, we'd, David Roark, Chris Thomas, Skip, I'm, Disney —, Jeff Gritchen Organizations: Disney, PhotoPass, Service, Media, Getty, Target, Walmart Locations: Orlando, Orange

☆ I loved Trader Joe's for years — but the older I get, the more I can't stand shopping there
▼ + stars: | 2024-10-30 | by ( Sarra Sedghi | ) www.businessinsider.com time to read: +5 min

When I learned how to really cook, Trader Joe's frozen meals became less useful. I made frequent trips as a college student and after I graduated, but eventually, shopping at Trader Joe's became impractical for me. As someone with ADHD, I'll also admit there were plenty of times I forgot about Trader Joe's frozen meals until they were freezer-burned anyway. The crowding at Trader Joe's is oftentimes too much for meI've shopped at Trader Joe's in many larger cities, including Atlanta and Birmingham, Alabama, and found a similar experience in each — crowded aisles and long lines. Trader Joe's doesn't have sales, and there are no rewards programsLoyalists shop at Trader Joe's because they love the store's products, and I get that.

Persons: Joe's, —, Burger King, I've, It's, Sedghi, isn't Organizations: Service, Aldi, Kroger, Publix Locations: Athens , Georgia, Atlanta, Birmingham , Alabama

☆ Polymarket's pro-Trump election predictions aren't so surprising when you look at the rest of the site
▼ + stars: | 2024-10-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

The betting site Polymarket has emerged as a hot topic in the 2024 presidential race. Wagers in its pop culture section show the bro-y vibe of the site: Zyn, Andrew Tate, and Hawk Tuah. Let's look at some of the wagers:Will Trump say "skibidi" before the election? Will Donald Trump say "mog" in 2024? AdvertisementFor the record, I think the odds that Trump will say "skibidi" before the election are way too low.

Persons: Trump, Andrew Tate, Hawk, —, Will Trump, Will Kamala Harris, Joe Rogan's, Will Donald Trump, Roaring Kitty, Logan Paul, Max Read, Joe Rogan, Gen Z'ers, MAGA, Theo Von, Adin Ross, Taylor Swift, Travis Kelce, Shayne Coplan, There's, Polymarket, haven't, I'm, who's, John Herrman, McDonald's Organizations: Service, Trump, New, New York Magazine, Harris, Dodgers, Yankees Locations: MrBeast

☆ Savings, CD and Checking Account Interest Rates Today: Earn up to 5.15% APY
▼ + stars: | 2024-10-30 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

Featured High Interest Checking Account Offers Compare checking accounts that offer high APYs, rewards on debit card purchases, or both. UFB Direct Freedom Checking with Portfolio Savings: Earn 2.00% APY on your checking account. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: APYs, —, Cash, we've Organizations: Federal Reserve, Cash Locations: —

☆ Millennials Are Staring Down 40 and It's Making Them Terrified
▼ + stars: | 2024-10-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

The modern 40 means having toddlers running around, buying your first home, and, at last, catching up on retirement savings. "By the time you're 40, 45, you can't sing, and you can't play guitar; maybe it's time to give up on your aspirations of being a rock star." At work, you realize you're protected from age discrimination, which you feel like you're still much too young for. When we're young, we're happy — and then that declines, bottoming out in middle age, about 40 to 50. The question isn't just whether my 40 will look like my parents' 40 — it's also whether it will look like the 40 of everyone from my high school.

Persons: you've, touchpoints, Carol Graham, they're, Hannes Schwandt, Millennials, they'd, that's, Jean Twenge, Gen X, Silents, Graham, Justin Balik, it's, Oz, Kelly, She's, —, It's, They're, We're, Instagram, Gen Zers, Lindsey Anderson, Anderson, midlife, Gen, Emily Stewart Organizations: AARP, Brookings Institution, grays, Northwestern University, Facebook, University of Maryland, Business Locations: midlife, Schwandt, New Jersey, Massachusetts, I'm

☆ Starbucks CEO's plan to fix the chain includes coffee in 4 minutes and comfy chairs
▼ + stars: | 2024-10-30 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Starbucks CEO Brian Niccol just laid out his plan to turn around the struggling coffee chain. AdvertisementStarbucks CEO Brian Niccol gave investors the first look at his plan to turn around the struggling chain, and it involves faster coffee orders and better decor. For starters, Niccol said in-store orders will need to be fulfilled much faster than they currently are in many cases. "Before discussing China in detail, I need to spend time there to better understand our operations and the market," he said. Niccol said his optimism is rooted in Starbucks employees, who he said are passionate about coffee, the company, and its customers.

Persons: Brian Niccol, —, Niccol, Diana Frost, Kraft Heinz, I'm, aren't Organizations: Service, Business Locations: China, North Carolina

Define your real estate goalsWhat are you looking to gain from real estate investing, and what risks are you willing to take? REITs (real estate investment trusts)One of the best ways to start investing in real estate as a beginner is with a real estate investment trust (REIT). Real estate limited partnershipsA real estate limited partnership (RELP) provides investors with a diversified portfolio of real estate investment opportunities. Other notable real estate books worth checking out include:"The Warren Buffet Way" By Robert G. Hagstrom"The Real Estate Investor's Guide to Flipping Houses" By J. Scott"The Intelligent Investor" By Benjamin GrahamLocal real estate investment clubsConnecting with local real estate investment enthusiasts can be a great way to engage with the real estate community and expand your knowledge. FAQs about real estate investing for beginnersHow much money do I need to start investing in real estate?

Persons: Dana Bull, Chad Carson, CoachCarson.com, Equity REITs, Richard Ratner, Ratner, Bull, —, Brandon Turner, Insider's, Robert G, Scott, Benjamin Graham Organizations: Dana Bull Real Estate Consulting, Equity, Publicly, Bel Air Investment Advisors, Property, Resources, Beginners, Benjamin Graham Local Locations: Chevron, REITs

☆ Read the letter sent to AWS CEO Matt Garman, signed by 500 employees, protesting his RTO comments
▼ + stars: | 2024-10-30 | by ( Jyoti Mann | Ashley Stewart | ) www.businessinsider.com time to read: +13 min

AWS CEO Matt Garman has been sent a letter from employees protesting his pro-RTO comments. Over 500 employees have signed a letter, sent on Wednesday, urging Garman to reconsider the plans. AdvertisementAmazon Web Services CEO Matt Garman is facing backlash from some employees over his comments about its return-to-office policy, according to an open letter obtained by Business Insider. The policy is stricter than at Amazon's peer companies and, by some accounts, stricter than Amazon's office work policy before the pandemic. The letter has been signed by 523 staff from Amazon and AWS, with 172 of those including their names.

Persons: Matt Garman, Garman, —, Matt doesn't, Elizabeth Rutledge, Garman's, Andy Jassy, Margaret Callahan, we're, Amazon's, Jyoti Mann, Ashley Stewart Organizations: Service, Web, Business, AWS, BI, American Express, Amazon Locations: jyotimann

AdvertisementFor more than a decade, Big Tech companies doled out lavish perks to hire and retain a limited supply of technical talent — and some workers pushed the limits of these benefits. AdvertisementBusiness Insider interviewed tech workers and industry experts about Grubgate and the evolving relationship between Big Tech companies and staff. They also described how layoffs, efficiency drives, and tougher policy enforcement have shifted the culture at once easygoing tech companies. According to job marketplace Trueup, at least 650,000 tech workers have been cut since the start of 2023. Alongside industrywide layoffs that began in 2022, many tech companies also trimmed back the benefits on offer.

Persons: —, Meta, grifting, that's, Allison Shrivastava, it's, Googler, Mark Zuckerberg, Zuck, Patrick Mork, Wall, Mork, Dilip Rao, he's, Bruce Daisley, Daisley Organizations: Big Tech, Service, Google, Meta, US Meta, Snap, Nintendo, Twitter, YouTube Locations: Silicon Valley, Mountain View, Tupperware, US, Meta

☆ Amazon employees speak out about Jeff Bezos's WaPo decision, with some supporting his call, leaked messages show
▼ + stars: | 2024-10-30 | by ( Eugene Kim | Ashley Stewart | ) www.businessinsider.com time to read: +6 min

In leaked messages, Amazon employees are divided, with some supporting his call. Related storiesSome Amazon employees agreed, according to the Slack messages obtained by BI. Other Amazon employees said it was "silly" and "sad" to see so many Washington Post readers cancel their subscriptions over the endorsement issue. 'Suspicious and worrisome'Still, some of Amazon employees who weighed in on the company's internal Slack were suspicious of Bezos's true motivation. Other Amazon employees were more blunt, saying they were going to cancel their own Washington Post subscriptions.

Persons: Jeff Bezos, —, Jeff Bezos's, Bezos, Slack, Donald Trump, I'd, Trump, Dave Limp, Matt Garman, he's, It's, it's Organizations: Washington Post, Amazon, Service, Business, BI, Democratic, Spokespeople, Washington, Blue, Trump Locations: Amazon, Washington

☆ Designer bags are expensive. So some people are buying luxe hand soap instead.
▼ + stars: | 2024-10-30 | by ( Amanda Krause | ) www.businessinsider.com time to read: +6 min

Designer hand soaps from brands like Aesop and Diptyque have become gateways into luxury shopping. AdvertisementIt's been said that once you wash your hands with Aesop's Resurrection hand soap, you'll never turn back. Consumers began buying designer soap for their homes more widely in the late 2010s, and in 2018, the global market for bath soap was valued at $19.5 billion. A 2024 report by Expert Market Research said the global soap market could reach over $36 billion in revenue by 2032, and luxury soap products are partially to thank. AdvertisementSo yes, buying luxury soap might seem to some like you're washing money down the drain.

Persons: —, It's, you'll, You'll, cleanser, Maison Francis Kurkdjian's, it's, Emma, Dior doesn't, Mal Langsdon, Reuters Emma, Malin, Goetz, Ron Robinson, he's, Loewe's, Sommyyah Awan, Dave Benett, Jo Malone London's, I'm Organizations: Service, Dior, Reuters, Consumers, Market Research Locations: auburn, Baccarat, Montreal, Toronto, London

☆ China's warplanes have all but erased the dividing line in the Taiwan Strait, creating a dangerous new normal
▼ + stars: | 2024-10-30 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

AdvertisementChina's warplanes are pressuring Taiwan and have all but eliminated an important dividing line, with near-daily incursions creating a dangerous new normal. Since 2020, Taiwan has released regular, almost daily updates on incursions in its air defense identification zone by Chinese military aircraft. In 2021, the Chinese military flew 972 aircraft into Taiwan's ADIZ, and that number nearly doubled in 2022. "We've become desensitized to high numbers of the military aircraft flying across the median line of the Taiwan Strait," Shattuck told Business Insider. AdvertisementChinese incursions are tiring out Taiwan's forcesThe near-daily ADIZ incursions aren't just changing the status quo in the area; they're also exhausting Taiwan's military.

Persons: —, Thomas J, Shattuck, Benjamin Lewis, They're, Nancy Pelosi, We've, hasn't, Lai Ching, of National Defense Yen Teh, Lewis, Lai, Taiwan's, Amanda Hsiao, GAO Organizations: Service, Foreign, Research, deconfliction, Taiwan, Getty, CAP, People's Liberation Air Force, Taiwan's Military News Agency, Anadolu, Getty Images, People's Liberation Army, of National Defense, Democratic Progressive Party Locations: Taiwan, China, AFP, Taiwan Strait, Taiwan's, Getty Images China, Taipei, Washington, Beijing, Taiwan's ADIZ, United States

☆ Never mind the 60/40 portfolio. There may be a case for a 50/30/20 allocation
▼ + stars: | 2024-10-30 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The case for a 50/30/20 portfolio is growing as investors seek to diversify into alternatives as a hedge against a stock and bond market that are each flashing cautionary signals. "And so, let me allocate a little bit, because instead of a 60/40, perhaps it's a [50/30/20]," she said, clarifying 50% to stocks, 30% to bonds, and the remaining 20% to alternatives. The case for alternatives The case for alternatives is two-fold. Still, investors say that the the asset class can help hedge against real risks ahead of stocks and bonds. One ETF investing in private equity asset managers is the Invesco Global Listed Private Equity ETF (PSP) .

Persons: Ayako Yoshioka, you've, Goldman Sachs, David Kostin, Corporates, Yoshioka, Paul Tudor Jones, Mark Malek, it's, —, Jesse Pound Organizations: Investors, Bank of America, Treasury, U.S, State Street, Apollo Global Management, Blackstone, Ares Management, KKR, Co, Carlyle Group, Equity ETF Locations: U.S, Siebert

See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are around 6.50%, according to Zillow data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. Now that the Fed has cut rates, mortgage rates may not drop much in October.

Persons: you'll, Freddie Mac, it's, they've Organizations: Treasury, Federal Reserve, Trump, Zillow, Fed Locations: Chevron

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