It’s not unusual for people to start a new year plotting out all they want to achieve in the coming months, whether that involves a new exercise regimen, a career switch or checking a few more items off their bucket lists. But the beginning of the year also can be a great time to work on your investment portfolio and financial plan.
Inflation will be 2.1% in 2018, about the same as in 2017, but the composition will be different. Energy prices rose 8% this year as rising crude oil prices spurred gasoline and fuel oil prices, and electricity and natural gas prices trended up. Look for less energy-price inflation in 2018, while other categories pick up the slack.
Even if you invest across the globe, chances are you don’t hold many Chinese stocks. China-based firms account for 23% of assets in the average emerging-markets stock mutual fund and just 3.5% of the average global stock fund. But although China may be a fringe player in your portfolio, it’s squarely in the center of the global economy. The World Bank estimates that China will drive 35% of the world’s economic growth from the start of 2017 through 2019—nearly twice as much as the U.S., which comes in second, at 18%.
You’re proud of the nest egg you’ve built in your IRA and 401(k), but are you prepared for the tax bill that will come with it when the time for required minimum distributions arrives? Here are four ways to ease that pain. Read more
China’s stocks have turned around. From the start of 2010 through 2016, SPDR S&P China (symbol GXC), a popular exchange-traded fund, returned an annual average of a little more than 2%. So far in 2017, the fund has returned 42.7%, about three times as much as the U.S. market. (Prices and returns are as of September 29.) Read more
As Congress finally gets serious about tax reform, you need to know where you stand now, so you can understand how changes will affect your pocketbook.
Let us be among the first to put the new year on your radar, because believe it or not, there are some end-of-the year financial tasks that you should think about getting started on right now.
Many investors may be surprised to learn that some of the market’s best dividend stocks for both current yield and payout growth can be found in the technology sector. Read more
Not so long ago, a credit freeze was a tool usually reserved for people who had suffered identity theft. But as data breaches have piled up — culminating with the massive data breach at credit agency Equifax announced in September — the freeze has become more widely recognized as the most effective way to protect your credit, even if a thief hasn’t yet made fraudulent use of your personal information.
Whether you’re starting out, have already retired or are somewhere in between, we show you how to make your money grow and last.