Investors need to keep emotions under control in this volatile market

NicolasMcComber | E + | Getty Images Whether you’re new to investing or have been in the market for years, you may feel a little bit like you are lost at sea looking for a safe harbor. Investors are contending with a confluence of market forces such as inflation, interest rates increasing, and the Russia … Read more

Bel Air mansion flops at auction after being listed at $ 87.8 million

An over-the-top modern mansion in Bel Air was listed for $ 87.8 million for an auction this week. But the highest bid came in just under $ 45.8 million, according to the home’s seller, dermatologist-turned-developer Alex Khadavi. “Horrible, Horrible, Horrible!” was how Khadavi characterized the auction results to CNBC. He filed for Chapter 11 bankruptcy … Read more

Here’s why inflation may be less costly for some retirees

A shopper at a San Francisco grocery store on May 2, 2022. David Paul Morris | Bloomberg | Getty Images Inflation is a growing concern as Americans spend hundreds more every month. But some retirees may avoid the sting of price hikes for gasoline, groceries and other costs. Annual inflation rose by 8.3% in April, … Read more

Here’s why a Roth IRA conversion may pay off in a down market

Morsa Images | E + | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. But there may be a bright spot: the chance to save money on a Roth conversion. The strategy allows higher earners to sidestep the earnings limits for Roth individual retirement account … Read more

Inside the $ 23.5 million house that may break local California record

The ocean views from the most expensive mansion to ever sell in Encinitas, CA. Rancho Photos A $ 23.5 million modern mansion overlooking the Pacific Ocean in Southern California is set to officially hit the market on May 14, and in doing so become the most expensive home ever up for sale in the town … Read more

Stock Market Price Levels Now: NASDAQ-100, S&P 500

Stock chart. getty Support levels are those areas on the price chart where enough buyers showed up previously to reverse the downward pressure of sellers. It’s where you can look at the chart and see that “down” stopped and “up” began. It may look different, of course, depending on which time frame you’re looking at. … Read more

rbi rate hike: US Fed, RBI rate hikes wipe out Rs 12 lakh cr equity wealth; what should retail players do?

NEW DELHI: The week gone by has left equity investors bruised and battered as a series of rate hikes by central banks across the globe have well and truly ushered in a new age of tighter financial conditions after the easy money days of the past two years. With the Reserve Bank of India, the … Read more

Worried about a recession? Here’s how to prepare your portfolio

FG Trade | iStock | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. “We all understand that markets go through cycles and recession is part of the cycle that we may be facing,” said certified financial planner Elliot Herman, partner at PRW Wealth Management in Quincy, … Read more

Wealthy investors want to buy or hold stocks amid declines, survey says

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 3, 2022. Brendan Mcdermid | Reuters Wealthy investors are more likely to add to their stock holdings or shift out of certain sectors rather than sell if stocks continue to decline, according to a new survey. More … Read more

Here’s how much cash retirees need to weather a stock market downturn

Luminola | E + | Getty Images Amid high inflation and rising interest rates, there are fears of a prolonged stock market downturn, and some retirees may be vulnerable without a cushion of cash, financial experts say. However, there’s also the risk of crumbling purchasing power, with annual inflation growing by 8.5% in March, the … Read more