A $6 billion loan approved from the International Monetary Fund this week will ease Pakistan’s debt problems, for now. But it won’t stop China from turning the country into the next Sri Lanka. China has been very close to Pakistan in recent years, for a couple of reasons. One of them is that Pakistan is
Retirement
Believe it or not, we now have the best window to buy dividend stocks that we’ve had in decades. Two proven 100%-return indicators just flipped to “green.” The conditions we’re about to see are rocket fuel for companies growing their dividends like weeds. As usual, we’re going to zig while like-minded money managers (you know,
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S. Photographer: Michael Nagle/Bloomberg © 2019 Bloomberg Finance LP With the U.S. Treasury 10-year yield close to 2% and many other government bonds in Europe and Japan yielding negative rates. Does it still make sense to hold bonds in a
An updated spreadsheet of the greatest fund managers is available to download at the link at the end of this article. Getty At the midpoint of the year, it’s time to review the performance of the greatest fund managers. I have received many emails from readers asking how to use the spreadsheet listing the greatest fund
ASSOCIATED PRESS Increasingly, the old family homestead is not being passed down to the family when the parents die. Older parents are taking advantage of reverse mortgages to pay off credit cards and to escape poverty and debt. This reduces equity in the home and often leads to foreclosure, leaving traditional heirs with nothing but