Retirement Investment Digest

A local investment firm has comforting news for investors following Tuesday’s big loss on Wall Street.Comment

A local investment firm has comforting news for investors following Tuesday’s big loss on Wall Street.
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Personal finance adviser Kelly Spors reveals a strategy that will let you invest your 401(k) in your business which doesn’t involve cashing out.

Channel: Money Tags: 401k IRA

The question: “With North Korea testing nuclear weapons and all the other troubling things in the world, I’m thinking of switching around my current 401(k) contributions - move the money that currently goes to international funds into domestic bonds instead. Do you think this is a good idea?”

The answer: “Mais Non! Nein! Nee! Nyet

Channel: Money Tags: 401k investing

What a difference 24 hours can make. From the opening bell to the closing bell, stocks were up on Wall Street today.Comment

What a difference 24 hours can make. From the opening bell to the closing bell, stocks were up on Wall Street today.
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Yesterday the US stock market plunged by about 3%, jittered by the panic the night before in China, where the Shanghai Index plunged nearly 10%. Like a thief in the night, fortunes for some people evaporated …Comment

Yesterday the US stock market plunged by about 3%, jittered by the panic the night before in China, where the Shanghai Index plunged nearly 10%. Like a thief in the night, fortunes for some people evaporated …
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Following news that the 4th quarter economic growth estimates were revised from 3.5% to 2.2%, the stock market dropped about 3% on Tuesday. This is the biggest single day drop…

Two women were admitted into a probationary program for first-time offenders on Tuesday to resolve charges of trying to bilk Avis Rent-A-Car in Parsippany out of $337,831 last year.Comment