That the democrats could take not one, but both houses of congress. And im starting to think thats a major reason why stocks arent acting as well as wed expect given that so far earnings season has been pretty darn strong. Even as the dow rallied 41 points today. It is far more muted than one would expect with big rallied intraday usually giving up to selloffs in the late afternoon. Sell, sell, sell. Now, maybe the debate tonight will change things but for the first time in ages, i think its important to frame the stock market in the context of a potential democratic landslide come election day. What would it mean for the democrats to win the house, to win the senate . What would it do to the stock market . White house, senate, house of representatives. Well, first, it would most certainly elevate the more radical wing of the Democratic Party that views big business as the enemy. Think Bernie Sanders. Think elizabeth warren. So where would they do the most damage . The government inter
As a retiree, mandatory plan withdrawals can be a source of stress - and complicated changes over the last few years have led to increased confusion among savers.
A personal finance expert has projected that he lost nearly $400,000 in retirement income by investing in a Roth plan - and he wants to warn others against making the same mistake.
The strategy is called dollar-cost averaging , and it could help calm market jitters and ensure investors are more disciplined - while also making gains.
Resisting the temptation to buy your cold brew or latte could mean you have a staggering $315,828 more to fall back on in your later years, according to investment advisor Patrick Donnelly.