Finance

Foolish for investors to ignore both market positives and negatives, all-star investor Rich Bernstein says

While lawmakers go back to work on a second coronavirus relief package,?Institutional Investor Hall of Famer Richard Bernstein is building strategies to cope with a more contentious market environment. Bernstein, who has spent decades on Wall Street, expects the recovery to be jagged. ‘Your portfolio has to be a little positioned in terms of matter …

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Pandemic’s economic hit will be here ‘for a long time’ even if a vaccine is approved, economist says

While markets reacted positively this week to promising news of potential coronavirus vaccines in development, a top economist warned that the economic hit from the pandemic will be here for a long time. A large number of small businesses that closed in March?? when restrictions around social movements went into effect?? are not going to …

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Early retirees Steve Adcock and his wife Courtney

Millionaire who saved 70% of his income and retired at 35: ‘We should all live by these 6 basic principles’

In 2016, after accumulating close to $1 million in savings, I quit my six-figure job in software development and retired at 35. A few months later, my wife Courtney joined me in early retirement. Not everyone will be able to retire in their 30s, but achieving financial independence is within grasp for many. It may …

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Global Stocks Tumble Yet Further Amid Coronavirus Fears

The DOW slumped further into bear market territory while European markets faced a record-breaking daily loss. Early trading on Thursday morning saw global share prices go into free-fall as the continued spread of coronavirus threatens to greatly impact international trade. The crash also followed a Wednesday-night speech by President Donald Trump announcing that ?all travel …

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Warren Buffett: Don’t Panic About Coronavirus

Buffett: Don’t panic about virus. The recent coronavirus-related volatility in the?stock market?was enough to rattle even the most confident market bull. However, beloved investing guru and Berkshire Hathaway (ticker:?BRK.A,?BRK.B) CEO Warren Buffett is always around to deliver his textbook calm, pragmatic advice and reassurance about the long-term outlook for the stock market. In his recent …

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Nearly 20% of S&P 500 companies have already warned investors about virus impact

Nearly one in five S&P 500 companies have said China?s virulent coronavirus will impact their revenues or profits, underscoring the far-reaching toll the disease is expected to take on businesses around the world. A CNBC analysis of more than 180 earnings transcripts and other corporate releases since the beginning of 2020 showed a high level …

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