loss

Asian stocks pause as Fed warns of exuberance

Global stocks eye 1% weekly loss, US yield curve points to recession

European stocks up 0.45%, US S&P futures flat Most inverted U.S. yield curve since 1981 Brent at 4-week low LONDON/SYDNEY, Nov 18 (Reuters) – Global stocks were heading for a 1% loss for the week on Friday, drifting off recent two-month highs after U.S. Federal Reserve officials fired fresh warning shots at interest rates, while …

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Alibaba posts surprise loss as China's Covid restrictions take their toll

Alibaba posts surprise loss as China’s Covid restrictions take their toll

(Bloomberg) – Alibaba Group Holding Ltd. reported a surprise loss after quarterly revenue barely rose as China’s rigid Covid controls continue to depress consumer sentiment. Bloomberg’s Most Read China’s e-commerce leader reported a net loss of 20.6 billion yuan ($2.9 billion) against forecasts of a profit of almost the same amount, after writing down the …

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Women, Divorce, and Retirement: He Spent All My Retirement Savings on Other Women

Women, Divorce and Retirement: Homeless but Hopeful after Financial Loss

By Mary Helen Gillespie “Rose,” 60, from Indiana shares a bleak view of her retirement situation but encouraging words for others. Has your divorce had a financial impact on your retirement plans? Yes. Did you hire a financial advisor, CPA or other financial professional to help you plan for your retirement needs during the divorce …

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"I lost more than 21% in 2022."  I am 72 years old, retired and have worked with my financial advisor for six years.  I know the markets are down, but this massive loss is concerning.  Shouldn't my advisor have had a plan to manage risk at my age?

“I lost more than 21% in 2022.” I am 72 years old, retired and have worked with my financial advisor for six years. I know the markets are down, but this massive loss is concerning. Shouldn’t my advisor have had a plan to manage risk at my age?

How to find the right financial advisor. Getty Images/iStockphoto Question: I have been with a financial advisor for 5-6 years. My average annual return is only 4.7%. I’m down 21% in 2022 through October 21. I’m 72 and retired for 5 years, but I haven’t had to dip into retirement accounts. My complaint is that …

“I lost more than 21% in 2022.” I am 72 years old, retired and have worked with my financial advisor for six years. I know the markets are down, but this massive loss is concerning. Shouldn’t my advisor have had a plan to manage risk at my age? Read More »