Many people dream of retiring early, and for you, that could mean leaving the workforce during your 50s. And there are plenty of good reasons to go this route. By retiring young, you’ll get a chance to travel or enjoy your newfound free time at a point when you’re likely to have a decent amount of […]
48% of millennials have no idea how much money they have in savings—here’s the amount they should have
Too many millennials (ages 23 to 38) are in the dark when it comes to their savings. Nearly half (48%) don’t know how much they have in their personal savings, according to data from Northwestern Mutual’s 2019 Planning & Progress Study, which polled more than 2,000 U.S. adults. It’s important to be aware of how much […]
58% of Older Adults Say They’re “Terrified” of This Retirement Expense
When planning for your golden years, many people prefer to think about the “good” costs they’ll face. Considering vacations, home renovations, or new hobbies, it can be fun to plan for the leisurely side of retirement. But there are plenty of dangerous costs associated with your post-working years, too. In general, workers are most worried […]
Don’t let Fed interest-rate cut derail your savings
The Federal Reserve’s recent interest-rate cut might help frequent credit card users, but it offers nothing for people trying to build a cushion of savings. The central bank announced on Wednesday it was reducing its benchmark interest rate by one quarter of a percentage point, its second rate cut this year, and that could pinch your wallet, […]
The stock market rotation that rocked investors this month may have been driven by a technicality
What exactly happened during the “once in a decade” stock market rotation earlier this month that rocked investors? It might’ve just been a one-off technical move and not based on fundamentals. A huge rotation out of momentum into value names took place suddenly last week. Many read the phenomenon as a warning sign as stocks […]
3 Top Dividend Stocks That Set New Highs on Friday and Have Room to Run
On Friday, the S&P 500 and Nasdaq indexes declined 0.5% and 0.8%, respectively, as investors were rattled by news on the trade front. Chinese trade negotiators reportedly cut their visit to the United States short by cancelling planned goodwill meetings with farmers in Montana and Nebraska. While there were naturally some winners on Wall Street, […]
Stocks will soar 17% through next year, market bull Ed Yardeni predicts
With the S&P 500 about one percent from its all-time highs, Wall Street bull Edward Yardeni is predicts a record breakout is coming. The Yardeni Research president believes between now and the end of next year, the index will soar 17% from current levels. “I’ve got 3,500 as my target for next year,” he told […]
2 Stocks That Could Double Your Money
We are quite a ways into a bull market, which has left many great companies trading at premium valuations. But there are bargains out there if you know where to look. Mohawk Industries (NYSE:MHK) and American Eagle Outfitters (NYSE:AEO) are trading well below their historical average price-to-earnings (P/E) ratios, which means both stocks could be […]
Facebook’s latest AI experiment helps you pick what to wear
Just when you think researchers have found the wackiest possible use for a neural net yet, another team finds an even more novel use for artificial intelligence. Take Facebook’s new Fashion++ AI. It’s a program that will help you become a fashionista. Facebook trained Fashion++ by showing the AI thousands of images of outfits that […]
An AI learned to play hide-and-seek. The strategies it came up with on its own were astounding.
This week, leading AI lab OpenAI released their latest project: an AI that can play hide-and-seek. It’s the latest example of how, with current machine learning techniques, a very simple setup can produce shockingly sophisticated results. The AI agents play a very simple version of the game, where the “seekers” get points whenever the “hiders” are […]
