News Portal

How To Invest In Volatile Markets With A Financial Advisor

Reviewed By Reviewed By Published: Jan 12, 2024, 9:20am Investing in the stock market is one of the best ways to build long-term wealth, and it’s an essential component in saving for retirement. But investing can be stressful. Everyone wants to make the right decisions to secure their financial future. In the best market conditions, this can be daunting, but in volatile markets, the stakes become even higher. While sound financial advice is always valuable, it is never more so than during periods of volatility. Working with a financial advisor during periods of volatility can help you avoid costly mistakes. Access to thousands of…

Why This Oilfield Services Company Is Well Positioned for 2024

If you read my year end review and outlook for oil that was published a few weeks ago, before I went on my somewhat extended holiday break, you will know that I started this year bullish for oil, but with a few provisos. Mainly, they are to do with economic conditions in the US and to a lesser extent China. Higher for longer interest rates should inflation remain elevated (as Thursday’s US CPI suggested it might) could affect the demand side of the pricing equation, but as long as crude stays above $65 simple economic theory dictates that, at some point supply will increase too. That could be absorbed if demand stays strong, but…

‘Locals still won’t come to this area’: Some businesses still losing revenue…

Gino Ferraro’s restaurant will soon be open for lunch — a meal that Ferraro’s Ristorante has not regularly served before. The upscale Italian restaurant on Paradise Road is trying to bring in more revenue after months of dwindling sales — a consequence that Ferraro attributes directly to months of road construction for the Formula One Grand Prix. “We pay a ton of money in rent to be in the tourist corridor and they deprive us (of) doing business from the Strip,” Ferraro said. About a dozen businesses near the resort corridor and along the Grand Prix circuit are pressuring county and race leaders to address the continued negative…

Oregon parents, advocates press lawmakers for more child care funding

A letter from Oregon’s Department of Early Learning and Care upended Natalie Kiyah’s life last spring. Kiyah, at the time a pregnant mother of three young children, had received a stipend through the Employment Related Day Care program to help pay for child care. But her 2022 tax returns showed that her income exceeded the annual limit by about $2,000, and she lost the state aid. Unable to come up with an extra $1,500 to $2,000 a month to keep her toddler in full-time care, and unable to work the same hours at her photography and marketing business without child care, Kiyah and her children moved into a shelter for about a month…

Nearly 9 in 10 US homeowners have mortgage rate below 6 percent: Report

Nearly 9 in 10 U.S. homeowners have a mortgage rate below 6 percent, from the real estate company Redfin. Some 88.5 percent have a mortgage rate below 6 percent, down from a high of 92.8 percent of homeowners in in the second quarter of 2022, the report found. More than three-quarters of homeowners — 78.7 percent — have a mortgage rate below 5 percent, while nearly 6 in 10 — 59.4 percent — have a mortgage below 4 percent. Just 22.6 percent have a mortgage rate below 3 percent, according to Redfin. As the average mortgage rate currently sits at 6.66 percent, Redfin noted that many homeowners are opting to stay put in order to avoid…