A Guide to Wealth Transfer Planning

A Guide to Wealth Transfer Planning

Image shows a parent and child putting money in a piggy bank together. Children may be beneficiaries in a generational wealth transfer. Whether you’ve been aware for some time that you’ll eventually need to pass on a substantial amount of wealth to loved one, or you’ve more unexpectedly come into a large sum of money … Read more

Ukraine war, inflation and need for higher interest rates creating ‘unprecedented’ situation, says Jamie Dimon

Ukraine war, inflation and need for higher interest rates creating 'unprecedented' situation, says Jamie Dimon

JPMorgan Chase & Co. CEO Jamie Dimon said the Western world faces “challenges at every turn” but the U.S. economy remains strong, according to his annual letter to shareholders. JPMorgan’s JPM, +0.44% Dimon cited a myriad of difficulties, including unprecedented government actions, a strong recovery after a sharp and deep global recession, a highly polarized … Read more

CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed, such as meme stocks. Our call of the day, from the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

Cathie Wood Urges Caution About Fed Raising Rates

Cathie Wood Urges Caution About Fed Raising Rates

The asset manager Cathie Wood, chief executive of Ark Wealth Management, has expressed opposition to much more in the way of interest-rate increases from the Federal Reserve. Her thoughts came in a web presentation and tweet over the weekend. In the Saturday tweet, she wrote, “Yesterday, the yield curve – as measured by the difference between … Read more

Closing arguments heard in ex-Goldman banker Roger Ng trial

Closing arguments heard in ex-Goldman banker Roger Ng trial

A former Goldman Sachs banker should be convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund and causing “immeasurable” harm, a US prosecutor told jurors in her closing argument on Monday. But a lawyer for the defendant Roger Ng, Goldman’s former top investment banker for Malaysia, countered that Ng had been falsely … Read more

How to Form an LLC for Real Estate Investing

How to Form an LLC for Real Estate Investing

A limited liability company, or LLC, is one of the most common corporate forms in American business. It is relatively easy to establish and allows individuals or small groups to do business under a corporate name. Investment LLCs, in which you form a company that does nothing but hold and move assets, are particularly popular. An … Read more