Archive List for Savings

Investment tips for younger and older investors

Equity markets have been on a hot streak the past week, but uncertainty still looms around a variety of factors, including future economic data, upcoming corporate earnings, and the outlook on interest rate cuts. How should investors be positioning themselves in this environment? Wealth! welcomes Providence Financial & Insurance Services President Anthony Saccaro to discuss investment strategies for different stages of life. Saccaro emphasizes that the economy is “not out of the woods yet” regarding a recession. He notes that while the economy is slowing, the labor market is cooling, inflation is trending downward, and the Federal Reserve is expected to cut rates, the implications for individuals “depends on the […]

GenZ and family consumers are attracted to middle pocket price points, food, and stores: Tanger CEO

Despite living in a digital age, 97% of Gen Z continues to shop in brick-and-mortar stores, according to a survey by the International Council of Shopping Centers. Following Tanger Outlets (SKT) second quarter earnings results, CEO Stephen Yalof joins Wealth! to discuss the state of the consumer. Yalof observes that the middle price point “is really attractive to the consumer,” with brands like Gap (GPS), Old Navy, and Banana Republic performing well. However, higher-priced brands are “not having the same sort of day that these particular brands are.” With inflation remaining high, quality and affordable brands are particularly appealing to consumers. Despite the evolving digital landscape, Yalof notes that individuals […]

What is a market correction? YF explains

The Nasdaq Composite (^IXIC) has entered correction territory as recession fears push stock markets into the red. But what exactly is a market correction and how does an index enter and exit such a phase? Wealth host Brad Smith explains the details, breaking down the concept of market corrections and their implications. #youtube #news #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance […]

Here’s the difference between a mutual fund and an ETF #youtubeshorts

Todd Sohn, ETF strategist at Strategas Asset Management, explains the difference between ETFs and mutual funds on Yahoo Finance’s ‘Stocks in Translation’ podcast. #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

How to handle pressure to retire

As the future of Social Security is on the line in the 2024 presidential election, Yahoo Finance senior columnist Kerry Hannon breaks down the pressure Americans are feeling when it comes to retirement planning, especially as President Biden made the tough decision to withdraw from his reelection bid. Hannon explains that self-awareness is critical when planning for retirement, breaking it up into two lines of thought: the personal piece and the financial piece in this decision. “It’s really being able to look at yourself and be honest and say, ‘What is my motivation for continuing to work? How is my health? What are my goals?'” She notes that this aspect […]