In a market where concentration risk is a growing concern for investors, the traditional approach of solely relying on index funds like the S&P 500 may not be the best strategy. Phil McInnis, the chief investment strategist at Avantis Investors, advocates for a more diversified approach that focuses on value-oriented investments. By shifting the focus
When it comes to assessing your retirement readiness, many people turn to comparing their 401(k) balances to those of others to see if they are on the right track. Recent data from Fidelity reveals that the average 401(k) balance for investors on their platform was $125,900 in the first quarter. However, looking at age breakdowns,
Gen Z has been making waves in the world of investing by getting an early start with their financial future. According to the 2024 Schwab Modern Wealth survey, Gen Z adults are beginning to invest and save at an average age of 19. This puts them well ahead of baby boomers, who typically started investing
Adobe, the software giant, saw a remarkable surge in its shares by 15% following the release of their latest earnings report. This surge, the largest since March 2020, was triggered by the company’s solid financial performance that surpassed analysts’ expectations. The company reported adjusted earnings per share of $4.48, exceeding the consensus estimate of $4.39
Coastal real estate is facing unprecedented challenges as sea levels rise and storms intensify due to climate change. From California to New York to Massachusetts, some of the most expensive coastal properties in the nation are in precarious positions. The National Oceanic and Atmospheric Administration (NOAA) has predicted an “above-normal” hurricane season this year, with
Boeing’s Starliner capsule “Calypso” has recently undergone an unexpected extension in its stay at the International Space Station (ISS), doubling the original planned mission duration. Initially intended to be in space for nine days, the crew flight test mission now anticipates returning to Earth on June 22 after at least 17 days in space, as
As we approach the second-quarter estimated tax deadline for 2024 on June 17, it is essential to remember the significance of making timely payments to avoid penalties imposed by the IRS. These payments are typically required for individuals with income sources that do not have withholdings, such as contract jobs, freelancing, gig economy work, or
The real estate market is experiencing a shift as more homeowners are listing their homes for sale, but properties are taking longer to sell due to high prices and interest rates. New listings from home sellers increased by 13% in May compared to a year ago, according to a report by Zillow. However, despite the
The Pentagon recently revealed the first winning bidders in its rocket launch contract sweepstakes, with Jeff Bezos’ Blue Origin making its debut as a recipient. This momentous occasion came as part of the contracts awarded under the $5.6 billion National Security Space Launch (NSSL) program. Alongside Blue Origin, industry giants such as Elon Musk’s SpaceX
In a world where corporate expenses can spiral out of control, CleverCards, a Dublin-based startup, is leading the charge in revolutionizing how companies manage their employee expenses. With the rise of technology, CleverCards has developed a digital platform linked to configurable expense cards that gives companies the power to control and monitor how their employees