banking

Strabo launches global personal finance platform

Strabo launches global personal finance platform

British fintech Strabo has announced the launch of a global personal finance platform in a bid to expand coverage to more countries and asset classes. Taking inspiration from companies such as Mint, Personal Capital and Yodlee, the platform also emphasizes investing. According to information provided in the announcement, Strabo officials describe the platform as “Notion …

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"He thinks all financial advisers are scams."  Our IRA is down 30% this year, but my husband refuses to see an advisor.  Now I'm considering going behind his back.  What is my move?

I spoke to a financial adviser who was very “interested in talking about himself and his finances”. Should I run for the hills?

How can I be sure to find an advisor who cares about me and my situation? Getty Images Question: I need a financial planner as I am looking to review my current financial situation and goals. The last one I spoke to was more interested in talking about himself and his finances, which wasn’t productive. …

I spoke to a financial adviser who was very “interested in talking about himself and his finances”. Should I run for the hills? Read More »

6 rules of money only the rich know, says Instagram finance star Ms. Dow Jones

6 rules of money only the rich know, says Instagram finance star Ms. Dow Jones

Mrs. Dow Jones aka Haley Sacks Uncredited Hayley Sacks thinks there’s often a funny – and absurd – side to finance. Indeed, a sample of her Instagram account (@mrsdowjones), which has over 320,000 followers, reveals a wide range of posts and memes, including a photo of Kim Kardashian on her private jet which reads: When …

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I am 60 years old and plan to retire in March.  I have $113,000 in my 401(k) and no other savings, but will get an early retirement package of 9 months pay.  Should I hire a pro to help me?

I am 60 years old and plan to retire in March. I have $113,000 in my 401(k) and no other savings, but will get an early retirement package of 9 months pay. Should I hire a pro to help me?

Question: I accept an offer of early retirement from my longtime employer of 24 years. In March 2023, I will retire and receive nine months of salary and benefits. During this time, I will look for another job of 30 or 40 hours per week. I would like to do this in order to invest …

I am 60 years old and plan to retire in March. I have $113,000 in my 401(k) and no other savings, but will get an early retirement package of 9 months pay. Should I hire a pro to help me? Read More »

“I want to meet someone rich.  Is it so bad?  I'm 46, make $210,000, and own a $700,000 house.  I'm tired of dating "losers".

“A friend advised me to find a husband”: I am almost 50 years old and I am about to retire. Would it be a mistake to get married and mess up my finances?

I am a single woman in my late 40s with no children. At 50, my federal agency will allow me to retire with a full pension. I’m planning on doing this because I have a large amount saved in my savings plan, and I’m going to be moving to a southern state, probably Georgia. A …

“A friend advised me to find a husband”: I am almost 50 years old and I am about to retire. Would it be a mistake to get married and mess up my finances? Read More »

“I want to meet someone rich.  Is it so bad?  I'm 46, make $210,000, and own a $700,000 house.  I'm tired of dating "losers".

“I want to meet someone rich. Is it so bad? I’m 46, make $210,000, and own a $700,000 house. I’m tired of dating “losers”.

I’ve reached the point in my life where I want to settle down, but I recently had a disagreement with a friend about my priorities, and I’d appreciate your insight. I’m 46, single, and make $210,000, not including my annual bonus. I have paid off my student loans and I own my house. He is …

“I want to meet someone rich. Is it so bad? I’m 46, make $210,000, and own a $700,000 house. I’m tired of dating “losers”. Read More »

"He thinks all financial advisers are scams."  Our IRA is down 30% this year, but my husband refuses to see an advisor.  Now I'm considering going behind his back.  What is my move?

“He thinks all financial advisers are scams.” Our IRA is down 30% this year, but my husband refuses to see an advisor. Now I’m considering going behind his back. What is my move?

Getty Images Question: I retired in January 2022 just before the market started to crash and saw a 30% loss in value of my IRA portfolio. My husband and I don’t have a formal financial plan because he doesn’t believe in financial advisors. I feel very adrift financially and have tried to educate myself but …

“He thinks all financial advisers are scams.” Our IRA is down 30% this year, but my husband refuses to see an advisor. Now I’m considering going behind his back. What is my move? Read More »

I'm 56 and plan to retire at 62.  I will have both public pensions and social security - but I also have a child starting college that I want to pay for.  Do I need professional help?

I’m 56 and plan to retire at 62. I will have both public pensions and social security – but I also have a child starting college that I want to pay for. Do I need professional help?

Getty Images/iStockphoto Question: I’m 56 and work for a state university, so I will have a state retirement plan. Previously, I worked full time and contributed to social security for 20 years. I still work part-time and contribute to social security. I plan to retire in six years at age 62 and have recently started …

I’m 56 and plan to retire at 62. I will have both public pensions and social security – but I also have a child starting college that I want to pay for. Do I need professional help? Read More »

Investment: Active or Passive?

Investment: Active or Passive?

The merits of active and passive investing have been debated for years. On average, 35% of active equity funds outperformed their passive counterpart in the 12 months ending June this year, according to Morningstar’s Asset/Liability Barometer, which tracks the performance of 30,000 European-domiciled funds managing €7 billion (£6 billion) in assets. Active and passive: the …

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Veteran trader Malik Karim talks about the new banking culture and how UK markets can rebuild their influence

Veteran trader Malik Karim talks about the new banking culture and how UK markets can rebuild their influence

November 17, Financial News sat down with Fenchurch Advisory Partners founder and former Conservative Party Treasurer Malik Karim to discuss his nearly four decades at the top of trading and what he learned about banking from his time with the political elite. Here are the highlights. Our conversation has been edited for clarity and brevity. …

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