Personal finance

CIO says why 60/40 portfolio is on track for ‘worst year ever’

Investment strategies don’t get any more classic than the so-called 60/40 allocation. By keeping 60% of your portfolio in stocks and 40% in bonds, you get the best of both worlds: higher growth potential from your riskier stocks and hedging from your more conservative bonds. However, this year has been difficult for investors holding this …

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Strong dollar makes European travel very attractive right now – with one important caveat

Faced with record high inflation and interest rates, many Americans cannot afford to travel right now. But for the lucky ones who can, this might be the perfect time to book a trip to Europe. The British pound slid to an all-time low against the US dollar on Monday, and the euro, which has fallen …

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6 New Rules for Smarter European Travel | business news

Tourism in Europe rebounded this summer and Europe was not ready for it. Staff shortages related to the pandemic have led to huge queues and flight cancellations at many airports; Meanwhile, hotel and taxi prices rose. Then there were record-breaking temperatures that caused roads, airport runways and railroad tracks to bend and further disruption. Our …

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Should I Invest in Bonds as Interest Rates Rising?

Welcome to Select’s newest advice column, Getting Your Money Right. Financial advisor Kristin O’Keeffe Merrick will answer your pressing questions about money. (You can read the latest installment here. how to diversify an investment portfolio to reduce risk and losses.) Have a question you want to ask? Send us a note at [email protected] dowel | …

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Should your small business take out a loan to cover rising inflation costs? This may help you decide.

Small business owners have spent years battling the effects of the COVID-19 pandemic, and now inflation has thrown a wrench into the recovery process. According to the U.S. Chamber of Commerce’s Q2 2022 Small Business Index, four out of five businesses report that rising prices have had a significant impact on their operations. While companies …

Should your small business take out a loan to cover rising inflation costs? This may help you decide. Read More »