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November 11, 2017 Headlines 7 Comments

The Stock Market Is Anxious And Has Even Dropped Triple Digits Because Of The Tax Plan

The Stock Market Is Anxious And Has Even Dropped Triple Digits Because Of The Tax Plan Could it be possible that the massive stock market bubble that we are currently witnessing is about to burst? Anticipation of what this tax bill would mean for U.S. companies has been the foundation for so much of the […]

February 23, 2016 Headlines No Comments

Consumers ‘winning’ even as oil hurts companies: Jamie Dimon

Consumers ‘winning’ even as oil hurts companies: Jamie Dimon This June 19, 2012 file photo shows JPMorgan Chase CEO Jamie Dimon testifying during a US House Financial Services Committee hearing on Capitol Hill in Washington, DC. (Photo: SAUL LOEB, AFP/Getty Images) NEW YORK — JPMorgan Chase CEO Jamie Dimon gave an … Continue reading at […]

Immediate annuities can be fixed or variable. While a fixed immediate annuity payment depends on the amount you contributed, your age, as well as the interest rate at the time or purchase; a variable immediate annuity depends on the type of investment purchased.

While ranking providers are careful to warn investors that their ratings don't foretell the future, the star system is, unfortunately, used by some investors as if they were reading Consumer Reports to purchase a new drill. Supporters of the ranking approach argue that there's no subjective component to the star rating. It isn't determined by an analyst's review, and can't change simply because the service dislikes the fund's manager or its investment strategy. And that's good.

In some cases, in fact, it's not even the same fund to begin with. Remember, after a management change, the rating stays with the fund, not the portfolio manager. Therefore, a fund's rating might be based almost entirely on the track record of a manager who is no longer with the fund.