Mindblown: a blog about philosophy.
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Why are mutual funds stopping international SIPs? Here's how SEBI's overseas investment cap works
Indian investors looking to start a fresh systematic investment plan (SIP) in an international mutual fund are finding their options rapidly shrinking. Several fund houses, including Edelweiss Mutual Fund, PGIM India Mutual Fund and Franklin Templeton Mutual Fund, have recently suspended fresh SIP registrations and lump sum investments in select international schemes, citing regulatory limits…
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Warren Buffett Is Disposing of His Berkshire Shares. Here's How.
Warren Buffett has a new plan to dispose of all his Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) shares. The legendary investor and former CEO of Berkshire owns about 188,000 Class A shares of the conglomerate he built over five decades, as well as more than 1,100 Class B shares. Those shares mean Buffett’s net worth is…
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The Social Security Shortfall: What Retirees Stand to Lose in Every State
When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Getty Images Imagine opening your mailbox less than seven years from now to find your monthly Social Security check chopped by nearly a quarter. That’s exactly what will happen in 2032 if lawmakers fail to shore up…
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This CEF Holds The Biggest Bargains In Tech, Pays 7.4%
Businessman trading online stock market on teblet screen, digital investment concept getty One of our favorite tech-focused closed-end funds (CEFs) is showing a pattern we love to see. What I’m going to show you below is one of my favorite setups for future gains for us, while we collect strong dividends, too. The fund in…
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10 years, 7 MF categories: Which mutual fund category created the most SIP wealth for investors?
Small-cap and mid-cap mutual funds emerged as the biggest wealth creators for systematic investment plan (SIP) investors over the past decade, outperforming diversified and large-cap categories by a wide margin. An analysis of the top five equity mutual funds across seven major categories shows that investors willing to take on higher risk were rewarded with…
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Softer June Inflation Complicates Fed Outlook as Middle East Tensions Add New Risks
Inflation arrow going up ©Adobe Stock Images June’s cooler U.S. inflation data has eased immediate pressure on the Federal Reserve to raise interest rates, but renewed geopolitical tensions in the Middle East are clouding the outlook for inflation and monetary policy. While recent consumer price data pointed to moderating price pressures, Federal Reserve officials continue…
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How are Social Security retirement benefits calculated and how many years of work are they based on?
Across the United States, more than 70 million Americans receive Social Security payments each month, with the Social Security Administration (SSA) sending out around $1.6 trillion in benefits last year. Although the SSA’s benefits programs also cover groups such as disabled workers and the survivors of deceased workers, the agency’s primary beneficiaries are retirees. As…
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9 Social Security Mistakes That Could Be Costing You Money
Social Security income is critical to most American retirees, with tens of millions relying on it. Therefore, it’s important to understand the program well, to avoid costly blunders. Here’s a quick look at a handful of common Social Security mistakes to avoid. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double…
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The Social Security Move That Better Ensures His Wife Never Has to Worry About the House
A husband sits down to do the math. He wants his wife to stay in the house they built together, never staring at a bill and wondering how to cover it. That instinct, protecting the roof over her head, is the seed of one of the best retirement plans a couple can make. Here is…
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These Are the 10 Best States To Retire in if Social Security Gets Cut
Where you choose to retire has an undeniably massive impact on how long your savings last. Depending on whether Congress decides to act or not, that impact could increase exponentially: Without congressional action, the Social Security Trust Fund is likely to run out in 2032, which would spell an automatic 22% benefits cut for retirees,…
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