|• ||Mortgage Rates: Trending Down Going into Homebuying Season|
Mortgage rates fell to 3.61 percent on an average 30-year fixed loan, down from 3.66 percent last week. Rates have held below 4 percent all year and have been trending lower since March, giving house hunters a leg up going into peak home-buying season.
|• ||Budget-Friendly Dubai: Getting Around With Local Transport|
Dubai might have a reputation of glitz and glamour, but the emirate boasts an affordable, easy-to-use public transportation system.
|• ||CFPB Aims To Overrule Supreme Court And Federal Law On Arbitration|
The CFPB has released a proposal rule barring arbitrations that prohibit class actions. Here's why the proposed rule will harm consumers.
|• ||Hunting For Stocks In Good Neighborhoods|
Vince Rivers: At the JOHCM US Small Mid Cap Equity Fund (JODMX), we apply the same core ethos as other teams at the firm, by pursuing a highly active, benchmark agnostic approach which seeks to identify alpha opportunities throughout our asset class. Each of our three managers has a significant expertise in three individual sectors. Our approach to working on names is to identify trends that are going on in the individual sectors. These are our big-picture themes. This generally gives you a place to find good neighborhoods to hunt in for stocks.
|• ||How One Woman Overcame A Divorce Late In Life|
A late-in-life divorce, particularly after 50, is one of the toughest transitions to make. As I talk to recent divorcees, I find there is a myriad of emotions. They range from shock to anger to a sense of hopelessness that retirement means Alpo and asking people, “Do you want fries with that?”
|• ||The Value of Sound Financial Decisions: From Alpha to Gamma|
Note: Last summer, I published an article entitled, "The Value of Financial Advice." I have since revised and updated that column and here I present to you part two of the new version. Part one can be found here.
David Blanchett and Paul Kaplan at Morningstar created a similar study about the value of good decision making. Their results and approach are different from those of Vanguard, but the goal is the same: to quantify the costs of poor and good decision making. Naturally, many assumptions must be made regarding good financial decisions and the impact of poor financial decisions.