‘My wife and I are both retired’: Do we dip into our $2.3 million fund to pay off our $300,000 mortgage at 2.9%?
“Right now, we’re withdrawing about $100,000 a year from our investments.”
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Everyone’s Chasing AI Data Center Stocks. This 5%-Yielding Dividend Stock Already Owns a Piece of the Boom.
Key Points Realty Income recently formed a $6 billion joint venture to invest in data centers. It sees a $1 trillion investment opportunity in the space. Data center investments should support its continued dividend growth. 10 stocks we like better than Realty Income › AI data centers are the hot investment theme today. From data…
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Berkshire’s profit doubles as equity holdings surge; buys back $4.5 bln shares
Berkshire’s profit doubles as equity holdings surge; buys back $4.5 bln shares
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If the FARE Act Saves Tenants Money, Where Does it Go?
My column Wednesday was about New York laws that make housing cheaper. I did not include the FARE Act. Why not? Affordability was surely the goal of City Council member Chi Ossé’s law, which took effect in June 2025. The measures I wrote about prevent improvements to property, which does make housing cheaper in a…
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Is your agent pushing you for health insurance portability? Read this first; it may be too good to be true
Health insurance portability allows you to switch insurers without losing your benefits. This means you keep your waiting periods already completed. You also keep your no-claim bonus from before. Normally, buying a new policy means starting completely fresh. Waiting periods reset, and past benefits simply disappear. Portability was created to solve this exact problem. Also…
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Wall Street Anxiety Pushes Meta Into The Neocloud Business
Facing investor skepticism over its artificial intelligence spending, Meta is taking a page from CoreWeave’s playbook. Photo credit: Wikimedia Commons/Anthony Quintano Meta founder and CEO Mark Zuckerberg speaks at a conference in 2018. Since the advent of the AI boom, Mark Zuckerberg’s firm has kept pace with hyperscale cloud providers Amazon, Microsoft and Google in…
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Rate uncertainty sparking demand for CLO exposure among ETFs: VettaFi
Collateralized loan obligations may become the next big push in the exchange-traded fund industry. VettaFi’s Todd Rosenbluth suggests there’s investor demand for the alternative assets due to ongoing interest rate uncertainty. “[CLOs have] been popular within the marketplace,” the firm’s head of research told CNBC’s “ETF Edge” this week. CLOs are short-term fixed income strategies…
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EPFO: Employee Pension Scheme benefits, EPS payout calculation, rules, features and key FAQs, explained
The Employees’ Provident Fund Organisation (EPFO) provides pension benefit for all subscribers who have an account with it for more than 10 years. This is because of the 12% employer contribution to your EPF account, 8.33% is directed towards a pension fund administered by retirement body. At time of retirement, members can withdraw their PF…
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Section 530A Trump Accounts Shift Wealth Strategy
As wealth managers begin to evaluate Section 530A Trump Accounts, much of the early discussion has focused on the mechanics: how accounts will be opened, who will custody them, what investments will qualify, how contributions will be administered, and what happens when the account converts at age 18. Those questions matter, but they miss the…
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New York court orders 21st Mortgage to cover borrower’s $100,020 fees
She appealed. In October 2018, the Appellate Division, Second Department, handed her a cleaner result. It canceled and discharged the mortgage, erased the equitable mortgage, and held she could recover her attorneys’ fees under New York’s Real Property Law § 282. The only open question was the amount. Answering it took time. A court-appointed referee – a neutral official…
