Even though $5 million is a significant sum, having a nest egg that size for retirement still requires that it be handled in a prudent manner. Here are several ways to make sure that such an amount covers your wants as well as needs after you’ve stopped the 9-to-5 routine. …
Read More »Snapchat Is Adding More Users, Topping 750 Million a Month
(Bloomberg) — Snapchat’s social-media app is adding users at a faster clip, reaching more than 750 million per month, Snap Inc. Chief Executive Officer Evan Spiegel said. Most Read from Bloomberg That’s 25% more than the 600 million monthly users the app, known for its disappearing photo messages, was attracting …
Read More »A tech founder who didn’t pay employees for months but bought a $16 million private jet has been arrested
Chris Kirchner (far left) stands next to Viktor Hovland of Norway who holds his trophy at the Slync.io Dubai Desert Classic at Emirates Golf Club on January 30, 2022 in Dubai, United Arab Emirates. Fore! Charges incoming. (Chris Kirchner is pictured on the far left) The co-founder of Texas-based software …
Read More »I’ve Got a $3 Million Portfolio. How Much Interest Will I Get Off It?
When investing in your future, it is important to understand how much income you can expect from your nest egg. Many people use the 4% Rule to calculate how much you can safely withdraw from your portfolio, but is that number right for you? Let’s take a look at how …
Read More »I’m retired with about $1 million invested. Paying my adviser 1% would cost me $10K a year — no thanks. I’d rather pay someone hourly for help a couple times a year. Is this reasonable?
Getty Images Question: I hold roughly a million dollars in stocks and ETFs, not counting a small IRA and a small 401(k). My holdings are all in a brokerage account at one of the major brokerage houses. I do get general and stock advice from them, which I usually don’t …
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