Finance

Wall Street may be on the verge of an uncharacteristically painful quarter. Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation. “We’re headed for some trouble ahead,” he told CNBC’s “Trading Nation” on Friday. “Inflation, in general, is going to…

KEY POINTS Direct indexing, which allows investors to buy the stocks of an index, instead of purchasing a mutual or exchange-traded fund, may soon become more widely available. This strategy may appeal to those seeking portfolio customization or tax-saving opportunities. However, the technique won’t work for all investors, financial experts say. Direct indexing, which allows…

KEY POINTS Rising consumer costs like gasoline and car prices are helping to push the estimate for next year’s Social Security cost-of-living adjustment higher. The size of any bump retirees and other beneficiaries may see depends on four more months of data. How the Federal Reserve decides to handle interest rates will also have an…

Record number of US adults hold 1 financial regret since onset of COVID-19 More than three-quarters of Americans say they had one financial regret since the beginning of the COVID-19 pandemic, according to new data. Eighty-one percent of Americans admitted they had a financial regret, according to a survey by personal finance website Bankrate.com. And…

KEY POINTS Up to $10,000 in Roth IRA earnings can be withdrawn — free of both taxes and penalty — for a home purchase if you meet certain requirements. You also can withdraw your direct contributions at any time, because you already paid taxes on that money. The strategy may not be appropriate for all…

Need some advice? Legendary investor and CEO of Berkshire Hathaway (BRK-A, BRK-B) Warren Buffett has plenty to share. Through his letters, essays, op-eds and TV appearances, Buffett dispenses folksy, funny, plainspoken advice on investing, management, life, happiness, and everything in between. On Saturday May 1, Buffett and his longtime business partner Charlie Munger will share more…

Six elements of the difference between two kinds of investment company. In 28 years the U.S. exchange-traded fund industry has gone from nothing to $5.5 trillion in 2,200 funds. These funds have important differences from mutual funds, which have been around for a century. How do ETFs work? When are they the better option for…