Finance

Donald Trump, left. Michael Cohen, right.Alex Brandon/AP, left. Eduardo Munoz/Reuters, right. Michael Cohen finished his testimony to a grand jury that may decide to charge Donald Trump. Cohen said Trump ordered him to make illegal ‘hush-money’ payments days before the 2016 election. The president’s former “fixer” warned Republicans to “think twice” about supporting Trump. Michael…

As of today, my latest book is available: More Than Enough: A Brief Guide to the Questions That Arise After Realizing You Have More Than You Need. Among people who read personal finance books, many save a high percentage of their income through most of their careers. One thing that eventually happens for some such…

The big financial news over the weekend was the failure of both Silicon Valley Bank and Signature Bank. They failed, the FDIC took over and fulfilled its duties, and then the uninsured business owners convinced the Fed to backstop everything (aka “bail them out”). As a simple individual investor trying to keep his family assets…

Israel mutual fund withdrawals moderate, after public pulls NIS 8.5b in February  The Times of Israel Source link

An investing earthquake is underway and it’s threatening to end traditional money management as we know it. Investors are pouring their money into so-called passive index funds that blindly track market indexes using computers. It’s a shift that is coming at the expense of funds that are run by mere mortals, aka invesment managers, who…