Is It Time for Investors to Ditch Their 401(k)s for Retirement?

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Is It Time for Investors to Ditch Their 401(k)s for Retirement?

The workplace-sponsored 401(k) is touted as one of the best places to save for retirement. And there’s good reason for that. Contributions are pulled in from your paycheck and invested automatically. Withdrawal restrictions discourage you from reaching into …
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Japanese Billionaire Regrets Losing $41 Million in Stock Trading

SHARE THIS ARTICLE. Share · Tweet · Post · Email. Yusaku Maezawa on Sept. 12, 2019. Photographer: Akio Kon/Bloomberg. Photographer: Akio Kon/
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Reserve Bank has policy space to cut interest rates, official says

The decline in inflation has created the policy space for the Reserve Bank to cut interest rates, a senior Bank official said on Monday. The Bank has cut the repo rate by 300 basis points to 3.5% so far in 2020. This was as inflation dropped and then rose again …
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Be vigilant about scams targeting seniors, BBB cautions

Senior citizens are a prime target for scammers. Many are on a fixed income, but they may have a lifetime of savings in the bank. While you may not be able to see your loved ones right now, please check on them and make sure they are not being taken …
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Fred. Olsen Cruise Lines' New Ship Borealis Joins Rest of the Fleet in Rosyth

(12:45 a.m. BST) — The newest member of the Fred. Olsen fleet, Borealis, has joined the rest of its fleetmates moored at Rosyth, Scotland. The former Holland America Line Rotterdam had just finished a technical inspection at the Damen shipyards in …
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