A Financial Advisor Stole $4.7 Million From a Client. Now He’s Headed to Prison.
Christopher Turean pleaded guilty to embezzling millions from a single client and failing to report the illicit income on his tax return.
Vanguard has long had a reputation for eschewing the random fees asset managers are known for. But as our contributing columnist Allan Sloan notes, the company has started charging what he calls chintzy fees.
A monthly check for $4,873 might sound great, but it might not be everything it's cracked up to be.
For the right person, a mega backdoor Roth conversion is the tax equivalent of a free lunch. Suppose you have $46,000 sitting in a bank account or brokerage account. Now, suppose that same $46,000 is sitting in a Roth account.
On the "Afford Anything" podcast, Suze Orman delivered a pointed critique on the notion of retiring early with a $2 million portfolio. She was direct in her advice, emphasizing the insufficiency of such an amount for early retirement. "Two million dollars is nothing," Orman declared, "It’s nothing. It’s pennies in today’s world, to tell you the truth." Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many Americans successfu
Bill Gates sold off a sizeable chunk of his portfolio last quarter, which could be seen as another bearish signal for the stock market and a move that mirrors Warren Buffett's recent decisions. Gates has reduced his position by an estimated $1.7 ...
The billionaire hedge fund legend has set his sights on a new investment
Sky-high dividend yields suggest these stocks are too hot to handle, but billionaires bought millions of shares in the first quarter.
This leading semiconductor company is seeing robust growth thanks to artificial intelligence (AI), and investors can get it for a song.
For years, the privately run Medicare Advantage business generated outsize profit growth for health-insurance giants. Companies like UnitedHealth Group and Humana bet big on the program, and investors generally rewarded them for it. Medicare Advantage, in which the government pays insurers a set amount to manage the care of seniors, recently surpassed traditional Medicare’s share of beneficiaries.
When I look at this trio of consumer-oriented stocks, I feel confident that I'll be owning them until it's time to pass them on to my daughter.