Ranks of 401(k), IRA millionaires swell as average retirement account balances hit new high

Do you want the good news first about the state of your retirement savings? Or the bad news? The good news, according to a Fidelity Investments analysis of the third quarter of 2018, is that average retirement account balances have reached record highs. As of Sept. 30, those balances are: $106,500 for 401(k) plans, up … Read more

Netflix gets double upgrade as analyst urges to buy on the 27% dip

One Wall Street brokerage just did an about-face on Netflix, telling clients the the stock’s 27 percent decline from its July high represents an attractive buying opportunity. In a rare move, Buckingham Research raised its rating two notches to buy from underperform for Netflix shares, saying that while it was previously cautious on its “elevated” … Read more

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Stock Market Update Thursday, November 1st, 2018

Stocks kicked off the month of November with a win today. The major indices began the day slightly higher, then pulled back in early trading. But after the dip, President Trump helped lift stocks with a tweet saying that talks with China are “moving along nicely.” Trump is planning on meeting with Chinese president Xi Jinping in Argentina … Read more