Private equity has something troubled insurers want: cash
Many were incapacitated by the burden of policies written when interest rates, and the fixed-income returns used to determine their future policy payouts, were higher. The resulting poor profits in ...
‘I am at a loss.’ I’m a 68-year-old widow with $3.2K per month in Social Security and $2.6 million saved. My adviser has me in over 50% equities and tells me to stay the ...
My financial adviser said I’m in great shape and will have enough to last the rest of my life, but my portfolio is over 50% in equities, which doesn’t seem wise. When I raise ...