Fintech stocks have under-performed vs. the S&P 500 amid fears of a recession and competition from startups and tech giants Apple and Amazon. Read More...
Investor’s Business Daily
How Does A 7% To 8% Payout For Life Sound?
Stock market investors loathe rising interest rates, but they have upsides — bonds are generating returns again and financial instruments like fixed annuities, with their returns tied to bonds, are up massively. How much? Lifetime fixed-income annuity payouts are up 29% to 30% from a year ago, depending on your gender. Meanwhile, the Dow Jones Industrial Average is down nearly…
