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Financial Advice

All articles tagged with #financial advice

FTSE 100 Reaches Record Highs: Is It Time to Invest?
business1 month ago

FTSE 100 Reaches Record Highs: Is It Time to Invest?

The FTSE 100 has reached a record high, prompting discussions on whether now is a good time to invest, especially for first-timers. While investing can offer higher long-term returns compared to savings, it involves risks, and many people still lack sufficient emergency savings. The government and regulators are encouraging more investment, but caution is advised due to potential overvaluation and market volatility, particularly in AI-related stocks. New rules will also make financial guidance more accessible, though not personalized, to help consumers make informed decisions.

Investors Turn to Alternatives Amid Traditional Portfolio Challenges
business4 months ago

Investors Turn to Alternatives Amid Traditional Portfolio Challenges

A survey finds that 45% of investors are interested in alternative investments like private equity, real estate, and cryptocurrencies, with ETFs being a popular and accessible way to gain exposure. Financial advisors suggest limiting such investments to a small portion of portfolios and emphasize that traditional stocks and bonds remain reliable for long-term growth, highlighting that 'boring investing still works.'

Powerball Jackpot Hits $1.8 Billion: Winners Face Big Decisions
lottery5 months ago

Powerball Jackpot Hits $1.8 Billion: Winners Face Big Decisions

Powerball winners face the choice between a lump sum payment of around $826.4 million or an annuity over 29 years. An accountant advises taking the lump sum for investment control but warns of overspending risks, while the annuity offers a safer, long-term payout. Winners should keep their win confidential, seek professional advice, and pay off debts to secure their financial future.