Your advisor might be able to sidestep this federal disclosure rule. That may not be a bad thing, some say
FatCamera | E+ | Getty Images You may have recently received a new disclosure form, as mandated by federal securities regulators, from your financial advisor. Or, maybe not. And from where some experts stand, that may not be a bad thing. While a broad swath of the nation's broker-dealers and registered investment advisors — known
October 12, 2020 by admin 0 Comments
Affordable Housing Model Holds Through Downturn
Affordable housing has historically outperformed other asset classes during economic downturns. The pandemic-fueled recession has been no different. This is welcome news as many experts were uncertain about the stability of the affordable housing niche because this recession has uniquely impacted the service sector. However, through the pandemic, occupancy, rent collections and asset valuation has
U.S. stock futures little changed as stimulus negotiations continue
A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images U.S. stock futures fell slightly on Sunday evening as investors prepared for a busy week of corporate earnings and monitored stimulus negotiations in Washington. Futures for the Dow Jones Industrial Average fell
Big retailer's expansion is right on 'Target'
Target's ambitious metro-area expansion is a rare bright spot amid a gloom-fest of store closings and bankruptcies. The mass-market favorite is planting its bull's-eye at the Cross County Center in Yonkers, where it has signed a lease for a whopping 130,000 square feet, gobbling up the bulk of 200,000 square feet left behind by Sears
These travel plays may boost your portfolio – with one major exception
IHT Wealth Management's Yussef Gheriani believes now is a good time to consider adding travel plays to portfolios. Between cabin fever related to the pandemic and optimism surrounding effective coronavirus treatments, Gheriani speculates bookings will start meaningfully rising within the next couple of months. "People are going to be sitting down at home saying 'Okay,
Oil Heiress Aileen Getty Adds All-New Contemporary Mansion to Her Portfolio
Aileen Getty, granddaughter of larger-than-life tycoon J. Paul Getty — once the world's richest man — has added another gem to her already many-feathered real estate cap. Property records reveal the oil heiress recently shelled out $3.8 million for a chic contemporary home in Studio City. Of course, Getty is certainly no stranger to the
Remote workers may provide tax savings for employers
Working remotely during the pandemic may become routine, as both companies and workers come to appreciate the convenience and savings available. Companies in major cities are making plans to downsize their workspace, while many employees find they prefer the convenience of working from home. Some of the risks involved, such as surprise nexus issues, are
Pandemic Accelerates Existing Challenges in Office and Retail
The pandemic has been called an accelerator, fueling trends that were already on track. Industrial is the prime example. The market has, in many ways, been a beneficiary of the pandemic. On the other hand, office and retail assets were already set for major changes, and now those changes are hitting harder and faster than
Fauci says comments in Trump ad taken 'out of context' and used 'without my permission'
Dr. Anthony Fauci, Director of the National Institute for Allergy and Infectious Diseases testifies at a House Subcommittee on the Coronavirus Crisis hearing on Capitol Hill on July 31, 2020 in Washington, DC. Force. Kevin Dietsch | Pool | Getty Images White House coronavirus advisor Dr. Anthony Fauci said Sunday that a new Trump campaign
Sandra Lee sells Westchester home she once shared with Gov. Andrew Cuomo
Sandra Lee has sold the beloved Westchester home she shared with ex-love Andrew Cuomo for $1.85 million, The Post can reveal. Lee, 54, moved to Los Angeles following her split from the New York governor in September 2019 — and has spent this weekend moving into a new home in Malibu. Lee bought her Westchester
Inside Lucid Motors' plan to take on Tesla
Lucid Motors is a California-based electric vehicle start-up, and in September it revealed the Air, its vision for an electric, luxury sedan. The company promises some impressive specs, such as an estimated 517 miles of range. But starting up an electric vehicle company is notoriously difficult, and it faces steep competition from Tesla and other
President Franklin Delano Roosevelt created Social Security in 1935. Today, his grandson is fighting to save it
President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Many people think of Social Security as the program their parents and grandparents rely on for financial support in retirement. For James Roosevelt, Jr., it has a special significance. His grandfather created it.
Congressional Budget Office Releases 2017 Data on Household Income and Tax Burdens
Last week, the Congressional Budget Office (CBO) published an updated analysis of the distribution of American households' income and tax burdens for 2017. The new CBO data reinforces existing trends in household income and tax burdens, showing that the federal tax system is progressive and incomes continued to rise in 2017 as part of the
US Apartments Are Getting Smaller
Apartment sizes are getting smaller in the US. Research from RCLCO Real Estate Advisors tracked trends in apartment sizes, and found that apartments today are 100 square feet smaller than those built in the 2000s, falling from an average of 1,031 square feet for apartments built from 2000 to 2009 to 931 square feet for
Inside Sierra Nevada Corp's space plans, from the reusable 'Dream Chaser' to inflatable habitats
An animation shows Dream Chaser and its Shooting Star cargo module in orbit around the Earth. Sierra Nevada Corporation Sierra Nevada Corporation is best known as a private aerospace and national security contractor – but the company is investing heavily in its space systems division, especially as it sees NASA and other companies building infrastructure
Wall Street's top analysts are betting on buy-rated stocks like DraftKings and Etsy right now
An employee pulls carts towards a Walmart store in Lakewood, California, July 16, 2020. Patrick T. Fallon | Bloomberg | Getty Images Boosted by fresh stimulus hopes, the markets have rallied this week. But the overall picture remains one of volatility and uncertainty. As yet no stimulus deal has actually been agreed, and with so