Vic Hernand

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The 27 Most Important Finance Books Ever Written

27 classic works that every Wall Streeter should read.<p>“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t …

Investing

The Unavoidable Pension Crisis

There is a really big crisis coming.<p>Think about it this way.<p>After 8 years and a 230% stock market advance the pension funds of Dallas, Chicago, and …

Americans Shun Life Insurance, Forcing New Tactics at Prudential

Prudential Financial Inc. is about to become the largest life insurance company in America by assets. But U.S. life insurance sales aren't the biggest source of its profits.<p>Today, many Americans say they fear outliving their savings more than the premature death of a major breadwinner. And industry …

7 Stocks That Will Hit All-Time Lows in 2017

It’s a bull market. Macroeconomic sentiment has turned notably positive since the election. Major indices are at all-time highs, with the Dow Jones …

7 questions to make sure your financial adviser is on your side, according to the one who helped Tony Robbins write his second book about money

Tony Robbins became the world's most famous performance coach through decades of energetic seminars and high-profile clients, but he's made spreading personal finance knowledge his mission the past couple years.<p>Around 2010, Robbins began speaking with what would become 50 of the United States' top …

Investing

10 Best Oil Stocks to Buy Now

Oil stocks are riding high so far in 2017. After spending much of 2016 in the proverbial toilet, the tail end of the year was met with better times. …

Investing

Victoria's Secret Sales Are Down 20% and L Brands' Stock Is Plummeting

L Brands’ (lb) once dominant lingerie chain, Victoria’s Secret, is falling apart at the seams.<p>The brand’s comparable sales are likely to fall about …

Nicki Minaj

5 Reasons Why Nobody Cares About Your Big Idea

A great idea poorly sold is called failure.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Entrepreneurship is about big ideas, but the problem that most entrepreneurs face is that there is always someone else around the corner with a bigger idea. The good news is that you don’t always …

Marketing

Financially planning for change, money expert weighs in | NOLA.com

One challenge of living a good life is learning how to balance the realities of today with what lies ahead. In other words, it's important to live in …

Retirement

BILL GROSS: Foreign central banks have kept the US from a recession

Although Gross writes about the existential meanings embedded in Donovan's line about happiness, he says the line more importantly reminds him of history repeating itself, particularly financial history. Apparently, Gross saved two notes to himself on a "finance-based economy" that he jotted down …

Markets

A $200 billion investor just made 'a special decision,' and it highlights a huge risk in the stock market

<i>Sebastien Page has crisscrossed the US during his more than 20-year career in investing and risk management.</i><p><i>After working for Boston-based State Street Associates as a senior managing director and head of the portfolio-management group, the Canadian native moved to the West Coast to join PIMCO as</i> …

Markets

Trump is expected to sign executive orders that would repeal 2 huge Wall Street regulations

Trump will target the Dodd-Frank Act, which was written in the aftermath of the financial crisis to scale back risk-taking at the country's largest financial institutions, as well as the fiduciary rule, which requires investment advisers to put client interests above their own when it comes to …

Donald Trump

Heisenberg's Astrophysics Prediction Finally Confirmed After 80 Years

Discovering that our Universe was quantum in nature brought with it a lot of unintuitive consequences. The better you measured a particle’s position, the more fundamentally indeterminate its momentum was. The shorter an unstable particle lived, the less well-known its mass fundamentally was. Solid, …

Physics

Individual stocks don’t even beat Treasury bills: James Saft

(Reuters) - If you want to be a stock picker, you had better be a truly exceptional one because the alternative is not pleasant.<p>While stock markets in aggregate hugely outperform bonds, especially one-month Treasury bills, the story when it comes to individual stocks is a lot more daunting.<p>Only 42 …

Investing

How Do You Remove Debt Collections From Your Credit Report?

Remove Debt Collections From Your Credit Report<p>Updated February 28, 2017<p>Many creditors send your account to a debt collector if you've left it unpaid …

US scientists create metallic hydrogen on Earth ending 80-year quest for 'holy grail of high-pressure physics'

US scientists have succeeded in squeezing hydrogen so intensely that it has turned into a metal, creating an entirely new material that might be used as a highly efficient electricity conductor at room temperatures.<p>The discovery, published in the journal Science on Thursday, provides the first …

Chemistry

10 Life-Transforming Business Books Entrepreneur Must Read in 2017 For Success in Business

Bill Gates recently released his favorite books of 2016. Claiming he averages about one book a week, the billionaire business magnate says reading is …

The biggest Wall Street winners you’ve never heard of

Eat your heart out, Lloyd Blankfein.<p>While much has been written about Wall Street’s comeback this year — like Goldman Sachs’ 37 percent stock price …

Wall Street through the eyes of Hollywood – how realistic are movies about financial services?

Mary Harron's American Pyscho, starring Christian Bale, is based on a book by Bret Easton Ellis.<p>If you’re anything like me, you love the movies. For …

27 Wall Street movies to watch over Christmas

The market is closed (or quiet), everyone's with family, and it's time to get some much needed rest.<p>That, however, does not mean you can't get a little Wall Street in your day. Why not kick back on the couch and watch one of these Wall Street movies?<p>You'll definitely enjoy yourself, and you might …

Wall Street