Fidelity Go Review 2023: Pros, Cons & Features

Fidelity Go is a robo-advisor offering from a reputable brokerage with low fees. There is no advisory fee for those who have balances lower than $25,000 and all investors can access Fidelity’s mutual funds with no expense ratios. What Is Fidelity Go and How Does It Work? As the robo-advisor arm of the Fidelity Investments … Read more

Comments on the January Employment Report

town Calculated Risk on 2/03/2023 09:44:00 AM This was a strong report, and the revisions show job growth was stronger over the last year than originally reported. With revisions: The 4.81 million jobs added, 2022 was the 2nd best year for job growth in US history behind only 2021 with 7.27 million. The headline jobs … Read more

Opinion: ‘It’s payback time.’ US stocks have been a no-brainer moneymaker for years — but those days are over.

If you owned US stocks over the past decade, you’ve been richly rewarded. It’s payback time. Over the next decade or two, investors will experience bull and bear markets, but at the end of the journey they will not be far from where they started. When you own a stock, your returns come from two … Read more

Wall Street to Jerome Powell: We don’t believe you

Do you want the good news about the Federal Reserve and its chairman Jerome Powell, the other good news…or the bad news? Let’s start with the first bit of good news. Powell and his fellow Fed committee members just hiked short-term interest rates another 0.25 percentage points to 4.75%, which means retirees and other savers … Read more

National House Price Index “Continued to Decline” to 7.7% year-over-year increase in November

town Calculated Risk on 1/31/2023 09:09:00 AM S&P/Case-Shiller released the monthly Home Price Indices for November (“November” is a 3-month average of September, October and November closing prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. From S&P: S&P Corelogic Case-Shiller … Read more

Ellevest Review 2023: Pros and Cons

Women have fought for a place at the proverbial table, and now they’re showing up strong. During the pandemic, more businesses have been started by female founders, and more women than men have entered higher education. Even so, fewer investors are female, and the gender pay gap persists. That’s where Elevenvest comes in. Ellevest is … Read more

TD Ameritrade Review 2023: Pros and Cons

TD Ameritrade is a full service brokerage, offering online services for most types of investors. There are no minimum requirements to open an account, and there are plenty of research and educational tools to choose from. It’s a smart pick if you’re looking for a wide variety of securities and account types. What Is TD … Read more

Public App Review 2023: Pros and Cons

It’s clear from the popularity of online forums about investing (hi, Reddit), that a lot of beginner investors value the advice of fellow investors as much as — or more than — that of an actual financial advisor. So it was only a matter of time before an investment app built the community right into … Read more

How much will the economy grow in 2023? Will there be a recession in 2023?

town Calculated Risk on 1/13/2023 02:08:00 PM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2023. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on … Read more