Happy Friday, everyone. In a world where everything seems to be getting more expensive, did you know that fees for open-end mutual funds have been dropping? We also learn how market volatility can impact longterm investments over the course of ever-increasing lifespans. Apple announces that it will be opening a store at DC’s Carnegie Library. And if you’re a vegan, you’re not alone. Beyond Meat saw an IPO surge of 163 percent. And if you’re one of our young readers, be sure to learn how you can achieve financial order before you turn 30.
Cost is one of the only things investors can truly control, and one of the most important when it comes to investment returns. The good news is that in the past 20 years, fees for open-end mutual funds and ETFs have dropped roughly by half, according to a recent Morningstar study.
The willing acceptance of stock market volatility is the only path for most investors for being able to pay for a comfortable retirement decades from now. And with increasing lifespans, retirement has taken on a whole new definition – young adults today could end up living three or even four decades after their career has ended.
In 2017, the National Capital Planning Commission granted conceptual approval for Apple and Events DC to restore and transform the building formerly known as the Central Public Library into retail space for Apple and office and exhibit spaces for the Historical Society of Washington.
The 163 percent surge for the maker of vegan beef and sausage products was the best debut session of any U.S. listing since at least 2008 among IPOs that raised at least $200 million. Beyond Meat saw its market value balloon to $3.83 billion at the close of trading.
All the personal finance advice you need would fit on a 3-by-5 card, Harold Pollack quipped in a 2013 interview. Immediately people wanted to know: Where’s the card? So Pollack, the Helen Ross Professor in the School of Social Service Administration, scribbled down some ideas and posted a photo, which went viral.