Can you safeguard your portfolio against the coronavirus? Mike Pyle of BlackRock advises investors how to protect themselves from its impact on the global economy. This could be an ideal time to refinance your mortgage. Khristopher J. Brooks of MoneyWatch explains why rates have fallen and how you can take advantage of them. Learning the right investment lessons in your 20’s can jump start your portfolio. The founder of The Humble Dollar, Jonathan Clements, details 10 principles he wishes he’d learned earlier.
Coronavirus Risks Weigh on Markets –The coronavirus outbreak that started in China has sent jitters across global financial markets amid fears of a hit to the global economy. It may be too early to assess the eventual impact on the economy yet there are potential downside risks posed by the outbreak – with its unknown magnitude and duration. This underpins the view at BlackRock that U.S. Treasuries provide a source of portfolio resilience. Read more…
Mortgage Rates Are At Their Lowest Level In 3 Years — Mortgage rates across the U.S. have fallen to a three-year low, a boon for house-hunters and homeowners looking to refinance. The average 30-year mortgage is charging 3.45%, while 15-year loans are at 2.97%, according to Freddie Mac. That’s down from 4.41% and 3.84% a year ago. Read more…
Nobody Told Me — Jonathan Clements, says it took him a decade to learn many of life’s most important money lessons. He shares 10 of them with readers at The Humble Dollar. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller