Dave Ramsey: Claiming Social Security At 62 Can Return More Than Waiting Until 70—If You Invest It All

Dave Ramsey: Claiming Social Security At 62 Can Return More Than Waiting Until 70—If You Invest It All

Financial Guru Dave Ramsey isn’t a fan of Social Security. He often describes the program as a “mathematical disaster” that “robbed” him of his own earned money for decades. US Social Security benefits help over 70 million people with monthly income, with the average check estimated to be $1,976 for all retired workers in January … Read more

Mutual funds have earned trust of Indian investors amid robust regulations: SEBI

Mutual funds have earned trust of Indian investors amid robust regulations: SEBI

New Delhi: As the financial landscape in India witnesses a significant shift, the mutual fund ecosystem has played a crucial role in this transformation, stepping up remarkably to earn the trust of Indian investors, the Securities and Exchange Board of India (SEBI) said on Friday. Addressing industry chamber Assocham’s ‘16th Mutual Fund Summit’ in the … Read more

MyFi has launched AI assistant for wealth creation | India News

MyFi has launched AI assistant for wealth creation | India News

BENGALURU: Wealthtech platform MyFi, a subsidiary of TIFIN, has launched a conversational AI assistant for long-term wealth creation. MyFi leverages research-driven, fact-based investment intelligence and AI models to generate personalized investment guidance based on the user’s investment portfolio. MyFi is registered with SEBI as a Registered Investment Advisor (RIA) and operates in strict accordance with … Read more

Hidden cameras capture bank employees misleading customers, pushing products that help sales targets

Hidden cameras capture bank employees misleading customers, pushing products that help sales targets

Michelle Jeraline says she’s so stressed out by the pressure to sell customers products at TD Bank, it’s affected her health.  The TD employee says she’s usually not acting in the best interest of her clients — she’s trying to sell them products that will help her meet sales targets and keep her from being … Read more

It’s not just a label for meat: halal investments target Islamic customers

It’s not just a label for meat: halal investments target Islamic customers

Whether it’s mutual funds, savings accounts or stock trading, millions of Canadians depend on investments for their financial future.  But for some Muslims, faith took many monetary options off the table because of religious restrictions around concepts like paying — or being paid — interest. It meant for years Canadians like Ammar Maqsud, who observes those religious tenets, couldn’t even put money in … Read more