Author: Money Mechanics

A young investor today wakes up to a TikTok video on private credit, asks a generative AI tool to draft a retirement plan over breakfast, scrolls through podcasts comparing crypto custodians on the commute and fields a robo-adviser’s portfolio recommendation before lunch.Information about money has never been cheaper to produce, easier to access or harder to evaluate. However, despite the ubiquity of investment information, human advisers remain the single most trusted source of guidance for young investors today.The role of traditional investment advice in an age of digital communication is a central tension in the new Next-Gen Investors report from…

Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she’s looking at five tax questions on inherited property, including the tax basis upon death. (Get a free issue of The Kiplinger Tax Letter or subscribe.)1. Inheriting gold and silverQuestion: I own highly appreciated gold and silver bars and coins. When I die, will my children get a stepped-up basis in this property?Joy Taylor: Under the tax law, a decedent’s unrealized gains aren’t hit with federal income tax at death, and heirs step up or step…

Growth can become a numbers game fast. More campaigns, more touches, more spend. But one adviser we work with sees it differently: Your firm can grow when you’re known by your community rather than just your clients.That’s the tension many firms face. You want to scale, but you don’t want to lose the human side of the business in the process. The answer for this firm was simple and disciplined. Community service was made part of the team and the job.The result is worth your attention. It became a big part of the firm’s culture, client experience and growth. From…

Financial advisers spend a lot of time talking about risk, whether that’s market risk, inflation, longevity, tax, sequence of returns, concentration, long-term care … The list seems endless.But clients don’t necessarily experience retirement risk as a category on a planning report. They experience it as a knot in the stomach:What if I run out of money?What if I become a burden to my children?What if I retire and lose my identity?What if my spouse dies first?What if the market falls right after I stop working?What if I need care and there is no good place for me to go?For financial…

Intuit Inc. (NASDAQ:INTU) is a deep value stock to invest in now. On May 27, BofA Securities resumed coverage of Intuit Inc. (NASDAQ:INTU) stock with a Buy rating and a $400 price target. The positive stance affirms the research firm’s confidence in the company’s outlook despite the stock declining by over 50% over the past year. Here’s Why Intuit Inc. (INTU) is One of the Best Deep Value Stocks to Invest in Now Amid the stock underperformance, Intuit continues to fire on the operational front. Its TurboTax Live is growing at a 36% rate and accounts for 53% of the…

SpaceX begins trading on Nasdaq today under the ticker , targeting a valuation of approximately $1.75 trillion and seeking to raise $75 billion, more than 2.5 times the previous record set by Saudi Aramco in 2019. The scale alone rewrites the record books. But the more interesting argument for “unique” runs deeper than the headline number.SpaceX spent over two decades as a private company, accumulating more than $10 billion in venture capital funding while remaining almost entirely inaccessible to ordinary investors. That changes today for the first time. A wave of institutional holders, including Founders Fund, DFJ, D1 Capital, ,…

Willis Re, the reinsurance advisory and broking joint venture between WTW and Bain Capital, has announced that it has appointed Jonathan Ogilvie as Global Head of Non-Marine Specialties, and Chris Dart as Head of Treaty Reinsurance, Bermuda, effective immediately.In their new roles, Ogilvie, based in London, and Dart, based in Bermuda, will hold responsibility for leading their respective teams, managing portfolio performance, and contributing to the expansion of Willis Re’s reinsurance platform. Willis Re explained that both figures will collaborate closely with colleagues and trading partners to strengthen market engagement and enhance service delivery in their specific markets. Ogilvie brings…

Commuters on April 20, 2026 in London, United Kingdom.Rasid Necati Aslim | Anadolu | Getty ImagesThe U.K. economy shrank by 0.1% in the month to April, figures published on Friday showed, as the impacts of the Iran war continue to hamper growth. A 0.2% contraction in services activity was cited as the main driver of the negative growth, with officials saying it had been partly offset by a 0.1% rise in construction output. Production output showed zero growth for the month. Economists polled by Reuters had been expecting the British economy to contract by 0.1% month-on-month. April’s print followed growth…

In India, consumers receive a lot of calls every day, ranging from spam and scams to delivery people and financial service companies trying to contact them. There are apps like Truecaller and the government’s Calling Name Presentation (CNAP) system to identify who is calling, but knowing the name of the caller is often not enough. That is why Equal AI is creating an assistant that can receive calls on your behalf, gather information, and tell you why someone is calling. The app is currently available on Android, and since its launch last year, it has grown to more than a…

(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies  Limited presentation openings are available for E&P, Midstream, OFS, Energy Transition, and Emerging Technology companies  Sponsorship opportunities are available for companies seeking to increase their market presence       EnerCom, Inc. (“EnerCom”) is pleased to announce an exceptional lineup of networking and industry engagement opportunities at the 31st annual EnerCom Denver – The Energy Investment Conference taking place August 17-19, 2026, at the Westin Denver Downtown. Recognized as the largest independent investor…