Month: November 2019

The chairman of the U.S. House Transportation and Infrastructure Committee and the head of its aviation subcommittee said on Monday that it will continue its investigation into two fatal 737 MAX crashes after Boeing’s testimony prompted new questions. Boeing spokesman Gordon Johndroe said Monday the company “will continue to cooperate with the committee.” The Federal Aviation Administration (FAA) declined to comment. …read more […]

Q3 2019 Agios Pharmaceuticals Inc Earnings Call …read more […]

Here’s Myles Udland with a lookahead a some of the stories that will be making headlines on Tuesday, November 5. …read more […]

Q3 2019 National Retail Properties Inc Earnings Call …read more […]

The chairman of the U.S. House Transportation and Infrastructure Committee and the head of its aviation subcommittee said on Monday that Boeing’s testimony on two fatal 737 MAX crashes prompted new questions. Boeing did not immediately comment. …read more […]

Fast food franchise Shake Shake reports its third quarter earnings. Yahoo Finance’s Jared Blikre reports to Jen Rodgers, Myles Udland, and Andy Serwer. …read more […]

Yahoo Finance’s Jared Blikre shares Uber’s Q3 earnings report, with shares falling after the company reported a $1.16 billion net loss for the quarter. Jen Rogers, Myles Udland and Andy Serwer discuss on The Final Round. …read more […]

At a recent presentation, I was asked whether it’s a good idea to borrow from a 401(k) plan in order to pay down debt.
My initial reaction was a resounding “no.”
To accumulate wealth, you want to stay invested for as long as possible. Disrupting that cycle of compounding by taking money out of your 401(k) plan will very likely lead to lower returns.
Consider: An employee who invests $1,000 per year and earns 9.8% (the average annual total return of the S&P 500 over the past 50 years) annually on their 401(k) ends up with $191,607 after 30 years.
But if they invest …read more […]