Adult children are eating into parents’ retirement savings: Study

Coughing up cash to pay for summer camp and more? Expect to keep footing the bill for your child well after he turns 18. Half of parents with adult kids say they’ve compromised their retirement savings for them, Bankrate.com found. […]Coughing up cash to pay for summer camp and more? Expect to keep footing the bill for your child well after he turns 18. Half of parents with adult kids say they’ve compromised their retirement savings for them, Bankrate.com found.Read More

Tesla should be valued at less than $100 a share, investor says

Tesla heads into its earnings report out after the bell Wednesday trading at its lowest level in six months. One strategist says it should get even worse for the electric car maker. […]Tesla heads into its earnings report out after the bell Wednesday trading at its lowest level in six months. One strategist says it should get even worse for the electric car maker.Read More

This is the best-performing stock sector to hold during the slow summer months

The Wall Street adage “Sell in May and go away” resonates with investors, as stocks tend to underperform in summer. However, over the past three decades there has been one sector that has had a strong track record of gains from May through October. […]The Wall Street adage “Sell in May and go away” resonates with investors, as stocks tend to underperform in summer. However, over the past three decades there has been one sector that has had a strong track record of gains from May through October.Read More