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  The Wall Street Journal

  Bank of Japan Loosens Grip on Market, Lets Yields Jump to 9-Year High

  TOKYO—The countdown is beginning toward the end of the Bank of Japan decadelong radical monetary easing, although markets are divided about how many ticks are left on the clock. The central bank on Friday let the yield on the 10-year Japanese government bond rise to a nearly nine-year high, and Gov. Kazuo Ueda said he was giving the market more freedom to push yields higher. Policies under Kuroda included a negative short-term interest rate and large purchases of government bonds to keep the 10-year bond yield tightly capped, most recently at 0.5%.

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  TipRanks

  Down More Than 40%: Analysts Say Buy These 2 Beaten-Down Stocks Before They Rebound

  Reverse psychology can be considered a desired quality in the stock market. It is only natural to gravitate toward the leaders in any field, and an investor’s urge to hop on the latest surging stock in search of those sweet gains is understandable. However, anyone familiar with the ins and outs of investing will repeatedly say that overused mantra: ‘buy low, sell high.’ In recognizing that low price, investors can turn to Wall Street’s pros for help. The analysts have been busy lately, picking o

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  TipRanks

  Bank of America Says These 2 Stocks Could Double Your Money — Here’s Why They Could Rally

  Get ready for long-term gains – that’s the message from Bank of America. In a recent note, the bank lays out just why it believes that the S&P 500 will hit 5,000 by next year. That would represent a gain of about 9.5% from current levels. The bank’s chief equity technician, Stephen Suttmeier, sees the market in a secular bull phase – that is, a long-term upward trend lasting one or two decades. In his view, the secular trend started back in 2013 and is likely to hold until the latter years of th

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  SmartAsset

  A $1.5 Million Annuity Will Get You This Much Annually

  Annuities are a form of hybrid financial product. Part investment and part contract, they're primarily sold by insurance companies as a way to save for retirement. While in recent years they have come under criticism for below-market returns, many retirees … Continue reading → The post How Much Would a $1.5 Million Annuity Pay? appeared first on SmartAsset Blog.

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  SmartAsset

  Can I Really Live Off The Interest of My $1 Million Portfolio?

  Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.