Author: troyashbacher

GeoWealth, a turnkey asset management platform, introduced a Private Model Marketplace that coalesces strategies it’s been amassing for the past year using models constructed by Apollo, BlackRock, Goldman Sachs Asset Management and J.P. Morgan Asset Management.Through GeoWealth’s unified managed account technology, advisors using the platform can build custom models or pick from pre-built ones that include exposure to private markets. Users can create standalone models or combine them with public models in the same custodial account. “We built the Private Model Marketplace to provide advisors with a turnkey, fully managed solution that delivers private market exposure without the operational burden,” GeoWealth…

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Medicare provides health insurance to 69 million Americans. During Medicare open enrollment, which runs from October 15 to December 7 this year, people can enroll in the program or change plans. You can also switch from original Medicare to a Medicare Advantage plan (or vice versa), and weigh your Part D prescription drug plan coverage against other options.If you choose original Medicare (Part A and Part B), you can also buy a Medicare Supplement Insurance (Medigap) policy from a private insurance company to cover services and out-of-pocket costs not covered by original Medicare.It’s important to note that you can only…

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Gold is having a moment, and so is Costco.The retail giant’s glittering 1-ounce gold bars have been selling out consistently online, with curious investors and everyday members alike clamoring for access. Costco now offers 24-karat gold, silver and platinum options through its website (and occasionally in warehouses). Some shoppers are picking up bullion the same way they stock up on paper towels and bottled water.But what makes Costco’s gold bars even more intriguing isn’t just the price or the brand. It’s the potential to earn up to 4% in rewards through Costco’s membership and credit card programs. For savvy shoppers,…

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If you are a Sam’s member, this red light therapy mask is part of the early doorbusters available and is on sale for $149. That is an extremely reasonable price for red light therapy and I guarantee this is on a lot of holiday wish lists.  You can see the details about the mask by clicking here.  If you are not a Sam’s member, you can get an annual membership for just $20 by clicking here.

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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 four questions on the new tax deduction for paying interest on vehicle loans. (Get a free issue of The Kiplinger Tax Letter or subscribe.)1. What are the general rules for the deduction?Question: I hear that individuals can now deduct interest paid on their car loans. Can you explain this tax break? Joy Taylor: The “One Big Beautiful Bill” law that was enacted on July 4 provides several new tax breaks for individuals. One…

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Key Takeaways The Federal Reserve cut its benchmark rate by a quarter point last week, but the top high-yield savings and money market accounts still pay up to 5.00%, while the best CDs offer as much as 4.50%. Brokerage and robo-advisor cash accounts are down slightly this week, with a top yield of 3.95%, while U.S. Treasuries pay up to 4.70%. Compare today’s top rates to see which accounts still offer strong yields as interest rates cool and savers look to keep cash working harder. The Best Cash Yields Still Range Up to 5% It’s always smart to make sure…

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Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.In a speech delivered for an audience of economists in New York, the central bank official and appointee of President Donald Trump said the flood of crypto tokens pegged to the dollar could tamp down what economists refer to as “r-star,” or the “neutral” rate of interest that neither pushes nor impedes growth.If that happens, he said, the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.”Stablecoins may become a multitrillion-dollar elephant in the room…

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