4 mistakes that could ruin your retirement Those who are retired or near retirement may be tempted to cash out of stocks or adjust their portfolio to be mostly in bonds. That could be a big mistake.
| By: Sharon Epperson
PRECIOUS-Gold down on dollar; eyes on ECB news conference, U.S. data *China markets closed for public holiday. *Coming up: U.S. Weekly jobless claims at 1230 GMT. LONDON, Sept 3- Gold fell on Thursday, under pressure from a steady dollar and firmer share markets as investors awaited a European Central Bank news conference and a U.S. jobs report that could provide clues on the timing of a Federal Reserve rate rise.
| By: Clara Denina
UPDATE 2-Net-A-Porter founder leaves abruptly ahead of merger PARIS/ MILAN, Sept 3- Natalie Massenet, founder and executive chairman of online fashion group Net-A-Porter, said on Thursday it was the right time to leave after she resigned abruptly ahead of the completion of a planned merger with Italy's Yoox. The merger, announced in March and expected to complete next month, will create a leader in the fast-growing online...
| By: Astrid Wendlandt and Silvia Aloisi
3 Mistakes That Could Ruin Your Retirement With all of the stock market volatility, many investors may be thinking they should move their portfolio into mostly bonds, particularly if they’re near retirement. But that could be a big mistake. A look at some of the missteps that could ruin your retirement.
Why can't every day be Jobs Friday? Why do we have to wait for a month to get the jobs report? We should get updates every day, says Tony Fratto.
| By: Tony Fratto, Managing Partner at Hamilton Place Strategies