Portfolio

Seventy-three percent of 3,000 people that the Investment Company Institute polled said they are confident they will be able to retire, thanks to their 401(k) savings, and 90% gave a thumbs-up on the plans, citing their tax advantages, convenient payroll deductions, choices, control and the financial discipline they instill.

Jefferies said that independent M&A activity is sure to increase over the next two decades

Advisors can select from 14 different investment approaches designed to satisfy their clients’ various risk tolerance levels and tax situations.

A large proportion of dividends were previously provided by financial companies, which are no longer in a position to pay out.

With the economy still on life support and inflation an increasing threat, the Federal Reserve will continue to act like a “sugar daddy” and leave interest rates untouched until 2011, predicts PIMCO Co-Chief Investment Officer and founder Bill Gross.

Long-term mutual funds took in $3.5 billion in the week ended Dec. 29, marking the 42nd straight week for positive inflows, which now top $416 billion, the Investment Company Institute said.

Convertible arbitrage, distressed were top two strategies in 2009

Long-term mutual funds took in $3.5 billion in the week ended Dec. 29, marking the 42nd straight week for positive inflows, which now top $416 billion, the Investment Company Institute said.

TD Ameritrade has unveiled a series of tools and resources to help investors better understand how the 2010 Roth IRA modifications might affect their retirement benefits.

Charles Schwab Corp. announced Thursday that it plans to reduce its online equity trade commissions and add new products in an effort to gather customers and assets.