Benchmark U.S. crude oil for May delivery rose $3.55 to $72.81 a barrel Monday. Brent crude for May delivery rose $3.13 to $78.12 a barrel. Wholesale gasoline for April delivery rose 9 cents to $2.68 a gallon. April heating oil rose 7 cents to $2.77 a gallon. April natural gas fell 13 cents to $2.09…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 27)
March 27, 2023
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Is Being a Landlord Worth It?
Real estate has been a popular investment for a very long time—for those who can afford it. But in recent years, trends such as house flipping, “house hacking” (living in one room of a property while renting out the others) and short-term vacation rentals have made real estate investment much more accessible, especially for millennials…
Investing: Buy Food Stocks? We All Gotta Eat
By James K. Glassman From Kiplinger’s Personal Finance In a terrible time for most stocks, a few sectors have done awfully well. One of them: food. Archer-Daniels-Midland, the giant food-processing company, surged 39.7 percent in 2022, and General Mills returned 27.6 percent. Indeed, the food sector—which includes agriculture, manufacturing, packaged goods and grocers—has outperformed the…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 24)
March 24, 2023
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Benchmark U.S. crude oil for May delivery fell 70 cents to $69.26 a barrel Friday. Brent crude for May delivery fell 92 cents to $74.99 a barrel. Wholesale gasoline for April delivery fell 2 cents to $2.59 a gallon. April heating oil rose 2 cents to $2.70 a gallon. April natural gas rose 7 cents…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 23)
March 23, 2023
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Benchmark U.S. crude oil for May delivery fell 94 cents to $69.96 a barrel Thursday. Brent crude for May delivery fell 78 cents to $75.91 a barrel. Wholesale gasoline for April delivery rose 2 cents to $2.61 a gallon. April heating oil fell 6 cents to $2.68 a gallon. April natural gas fell 2 cents…
Will ChatGPT Impact Finance?
March 23, 2023
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BrightbudgetingChat GPTfinancial advisorfinancial planningFuture PlanninginvestingInvestmentpersonal finance
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Artificial intelligence (AI) isn’t new, but it is evolving. The latest ChatGPT, or Chat-generated pre-trained transformer, is the newest AI to hit the headlines. Its developers claim it has numerous applications in everyday life. One such application is finance. Specifically, it could possibly be used for portfolio-allocation suggestions. But what are the strengths and limitations…
Closing Prices for Crude Oil, Gold and Other Commodities （Mar. 22）
March 22, 2023
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Benchmark U.S. crude oil for May delivery rose $1.23 to $70.90 a barrel Wednesday. Brent crude for May delivery rose $1.37 to $76.69 a barrel. Wholesale gasoline for April delivery rose 5 cents to $2.59 a gallon. April heating oil rose 5 cents to $2.74 a gallon. April natural gas fell 18 cents to $2.17…
Investing for Longevity
March 21, 2023
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By Sandra Block From Kiplinger’s Personal Finance As you approach retirement, you may be tempted to shift most of your savings to more-conservative assets. That temptation may be particularly strong in today’s volatile market. But this strategy could increase the risk that you’ll outlive your money. If you retire in your early sixties, you may…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 21)
March 21, 2023
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Benchmark U.S. crude oil for April delivery rose $1.69 to $69.33 a barrel Tuesday. Brent crude for May delivery rose $1.53 to $75.32 a barrel.Wholesale gasoline for April delivery was unchanged at $2.54 a gallon. April heating oil was also unchanged at $2.69 a gallon. April natural gas rose 13 cents to $2.35 per 1,000…
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‘Stay Defensive’: Chief Investment Officer on How to Position Your Portfolio
All eyes are on the Federal Reserve ahead of their closely-watched interest rate decision on March 22. Fed Chair Jerome Powell and company will have to balance fears of more damage to the banking sector with their original mission—to defeat inflation. Markets have priced in an overwhelming likelihood of a 25 basis-point rate hike. How…