The strange psychology of retirement income: Why spending money feels riskier after years of saving

The narrative of a miserly, Scrooge-like figure hoarding his wealth for years instead of enjoying his retirement might seem unbelievable—but unfortunately, it isn’t relegated only to fiction. It’s a cold reality for many retirees. According to the Life Cycle Hypothesis, this shouldn’t need to happen. A retiree who is financially prepared for retirement should keep a … Read more

2024 Atlantic hurricane season comes to an end

This potential was realised in late September with the birth of Hurricane Helene. It intensified rapidly before making landfall on the Florida coast as a major category four storm. Helene brought catastrophic flooding and widespread wind damage across large swathes of the south-east US, from Florida’s Gulf Coast to the southern Appalachians. According to preliminary … Read more

‘Pakka trader hai’: Netizens react after video of groom watching stocks during wedding ceremony goes viral

A video of a groom engrossed in his phone, seemingly monitoring the stock market during his own wedding ceremony, has taken the internet by storm. The unique blend of tradition and technology has amused and intrigued netizens. The video, which has gone viral on social media platforms, shows the groom sitting at the mandap, surrounded … Read more

The Stock Market Just Breached a Never-Before-Seen Threshold — and History Couldn’t Be Clearer About What Happens Next

It’s been quite a phenomenal two years for investors. Since bottoming out in October 2022, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and innovation-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) have all soared to multiple record-closing highs. The stock market’s epic rally is being fueled by the rise of artificial intelligence (AI), … Read more