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Here’s Everything You Need to Retire at 55

Do you think you could retire at 55? For most people, it’s a full decade before they’d otherwise expect to call it quits—65 is the average retirement age. Retirement at 55 is something many would love to do, but they’re not confident they’d be able to leave their job comfortably. They’re not financially independent. They might not have huge debts or money troubles, but they also don’t have the investments to live without a paycheck.
You don’t have to settle for retirement at 65. If you want to retire early at 55, you can! All you need to do is …read more […]

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Oil Gains After Report of Surprise Drop in U.S. Crude Stocks

(Bloomberg) — Oil extended gains to trade near $39 a barrel in New York, buoyed by an industry report of a surprise drop in U.S. crude stockpiles and advances in other financial markets.The American Petroleum Institute reported crude stockpiles declined by 9.52 million barrels last week, according to people familiar with the numbers. That contrasts with an increase forecast in a Bloomberg-compiled survey before government data due Wednesday. While the global economy is still expected to shrink this year, the slump won’t be as sharp as previously feared, according to the OECD.Still, oil investors are processing a slew of bearish …read more […]

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BlackBerry Achieves NIAP Certification for BlackBerry UEM; Strengthens Security Portfolio for Government and Regulated Industries

WATERLOO, ON, Sept. 16, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced that BlackBerry® Unified Endpoint Manager (BlackBerry UEM) has achieved certification from the National Information Assurance Partnership (NIAP), a U. …read more […]

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The Green Organic Dutchman Signs Agreement with Established Chocolatier for New Line of Premium Cannabis-Infused Chocolates and Provides Update on Valleyfield Facility Transformation

* Signed LOI with Quebec-based Chocolatier to produce premium cannabis-infused chocolates at TGOD’s Valleyfield site * Production equipment for Ripple Dissolvable Powders and TGOD Organic Teas successfully relocated from contract manufacturer and set up at Valleyfield, eliminating capacity challenges and providing supply agility * Production of concentrates and Ripple Gummies has commenced * Hiring for several positions to support production ramp up and new product linesTORONTO, Sept. 16, 2020 /CNW/ – The Green Organic Dutchman Holdings Ltd. …read more […]

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Boeing, FAA failures to blame for 737 MAX crashes: U.S. House report

Two Boeing 737 MAX crashes that killed all 346 passengers and crew aboard were the “horrific culmination” of failures by the planemaker and Federal Aviation Administration (FAA), a U.S. House panel concluded after an 18-month investigation. The crashes “were not the result of a singular failure, technical mistake, or mismanaged event,” the House Transportation and Infrastructure Committee’s Democratic majority said in its highly critical report released on Wednesday. “They were the horrific culmination of a series of faulty technical assumptions by Boeing’s engineers, a lack of transparency on the part of Boeing’s management, and grossly insufficient oversight by …read more […]

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UAE Signals It’ll Atone For Pumping Too Much Oil in July, August

(Bloomberg) — The United Arab Emirates sent a fresh signal it will make up for pumping too much oil in the past two months, as crude prices come under renewed pressure from sagging energy demand and rising coronavirus infections.Abu Dhabi National Oil Co., which produces almost all the UAE’s crude, has indicated to refiners and traders that reductions in oil shipments for October will continue through November.Adnoc will cut 25% of supplies based on volumes customers ask to receive in November, according to a statement seen by Bloomberg. All four of Adnoc’s grades of crude — Murban, Umm Lulu, Das …read more […]

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Don’t Let Politics Infect Your Portfolio

We’re sick.
Nearly a decade ago, we made waves when we published a piece that claimed the government was the average investor’s biggest risk factor.
At the time, we were debating public healthcare, counting stimulus dollars, pumping up the oil market and fighting a couple of lingering wars.
It left us with a cold sweat and a twist in our stomach.
Things have only gotten worse.
The nation’s economy is still dependent on stimulus dollars. Tax rates and Fed decisions steer the market. And the Dow’s daily gyrations hinge on the latest headline from Washington.
But this week, things hit an extreme.
China has come to America.
We …read more […]

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Oil refiners shut plants as demand losses may never return

The pandemic initially cut global fuel demand 30% and refiners temporarily idled plants. * Australia has proposed offering incentives worth A$2.3 billion ($1.68 billion) over 10 years to keep the country’s four remaining oil refineries open and said it would invest in building fuel storage as part of a long-term fuel security plan. …read more […]