I grew up in a sailing family, and the first thing we were taught was that the wind was both an ally and an adversary. Like investing, having the wind at your back is both a comfortable and an expeditious way to get from point A to point B. On the other hand, sometimes you encounter ahead wind. This point of sail is referred to as beating into the wind, and it’s every bit as uncomfortable a journey as it sounds.
Watch this two-minute guide to help you map out your financial goals for the future. What do you want to do in 5, 10, or 15 years? These 5 steps can help you get started on creating a plan.
The dollar bull run of the past year is reaching an end, according to long-term dollar bull David Bloom, head of foreign exchange strategy at HSBC. He explains why to Long View columnist John Authers.