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Read more > | | Advisers’ Top Concern About Muni Bonds Is Yield | “As passive investing continues to grow, rather than simply accept an imperfect benchmark portfolio, municipal bond investors with a preference for passive solutions should think about adopting a smart beta approach,” suggests Catherine Stienstra, head of municipal investments at Columbia Threadneedle.
Read more > | | Millennials Overestimate Amount Needed to Start Investing | A survey revealed that 46% of Millennials think you need at least $1,000 to start investing, and 17% think you need $10,000.
Read more > | | Market Mirror | Thursday, the Dow was up 20.88 points (0.08%) at 25,995.87, the NASDAQ fell 72.45 points (0.91%) to 7,922.73, and the S&P 500 decreased 10.55 points (0.37%) to 2,878.05. The Russell 2000 lost 13.18 points (0.76%) to finish at 1,714.47, and the Wilshire 5000 closed 128.98 points (0.43%) lower at 29,990.09.
The price of the 10-year Treasury note was up 7/32, decreasing its yield to 2.877%. The price of the 30-year Treasury bond increased 14/32, bringing its yield down to 3.053%.
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