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: SEC penalizes robo-adviser Betterment $9 million, settling charges of misleading customers

MarketWatch

Robo-adviser investment firm Betterment LLC agreed late Tuesday to pay a $9 million penalty to settle charges by the Securities and Exchange Commission that it misled customers about its automated tax loss harvesting (TLH) service. The penalty will be disbursed to affected customers by Betterment, the SEC said.

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16 Ways to Invest $30,000 in 2023

Good Financial Cents

2016: 9.54%. Commission-free investing Allows fractional shares in stocks, ETFs Small minimum investment: $100. From there, you’ll pay a 0.25% annual investing fee to access multiple portfolio options, advanced tax-savings tools, automatic portfolio rebalancing, and other perks. 2020: 16.26%. 2019: 28.88%. 2017: 19.42%.

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9 Ways – How to Start Investing with $100

Good Financial Cents

Who It’s Best For: Many online brokers are a great option for investing in fractional shares since there are no commissions and no minimum balance required to get started. You can set up an account in minutes, and Betterment offers added benefits like portfolio rebalancing, dividend reinvestment, and tax-loss harvesting.

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Defense Industry Stocks Gain Amid Rising Global Tension

Brown Advisory

Defense Industry Stocks Gain Amid Rising Global Tension achen Mon, 09/12/2016 - 04:00 Forget the Machiavellian notion that the best defense is a strong offense. For fiscal year 2016, the U.S. It is also developing a replacement for Ohioclass ballistic missile submarines, which were first commissioned in 1981.

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Defense Industry Stocks Gain Amid Rising Global Tension

Brown Advisory

Mon, 09/12/2016 - 04:00. For fiscal year 2016, the U.S. It is also developing a replacement for Ohioclass ballistic missile submarines, which were first commissioned in 1981. Defense Industry Stocks Gain Amid Rising Global Tension. Forget the Machiavellian notion that the best defense is a strong offense. Rearming democracies.

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Demystifying Systematic Fixed Income Investing

ClearMoney

1 (January 2016): 69–103. 7Dave Plecha and Jacobo Rodriguez, “A Market-Driven Approach to Fixed Income” (white paper, Dimensional Fund Advisors, June 2016). 1 (January 2016): 69–103. 7Dave Plecha and Jacobo Rodriguez, “A Market-Driven Approach to Fixed Income” (white paper, Dimensional Fund Advisors, June 2016).

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Rude Awakening

Brown Advisory

Investors had snapped up Puerto Rican debt because of high yields and exemption from federal, state and local taxes in the U.S. Meanwhile, tax revenues have declined to about 12% of GNP from more than 15% before 2006, the Krueger report said. Bonds sold by Puerto Rico’s Public Finance Corp. plunged in August to 9 cents on the dollar.