In this week\u2019s Steady Investor, we look at some of the\nbiggest news stories:<\/p>\n\n\n\n
Read on to get the details:<\/p>\n\n\n\n
Apple Inc.\u2019s Next\nChapter Involves TV and Goldman Sachs \u2013 <\/strong>Apple\u2019s most recent quarterly\nearnings report revealed something that keen market observers probably already\nknew \u2013 iPhone sales were starting to slow. Not only are customers keeping\niPhones longer, but competitors like Samsung are flexing their muscle in\nEmerging Markets where sales remain robust. How does Apple respond? Naturally,\nthe company pivots. In a highly anticipated move this week, Apple CEO Tim Cook\nannounced the company would be expanding its reach in entertainment, financial\nservices, news, and videogames. Apple News+ is a $9.99\/month subscription that\nis said to give readers access to more than 300 magazines and newspapers, in which\nthe Wall St. Journal <\/em>is involved.\nApple is also set to launch a credit card in conjunction with Goldman Sachs,\none that aims to give customers a commitment to privacy as well as real time\ncash rewards. But perhaps the biggest unveiling was Apple\u2019s pivot into the TV\nstreaming business, taking on behemoths like Netflix, Amazon, and Disney. Apple\nis said to be working partnerships with stars like Oprah Winfrey and Steven\nSpielberg for content, though it is unclear what Apple intends to charge and\nhow they will deliver the service.1<\/sup> ________________________________________________________________________<\/strong><\/p>\n\n\n\n 5 of the biggest financial mistakes you should avoid!<\/a><\/strong><\/p>\n\n\n\n Are you falling prey to some of the biggest\nfinancial mistakes? See for yourself with our guide. <\/p>\n\n\n\n There are common mistakes and habits that can help\nsome investors succeed while others fail. See what are the biggest mistakes\ninvestors make and how to avoid them with our guide, \u201c5 Investment Do\u2019s and\n\u2018Don\u2019ts\u201d<\/p>\n\n\n\n If you have $500,000 or more to invest and want to\nlearn more, click on the link below:<\/p>\n\n\n\n Learn About the 5 Do\u2019s and Don\u2019ts of Investing!<\/a>2<\/a><\/sup><\/strong><\/p>\n\n\n\n ________________________________________________________________________<\/strong><\/p>\n\n\n\n Could the New Tax Law\nActually Hurt Multi-Nationals?<\/strong> The verdict may be \u201cGILTI\u201d as charged. The\nnew tax law no doubt lowers the overall corporate tax rate for corporations,\nfrom 35% to 21%. But, <\/em>there\u2019s a\nprovision in the law known as the Global Intangible Low-Taxed Income tax, or\nGILTI, that says multi-nationals that pay a foreign tax rate lower than 13.125%\nmust pay a minimum income tax in the U.S. Since many corporations already pay a\nrate at or higher than 13.125%, many thought they\u2019d be excluded from GILTI. But\nthat\u2019s not turning out to be the case, because Congress did not change rules\nthat force some companies to count U.S. expenses toward foreign operations. In\nshort, these expenses should be offsetting GILTI, but they\u2019re not. The end\nresult is that it may make sense for some companies to move some of these U.S.\nexpenses abroad, which is the exact opposite incentive that the Trump Administration\nis trying to create.3<\/sup><\/p>\n\n\n\n Government Report\nShows Half of Older Americans Have ZERO in Retirement Savings \u2013 <\/strong>it\u2019s a sad\nreality but also a well-telegraphed one: Americans are grossly underprepared\nfor retirement. A recent government report moved the issue front-and-center\nagain, with fairly staggering statistics that should give every reader pause. By\nthe numbers: Of Americans 55 or older, an eye-opening 48% had nothing <\/em>saved in a retirement account,\nlike a 401(k) or IRA. We\u2019re not talking low account balances or even a few\nthousand \u2013 we\u2019re talking zero dollars. That\u2019s a problem. To be fair, a decent\npercentage of these Americans have access to a pension, but the fact that no\nsupplemental dollars are saved anywhere is, in our opinion, \u2018not ok.\u2019 While\nwe\u2019re dishing out the unfortunate stats, there\u2019s more: The Employee Benefit\nResearch Institute estimated that 41% of households where the head is between\nthe age of 35 and 64 are probably going to run out of money in retirement. Too\nmany Americans are relying on just Social Security to finance retirement, and we\nhope the work we do here at Zacks Investment Management can help change that.4\n<\/sup><\/p>\n\n\n\n Not saving enough for retirement is a common investing\nmistake. But it is only one of many, in our view, that investors are making\nsuch as changing strategies too often, getting emotional about investing or\nfailing to diversify. <\/p>\n\n\n\n To help you understand these mistakes and what you can do to\navoid them, we have created the guide, \u201c5 Investment Do\u2019s and Don\u2019ts.\u201d5<\/sup><\/p>\n\n\n\n In this guide, we provide our thoughts on what we believe\nare 5 of the biggest financial mistakes investors should avoid, while also\nexamining 5 financial habits that we think can help you invest successfully and\nwith confidence. If you have $500,000 or more to invest and want to learn more,\nclick on the link below:<\/p>\n","protected":false},"excerpt":{"rendered":" In this week\u2019s Steady Investor, we look at some of the biggest news stories: Apple made a huge pivot this […]<\/p>\n","protected":false},"author":3,"featured_media":7426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71,73],"tags":[],"class_list":["post-7985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-client-group","category-steady-investors-week"],"acf":[],"_links":{"self":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/7985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/comments?post=7985"}],"version-history":[{"count":1,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/7985\/revisions"}],"predecessor-version":[{"id":10774,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/7985\/revisions\/10774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/media?parent=7985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/categories?post=7985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/tags?post=7985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}