Patient deaths spiked in US hospitals after acquired by private equity firms, Harvard reveals — how ‘for-profit’ care puts American lives at risk

A new study published by Harvard detailing higher patient mortality in private equity (PE) owned hospitals could cause public confidence in the institutions to flatline. (1) Private equity–owned hospitals are medical facilities purchased by investment firms that use borrowed money to acquire, streamline and resell companies for profit — often within just a few years. […]

Boomers are hitting ‘peak 65,’ but even the wealthiest can’t tell if they’re truly ready to retire. Are you caught in the same ‘confidence paradox’?

It comes as no surprise that Americans are paying more for necessities than they did last year, and in response, they’re tightening their belts thanks to inflation. So much so that a Lightspeed survey found that one in four consumers will shop on Black Friday only for everyday essentials, such as groceries, toiletries and household […]

Here’s the ‘biggest mistake’ young investors make, says this financial CEO — are your efforts to protect your wealth preventing you from growing it?

If you’re a young investor who’s keeping your cash out of the stock market, one financial expert says it could be the “biggest mistake” you make. Josh Brown, CEO of Ritholtz Wealth Management, argues that focusing too much on protecting themselves from losses can be counterintuitive to building wealth for the long term. Must Read […]

I’m 66 years old, retired, and I own a house in Fort Worth. I have $143,000 cash that I’d like to invest for my retirement — what should I do with it?

This article adheres to strict editorial standards. Some or all links may be monetized. A comfortable home and a healthy nest egg are crucial for ensuring financial security in retirement. With $143,000 in cash, it’s important to avoid letting it sit idle, as inflation and missed opportunities could erode its value. But what should you […]