Top Ten: Weekend reads: life, money and the stock market
Stock buybacks are more important to your financial health than you might realize. Companies boast of “returning capital” to you the shareholder by buying back shares. Some buybacks can help investors. But often what’s really going on is a giveaway to senior managers at your expense, Ben Hunt explains.
Here’s a 15-year chart showing the total return (with dividends reinvested) of the S&P 500:
You can see how well the stock market recovered from the financial crisis and the tremendous growth is has experienced after that. All this worked out well provided you could wait for the recovery. But what if you are a retired investor? How likely are you to face a similar market crash-and-recovery cycle? Mark Hulbert gives the odds.
Shareholder resolutions are a way for investors — even individuals with as little as $2,000 in a company’s stock — to raise concerns over how a company is run. In recent years, resolutions have brought about changes in corporate governance, improved efforts to curb pollution and other environmental damage and modernized policies to prevent discrimination against employees. But the Securities and Exchange Commission is now considering changes that may make it much more difficult for smaller investors’s voices to be heard, according to Lisa Woll, CEO of US SIF: The Forum for Sustainable and Responsible Investment.
The real plastic pollution problem — and some solutions
Jurica Djumovic explains how the oceans are being polluted with plastic (the real culprit may surprise you) while also describing new technologies that may help clean it up.
Estate planning to benefit a troubled child
Quentin Fottrell — MarketWatch’s Moneyist — helps an elderly couple worried that leaving $1.6 million to someone who cannot manage money won’t do any good.