|
Iran war already taking a toll on the global economy, IMF says in new forecast The Washington PostMiddle East War Will Slow Global Economic Growth, I.M.F. Warns The New York TimesIMF warns global economy at risk of recession if Iran war persists BBCJoint Statement on 13 April by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group IEA - International Energy AgencyIMF Warns of Deep Global Downturn if
|
|
Security researchers have uncovered a sophisticated phishing campaign that impersonates the IRS and exploits Musk's name to steal victims' personal and financial information.
|
|
War threatens to wreak havoc with the global economy, IMF warns politico.euMiddle East War Will Slow Global Economic Growth, I.M.F. Warns The New York TimesJoint Statement on 13 April by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group IEA - International Energy AgencyIran war escalation could trigger global recession, IMF warns The Guardian
|
|
Adams Street Partners has picked up $7.5bn including leverage for its third private credit fund, citing strong demand from both existing and new institutional backers.
The post Adams Street seals $7.5bn of new private credit firepower through new fund close appeared first on AltAssets Private Equity News.
|
RELATED ARTICLES | | |
|
Middle East War Will Slow Global Economic Growth, I.M.F. Warns The New York TimesJoint Statement on 13 April by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group IEA - International Energy AgencyIran war escalation could trigger global recession, IMF warns The GuardianIMF says Iran war "halted" global economic momentum, expects hotter inflation Axios
|
|
The April FMS was eagerly awaited given the oil price shock caused by events in the Middle East. While sentiment darkened, though, investors seem reluctant to cut risk significantly.
|
|
Most people view debt as something to be avoided at all costs. But that's because most people don't use debt properly. A prime example of improper debt use is the credit card. People charge too much, fail to pay the card in full at the end of the month, then find themselves unable to pay down the debt without also paying exceedingly high interest, often for years.
However, some kinds of debt, such as a securities-backed line of credit, or SBLOC, can be helpful. They can even save or earn you money. SBLOCs are rolling lines of credit based on the value of assets in your accounts. They're excellent ways to use debt to your advantage.
How Securities-Backed Lending Works
Borrowing money by collateralizing securities held in after-tax investment accounts is called securities-backed lending. The interest rate will often be lower than other types of loans, and you'll generally get access to funds in just a few days.
SEE MORE 3 Dated Rules of Thumb Retirees Should Think Twice About
However, as with almost anything, there are caveats to taking out an SBLOC. While you can keep buying and selling securities in the collateralized account, you can't use the loaned money for other securities-based dealings, such as trading or buying. And setting up an SBLOC will make it more challenging to move those collateralized assets to a different firm.
As an example of how SBLOCs can benefit you, suppose you need $75,000 for a one-time purchase of a car or a once-in-a-lifetime vacation. A typical way to acquire it would be to sell assets in a retirement account. That presents a number of drawbacks:
First, your income for that year would increase by $75,000 and could put you in a
|
|
