Foreign Arms Sales Boom Under President Trump

President Donald Trump says he wants to “make America’s military strong again” — but first things first. Before we get around to strengthening America‘s military, we need to export a few weapons to our allies.

And so it was that on the very first day of the Trump Administration, the U.S. Defense Security Cooperation Agency (DSCA) notified Congress of plans to sell $1.3 billion in weapons systems to U.S. allies around the world. The sales comprise four separate contracts, beginning with…

President Trump’s international deal-making is more than just hot air — as demonstrated by an imminent sale of military blimps. Image source: Lockheed Martin.

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When Should You Retire?

When should you retire?

The short answer is when you’re financially and mentally prepared to do so, but there is much more to it than that. To retire comfortably, you’ll need to know how much retirement income your savings, pensions, and Social Security can sustainably create, as well as how your basic needs will be met, such as healthcare. Here’s a quick guide that can help you determine what your idea retirement age will be.

Image Source: Getty Images.

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Don’t Get Sucked In by These 2017 Tax Scams

It can be hard enough to hand over some of your hard-earned dollars to Uncle Sam each year in taxes, but it’s even more painful if you fall for a tax scam and end up enriching some crooks. Learn more about common tax scams so that you can recognize — and avoid! — them.

Image source: Getty Images.

Within a month or two, our friends at the IRS will likely be releasing their latest list of top tax scams. Many are likely to be holdovers from their 2016 “Dirty Dozen” list of scams. Here’s a review of those scams — any of which could cost you in 2017 if you’re not careful. 

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Interactive Brokers vs. Capital One: A Comparison of Discount Brokers

Before you can start investing in stocks or funds, you’ll need to open a brokerage account to start placing your trades. But with so many brokers out there to choose from, and so many features on which to compare them, selecting the best brokerage can be a chore.

We’ll simplify it today by looking at just two popular brokerages, Capital One and Interactive Brokers, to compare them on criteria that long-term investors should care about most.

No matter which broker you ultimately choose, you’ll find that trading costs are very affordable. In general, prices tend to vary only by a few dollars, which makes price just one of many factors to consider when selecting a brokerage account. Here’s how these two brokers compare on the basis of trading costs by type of investment.

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Oil and Gas Stock Roundup: M&A, Analysts Fuel Oil Stocks This Week

Silhouettes Of Pumpjacks And Oil Workers

Image source: Getty Images.

Crude prices eked out a slight gained for the week, rising 0.1% and closing at $51.42 per barrel. That relatively calm oil market meant that oil stocks needed other catalysts to fuel big moves this week. Those arrived in the form of another major M&A deal, as well as several bullish analyst notes, which, according to data from S&P Global Market Intelligence, fueled the biggest stock moves in the energy market this week. Leading the way were Clayton Williams Energy (NYSE: CWEI), Sanchez Energy (NYSE: SN), Basic Energy Services (NYSE: BAS), and Emerge Energy Services (NYSE: EMES).

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About to Take Social Security? Read This First

If you’ve worked enough, you’ve probably got Social Security benefits coming your way — and “enough” is generally about 10 years. Before you start collecting those benefits, though, learn a little more about Social Security so that you can make the most of the system. Here are some key things to know about your Social Security benefits.

Social Security Benefits Retirement Income Financial Future

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If you don’t know what to expect from Social Security, it will make any retirement planning rather difficult — or inaccurate. You can get a good idea of how much you can expect to receive in retirement from Social Security at the Social Security website.

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What Investors Might Have Missed in the Markets This Week

Gettyimages

Image source: Getty Images.

The markets have largely rallied since the November election result, and managed to squeak out a minor gain for the week after President Donald Trump’s inaugural speech Friday. The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) rose 0.48% and 0.34%, respectively, for the week.

“Trump has made it clear that as early as today, and certainly by Monday, we’ll see actions in terms of the executive orders that will set the tone for the administration and convey his priorities. If we don’t get anything dramatic in the address, we’ll get it soon,” said David Joy, chief market strategist at Ameriprise Financial, according to MarketWatch.

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