Dear Quentin, I’m a 68-year-old guy having just worked from home for a year because of the COVID-19 pandemic. I earn about $ 130,000 a year plus $ 35,000 in Social Security, and an additional $ 25,000 in capital gains from a small apartment house, and partnership interests. I have …
Read More »: Biden set to reinstate coronavirus travel bans, add South Africa to list: reports
President Joe Biden will reinstate coronavirus travel restrictions against foreign citizens coming to the U.S. from Brazil, the U.K, Ireland and much of Europe on Monday, according to multiple reports, and will add South Africa to the list. Reuters first reported the pending order Sunday, which was later confirmed by …
Read More »: COVID-19 spread when 5 million people left Wuhan for Chinese New Year, yet 50 million Americans will still travel for Thanksgiving
How will you be spending Thanksgiving? The U.S. Centers for Disease Control and Prevention on Thursday said it was “alarmed” about the 1 million new infections over the last week, and recommended against traveling this Thanksgiving. Potential alternatives include a virtual Thanksgiving meal with friends or loved ones and contact-free …
Read More »The Moneyist: My parents gave my brothers and me $8 million in bonds, stocks and ETFs. I’d like to use my profit to travel. My parents refuse
Dear Moneyist, Last week, my parents surprised my three siblings and I, by giving us an in-life inheritance of $ 8 million U.S. dollars in stocks, bonds, ETFs etc. in a shared account (25% for each). As my brothers and I were discussing that we’d re-invest almost all of the …
Read More »The Moneyist: ‘He paid for all our first-class travel’: My boyfriend, 76, said he’d take care of me. I gave up everything — then he dumped me. Am I entitled to anything?
Dear Moneyist, I am a 72-year-old widow. Three years ago, I met a man, 76. We developed a relationship and, after six months of dating, I moved in with him. He wanted to travel and we did. He paid for all our first-class travel, and very expensive cruises, safaris and …
Read More »: Some of Europe’s biggest travel companies are leaving consumers covering the cost of coronavirus — holding on to cash while handing out credit notes
Failing to hand over refunds to customers is a direct breach of guidance from European and U.K. authorities. Yet several tour operators have failed to refund customers their money. Some of Europe’s largest travel companies are holding on to their customers’ cash months after trips were canceled because of coronavirus. …
Read More »Europe Markets: Gold rallies to record and euro tops $1.17 while European travel stocks slump on Spain quarantine
Passengers wearing a face mask or covering due to the COVID-19 pandemic, arrive at Heathrow airport, west London, on July 10, 2020. daniel leal-olivas/Agence France-Presse/Getty Images Gold surged to a record and the dollar weakened Monday while European travel stocks slumped. As U.S. lawmakers debate another round of stimulus and …
Read More »Key Words: ‘Travel will never, ever go back to the way it was,’ Airbnb CEO says
“ “Travel will never, ever go back to the way it was pre-COVID.” ” That’s the grim view of Airbnb Inc. co-founder and Chief Executive Brian Chesky, in an interview published Sunday by Axios. “I will go on the record to say that travel will never, ever go back to …
Read More »JETS ETF joins the mile-high club, topping $1 billion in assets, even as air travel sinks 90%
Are a group of retail investors about to get grounded? Over the past two months, investors have plowed so much money into an exchange-traded fund with an out-of-favor investing thesis that it’s recently become one of only a handful of ETFs to reach $ 1 billion in assets under management. …
Read More »