Vanguard will pay $106 million over ‘misleading statements’ about retirement funds

Retail investors in target retirement funds faced higher tax liabilities as a result, the SEC said Vanguard agreed to pay $106.4 million to the Securities and Exchange Commission Friday to settle charges for “misleading statements” connected to its target retirement funds that resulted in higher taxes for retail investors, the regulator said. Vanguard — one …

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Saylor’s risky Bitcoin strategy: Buying high, losing fast, and inflating MSTR premiums. Saylor put $561m at ~$106,662 into BTC, pushing to the ATH top.

MSTR’s latest BTC buy shows Saylor’s strategy relies on 2 things: “numbers go up” and exciting the less sophisticated herd. MSTR issued $561mm of stock between Dec 16-22. And bought $561mm of BTC at $106,662 – and he’s already lost 10% on that latest BTC buy over the weekend.… pic.twitter.com/QHdcjlzcW1 — Novacula Occami (@OccamiCrypto) December …

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Land Of Confusion! US Mortgage Demand Drops 3.7% From Previous Week, Under Biden: Mortgage Purchase Demand Down -44%, Refi Demand Down -87%, Mortgage Rates UP 106%

by confoundedinterest17 Under Biden, the US economy is a land of confusion. Under Biden’s Reign of Error, Mortgage Purchase Demand is down -44%, Refi Demand is down -87%, and Mortgage Rates are UP 106%. Mortgage applications (demand) decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for …

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