Buy Target Stock. The Retailer’s Problems Won’t Last Forever.
Fashion is fickle, even for trend-friendly Target But the trend might get friendlier for the stock as it looks to put 2022 behind it.
It seems everything that could go wrong for Target (ticker: TGT) has gone wrong this year. Supply-chain problems caused the company to order too many items that consumers no longer want, like clothing and furniture, leading it to slash prices to move inventory.
Why Advisors Are Rethinking The 4% Rule
Nearly 30 years ago, financial advisor William Bengen conceived the so-called 4% rule as a guardrail for retirement budgeting. In essence, it holds that people can fund their retirement adequately by withdrawing or consuming 4% of their financial assets annually, increasing it periodically for inflation.