Author: Euronews

The 30:30:30:10 rule can be applied to both income and pension planning and can go a long way in helping you budget, achieve retirement goals and reduce portfolio risk. ADVERTISEMENTPension planning has been a key topic in the last few months, amid the current economic uncertainty involving higher interest rates, rising inflation and the cost of living crisis in many countries. This has left some workers wondering if they are saving enough for their pensions, and if not, worrying about how to attain their retirement goals in a sustainable and comfortable way.This, in turn, has resulted in the rise of…

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French companies are buying back their shares like never before. Reportedly, the French government is planning to tax these buybacks. ADVERTISEMENTHeavy-weight French companies with very large profits spent a record €33 billion last year buying back their shares from shareholders. What is a share buyback and why is it good for the company?What happens is that, rather than rewarding shareholders by paying them dividends, a company can choose to have similar results through share buybacks. When the company buys back shares, the stock price goes up because of the increased demand in the market, ensuring that the remaining investors’ investments increase…

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