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Catholic influencer's 5-year-old son dies after contracting flu NBC NewsInfluencer Paul Kim's Son, 5, Dies After Contracting Severe Case of the Flu People.com5-year-old son of Catholic speaker Paul Kim passes away Catholic News AgencyInfluencer Paul Kim's Son Micah, 5, Dead After ‘Medical Emergency' Us Weekly
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The legendary 95-year-old investor spent decades building his company into one of the world's largest and most powerful. Now Greg Abel is taking it over.
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Playoff Quarterfinal at the Goodyear Cotton Bowl Classic Recap College Football PlayoffDay: Buckeyes' disastrous start in loss falls on me ESPNMiami, a 9.5-point underdog to Ohio State, pulls off biggest College Football Playoff upset - The Athletic The New York TimesOhio State's $35 Million College Football Playoff Flop The Wall Street JournalCanes Defeat Buckeyes, Advance to CFP Semis University of Miami Athletics
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Swiss Alps Ski Resort Fire: What We Know The New York TimesLive updates: About 40 killed in New Year's Day fire at Swiss ski resort, police say CNN'Horror on the dancefloor' and 'Traitors twist' BBCAbout 40 people dead and 115 injured in fire at Swiss Alpine bar during New Year's celebration AP NewsWitnesses Recount Fire That Killed 40 in Switzerland The New York Times
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Crypto soared in 2025 — and then crashed. Now what? NPRCryptocurrency slump erases 2025 financial gains and Trump-inspired optimism The GuardianBTC, ETH price analysis: Bitcoin, ether drop 22% in one of their weakest Decembers CoinDeskBitcoin Swings All Year, Marks First Annual Decline in Three Years ?????Bitcoin Drops 32% After Eric Trump's Optimistic Crypto Forecast Coinfomania
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Live updates: Communities clean up on New Year's Day after storm moves through SoCal ABC7 Los AngelesRecap: Rose Parade rolls on through the New Year's Day rain NBC Los AngelesSanta Barbara to Ring in New Year with Storm Bringing Flood Risk, High Winds, and Beach Hazards The Santa Barbara IndependentSoCal in for more holiday rain. What to know about the timeline, evacuation warnings Los Angeles Times
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‘It happened in seconds': sudden inferno brings horror to Swiss ski resort The GuardianLive updates: About 40 killed in New Year's Day fire at Swiss ski resort, police say CNNAfter Swiss Alps New Year's Eve bar fire, a look at some of America's worst nightclub and bar fires CBS NewsWitnesses Recount Fire That Killed 40 in Switzerland The New York TimesAbout 40 people de
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Congress failed to extend Obamacare subsidies. This Democrat says Trump can save them NPRAmericans brace to start New Year without healthcare BBCCook County hospitals brace for influx of uninsured patients with Affordable Care Act subsidies expiring CBS NewsUS health insurance costs to rise by 114% for millions as subsidies expire France 24
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Gold and silver are on pace for their biggest yearly percentage gains since 1979.
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For investors worldwide, 2025 was anything but boring: It was great for metals, surprisingly bad for crypto and particularly nice for stocks outside of the U.S.
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Companies in the region have raised $6.5bn this year so far, down from $9.9bn in 2024
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Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
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Nobody likes a down stock market - or do they?
Almost every conversation I have had with clients this year included some amount of fear over where the markets are and where they are headed. The concerns range from losing a few more percentage points (possible) to losing 100% of their money (absurd). If an investor in a moderate portfolio lost all their money because the stock market went to zero, you would have much bigger things to worry about than your money. There wouldn't be anything to buy with it anyway. You'd need to learn farming skills ASAP, because there would be no more stores to buy anything from. The world would have, for all intents and purposes, ended. So clearly this is not a rational fear.
SEE MORE The Good News About Recessions for Investors
On the other hand, could the markets drop to a level we saw before the July/August rally? Sure, it could. It could even go a bit lower.
The issue isn't that the market could go lower at any given point, the issue is what will it ultimately do? The answer to that question in the past has always been that it moved higher - eventually. As we know, markets go both up and down, but they have always trended higher. This time and the next 10 after it will ultimately be no different, regardless of the reason it goes down.
Bear Market Statistics Offer Reassurance
Since 1950, we have seen 11 bear markets (defined as a drop of at least 20% from its most recent high). The average duration of those bear markets was 13 months, and the average drop in the markets was -33%. By comparison, during that same time period, bull markets have lasted 67 months on average and experienced a total return of 265%. *
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