If you're thinking about retiring overseas, consider these places

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Overseas places to retire (Financial Advisor)

Financial Advisor shared Live and Invest Overseas’ list of top places for Americans to retire outside of the US. Algarve, Portugal heads the list because of its low cost of living, cheap real estate, and the ability to speak English. Coming in second is Cayo, Belize due to its proximity to the United States and the ease of being able to establish residency. In third place is Medellin, Colombia which has cleaned up its violence in recent years.

The 10-year yield is at a 3-year low (Business Insider)

The 10-year yield is on track to close at its lowest level since at least December 2012 as the “risk-off” trade has caused money to rush into the safety of Treasurys. Early buying pushed the US 10-year yield down as much as 14 basis points to 1.53%, but the yield has drifted back up to 1.62% as the day has progressed. A finish below 1.54% would be the lowest since August 2012.

Wells Fargo says election years are bad for stocks (Wealth Management)

Wells Fargo thinks investors should be ready for a difficult year for the stock market. The firm says since 1933 the fourth year of a presidential term has produced an average gain of 6.54%, but just a 1.15% gain, on average, when there’s no incumbent running. According to Wealth Management, Wells Fargo says investors should diversify their portfolios to protect against volatility by investing in investment grade corporate bonds while keeping their stock holdings.

A look at Valentines Day spending by state (Finder.com)

A survey conducted by Finder.com found Kansans spend an average of $117 on gifts for Valentines Day, the tops of any state. Nevada ($112), Idaho ($111) , North Dakota ($108) and Hawaii ($102) are the only other states where people are planning to spend over $100, Finder.com found. On the opposite end of the spectrum, New Hampshireman’s are planning on spending just $31, the least of any state.

Advisors on the move (Think Advisor)

LPL Financial announced ITI Strategies is joining its broker-dealer platform. ITI brings $200 million in assets while serving clients in 20 states, mostly in the northeast. “We believe that by transitioning to LPL and Private Advisor Group we can operate our business more efficiently and also gain the flexibility to be able to better serve the interests of our clients,” said ITI head Lawrence DeNoia.

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