Cash-strapped seniors should weigh pros, cons of reverse mortgages [CNBC]
Solidion Technology, Inc. (STI)
Last solidion technology, inc. earnings: 10/17 06:00 am
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Source: CNBC
show chapters You don't have to be old, poor and stupid to get a reverse mortgage. Despite still being hawked on late-night infomercials along with miracle solvents, indispensable kitchen utensils and can't-fail weight-loss programs, reverse mortgages are becoming an increasingly popular and practical product for Americans who need income in retirement. "Those late-night ads are a really bad idea for the industry," said John Salter, a certified financial planner with Evensky & Katz/Foldes Financial and an associate professor at Texas Tech University. Salter sees reverse mortgages, despite their less-than-stellar reputation, as a valuable tool for retirement planning. They can help older Americans stay in their homes during retirement, they can reduce expenses that might otherwise exhaust retirees' financial resources, and they offer greater flexibility than traditional mortgages or home-equity loans for borrowers. "People have to focus on what their
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News
- Solidion Technology Reports Results for Full Year 2023 [Yahoo! Finance]Yahoo! Finance
- Solidion Technology Reports Results for Full Year 2023GlobeNewswire
- Solidion Technology, Inc. Announces Pricing of $3.85 Million Private Placement [Yahoo! Finance]Yahoo! Finance
- Solidion Technology, Inc. Announces Pricing of $3.85 Million Private PlacementGlobeNewswire
- Solidion Technology's Lithium-Sulfur Batteries on a Launch Pad to Accelerate the Takeoff of the eVTOL Aircraft Industry [Yahoo! Finance]Yahoo! Finance
STI
Sec Filings
- 4/19/24 - Form 8-K
- 4/15/24 - Form S-1
- 4/12/24 - Form 10-K
- STI's page on the SEC website