Moving to a low-cost state could be a mistake that haunts you financially for years

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Living in a low-cost state could hurt you financially (Financial Advisor)

The National Institute for Retirement Security says moving to a low-cost state could do more harm than good over the long run. According to the think tank, younger people who live in low-cost states are hurt by the lower wages that are typically paid there.

Financial Advisor highlights North Dakota as an example, saying while the state has one of the lowest costs of living, the average resident only sees $27,000, on average, of defined contribution account assets.

A look at 2016 presidential candidates' finances (Investment News)

Investment News shared insight into the finances of the 2016 presidential candidates who have submitted their disclosures to the Federal Election Commission. Donald Trump's largest holding is BlackRock's Obsidian Fund, which pays him more than $1 million in interest, dividends and capital gains.

On the student loan front, Democratic candidate Martin O'Malley knows a thing or two. Investment News says the former governor of Maryland and his wife took out as much as $250,000 in student loans each year from 2009-2012 to pay for their childrens' college education.

Meanwhile, the tight finances of Marco Rubio have been well documented. The junior senator from Florida withdrew $68,000 from his retirement plan at a law firm where he previously worked. Finally, Hillary Clinton made more than $5 million form her book, "Hard Choices." Candidates will continue to disclose their finances over the coming weeks.

5 things to know about currency hedging (Charles Schwab)

The strong US dollar has caused some investors to consider hedging their overseas investments to reduces volatility. Schwab says investors looking at the short-term could see increased performance from hedging, but long-term investors are unlikely to see any benefit.

Investors should be aware of the costs associated with hedging. Hedgers must consider the cost of carry (the interest rate differential between the two currencies) and the bid/ask spread. Finally, investors should know that hedging is likely to reduce some of the benefit of diversification.

There are opportunities in commodities (The BlackRock Blog)

Slowing global growth, the anticipated Fed rate hike and excess supply have weighed on commodities in 2015. Blackrock says there is opportunity in the complex despite the Bloomberg Commodity Index trading at a 13-year low. According to BlackRock, but investors should go bargain shopping in the commodity producer space.

Cetera Financial shuts down broker dealer (Think Advisor)

Cetera Financial is shuttering its broker dealer, J.P. Turner, which it acquired in 2014. The announcement comes after it was determined the broker dealer would not be added to Pershing's clearing platform.

According to Think Advisor, about half of the 300 representatives from J.P. Turner will transition to Summit Brokerage Services, another broker dealer owned by Cetera's parent company. The remaining half will be let go.