fizkes | iStock | Getty Images For anyone getting started with adulthood, the financial stuff can be among the trickiest aspects to navigate. That can be the case even for those who go on to be financial advisors. For these professionals, some advice they regularly give clients now — after years of extra education and
Month: May 2022
Social Security is the primary source of retirement income for millions of Americans. The larger percentage of your retirement income derived from Social Security, the more today’s high inflation rates will bust your budget. The only bright side is high inflation can lead to a larger than standard Social Security cost-of-living adjustment (COLA) How Big
In recent years there has been a significant rise in fintech businesses; businesses who use technology solutions to help deliver financial service products. Experience has shown that these businesses don’t always appreciate how to calculate the amount of UK VAT they can reclaim on their operating costs. There is often a presumption that all UK
Across the nation, this past winter saw construction of more than 50 new campgrounds and RV parks, offering more than 15,000 new RV sites. At the same time, work has continued coast to coast on the expansion of many existing parks. It’s all a result of record recreational vehicle sales, which gained a big boost
In this article DIS Still from “Doctor Strange in the Multiverse of Madness.” Disney The summer blockbuster season has started with a bang. Disney’s latest Marvel Cinematic Universe flick “Doctor Strange in the Multiverse of Madness” snared $185 million domestically over its debut weekend, the highest haul of any movie released in 2022. “Nothing says
George Clerk | E+ | Getty Images There’s an economic idiosyncrasy in the U.K. that makes it “one of the most vulnerable countries in the world right now,” according to an investment strategist. Mike Harris, the founder of Cribstone Strategic Macro, argues that a major problem for Britain is that its mortgage market is “heavily
We are headed for a major retirement crisis. If we do not act soon, the number of poor or near-poor people over age 62 will soar to 21.8 million people by 2045—up 25% from 17.5 million in 2018. In the next 12 years, 40% of middle-class older workers will become poor and near-poor elders. What
Whether used as a private residence or a property with income-generating potential, this 15th century chateau in the department of Lot, in southwestern France, has much to offer. Set near the small village of Strenquels, the stone chateau is deep in the heart of a picturesque region with rocky cliffs, meandering rivers and green hillsides.
In this article BTC.CM= Bitcoin is a volatile asset, and has been known to swing more than 10% higher or lower in a single day. Jakub Porzycki | Nurphoto | Getty Images Bitcoin continued to slide after a broader stock sell-off in the U.S. last week sent the cryptocurrency market into a frenzy and prompted
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures fell on Sunday evening as traders looked for the market to find its footing after a dramatic week of trading. Futures tied to the Dow Jones Industrial Average dropped 124 points, or 0.4%. S&P 500 futures shed 0.6%, while those for
Nirat | Istock | Getty Images It’s no secret the Covid-19 pandemic has been tough on millions of moms. Trying to juggle work amid ongoing child care uncertainties has left many mothers frustrated into the third year of the pandemic. While tough choices between work and parenting were a shock for middle- and upper-income women,
Today’s Social Security column addresses questions about who will and who will not have the 2022 COLA applied to their benefit rates, what happens to divorced spousal benefits when an ex dies and whether SSA actually overpaid benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Only The Rich Can Play: How Washington Works in the New Gilded Age by David Wessel became a must read for me after a favorable review by Edward W. De Barbieri. I was hoping for it to be comparable to Showdown at Gucci Gulch, the great account of the passage of the Tax Reform Act
Handout | Getty Images Entertainment | Getty Images LOS ANGELES – In April last year I took a stroll down an empty Main Street in Disneyland with the head of Walt Disney theme parks, Josh D’Amaro. The California park was a week from opening after more than a year of being shuttered due to Covid-19
Jeff Farschman, 72, is a serial cruiser from Delaware who spends months at sea in retirement. Jeff Farschman For nearly two decades, Jeff Farschman, 72, has spent his golden years like many other adventurous retirees — enjoying leisure cruises to exotic ports of call. But unlike many of his fellow cruise passengers, Farschman basically lives
“We all of us have limited amounts of energy,” said novelist Doris Lessing, “and I am sure the people who are successful have learned, either by instinct or consciously, to use their energies well instead of spilling them about.” Yes, it’s true, and if you want to know why financial resolutions are made—and broken—every January,
There are crises that government rallies to solve—usually because surveys of the population show rising anger and concern and elected officials like to retain that first half of the descriptive term. But there is a host of issues that are deemed less important because they don’t necessarily cross the consciousness of most voters. This is
In this article F RIVN Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Ford Motor is selling 8 million of its Rivian Automotive shares, with the insider lockup for the stock of the once high-flying electric vehicle maker is set to
In this article RUN Sunrun employee Gonzalo Najera carries a solar panel before installation at a home in Alamo, Calif., May 17, 2021. Scott Strazzante | San Francisco Chronicle | Hearst Newspapers | Getty Images Sunrun shares jumped 11% during extended trading Wednesday after the company posted first-quarter earnings results, including a 39% increase in
For decades now, the country’s outstanding student loan debt balance has only trended in one direction: Up. Today, around 44 million Americans owe a combined $1.7 trillion for their education. But it didn’t have to be this way. Legislation like the GI Bill, the National Defense Education Act, and Higher Education Act of 1965 paved the way for
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