Here are the mistakes to avoid so all those credit cards don't end up costing you. Every credit card you have means another bill to keep track of. If you have credit card payments due on several days, it's easy for one of those to slip your mind.
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Credit card companies don't operate out of the goodness of their hearts. The latter is a huge source of income for credit card companies. In fact, a new report by The Ascent reveals that in 2020, the credit card industry took in $76 billion in interest income alone.
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The closer you get to retirement, dividend income will rank higher among your investing objectives. Many dividend stocks won't provide all that much income each year. Investing $100,000 spread across these three dividend stocks could give you added income of close to $7,700 per year.
Whether you buy a car new or used, the dealer might try to load you down with add-ons and accessories of every sort — and they're likely to tell you that it will only add a few dollars to the...
The Biden administration is working to get $700 million to workers in hard-hit industries.
Most Americans have some credit card debt. A recent GOBankingRates survey found that 30% of Americans have between $1,001 and $5,000 in credit card debt, 15% have $5,001 or more in credit card debt...
Currently, everyone has a lifetime exemption of $11.7 million that they can gift tax-free. Here’s one of my favorite strategies: Everyone can give up to $15,000 tax-free to anyone under the current (2021) annual gift tax exclusion. This means that a married couple can give their kids, grandkids, and any other individual $30,000 a year ($15,000 per person) completely tax-free.
Scott Minerd, global chief investment officer for financial firm Guggenheim, predicts that the stock market could drop 15% by November, according to a report by Business Insider. He blames the...
Chinese real estate is down. It's time to pay attention.
Homeownership is far from the only path to happiness and financial security.
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For more than a decade, growth stocks have been in favor on Wall Street. To begin with, dividend stocks have a much better long-term track record than companies that don't pay a dividend. A report from J.P. Morgan Asset Management, a division of JPMorgan Chase, found an almost 500% higher annualized return from companies that initiated and grew their payouts between 1972 and 2012 (9.5% annual return), relative to stocks which didn't pay a dividend over the same four-decade stretch (1.6% annual return).
Rachel Cruze is a personal finance expert and the author of "Know Yourself, Know Your Money." She is also the host of "The Rachel Cruze Show," where she shares practical tips to save more money, get...
- Associated Press
A jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes got its first chance Friday to listen to recordings of her boasting to investors about purported breakthroughs in a blood-testing technology. The drama unfolded in a San Jose, California, courtroom with federal prosecutors playing a series of recordings from a December 2013 conference call that Holmes held with investors in Theranos, the company she started in 2003 after dropping out of college at 19 in hopes of becoming a revered visionary in the mold of Apple co-founder Steve Jobs. The audio clips of Holmes capped the sixth week of a high-profile trial revolving around allegations that Holmes duped sophisticated investors and major retailers with bogus promises about a Theranos device dubbed Edison.
The Central Bank of Nigeria (CBN) will launch its digital currency, the eNaira, on Monday, Bloomberg reported. The eNaira, which is intended to complement the physical Naira rather than replace it, will “make financial transactions easier and seamless for every strata of the society,” the CBN said in emailed statement on Saturday, according to the report. The launch had originally been set for Oct. 1 to Oct. 4 but was delayed in deference to the 61st anniversary of Nigerian independence on Oct. 1.
The Great Crash that began on Oct. 24, 1929, demolished every investing strategy that didn’t include stuffing cash into mattresses. Are we on a similar trajectory now?
ARK’s daily email disclosure revealed the firm has bought 2.1 million shares in Skillz, worth an estimated $20.8 million.
The pandemic put only a temporary damper on the housing market, as the market has rebounded robustly, hotter than ever. The median home price in August 2021 was $356,700, up 14.9% from August 2020,...
Stimulus Alert: Manchin Wants Child Tax Credit Earnings Limit at $60K — Is It a Realistic Threshold?
Among cuts to President Joe Biden's "Build Back Better" reconciliation plan is the enhanced monthly child tax credit. Right now, it looks like the CTC will only be extended for another year, instead...
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Simple technology could reduce insurance premiums and prevent devastating damage, so why aren't more people using it?
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Mark Cuban compares the crypto boom to the dot-com bubble, defends Robinhood, and calls for stablecoin regulation in a new interview. Here are the 10 best quotes.
The "Shark Tank" star and billionaire owner of the Dallas Mavericks celebrated how crypto has encouraged millions of young people to invest.
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Retirement plans are useful, but having money in a brokerage account as well could work to your benefit.