U.S. stocks have more than tripled in value since 2009, but the bull market has left a lot of Americans behind. In almost every age group, the share of families owning equities—either directly or through funds and retirement accounts—declined from 2007 to 2016, according to the Federal Reserve’s most recent Survey of Consumer Finances. There’s one […]
Category: Finance
4 tough but essential money questions all couples should discuss before tying the knot
It’s the most popular time of year to pop the big question as 18% of all engagements occur in December, according to Weddingwire.com. But before changing your relationship status, it’s important to understand one another’s financial status. Here are four tough but essential money questions all couples should discuss before tying the knot. Are you a […]
Should You Pay Off Your Mortgage Before Retirement?
Owning a home can lead to a comfortable retirement. In theory, you buy a house when you’re 30, faithfully make the mortgage payments for 30 years and at age 60 you own your house, free and clear. Now you have a solid nest egg and can sail into a worry-free retirement. But more often, here’s […]
Cobalt and Lithium Markets Projected to Grow Due to the Demand of Batteries
The mining industry is very diverse and in recent years, technological advancements have raised demand for certain minerals like Lithium, which is now widely used in researchable batteries. Lithium-ion batteries are an efficient source of energy for rechargeable storage devices, capable of expanding battery durability, and are leading to an increasing power source for consumer electronics […]
Hackers can easily tap into an office phone and listen to everything you’re saying — here’s how
Many offices have IP phones, but did you know that they might be vulnerable to hackers? Depending on the phone, someone could use the device to spy on you remotely. We spoke with Ang Cui, cybersecurity expert and founder of Red Balloon Security, who discovered the exploit in a Cisco phone. Here’s a look at what someone […]
Why Smart People Take Social Security at 62
Many of us daydream about retiring early — and then assume that we can’t. It’s true that if you’re way behind in saving up for retirement, you may have to toil far longer than you’d like. But early retirement is more possible for many people than they think, and Social Security can be a big help […]
Here’s how much we’ll spend on holiday gifts this year
The turkey has been gobbled up, the leftovers packed up … so now it’s time to shop! The winter holidays are here, and that means consumers are ready to spend. This year, holiday retail is expected to reach $682 billion, according to the National Retail Federation. According to a report from NerdWallet, the average consumer will spend […]
Senate plan lets mutual funds skip a tax change that hurts individual investors
Senate plan lets mutual funds skip a tax change that hurts individual investors Tim Steffen discusses Senate tax bill provision that impacts investors 4:36 PM ET Fri, 17 Nov 2017 | 01:04 Following a backlash, the Senate Finance Committee has decided a proposal to prevent investors from minimizing taxes will no longer apply to mutual […]
Is The Stock Market Open The Day After Thanksgiving?
Is The Stock Market Open The Day After Thanksgiving? After a day off for Thanksgiving, is the stock market closed for Black Friday as well? No, but it’ll only be open for a few hours. The Nasdaq and New York Stock Exchange both shutter at 1 p.m. ET, giving you a two-and-a-half day trading break. […]
Jeff Bezos describes the critical business skill he learn…
Amazon CEO Jeff Bezos knows what it takes to build a business worth billions and he has his grandfather to thank for part of his success.
How Trump’s FCC chair could limit your media choices
Federal Communications Commission chair Ajit Pai is adding yet another item to his to-do list. On top of cancelling broadband-privacy and net-neutrality rules, boosting rural broadband and battling robocalls, he wants to make media mergers easier. In a post on the FCC’s site, Pai described this latest ambition as “modernizing our media ownership rules to reflect the marketplace of the present, […]
Roku, Snap, Sogou: 3 Different IPOs, One Investing Strategy
Roku (ROKU), Snapchat parent Snap (SNAP) and Sogou (SOGO) are all 2017 IPOs, but with different chart action. Roku skyrocketed 70% last week on its first-ever quarterly report since coming public. Snap crashed on yet another disappointing quarter as it struggles vs. much-larger Facebook (FB). Sogou, a Chinese search engine from Sohu (SOHU), had a solid first two days after pricing at the high […]