Vanguard Says People Under 55 Are Making This $130K Mistake When Rolling Money Over From Their 401(k) To IRA

Vanguard Says People Under 55 Are Making This 0K Mistake When Rolling Money Over From Their 401(k) To IRA

Retirement vehicles like 401(k) and individual retirement accounts (IRA) offer multiple tax benefits, high annual contribution limits, and investment options tailored to grow your hard-earned money with the power of compounding interest. Many 401(k) account holders choose to roll over their 401(k) investments into a traditional IRA for more personalised investment choices, better control over … Read more

Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects

Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects

Beauty brands often showcase resilience during market downturns. When budgets become strained, especially during recessions, people refuse to give up on smaller luxuries like beauty and skincare products. The trend of splurging money on beauty and affordable luxuries when cash is tight and the economy is weak was theorised as the “lipstick index.” However, the … Read more

US VP Candidate Tim Walz Broke His Retirement Nest Egg To Withdraw $135,000 For Daughter’s College Education

US VP Candidate Tim Walz Broke His Retirement Nest Egg To Withdraw 5,000 For Daughter’s College Education

US Vice Presidential candidate Tim Walz, 60, worked in multiple professions over the decades before becoming the 41st Minnesota Governor in 2019. He holds a master’s degree in education leadership and has implemented several progressive policies, including free school meals and better worker leave terms. The financial impact of these policies and Walz’s records on … Read more

‘I Just Want To Close The Wealth Gap!’: Comedian Asks Nancy Pelosi What Stocks To Buy And Is Escorted Away

‘I Just Want To Close The Wealth Gap!’: Comedian Asks Nancy Pelosi What Stocks To Buy And Is Escorted Away

Conservative comedian Alex Strenger was escorted away after he asked Democratic Congresswoman Nancy Pelosi which stock to buy as she signed copies of her new book, “The Art of Power,” at the Texas Tribune Festival in Austin on September 8. Strenger posed as a Democrat, wearing a face mask and a Bernie Sanders baseball cap, … Read more

Financial Planner Reveals How Much Money Soon-to-be Retirees Should Have In Emergency Funds

Financial Planner Reveals How Much Money Soon-to-be Retirees Should Have In Emergency Funds

People save in emergency funds to overcome unexpected expenses like medical bills and home repairs or to stay afloat during job losses. However, high borrowing and living costs, relatively muted wage growth, job losses, and lower-than-expected job openings have severely strained US household budgets. The mounting pressure to accommodate rising costs has stunted Americans’ ability … Read more

Blackstone Hiked Rent Prices At Double The Market Rate in San Diego, Allegedly Uses RealPage’s Rent Fixing Software: Report

Blackstone Hiked Rent Prices At Double The Market Rate in San Diego, Allegedly Uses RealPage’s Rent Fixing Software: Report

RealPage is facing an investigation for colluding with homeowners using its proprietary software to abnormally hike rents nationwide. Expect Best/Pexels.com Blackstone is the largest alternative asset manager in the world, with over $1 trillion in assets under management. The recent “Helter Shelter: How Blackstone Contributes to and Profits from California’s Broken Housing System” report from … Read more

401(k) Millionaires In The US Reach All-time High in Q2: Here Are 4 Strategies They Use

401(k) Millionaires In The US Reach All-time High in Q2: Here Are 4 Strategies They Use

According to Fidelity’s Q2 2024 retirement analysis report, the number of 401(k) millionaires in the US reached another record high, 497,000, up from 485,000 in the preceding quarter. Fidelity attributed the steady growth over the last few quarters to an improving macroeconomic landscape and more 401(k) participants starting early and steadily contributing to the employee-sponsored … Read more

Dave Ramsey Show Host Shares Why New Mortgage Trend ‘Assumption Loans’ Scares Him And Why You Should Be Wary, Too

Dave Ramsey Show Host Shares Why New Mortgage Trend ‘Assumption Loans’ Scares Him And Why You Should Be Wary, Too

Bestselling author and co-host of “The Ramsey Show,” George Kamel went from negative net worth to a millionaire status within a decade by following Ramsey’s proven money plan. Kamel is committed to breaking down complex money topics and busting money myths to help people save more while avoiding financial pitfalls. In a recent YouTube video, … Read more

From Call Centre Representative To CEO: ModernMillie Shares How To Create, Market And Sell Your eBook In 5 Steps

From Call Centre Representative To CEO: ModernMillie Shares How To Create, Market And Sell Your eBook In 5 Steps

Millie (Camille) Adrian, aka ModernMillie, never imagined becoming a full-time content creator running her own business. She was pursuing a teaching degree in college before an intense injury forced her to drop out and settle with a low-impact job as a call centre representative almost a decade ago. Adrian wasn’t ready to give in. Her … Read more