Friday, January 31, 2020

Chickasaw officials vote to cut their own pay to save city money | WPMI

Publisher: WPMI
Date: 2020-01-30T19:31:10 00:00
Author: Andrea Ramey
Twitter: @mynbc15
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Quite a lot has been going on:

Minimizing Arguments About Money - WSJ
Publisher: WSJ
Date: 2020-01-30T15:37:00.000Z
Author: Dan Ariely
Twitter: @WSJ
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This simple formula tells you how long it will take for your money to double — while you sit back

If you put your money in the right places, it can grow substantially over time, thanks to the power of compound interest. It could even double, while you don't have to do a thing.

Want to figure out just how fast your money could grow? The "Rule of 72" approximates how many years it will take for your money to double, given a fixed rate of return.

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Try plugging in various interest rates from the different accounts your money is in, from savings and money market accounts to index and mutual funds. For example, if your account earns:

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Calling the Police Too Often Can Cost You Money

KTUU (Anchorage) -- People are encouraged to call police when a crime is witnessed or when someone needs emergency help. But it turns out, calling too often can lead to a financial hit for property owners.

"They said I was calling too much," Gilbert told KTUU during an interview from her garden-level condominium, which she's owned for decades.

She admits she doesn't hesitate to call police when she's worried about something, especially when she hears what sounds like gun shots, and when she feels she or someone else is being harrassed.

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Date: 9CD4A96D8A076527F07FD24CFCDE5489
Author: Jill Burke
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While you're here, how about this:

There's No Money To Be Made In Money Anymore | RealClearMarkets

But what to do? In any natural human setting, anyone would respond to that question by first asking another. What had been the problem?

Four and a half months later, officials still don’t know. This isn’t to say they haven’t provided some guesses; they have. A lot of them. Suspiciously too many.

If you were to pin down Jay Powell and ask him to explain specifically in detail what had occurred and if he answered you honestly, he would have to say he didn’t know. And that’s incredibly odd in a very profound way not the least bit of which is because the Fed’s been very, very busy since October.

Twitter: @realclearmarkets
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Dulos, money bail and an ongoing conversation about bond reform

The Dulos case — for all its salacious, tragic detail — underscores the outsized role that money and private, for-profit bond agencies play in a cash bail system like Connecticut’s, officials say, and points to an urgent need for reform.

“Money is a stakeholder in the system,” said Alex Tsarkov, executive director of the Connecticut Sentencing Commission, noting that the United States is the only country in the world besides the Philippines to have such an arrangement.

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Publisher: The CT Mirror
Date: 2020-01-30T10:00:02 00:00
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How much an 11-year-old will have by retirement if he invest his money

Since the end of December 2018, Colin Flynn, 11, has invested $420 in Nintendo, Tesla, Apple, Starbucks, Boeing, Chipotle, Nike, Uber, Amazon and Google stocks.

"For Christmas of 2018, Colin requested money to buy stocks, which is where the majority of the funds came from," Sullivan tells CNBC Make It . "It was pretty much the only thing he asked for that year."

Flynn is smart to start investing early . So far, his investments, which he made over the course of five months using the chore chart app BusyKid , have earned him $119.16 for a return of 28.37%.

Publisher: CNBC
Date: 2020-01-30T19:56:29 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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What should you do with money in a recession? Here are 3 smart moves

It might sound silly to talk about a crashing stock market in 2020. After all, the Dow Jones Industrial Average seems to hit a fresh record high almost every day, and there's no sign that things will turn south anytime soon.

With that in mind, here's a simple three-step playbook if the stock market experiences a correction or even a full-on crash in 2020.

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Here's something you should do on a regular basis, regardless of how strong or weak the stock market is.

Publisher: USA TODAY
Author: Matthew Frankel CFP
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