Thursday, January 9, 2020

Most Americans Think They're Disciplined With Money.

People often struggle to know whether or not they're on track financially. How do you know if you're saving too much or too little? Are you really ready to take on a mortgage? The answers to these questions are rarely clear-cut.

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The numbers don't lie. Americans are overconfident when it comes to being financially disciplined. The financial habits study found that 59% of those surveyed felt they were financially disciplined, but their savings accounts told a different story.

Publisher: The Ascent
Date: 2020-01-09T08:00:00-05:00
Twitter: @TheAscentMoney
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Not to change the topic here:

Cruz suggests Iran's missiles were paid for with money from nuclear deal under Obama

SAN ANTONIO (KTSA News) – Senator Ted Cruz is suggesting that Iran’s missile attack on U.S. forces in Iraq was paid for with money paid to Iran as part of the nuclear deal under the Obama administration.

“They literally flew $1.7 billion dollars in cash, in unmarked bills on pallets in the dead of night into Iran,” Cruz said on Sean Hannity’s show on the Fox News Network. “In a very real sense, the missiles that we saw fired on U.S. service men and women were paid for by the billions that the Obama administration flooded the Ayatollah with.”

Publisher: KTSA
Date: 2020-01-09T11:55:15 00:00
Twitter: @ktsanews
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How 1 Little-Known Business Makes Almost All of Amazon's Money | The Motley

Earlier this week, Amazon announced that its retail operations had another record-breaking holiday quarter, with millions of its own devices flying off the shelves and over one billion items shipping for free in the U.S. thanks to the company's Amazon Prime offering.

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The truth is that Amazon does make some money with its marketplace, but it pales in comparison to how much the company's real cash cow makes.

In this video from our YouTube channel , we break down Amazon's business and explain how Jeff Bezos and company have attacked the online opportunity.

Publisher: _____
Date: 2020-01-08T15:30:00-05:00
Author: _____
Twitter: @themotleyfool
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Hobbies you can actually make money on

After a long week of work, many Americans spend their weekend pursuing a hobby. Hobbies can include creating things, collecting items, or engaging in some form of physical activity. 

Hobbies can be relaxing, engaging, and satisfying to take part in. People are involved in hobbies because they are passionate about them. Many people sink hundreds and even thousands of dollars into their hobbies. Yet others are so good at their chosen pastime that they can actually make money off their hobby. 

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Other things to check out:

Why Is The City Wasting Public Money On Unwanted Projects?

Dear Mayor Kirk Caldwell: I'm writing this to express my extreme frustration at the way the City and County of Honolulu implements new and largely unwanted and even illegal projects.

The gates project at a Diamond Head park is a perfect example of the kind of inefficiency in government that needs to be addressed.

For those that are not familiar with the issue, I would send you to Denby Fawcett's article, "City Blocks Public Access Along Diamond Head Seawall."

Publisher: Honolulu Civil Beat
Date: 2020-01-09T10:01:42-10:00
Twitter: @civilbeat
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4 signs you're spending your retirement money too quickly

Retirement isn't the time to realize that you're running out of money. But, Greg DuPont, a financial planner in Columbus, Ohio, says running out of money is avoidable with careful considerations of how you spend, withdraw, and save money. In his 15 years as a financial planner, he's come to find that it's all about balance.

Abiding by the 4% rule, the strategy of starting your retirement by planning to take out 4% of your nest egg per year, might not work any longer . DuPont says if you don't want to outlive your savings, you might have to plan on taking out less.

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The Money Secrets Couples Keep From Each Other - VICE

Fitz-James was hesitant to share information about the inheritance with her long-term boyfriend. They never spoke of finances despite the fact that the two were almost engaged.

"With past partners we never spoke about cash because they had it and I didn't," said Fitz-James. "They ended up paying for everything because that was the gendered expectation. I had definitely taken advantage of being the poor girlfriend in the past."

Those secrets are rooted in concepts of financial infidelity : deception around cash. It ranges from things like hiding bank accounts and credit cards, to holding back information about debts, to making major purchases without consulting your partner.

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Publisher: Vice
Date: 2020-01-09T11:00:00Z
Author: Graham Isador
Twitter: @vicecanada
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Rarely Is Money Made Easily on Wall Street - RealMoney

As far as the Iran saga plays out, we know the biggest volatility will be in energy and gold. If you aren't comfortable watching positions nearly 24/7 in those sectors, then make certainly you define your risk and don't extend yourself into the possibility of ruin. I still feel cybersecurity is the best risk/reward trade-off as an ancillary play. CrowdStrike ( CRWD ) continues to top the list for me, but there are plenty of plays.

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There was a weakening technical picture for the housewares retailer even before it posted a surprise third-quarter loss.

Publisher: RealMoney
Date: 2020-01-08T12:21:18.000-0500
Author: Timothy Collins
Twitter: @@TheStreet
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