Monday, June 8, 2020

Council Post: Three Ways To Make Money Even During A Recession

People often ask me the best industries to get into if you are focused on making money. First of all, I always encourage people to find something they love because that will naturally make them more motivated and passionate — which then becomes easier to monetize. However, if you find yourself focused more on making money during these uncertain times, here are the three areas I believe have proven to be the most profitable regardless of the economy.

* * *

Think about it: When you rent, at the end of the day, you have nothing to show for it. When you buy and pay a mortgage bill every month, the end goal is to eventually get your money back by either selling your property for a profit or simply building equity.

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Publisher: Forbes
Date: 2020-06-08
Author: Gabriela Berrospi
Twitter: @forbes
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Many things are taking place:

Is police money the new real estate money? | CSNY

There are a lot of people, organizations and causes whose campaign donations are politically toxic to Democrats in New York – and the list keeps growing. Donations from police unions are the newest addition to that list. 

Although criminal justice reform is on the agenda for many Democratic legislators, most still accept money from police groups that generally oppose those changes. After all, they are the party of organized labor, and law enforcement unions are unions. About 50 Democratic state legislators have accepted donations from police, corrections or court officer unions, including Assembly Speaker Carl Heastie, state Sens.

Publisher: CSNY
Date: 2020-06-07T21:00:00-04:00
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These money and investing tips can help you figure out if the stock market's rally can

These money and investing stories, popular with MarketWatch readers this past week, offer ideas about how to manage your financial portfolio and invest strategically at a time when the U.S. stock market has powered back from its March lows and logged its best 50-day run ever.

These stocks for your buy list have strong momentum and solid potential
Buy this, not that — 5 stocks to trade into now and 5 to avoid

Market volume doesn't lead stock prices, writes Mark Hulbert.
Stock trading should be heavy this summer but bulls might not have their day in the sun

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Publisher: MarketWatch
Date: 2020-06-07T12:42:00-04:00
Author: MarketWatch
Twitter: @marketwatch
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Here's how managing your money will change because of COVID-19 - News - Citizens' Voice

Walking into a bank branch and talking to a teller is one of those how-we-handle-our-money moments that vanished as "stay-at-home" orders went into place.

So, frankly, as branch lobbies closed, some credit union customers found it a thrill in late March and April to be able to talk to a real teller on a video screen at drive-thru locations such as the Berkley branch of the Michigan State University Federal Credit Union.

"It's really nice to have someone to talk to," said Tarissa O'Malley, assistant vice president of branches for Michigan State University Federal Credit Union.

Date: 2020-06-08T04:00:00Z
Author: By Susan Tompor Detroit Free Press
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This may worth something:

Vivid Money launches together with solarisBank and Visa in Germany - solarisBank (news)

Berlin – 08.06.2020. Vivid Money, the mobile banking platform to spend, save and invest, today announces its launch together with solarisBank, the tech company with a banking license, and Visa in Germany.

The Berlin-based company aims to help people to make more of their money by combining the all-in-one mobile-first approach with a full-service package. Using the Vivid Money app, users can open an account for free in just a few minutes and manage their finances simply and intuitively via their smartphone. With their account comes a free anonymized metal Visa debit card for secure payments and cash withdrawals.

Publisher: solarisBank newsroom
Date: 2020-06-08T09:00:00.000000 02:00
Twitter: @solarisBank
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35 million stimulus checks haven't been sent out. Who is waiting for money?

But there are still an estimated 30 million to 35 million payments yet to be issued, according to new data on the progress of the payments from the House Ways and Means Committee .

The stimulus checks — up to $1,200 per individual or $2,400 per married couple, as well as $500 per child under 17 — were authorized by Congress with the CARES Act.

The money targets low- to middle-income individuals and families to help them with the financial pressures caused by the coronavirus and subsequent economic shutdown.

Publisher: CNBC
Date: 2020-06-08T12:37:41 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Kids and Money: Teens face tough summer job outlook | Business | northwestgeorgianews.com

The pickings are much slimmer in the summer job market for teens transitioning from at-home schooling to working and making money.

In fact, this summer is shaping up to be the worst for teen employment since the Great Recession more than 10 years ago. That means millions of young workers will be missing out on valuable early job experience and paychecks to bank for things like college or a car.

The gradual reopening of businesses, combined with social distancing and safety requirements means limited job opportunities available for high school and college-age youths, especially in restaurants, retail and recreation.

Publisher: Northwest Georgia News
Author: Steve Rosen Tribune News Service TNS
Twitter: @romenewstribune
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The Three Top Ways That Cyber-Hackers Will Criminally Make Money Off Of Self-Driving Cars

We are all somewhat numbed by the continual announcements about cyber-hackers that have broken into an online database and stolen our personal information, oftentimes doing so via attacking credit reporting agency databases, retailer databases, insurance company databases, financial and banking systems, and the like.

It seems like nearly every day a letter comes in the mail with a notification that your personal identification has been compromised and you are urged to take precautionary measures to be on the watch for someone falsely using your ID and masquerading as you. Those reprehensible uses can harm your credit rating, can smear your reputation, and can hit bluntly your savings or other monies that the hackers might be able to access and deplete.

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Publisher: Forbes
Date: 2020-06-08
Author: Lance Eliot
Twitter: @forbes
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