Wednesday, July 8, 2020

These money moves will help you thrive in a recession

If you've taken a financial hit from the downturn, you're probably wondering how soon you can bounce back.

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That's likely due to forces outside of your control – a job loss, salary cuts or unforeseen expenses.

Publisher: CNBC
Date: 2020-07-08T14:11:35 0000
Author: https www facebook com CNBC
Twitter: @CNBC
Reference: (Read more) Visit Source



Other things to check out:

Millennials share their best money lessons and advice

After talking to a handful of millennials across the U.S. about how they earn, save and spend their money, CNBC Make It rounded up the mindsets and strategies that have helped them pay down debt, spend within their means and save thousands of dollars.

* * *

When Christine Hopkins started thinking about her savings and debt repayment like she does her rent or utilities — a fixed cost that she has to pay each month — she upped her savings rate tremendously.

Publisher: CNBC
Date: 2020-07-07T18:11:59 0000
Author: https www facebook com CNBC
Twitter: @CNBC
Reference: (Read more) Visit Source



3 High-Yield Dividend Stocks That'll Double Your Money in a Decade | The Motley

To be frank, dividend stocks have not come close to keeping pace with high-growth tech stocks on a year-to-date basis in 2020. Then again, we shouldn't expect them to, since dividend payers are typically time-tested businesses designed to deliver cash flow consistency and income. Though dividend-paying stocks can often be boring, there's beauty and money to be found with most boring businesses.

That's what makes the following three high-yield dividend stocks (i.e., those yielding at least 4% annually) so attractive. If you give these high-income stocks a decade, it's my belief they'll double your money through some combination of their payout and share price appreciation.

Publisher: _____
Date: 2020-07-08T06:06:00-04:00
Author: Sean Williams
Twitter: @themotleyfool
Reference: (Read more) Visit Source



US: Ex-Nissan boss wired money to man who helped him flee - ABC News

Prosecutors filed documents Tuesday detailing two wire transfers made by Ghosn in October 2019 as evidence they say shows Michael Taylor and Peter Taylor "have the resources with which to flee and therefore should continue to remain detained as flight risks."

The documents show two wire transfers to the company Promote Fox LLC, which prosecutors say is managed by Peter Taylor.

Authorities say the Taylors helped sneak Ghosn out of the Japan on a private jet with former Nissan boss tucked away in a large box. The flight went first to Turkey, then to Lebanon, where Ghosn has citizenship but which has no extradition treaty with Japan.

Publisher: ABC News
Date: 2020-07-08T15:09:41Z
Author: ABC News
Twitter: @ABC
Reference: (Read more) Visit Source



This may worth something:

7 Wealth Creation Tips to Grow Your Money Now - Investment U

Wealth creation is the process of increasing assets and decreasing debts over time. If you are looking to build wealth but don’t know where to start, we here at Investment U have assembled some wealth creation tips that should help you build your money.

I prefer to call these wealth creation “tips” and not “hacks.” There is no easy way to wealth creation. It takes a lot of work and a lot of your most precious asset – and no, I’m not talking about money. I’m talking about time.

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Publisher: Investment U
Date: 2020-07-08T12:09:20-04:00
Twitter: @investmentu
Reference: (Read more) Visit Source



Trump: Next Stimulus Should Give Money To Private Schools

President Trump is expected to ask Congress to include money for private schools in the next ... [+] stimulus. (Photo by Drew Angerer/Getty Images)

Congress is set to pass another stimulus bill by the end of the month. Enhanced unemployment benefits will soon expire and Congress is expected to address that in some way given the continued high unemployment claims. In addition, lawmakers are considering stimulus checks, money for state and local governments, and additional relief for schools.

Publisher: Forbes
Date: 2020-07-07
Author: Wesley Whistle
Twitter: @forbes
Reference: (Read more) Visit Source



The Airline Bailout Loophole: Companies Laid Off Workers, Then Got Money Meant to Prevent Layoffs

Three airline industry companies slated to receive $338 million in public money designed to preserve jobs in the hard-hit industry have laid off thousands of workers anyway, according to Treasury disclosure filings and public layoff data.

The largest company, Gate Gourmet , is a global preparer of airline meals and part of a Swiss conglomerate owned by the private equity firm of wealthy Malaysian businessman Richard Ong . Gate Gourmet is scheduled to get $171 million from the federal program to bail out the airline industry even after it reported laying off thousands of workers at airports in half a dozen states, including California, Georgia, New York and Illinois, in recent months, according to public filings.

Publisher: ProPublica
Twitter: @propublica
Reference: (Read more) Visit Source



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