More from Invest in You:
Suze Orman: Don't invest your stimulus checks. Here's what to do
Women are more financially stressed. Here's how to overcome it
Women lag behind men in saving for retirement. Covid made it worse
"There is a huge opportunity for women to really understand investing, understand the risks and set up their investment portfolio to grow their wealth so they can have that income stream."
In a 2017 study by Merrill Lynch and Age Wave , 52% of women said they were confident in managing their investments, versus 68% of men.
This may worth something:
Don’t Waste Your Money: Used car ad scams | ABC27
It’s the start of cary buying season. But if anyone’s thinking of buying a used vehicle, watch out: Fake car ads selling used cars that don’t exist are everywhere this spring.
* * *
Back in September 2020, Dayja Wallace told abc27 she lost $1,200 trying to by this Honda with the same story.
“Her husband had just passed away and she needed to hurry up and sell the car,” Wallace said.
The stereotypical dad buying a used car would pop the hood, check it out, give it a test driver — and of course — kick the tires. And it seems dad was right.
Tracking unspent federal relief money with billions more on the way
HONOLULU (KHON2) — Think COVID-19 was bad on the economy? Imagine how much worse it would have been if not for more than $12 billion Hawaii’s State and County governments, businesses and nonprofits, individuals and families got from various waves of federal rescue packages.
* * *
“It is a true blessing that we are seeing the kind of support that we’re getting from the federal government and what our CODEL (congressional delegation) is able to bring home for us,” Tokuda said.
COVID stimulus money being spent on travel
But with the economy gradually opening, the calculus is less simple this time around as $410 billion starts to land in bank accounts around the country. Back then, pajama-clad gamblers and bored workers who didn’t need the cash turned into market newbies, driving a surge in brokerage accounts and fueling the stock rally.
“As vaccines proliferate and the economy begins to open up, particularly as we get into the summertime, those very same people that have been part of the active speculative public are much more likely to step away from their screens and use savings -- whether it’s stimulus or otherwise -- to go out and experience activities for the first time in a year,” said Julian Emanuel, chief equity and derivatives strategist at BTIG.
In case you are keeping track:
PolitiFact | The COVID-19 relief package: Where the money goes
Misinformation isn't going away just because it's a new year. Support trusted, factual information with a tax deductible contribution to PolitiFact.
House and Senate Democrats applaud after signing the $1.9 trillion COVID-19 relief bill. (AP Photo/Alex Brandon)
The Democratic bill has $410 billion in stimulus checks and $360 billion in aid to state and local governments.
* * *
There are a few big chunks of money in the American Rescue Plan Act that have generated a lot of news coverage and are pretty well known. In response to a reader’s request, we present the whopping $1.86 trillion spending plan in pie chart form.
ON THE MONEY: Make a plan to get your money resolution back on track | | delcotimes.com
In this Wednesday, March 10, 2021 file photo, a couple walks through a park at sunset in Kansas City, Mo. For many Americans, 2021 didn't start off as swimmingly as expected, and neither did their financial New Year's resolutions. But the year is far from over. It's not too late to get those goals back on track after a slip-up.
We're three months into 2021. Let's check on those financial New Year's resolutions. (Rememb…
Quick tips to help college students start saving money
I'm a senior at UC Berkeley and I decided before I graduate, I'm going to get my money game together. I set up a budget , figured out where I could cut expenses and the next step — start saving money.
Even if you think you're too young to worry about savings, "you just have to take the plunge," Jill Steinberg, managing director and partner at Beacon Pointe Advisors, says.
Saving early gives you a major leg up, especially due to the power of compound interest (that means your interest earns interest). Even with a low interest rate, your money grows over time. Someone who begins saving at 22 is in a much better position than someone who starts saving at 32 and tries to play catch-up.
Value vs. Growth: Cramer's 'Mad Money' Recap (Friday 3/19/21) - TheStreet
Like it or not, stocks are joined at the hip to the bond market, Jim Cramer told his Mad Money viewers Friday. It's a battle of value versus growth, the industrials versus technology, and these groups can never rally at the same time. That's why next week's game plan hinges on the comments of Fed chair Jay Powell and Treasury Secretary Janet Yellen.
On Monday, we'll hear the first installment of those comments, when Powell will be speaking. If the bond market freaks out again, Cramer said expect another beat down of technology stocks.
No comments:
Post a Comment