Saturday, March 6, 2021

With Money, What You Do Matters More Than What You Know | Kiplinger

As a financial planner and retirement podcast host, I regularly engage with a lot of money experts. I've interviewed hedge fund managers, award-winning financial authors and CEOs of giant investment firms, and have gained incredible insights from those conversations.

But Housel says the opposite is also true. There are Harvard MBAs and partners at Goldman Sachs who fail during the best financial markets and go bankrupt all the time.

* * *

For example, can you control your relationship with greed and fear? If not, then it doesn't really matter how many hours you spent studying finance at Yale.

Publisher: Kiplinger
Author: _____
Twitter: @Kiplinger
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Not to change the topic here:

Tech entrepreneur John McAfee charged with fraud, money laundering in cryptocurrency schemes |

Sources tell FOX Business' Charlie Gasparino that the crypto industry is bracing for increased regulations as digital currency gains wider acceptance.

The Southern District of New York has charged tech entrepreneur John McAfee and his cryptocurrency team with fraud and money laundering conspiracy crimes related to two schemes that netted them $13 million.

McAfee, 75, and his executive adviser, Jimmy Gale Watson Jr., 40, are accused of crimes including conspiracy to commit commodities and securities fraud, conspiracy to commit securities and touting fraud, conspiracy to commit wire fraud, substantive wire fraud and conspiracy to commit money laundering for their alleged roles in two schemes relating to the fraudulent promotion to investors of cryptocurrencies.

Publisher: Fox Business
Date: 2021-03-05
Twitter: @FoxBusiness
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Is A 'No Spend Month' The Right Way To Save Money? – Forbes Advisor

Millions of Americans have been saving money during the pandemic, sometimes by accident—by staying home, working from home or saving money on commutes or lunches out—and sometimes on purpose. If your spending has recently gotten a bit out of hand and you want to cut back, one method to save money that you may want to consider is a "no spend month."

During a no spend month, you don't spend on anything except essential items like food and housing. Definitions of essential spending vary, but the goal of imposing this discipline is simple: Take one month off from your usual spending habits and try to rack up a significant amount of cash savings in the bank.

Publisher: Forbes Advisor
Date: 2021-03-05T07:00:22-05:00
Author: Ben Gran
Twitter: @forbes
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Don't Buy Prop Money Until You've Read This!

Prop Money is a great way to enhance your film production and make any shot that involves cash look realistic. However, you have to be careful when buying, using, or owning any fake money, or else you could find yourself in a lot of legal trouble.

The use of counterfeit currency has been on the rise in recent years; this is mainly due to how easy it is to access. Purchasing well crafted hard to detect fake money is no longer difficult, thanks to advanced technology and the internet.

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Publisher: Santa Clarita Valley Signal
Date: 2021-03-05T19:16:41 00:00
Twitter: @SCVSignal
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Many things are taking place:

Don’t Waste Your Money: Sell your stuff | ABC27

After almost a year in COVID lockdown, many Americans have closets bursting with clothing, shoes and toys they’d love to clear out this spring.

* * *

“This is my second-grader’s stuff. And this is my 9-year-old’s stuff,” Dickers said.

“I have three closets’ worth of clothes. I have no excuses, no excuses whatsoever,” Carole said.

Admit it: You probably have a closet somewhere in your home that is stuffed to the gills with clothing, shoes, old Halloween costumes, and you’d probably like to get rid of some of it.

Publisher: ABC27
Date: 2021-03-06T03:43:25 00:00
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Game Plan: Cramer's 'Mad Money' Recap (Friday 3/5/21) - TheStreet

When asked why Okta needed to acquire Auth0, McKinnon explained that the companies are complimentary. He said the workforce identity market is worth $30 billion, but customer ID management, which is where Auth0 excels, adds an additional $25 billion.

You have to assume the bad guys are everywhere, McKinnon concluded, which is why the combination of Okta and Auth0 allow companies to authenticate every user, every machine and now every customer, quickly and securely.

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Publisher: TheStreet
Date: 2021-03-06T01:11:03Z
Author: Scott Rutt
Twitter: @thestreet
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All about money? Not for volunteers | News, Sports, Jobs - News and Sentinel

After the 2016 floods our high school soccer team volunteered as part of the clean-up, distribution of food and cleaning supplies to those impacted. People drove hundreds of miles to help. They showed up at the distribution center and reported to the State Policewoman in charge with the question, “Where can we help?” She put them to work. Trucks showed up from out of state full of much needed donated supplies.

Growing up our parents taught us the importance of giving. Both my parents came from large families. When one of our relatives was moving everyone showed up to help. Our pay was fellowship and good food when we finished. My Dad was a carpenter and did a lot of work for people in poor neighborhoods who couldn’t afford to pay. They were always grateful and fed us well. The tradition of giving continues in our family today. When Lynnda and I bought out first house it needed a roof.

Publisher: newsandsentinel.com/
Twitter: @newsandsentinel
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Don't Pay Tax Penalties on Money You Took From Retirement Accounts - The New York Times

Retirement savers need to pay close attention to their income tax filings this year because of pandemic-related changes to rules for required withdrawals.

Even in normal times, the rules for mandatory minimum withdrawals can be confusing, and are even more so this year because of a mash-up of tax changes and virus relief programs. If you get things right, you can avoid paying unnecessary taxes, financial advisers say.

Date: 2021-03-05T14:00:10.000Z
Twitter: @nytimes
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