Friday, November 12, 2021

Money, Money, Money - GREAT BEND TRIBUNE

Slick Willie Sutton, the 1930's bandit who favored elaborate disguises, was once asked why he robbed banks. He famously replied, "Because that's where the money is."

Oh, how times have changed. The other day my daughter, Stephanie, walked into the Chase branch in South San Francisco, seeking 16 quarters to do her laundry. She was informed by the teller: "We don't handle cash anymore."

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6 Meaningful Ways to Give Grandchildren Money

Back in the day, if your grandparents gave you cash in a new bank account, a savings bond or shares of stock, you didn't know how lucky you were. It wasn't the shiny bike or ballet slippers you had hoped for.

Enjoy that game with your grandkids; they will remember it. "The gift of your time is priceless, says Bradley Lineberger a certified financial planner (CFP) at Seaside Wealth Management in Carlsbad, California.

Publisher: AARP
Date: 2021-11-11
Author: Patricia Amend
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On The Money — IRS chief calls for reinforcements | TheHill

Rettig said in his op-ed that the IRS is challenged by the fact that it has limited resources and an increasing amount of responsibility. He noted that the budget constraints make it more challenging for the IRS to go after wealthy individuals and corporations who aren't pay the taxes they owe.

Publisher: TheHill
Date: 2021-11-11T18:44:03-05:00
Author: Sylvan Lane Naomi Jagoda and Aris Folley
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Retirees: Take This First Step To Keep Your Money Safe As You Age

There's been a growing awareness of a significant risk that retirees face as they age into their 80s and 90s: They may not be capable of managing their money due to forgetfulness, distracting health issues, or diminished cognitive capacity.

The ideal time to take steps to prevent these potential losses is when you transition into retirement. But if you're already retired, it's not too late to make some changes to protect yourself.

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Publisher: Forbes
Date: 2021-11-11
Author: Steve Vernon
Twitter: @forbes
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On infrastructure, follow the money - POLITICO

FINDING THE BRIDGE TO THE BRIDGES — Infrastructure. It was a week, then a meme, then a bill. And on Monday, after President Joe Biden signs the package passed last week into law, infrastructure will actually be physical things: Roads, bridges, trains, high-speed internet signals.

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Publisher: POLITICO
Twitter: @politico
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Predictions for future of money: CBDCs, stablecoins, cryptocurrency

The Covid-19 pandemic not only accelerated the shift toward digital and contactless payments , but also led to a more mainstream acceptance of physical cash alternatives like cryptocurrency that will likely stay, economist Eswar Prasad tells CNBC Make It.

"For many consumers and businesses that made the switch to digital payments, there is probably no going back, even if the pandemic-related concerns about the tactile nature of cash were to recede," says Prasad, author of " The Future of Money: How the Digital Revolution Is Transforming Currencies

Publisher: CNBC
Date: 2021-11-11T14:00:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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PGA Tour to add substantial events with guaranteed big-money payouts for star golfers, per report

Movement has been promised by every potential competitor to the PGA Tour that has emerged over the last few years, but thus far, the only league that has done anything substantial is the one that currently has all the best players in the world.

This is tantamount to the current World Golf Championship events, except the money would ostensibly be guaranteed whether a player won or finished 50th. Also, the events would exclusively be held internationally.

Publisher: CBSSports.com
Twitter: @cbssports
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'New' money, new decisions | The Gazette

On a regular basis, situations arise in which my clients are faced with the "new" responsibility of making investment decisions.

This can happen for many different reasons, including money that has been inherited; a 401(k) rollover; exercised stock options; proceeds from a lawsuit; and even winnings from a lottery.

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Twitter: @gazettedotcom
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Guide to DIY Money Management (and When to Hire a Professional) | WTOP News

Even financial advisors admit that professional money management isn’t a necessity for many individual investors and families.

Instead, a few tried-and-true, do-it-yourself money strategies can successfully lift individuals out of debt and away from overly risky investment decisions to grow their wealth and achieve financial stability. DIY money management offers simplicity and control.

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Publisher: WTOP News
Date: 2021-11-11T05:00 00:00
Author: News Traffic Weather
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