A high-yield cash savings rate might outpace inflation, but you won’t get rich from your monthly interest earnings. If you are committed to a wealthier future, adding an investment program to your savings strategy is the way to do it. Use this step-by-step guide to establish a sustainable, profitable, and long-term investing habit that helps … Read more
Home » Podcasts » Private Letter Ruling On Inherited IRAs: EDU #2403 January 17, 2024 Jim and Chris sit down to discuss a recently released private letter ruling regarding an inherited IRA and beneficiaries. Podcast: Play in new window | Download (Duration: 1:01:23 — 28.1MB) Subscribe: Check out the background of firms and investment professionals … Read more
By Laila Kearney and Paul Carsten NEW YORK/LONDON (Reuters) -Oil prices rose more than 1% on Tuesday, reversing the prior session’s losses on a brightening short-term outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. Brent crude futures settled at $73.58, rising 95 cents, or … Read more
Hey everyone! Today, I want to talk about being too cheap. This is a bit unusual because being cheap gives you a huge advantage in achieving financial independence. However, we are all at a different point in our journey. Being cheap was very useful for me when I was young. However, we are older and … Read more
Exterior view of the entrance to Merck headquarters on February 05, 2024 in Rahway, New Jersey. Spencer Platt | Getty Images Merck on Wednesday said it has snagged the rights to an experimental weight loss pill from Chinese drugmaker Hansoh Pharma, in a deal worth up to $2 billion. The oral drug has not yet … Read more
January 13, 2024 Jim and Chris sit down to discuss listener questions relating to Social Security, annuities, MDF, beneficiaries, and taxes. (5:30) A Washington listener wonders if stock options should be counted towards earnings when considering Social Security. (20:15) A New York listener comments on trying to discuss his form SSA-44 with the local Social … Read more
This month, the Federal Reserve finally reduced its target interest rate. This will have a ripple effect on deposit account rates, which means now could be your last chance to lock in today’s high rates with a certificate of deposit (CD). Here’s a look at today’s CD rates and where you can find the best … Read more