#financial-advice

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#social-security

I Want to Cut My Mother-in-Law Out of Our Lives Because of Her Very Offensive Lifestyle

The daughter-in-law's resentment is unfounded; the mother-in-law's finances may not be as lavish or manageable as perceived.

I'm 62 and about to finalize a divorce after 30 years of marriage - how can I change what looks like a gloomy retirement?

Divorce in one's early 60s can severely impact retirement finances, highlighting the importance of seeking advice from a financial adviser.

Social Security 2025: 3 Tips to Retire Comfortably On a Fixed Income In the New Year

Living on Social Security alone will be increasingly difficult for future retirees due to rising costs and inadequate savings.

4 Critical Dates for Social Security to Know About This Year

Feelings of nervousness about retirement are common, but proper planning leads to comfort in later years.
Timely applications and budget management are essential for maximizing retirement benefits.

Thinking of Claiming Social Security in 2025? Do This First

Check your full retirement age (FRA) before claiming Social Security to avoid significant long-term financial penalties.

Social Security's Weird Provision Affects How Much You Get From Benefits, So Pay Attention

Starting your Social Security benefits early reduces payments, whereas waiting until age 70 significantly increases them.

I Want to Cut My Mother-in-Law Out of Our Lives Because of Her Very Offensive Lifestyle

The daughter-in-law's resentment is unfounded; the mother-in-law's finances may not be as lavish or manageable as perceived.

I'm 62 and about to finalize a divorce after 30 years of marriage - how can I change what looks like a gloomy retirement?

Divorce in one's early 60s can severely impact retirement finances, highlighting the importance of seeking advice from a financial adviser.

Social Security 2025: 3 Tips to Retire Comfortably On a Fixed Income In the New Year

Living on Social Security alone will be increasingly difficult for future retirees due to rising costs and inadequate savings.

4 Critical Dates for Social Security to Know About This Year

Feelings of nervousness about retirement are common, but proper planning leads to comfort in later years.
Timely applications and budget management are essential for maximizing retirement benefits.

Thinking of Claiming Social Security in 2025? Do This First

Check your full retirement age (FRA) before claiming Social Security to avoid significant long-term financial penalties.

Social Security's Weird Provision Affects How Much You Get From Benefits, So Pay Attention

Starting your Social Security benefits early reduces payments, whereas waiting until age 70 significantly increases them.
moresocial-security
#dividend-stocks

5 Ultra-High-Yield Dividend Stocks for 2025 Wall Street Is Pounding the Table On

Dividend stocks provide steady passive income and a comprehensive measure of total return for investors.
Ultra-high-yield stocks are expected to remain popular among investors seeking reliable revenue streams.

Large-Cap Value Stocks Could Rule in 2025: 4 High-Yield Dividend Winners

Value stocks are at a historically low point relative to growth stocks, presenting potential investment opportunities as market trends shift.

5 Ultra-High-Yield Dividend Stocks for 2025 Wall Street Is Pounding the Table On

Dividend stocks provide steady passive income and a comprehensive measure of total return for investors.
Ultra-high-yield stocks are expected to remain popular among investors seeking reliable revenue streams.

Large-Cap Value Stocks Could Rule in 2025: 4 High-Yield Dividend Winners

Value stocks are at a historically low point relative to growth stocks, presenting potential investment opportunities as market trends shift.
moredividend-stocks
#retirement-planning

I'm 54 With No Retirement Savings Outside of My $4 Million 401(k), but I'm Ready to Retire. What's My Move?

Having $4 million in retirement savings places you in a favorable position for early retirement, despite potential withdrawal penalties.

I'm almost 40 with just $68,000 in my 401(k) - should I panic?

It's common for Millennials to feel behind on retirement savings, but there's time to recover and improve financial situations.

Stock Market Today: Nasdaq Composite and S&P 500 Fall While Applovin (APP) Plummets

Consider consulting financial experts to create a plan for early retirement.

Why Your Year-End Bonus Won't Save Your Retirement (Unless You Do This)

Maximize your bonus by investing in long-term financial goals instead of short-term desires.
Consult a financial planner to allocate your year-end bonus effectively.

Annuity vs 401(k): Which Vehicle Is Actually Better for Your Retirement?

Choosing between a 401(k) and an annuity significantly affects retirement income, as each has unique benefits and risks.

What Retirement Accounts Should I Withdraw From First?

Retirement financial management focuses on cash flow rather than net worth accumulation, requiring a major mindset shift for retirees.

I'm 54 With No Retirement Savings Outside of My $4 Million 401(k), but I'm Ready to Retire. What's My Move?

Having $4 million in retirement savings places you in a favorable position for early retirement, despite potential withdrawal penalties.

I'm almost 40 with just $68,000 in my 401(k) - should I panic?

It's common for Millennials to feel behind on retirement savings, but there's time to recover and improve financial situations.

Stock Market Today: Nasdaq Composite and S&P 500 Fall While Applovin (APP) Plummets

Consider consulting financial experts to create a plan for early retirement.

Why Your Year-End Bonus Won't Save Your Retirement (Unless You Do This)

Maximize your bonus by investing in long-term financial goals instead of short-term desires.
Consult a financial planner to allocate your year-end bonus effectively.

Annuity vs 401(k): Which Vehicle Is Actually Better for Your Retirement?

Choosing between a 401(k) and an annuity significantly affects retirement income, as each has unique benefits and risks.

What Retirement Accounts Should I Withdraw From First?

Retirement financial management focuses on cash flow rather than net worth accumulation, requiring a major mindset shift for retirees.
moreretirement-planning
#suze-orman

Suze Orman says that many young Americans are investing the wrong way - here's what she suggests instead

Young investors should avoid chasing individual stocks based on hype and focus on long-term strategies.
Implementing dollar-cost averaging with index funds is a key strategy for wealth-building.

Suze Orman says everyone should invest in a 401(k) - but never use it for this

Taking a loan from your 401(k) can lead to double taxation and financial penalties if not repaid before job loss.

Millions of Americans are guilty of doing what Suze Orman calls "the biggest waste of money out there"

Financing is favored for long-term ownership, while leasing, though easier on budget, may lead to continuous payments and cash flow challenges.

Suze Orman says that many young Americans are investing the wrong way - here's what she suggests instead

Young investors should avoid chasing individual stocks based on hype and focus on long-term strategies.
Implementing dollar-cost averaging with index funds is a key strategy for wealth-building.

Suze Orman says everyone should invest in a 401(k) - but never use it for this

Taking a loan from your 401(k) can lead to double taxation and financial penalties if not repaid before job loss.

Millions of Americans are guilty of doing what Suze Orman calls "the biggest waste of money out there"

Financing is favored for long-term ownership, while leasing, though easier on budget, may lead to continuous payments and cash flow challenges.
moresuze-orman
#credit-cards

Always paying the minimum on my credit cards led to reduced limits and a score drop - how can I fix this?

Only making minimum payments on credit cards can lead to reduced credit limits and significant drops in credit scores.

I'm 30 with no kids and no credit card - am I missing out?

Using credit responsibly can help build credit and earn rewards.
Avoiding credit cards out of fear may lead to missed financial benefits.

I want the best card for cash back for everyday purchases like gas. I'm not a big traveler and a lot of cards I looked at have annual fees. Any recommendations?

Explore cash-back credit cards for maximum rewards without annual fees.
Review spending habits to select the right cash-back card for you.

I'm using my debit card to purchase everything but I'm being told it would be best to use a credit card for anything over $20 - is that true?

Using credit cards responsibly can enhance wealth-building through rewards and credit score improvements.

What credit card experts know, and what it means for you - Bankrate

Credit card companies are increasingly focusing on Gen Z to maximize customer lifetime value through targeted products and engagement strategies.

I know some of the big ones, but are there any other 5% cash back cards, and which one is best?

Rewards systems in credit cards may seem beneficial but often lead to overspending with minimal returns.

Always paying the minimum on my credit cards led to reduced limits and a score drop - how can I fix this?

Only making minimum payments on credit cards can lead to reduced credit limits and significant drops in credit scores.

I'm 30 with no kids and no credit card - am I missing out?

Using credit responsibly can help build credit and earn rewards.
Avoiding credit cards out of fear may lead to missed financial benefits.

I want the best card for cash back for everyday purchases like gas. I'm not a big traveler and a lot of cards I looked at have annual fees. Any recommendations?

Explore cash-back credit cards for maximum rewards without annual fees.
Review spending habits to select the right cash-back card for you.

I'm using my debit card to purchase everything but I'm being told it would be best to use a credit card for anything over $20 - is that true?

Using credit cards responsibly can enhance wealth-building through rewards and credit score improvements.

What credit card experts know, and what it means for you - Bankrate

Credit card companies are increasingly focusing on Gen Z to maximize customer lifetime value through targeted products and engagement strategies.

I know some of the big ones, but are there any other 5% cash back cards, and which one is best?

Rewards systems in credit cards may seem beneficial but often lead to overspending with minimal returns.
morecredit-cards
#investing

4 Magnificent Ultra-High-Yield Dividend Stocks Investors Can Hold for Decades

Investors are increasingly turning to ultra-high-yield stocks as interest rates decline.

I'm 30 and working in tech and aggressively investing - how can I grow my wealth to $20 million?

Wealth accumulation requires a shift in mindset from gambling to long-term investment strategies to preserve capital for early retirement.

I'm 30 and only make $35k a year - I should still contribute to a 401k even with such a low income?

Small contributions to a 401(k) can grow significantly over time due to compound growth, making them worthwhile even for those with limited income.

New to investing? Venture Capitalists reveal how to experiment without risking everything - London Business News | Londonlovesbusiness.com

Investing can be intimidating for beginners, but starting small and seeking guidance can ease the process and enhance confidence.

4 Magnificent Ultra-High-Yield Dividend Stocks Investors Can Hold for Decades

Investors are increasingly turning to ultra-high-yield stocks as interest rates decline.

I'm 30 and working in tech and aggressively investing - how can I grow my wealth to $20 million?

Wealth accumulation requires a shift in mindset from gambling to long-term investment strategies to preserve capital for early retirement.

I'm 30 and only make $35k a year - I should still contribute to a 401k even with such a low income?

Small contributions to a 401(k) can grow significantly over time due to compound growth, making them worthwhile even for those with limited income.

New to investing? Venture Capitalists reveal how to experiment without risking everything - London Business News | Londonlovesbusiness.com

Investing can be intimidating for beginners, but starting small and seeking guidance can ease the process and enhance confidence.
moreinvesting

Should Mega Millions jackpot winners take a lump-sum payout or annuity?

Choosing the annuity option can lead to greater long-term financial security compared to the immediate lump-sum payment, which may lead to overspending.
#personal-finance

We Approach Budgeting Like Dieting. That's Why It Doesn't Work

Relying solely on budgeting as a financial strategy may be ineffective, similar to how dieting often fails in achieving health goals.

I'm 33 With $2.5 Million Invested and Struggle To Spend My Money. How Do I Strike a Balance?

Finding a balance between saving and spending can enhance quality of life.

8 simple changes to cut 3,000 off your household bills this Christmas

Households can save approximately £2,827 annually by making simple changes to their spending habits.

I'm approaching $100k in my 401(k) - should I decrease my contributions going forward?

Maximizing retirement savings is crucial and should not be sacrificed for home purchases.

Harriette Cole: They're insisting that their son's bride buy a new car

Prioritize financial responsibility over family expectations in major purchases.

3 Pieces of Dave Ramsey Advice That Are Worth Living By

Dave Ramsey emphasizes the psychological aspects of investing and debt management, suggesting that mindset is crucial for financial recovery.

We Approach Budgeting Like Dieting. That's Why It Doesn't Work

Relying solely on budgeting as a financial strategy may be ineffective, similar to how dieting often fails in achieving health goals.

I'm 33 With $2.5 Million Invested and Struggle To Spend My Money. How Do I Strike a Balance?

Finding a balance between saving and spending can enhance quality of life.

8 simple changes to cut 3,000 off your household bills this Christmas

Households can save approximately £2,827 annually by making simple changes to their spending habits.

I'm approaching $100k in my 401(k) - should I decrease my contributions going forward?

Maximizing retirement savings is crucial and should not be sacrificed for home purchases.

Harriette Cole: They're insisting that their son's bride buy a new car

Prioritize financial responsibility over family expectations in major purchases.

3 Pieces of Dave Ramsey Advice That Are Worth Living By

Dave Ramsey emphasizes the psychological aspects of investing and debt management, suggesting that mindset is crucial for financial recovery.
morepersonal-finance
#family-dynamics

I Inherited My Mom's House. My Husband Claims My Plans for It Are a "Slap in the Face."

Inheriting property involves crucial tax implications and managing familial relationships regarding distribution.

My Brother Thinks I "Deserve to Be Poor" for My Life Choices. Now He's in Charge of Our Inheritance.

Discuss your parents' estate planning to understand their decisions and protect your interests regarding your brother's role as executor.

I Inherited My Mom's House. My Husband Claims My Plans for It Are a "Slap in the Face."

Inheriting property involves crucial tax implications and managing familial relationships regarding distribution.

My Brother Thinks I "Deserve to Be Poor" for My Life Choices. Now He's in Charge of Our Inheritance.

Discuss your parents' estate planning to understand their decisions and protect your interests regarding your brother's role as executor.
morefamily-dynamics

Nine million households urged to act now to avoid overpaying on energy bills

Timely meter readings before the energy price cap increase are crucial for UK households to avoid significant financial losses in January.

Own your trailer with a Lan Tilhenger - London Business News | Londonlovesbusiness.com

Taking out a loan for a trailer can be a necessary option for those unable to buy outright, but it requires careful consideration.

How VIN Decoder Saves You from Buying a Lemon

Using a VIN decoder can help prevent buying a problematic used car by revealing its complete history.
#astrology

Your Bank Account This Week, According To A Tarot Reader

Take things slowly this week due to Mercury and Mars retrograde influencing decision-making and financial matters.

Horoscopes Dec. 15, 2024: Don Johnson, refrain from listening to someone offering a risky venture

Focus on managing financial and legal matters personally for better control.
Research and connections are key to achieving desired lifestyle changes.

Horoscopes Nov. 26, 2024: Peter Facinelli, maintaining a stellar reputation will lead to opportunities

Be cautious before entering partnerships and maintain a good reputation for future opportunities.
Monitor finances to avoid hidden costs that could lead to vulnerability.

Your Bank Account This Week, According To A Tarot Reader

Take things slowly this week due to Mercury and Mars retrograde influencing decision-making and financial matters.

Horoscopes Dec. 15, 2024: Don Johnson, refrain from listening to someone offering a risky venture

Focus on managing financial and legal matters personally for better control.
Research and connections are key to achieving desired lifestyle changes.

Horoscopes Nov. 26, 2024: Peter Facinelli, maintaining a stellar reputation will lead to opportunities

Be cautious before entering partnerships and maintain a good reputation for future opportunities.
Monitor finances to avoid hidden costs that could lead to vulnerability.
moreastrology
#homebuying

Boston Condo Buyers Are You Concerned About Mortgage Rates? Boston Condos For Sale Ford Realty

Mortgage rates are influenced by multiple factors beyond the Federal Reserve, with a focus on improving credit scores for better mortgage terms.

How much should a house down payment be?

Mortgage down payment requirements vary; 20% is common but not mandatory.
First-time homebuyers can access loans with lower down payment options.
Understanding the impact of down payment on monthly costs is crucial.

Boston Condo Buyers Are You Concerned About Mortgage Rates? Boston Condos For Sale Ford Realty

Mortgage rates are influenced by multiple factors beyond the Federal Reserve, with a focus on improving credit scores for better mortgage terms.

How much should a house down payment be?

Mortgage down payment requirements vary; 20% is common but not mandatory.
First-time homebuyers can access loans with lower down payment options.
Understanding the impact of down payment on monthly costs is crucial.
morehomebuying
#investment-strategy

5 Top BofA Securities December Stock Picks Also Pay High-Yield Dividends

Dividends are crucial for total return expectations in investments, contributing significantly to overall market performance.

3 Best Growth Stocks To Buy Now

Investing in growth stocks can yield significant returns over time with a balanced approach, suitable for average-risk investors.

Dave Ramsey spills the secrets on the four types of funds he invests in that have made him so wealthy

Dave Ramsey's investment strategy prioritizes mutual funds with strong track records and emphasizes long-term, consistent investing.

5 Top BofA Securities December Stock Picks Also Pay High-Yield Dividends

Dividends are crucial for total return expectations in investments, contributing significantly to overall market performance.

3 Best Growth Stocks To Buy Now

Investing in growth stocks can yield significant returns over time with a balanced approach, suitable for average-risk investors.

Dave Ramsey spills the secrets on the four types of funds he invests in that have made him so wealthy

Dave Ramsey's investment strategy prioritizes mutual funds with strong track records and emphasizes long-term, consistent investing.
moreinvestment-strategy
#inheritance

Warren Buffett has advice for parents on inheritance planning

Open discussions about inheritance can strengthen family bonds.
Parents should share their wills with children before signing.
Wealth distribution should encourage independence without fostering entitlement.

My recently divorced dad told me I will inherit $5M. Do I need to keep aggressively saving for retirement?

Inheritances are becoming rarer, and relying on one can complicate personal financial strategies.

I received an inheritance at a young age and am curious if a Roth or a traditional 401k would be better for me

Inheriting a windfall requires careful planning to navigate tax complexities and maximize benefits.

Warren Buffett has advice for parents on inheritance planning

Open discussions about inheritance can strengthen family bonds.
Parents should share their wills with children before signing.
Wealth distribution should encourage independence without fostering entitlement.

My recently divorced dad told me I will inherit $5M. Do I need to keep aggressively saving for retirement?

Inheritances are becoming rarer, and relying on one can complicate personal financial strategies.

I received an inheritance at a young age and am curious if a Roth or a traditional 401k would be better for me

Inheriting a windfall requires careful planning to navigate tax complexities and maximize benefits.
moreinheritance
#horoscope

Horoscopes Nov. 18, 2024: Owen Wilson, a grateful attitude will help build wealth and well-being

Focus on what makes you happy and impacts your well-being.
Implement a budget and be resourceful to improve your finances.
Use your skills to make a positive difference without spending money.

Horoscopes Dec. 11, 2024: Gary Dourdann, a passionate approach to earning your living

Focus on self-assessment and proactive planning to achieve your goals and find personal happiness.

Horoscopes Nov. 18, 2024: Owen Wilson, a grateful attitude will help build wealth and well-being

Focus on what makes you happy and impacts your well-being.
Implement a budget and be resourceful to improve your finances.
Use your skills to make a positive difference without spending money.

Horoscopes Dec. 11, 2024: Gary Dourdann, a passionate approach to earning your living

Focus on self-assessment and proactive planning to achieve your goals and find personal happiness.
morehoroscope

Here's Your Tarot Reading For Wednesday, December 11

The Four of Pentacles urges caution in spending and emphasizes the importance of long-term financial stability during the holiday season.
#investment-strategies

I bought $34k worth of NVIDIA stock and now it's worth $850k - my guy tells me to sell it but what if it keeps going up?

Overcoming greed in stock trading is crucial to secure profits and avoid losses.
Implementing careful strategies can help manage risks associated with stock investments.

Ramit Sethi says these old tips from your parents don't work anymore and they can end up costing you millions

Adapt traditional money guidelines for the 21st century to align with modern financial strategies.

I want to set aside $300k for my two small children - is a 529 the best way to go?

529 plans are underutilized despite their tax advantages and education savings focus.
Choosing between passive and managed 529 plans involves significant financial considerations.
High contributions may lock substantial capital and pose funding risks.

My partner and I have over $5 million in savings - is collecting art a valid way to diversify our investment portfolio?

Investing in art can diversify your portfolio, offering both financial and aesthetic benefits, but requires clear goals and risk management.

I bought $34k worth of NVIDIA stock and now it's worth $850k - my guy tells me to sell it but what if it keeps going up?

Overcoming greed in stock trading is crucial to secure profits and avoid losses.
Implementing careful strategies can help manage risks associated with stock investments.

Ramit Sethi says these old tips from your parents don't work anymore and they can end up costing you millions

Adapt traditional money guidelines for the 21st century to align with modern financial strategies.

I want to set aside $300k for my two small children - is a 529 the best way to go?

529 plans are underutilized despite their tax advantages and education savings focus.
Choosing between passive and managed 529 plans involves significant financial considerations.
High contributions may lock substantial capital and pose funding risks.

My partner and I have over $5 million in savings - is collecting art a valid way to diversify our investment portfolio?

Investing in art can diversify your portfolio, offering both financial and aesthetic benefits, but requires clear goals and risk management.
moreinvestment-strategies
#home-buying

A real estate investor and agent says don't bank on rates coming down in 2025 - and shares 2 strategies to help you score a lower-than-average mortgage payment

Don't expect mortgage rates to drop significantly in 2025; negotiate rates now to secure better mortgage terms.

Dave Ramsey says this is how you can still buy a house even if you have a 0 credit score

You can buy a house even with no credit score through manual underwriting, contrary to modern beliefs that a credit profile is essential.

A real estate investor and agent says don't bank on rates coming down in 2025 - and shares 2 strategies to help you score a lower-than-average mortgage payment

Don't expect mortgage rates to drop significantly in 2025; negotiate rates now to secure better mortgage terms.

Dave Ramsey says this is how you can still buy a house even if you have a 0 credit score

You can buy a house even with no credit score through manual underwriting, contrary to modern beliefs that a credit profile is essential.
morehome-buying

Lloyds, NatWest, Santander offering 200 payment to new and existing customers

High street banks are providing incentives to attract new customers during account switches.

My Worst Fears for My Engagement Ring Came True. It's Haunting Me.

Accidents happen, and how you respond to them can positively influence your life and relationships.
from 24/7 Wall St.
1 month ago

Dave Ramsey spills the secrets of the rich starting with "they are not a secret"

Wealth building relies on common sense and understanding rather than hidden secrets or complex financial strategies.

How to support your employees struggling with fuel poverty this winter - London Business News | Londonlovesbusiness.com

PayCaptain provides financial solutions for employees facing challenges due to fuel poverty and rising debt, emphasizing the need for support.

These Warren Buffett Quotes Will Transform How You Approach Your 30s

Warren Buffett teaches millennials and GenZers to focus on long-term success and the importance of relationships over mere financial gain.

NFL legend Rob Gronkowski's best-ever investment: $69,000 worth of Apple stock he bought on advice from his contractor

Rob Gronkowski's $69,000 investment in Apple, advised by his contractor, tripled to $250,000 over two years despite him forgetting about it for a while.

I'm going through a rough patch in my career and am considering retiring with my $5 million portfolio - how can I handle health insurance though?

Planning for healthcare is essential for early retirement, as costs can be debilitating.
FIRE is about comprehensive planning, not just reaching a financial number.

I Got Into a Near Fatal Accident When I Was a Child. I Can't Stop Thinking About What My Parents Should've Done.

Reflecting on life-altering decisions can lead to feelings of regret about potential lost opportunities.

How insider trading data helps navigate market volatility

Retail investors must rely on data, particularly insider trading information, to navigate market volatility and avoid emotional decision-making.

Older Adults Are Sharing The Purchases Millennials And Gen Z'ers Should 100% Avoid

Buyer's remorse can be particularly painful in adulthood, especially regarding larger purchases; careful consideration is crucial.
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