I’m 40 and my mom just died, leaving me with a $3.25M inheritance — how do I use this windfall wisely to ensure it’ll last me long term?
According to Northwestern Mutual, $90 trillion will transfer to younger generations in the coming years [1]. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with tenants or fix freezers. Here’s how Dave Ramsey warns nearly 50% of Americans […]
Warren Buffett used to gift his family $10,000 every Christmas until he noticed they spent it too fast — here are 4 better ways to use extra cash
This article adheres to strict editorial standards. Some or all links may be monetized. Warren Buffett is known for both his generosity and his frugality. That might be why he pulled the plug on large cash gifts for his family after learning they were blowing through the money as quickly as they got it. In […]
I’m 72 with $1.5M in retirement savings and no debt — but I’m still terrified of running out of money one day. How do you know when you’ve got enough?
Between high living costs and uncertainty in the stock market, Raymond, 72, is feeling anxious about retirement — despite having no debt, a fully paid-off home and $1.5 million in savings. On top of his $110,000 salary, Raymond and his wife of the same age both collect Social Security benefits. He applied at age 70 […]
Trump’s tariffs will cost global businesses $1.2T this year — but consumers are shouldering most of the burden. What you can do to fight cost creep
A big part of President Donald Trump’s most recent presidential campaign was the implementation of tariffs. And in April, he imposed a 10% tariff on all goods entering the U.S. He also placed reciprocal tariffs on dozens of other countries. The goal of tariffs is to prevent trade partners from taking advantage of the U.S. […]
I was set to retire early at 55 — until my daughter’s $100K tuition bill hit. Should I put my dream on hold?
Early retirement is a goal for many people, but is it worth leaving your child to pay their own way through university just to retire early? That’s the situation Angie is facing. While hypothetical, this situation is something many parents may face when trying to set their children up for their future and ensure a […]
Charlie Munger once claimed he and Warren Buffett stuck to 1 simple strategy to crush the S&P 500 — here’s how ‘less’ can mean more for your portfolio
This article adheres to strict editorial standards. Some or all links may be monetized. TV personality Jim Cramer is so often the butt of jokes on Wall Street that someone briefly launched an exchange-traded fund to bet against his stock picks. The host of CNBC’s “Mad Money” is no stranger to criticism, even from famous […]
5 of the best low-risk investments for Canadians that protect your cash — and earn you more in 2025
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]
I was recently fired from my job — just 1 year short of my planned retirement at 70. What will this mean for my 401(k) and Social Security?
This article adheres to strict editorial standards. Some or all links may be monetized. Most workers would feel good when they’re just a year away from achieving a long-awaited goal like retirement. But with today’s volatile job market, some people’s careers are tripping at the finish line. Take the case of Brian. He was fired […]
NY sisters who own a DQ franchise seeing ‘overwhelming’ support in wake of $6M labor law loophole case — and they’re not giving up their fight
An outpouring of community support for the “DQ Sisters” — Long Island siblings and Dairy Queen franchisees who were sued by a former employee over an obscure state labor law — is offering some sweet relief following their five-year ice cream headache. Patty DeMint and Michelle Robey are known in their Medford, New York, community […]
‘No different’ than gold: Kevin O’Leary just paid $13M for a Kobe Bryant and Michael Jordan trading card — are collectibles the next big investment?
This article adheres to strict editorial standards. Some or all links may be monetized. There’s an emerging pocket-sized alternative asset that Kevin O’Leary believes in, and it has nothing to do with hot ticket investments like cryptocurrency or real estate. O’Leary, who regularly appears on Shark Tank, made headlines with his record-breaking $12.9 million purchase […]