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 […]
Here’s 1 big money move that sets rich American retirees apart from other seniors — do it now to rocket up the wealth ladder
This article adheres to strict editorial standards. Some or all links may be monetized. What’s the secret to a wealthy retirement? It’s more than saving or investing earlier — though those help. The real game-changer, the move that separates the financially comfortable from the truly rich retirees, doesn’t involve a single trade or real estate […]
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 […]
‘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 […]
NY sisters who own DQ franchise hit with $6M lawsuit for paying workers every 2 weeks — they helped change the loophole but it was too late for them
They’re known affectionately as the "DQ Sisters” — Patty DeMint and Michelle Robey, siblings who pooled their money to fulfill their dream of opening a Dairy Queen franchise in Meaford, New York, in 2017. In the beginning it was all soft serve and sprinkles as the pair fostered a beloved community hub while going above […]
The US now has more unemployed workers than job openings for the 1st time since April 2021 — why this single ‘turning point’ signals trouble ahead
The U.S. economy, already plagued by tariff uncertainty and inflation concerns, received a “jolt” of bad news just days after Labor Day. For the first time since the pandemic era, the monthly Job Openings and Labor Turnover Summary (JOLTS) showed that unemployment outpaced the number of available job openings. Here’s why that spells trouble. Must […]
This US oil titan is slashing up to 25% of its workforce — a stunning move impacting thousands of jobs. So what happened to ‘drill baby drill’?
“Drill baby drill!” proved a popular rallying cry for Donald Trump during the 2024 presidential election. But with a slowdown in both oil production and demand this year — a slump projected to extend into 2026 — a more accurate phrasing might be “Drill baby? Drill?” The layoffs announced by ConocoPhillips, the nation’s third-largest oil […]
Delaware mom wants her 2 grown kids to be more financially independent — but also put them on her mortgage. Dave Ramsey pushes her to ‘cut them loose’
Saybah, a 50-year-old from Delaware, says she wants her adult kids to be more financially independent. But, she just bought a house and wants to put their names on her mortgage. Her kids, ages 21 and 27, have “no intention of moving out on their own.” Must Read Thanks to Jeff Bezos, you can now […]
If you want to help your heirs bypass probate when you die, here are 5 assets to avoid putting in a living trust
If you will, allow us to present the hypothetical case of Pete Moneywise, a married 78-year-old father of three who wants to get his financial affairs in order before he dies. Though he exists only in the confines of this article, his situation reflects what countless retirement-age people face as they draw up their wills […]
High earners 50-plus will lose a valuable 401(k) tax break with contribution rules about to change. Here’s how it will affect your retirement savings
New rules from the IRS will take away a popular retirement tax break from some of the workforce’s higher earners. Starting in 2027 — although some plans could implement the change by next year — workers aged 50 and up who earn more than $145,000 in the previous year will only be able to make […]