Is the 60/40 portfolio dead? Larry Fink’s BlackRock chairman’s letter notes ‘private markets don’t have to be as risky’ — what that means for you
This article adheres to strict editorial standards. Some or all links may be monetized. In his most recent letter to investors, BlackRock CEO Larry Fink discussed the company’s latest investment strategies and where he envisions the future of investing heading. One of the most significant developments came in his prediction around portfolio splits, noting that […]
Prime Minister Mark Carney pauses Canada’s electric vehicle mandate amid industry pressures
Prime Minister Mark Carney has announced a temporary delay in the implementation of Canada’s electric vehicle sales mandate. Originally slated to require 20% of new passenger vehicles to be zero-emission by 2026 — a policy introduced under former Prime Minister Justin Trudeau — the plan will now be waived to ease pressures on the automotive […]
A woman and her husband won $1M off a scratch ticket, and Dave Ramsey has crystal clear plans for their spending — how to put a sudden windfall to work
A Chicago woman recently called into The Ramsey Show with life-changing news: She and her husband had won US$1.375 million from a scratch ticket. What started as a quick stop at a local gas station turned into a financial turning point. “We’re still in shock,” the caller admitted. Her husband randomly picked up the ticket […]
Forget billionaire Charlie Munger’s rule about saving your first $100K — here’s why everything changes when you hit $20K, and how to take advantage
If you’re trying to build wealth, your first six figures in savings is a huge milestone. That’s according to the late billionaire Charlie Munger. “It’s a b—-, but you gotta do it,” Munger told investors at an annual Berkshire Hathaway meeting two decades ago. “I don’t care what you have to do — if it […]
My wife and I earn $200K a year, have no debt and feel ready to buy — but can we afford to spend 40% of our take-home pay on a mortgage?
Buying a house has become really hard, with Realtor.com reporting that just 28% of homes on the market are affordable for a typical household. (1) Even if you aren’t a typical household, you may have to stretch to buy — and this can be tough, as you don’t want to put yourself in a position […]
Trump has quietly bought up $100M in bonds since entering White House, report says. How to be on the ‘winning’ side of the President’s big bet
President Donald Trump has quietly purchased at least $103 million in corporate and municipal bonds since taking office in January, according to NBC News. [1] The filings from the U.S. Office of Government Ethics (OGE) provide a rare glimpse into the president’s growing investment portfolio. Must Read Thanks to Jeff Bezos, you can now become […]
Vietnam vet, 84, forced to sell her ‘dream’ retirement home after owners jacked up monthly fees from $1,395 to $6,500 — her warning to other seniors
This article adheres to strict editorial standards. Some or all links may be monetized. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Most seniors would like to consider their senior living community a safe haven. But sometimes, […]
74% of Americans think they’re reasonably informed about Social Security — but here’s what they’re often getting wrong
Social Security provides important monthly benefits to millions of retired Americans. Chances are, many of today’s workers are counting on those benefits once they retire. In a recent AARP survey of Americans 18 and over, 74% said they consider themselves reasonably informed about Social Security. Of those, 58% described themselves as somewhat informed, while 16% […]
Ohio couple worth $40M are weighing taking out a HELOC on their lake house — but Dave Ramsey says what they really need is a new financial advisor
This article adheres to strict editorial standards. Some or all links may be monetized. If you own a home and need money, a home equity line of credit (HELOC) allows you to borrow against your home’s equity, typically at a lower interest rate than other loan types. It can be a useful tool for disciplined […]
This man can’t decide whether to leave the business he helped create. Here are 2 reasons Dave Ramsey says he needs to be bought out immediately
When Colin from Arizona called into The Ramsey Show, he was facing a dilemma that many Canadian entrepreneurs eventually encounter: Whether to stay in a profitable business he helped build or walk away entirely. Colin earns about C$700,000 annually from a company generating roughly C$4 million in revenue. Despite the healthy income, his mental and […]