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How long for the stock market to return big on investments
The stock market is one of the greatest wealth-building tools that exists, as long as you follow a few key rules. You'll need to know what you're investing in, watch your fees, build a diversified portfolio, and invest for the long term if you want the best chance to build wealth in the market.
You'll also need to do one of two other things: Invest early, or invest a lot. The good news is, you don't necessarily need to do both if your goal is to invest your way to a $1 million nest egg.
I get email or text alerts every time a new charge or payment posts to my credit card or bank account
I get email or text alerts every time a new charge or payment posts to my credit card or bank account. This morning I was concerned about a $32 charge, as it’s rare that I buy something that is a round number. It turns out it just was my grocery bill from Saturday — for some reason the the groceries worked out to be exactly $32. I’ll have to check the receipt which is in my truck, but that’s what I remember it being close to when I went shopping.
There are some under-the-radar hurdles that could trip up the stock market into year end
The case for stocks to carry higher through the end of the year is uncomplicated: It’s a bull market, most years finish strong, Covid vaccines are coming, the recent run-up has been broad and well-led by riskier stocks, profit expectations have turned up and the credit markets are in a giving mood.
The obvious thing working against this upbeat set-up are the burden of record Covid-case growth and the economic drag of health-related suppression measures.
NPR
Opponents questioned her views on monetary policy — which seem to shift depending on which party controls the White House — as well as her unorthodox support for the gold standard, a theory long discarded by mainstream economists.
In the aftermath of the 2008 global financial crisis, Shelton criticized the Fed for keeping interest rates low. But she changed course abruptly once President Trump was in office, backing his call for even lower interest rates.
Roth IRA – Wikipedia
A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free, and growth in the account is tax-free
A Rare Bipartisan Bill Would Expand Retirement Savings Options – Bloomberg
The bill would automatically enroll employees in their company’s 401(k) retirement plan, increase a tax credit for low-and-middle income individuals who save for retirement, and allow individuals who are at least 60 years old to save more for retirement in tax-favored accounts.