π₯ Read this awesome post from Investopedia | Expert Financial Advice and Markets News π π Category: Warren Buffett,Business Leaders,Business π‘ Main takeaway: Charlie Munger, a former Berkshire Hathaway (BRK.A, BRK.B) vice chairman and Warren Buffett's longtime right-hand man, said investors should be prepared for a brutal reality: If you can't sustain a 50% decline in your investment portfolio, you'll never achieve exceptional results. While many hope for an easy path to wealth, Munger's rule remains one of the most obvious and challenging tests for anyone serious about investing in stocks for the long term. The 50% drop test that…
π Read this awesome post from Investopedia | Expert Financial Advice and Markets News π π Category: Personal Finance News,News π‘ Hereβs what youβll learn: Key insights Americans generally plan to spend a little less money β but more time β on holiday shopping this year, the National Retail Federation said.Total spending is still expected to rise thanks to wealthy Americans, who have recently played a big role in fueling the economy, according to analysts. Americans are not expected to cut their vacation budgets this year. But they may spend more time looking for deals, and find smaller deals than…
β¨ Discover this insightful post from Investopedia | Expert Financial Advice and Markets News π π Category: Personal Finance News,News π‘ Main takeaway: Key takeaways Next week, the headline inflation report, which informs the Social Security Administration of the cost-of-living adjustment for 2026 benefits, will be released after being delayed due to the government shutdown.Open enrollment for Medicare began this week. Medicare enrollees should check how their plan's costs and coverage have changed to decide which option is best for them.An economic report released this week shows that companies are struggling to add jobs. This may encourage the Fed to…
π₯ Explore this must-read post from Investopedia | Expert Financial Advice and Markets News π π Category: Personal Finance News,News β
Hereβs what youβll learn: Key takeaways Some taxpayers, such as tipped workers or those who earn overtime wages, could see larger refunds in 2026 because the new tax cuts apply retroactively to 2025. The IRS won't adjust its withholding rules until 2026, which means some workers may overpay in taxes in 2025 and could get that money back. The One Big Beautiful Bill expands the child tax credit and the standard deduction, but experts say many taxpayers won't see…
π₯ Discover this must-read post from Investopedia | Expert Financial Advice and Markets News π π Category: Economic News,News π Key idea: Key takeaways Consumers will pay $592 billion in import taxes imposed by President Donald Trump by the end of 2025, according to a recent analysis.Businesses are passing higher trading costs onto consumers, leading to higher costs of living, according to separate reports from Goldman Sachs and the Federal Reserve Bank of St. Louis. American consumers are bearing the bulk of the tariff bill, and are likely to receive an increasing share of import taxes in the coming months,…
β¨ Explore this trending post from Investopedia | Expert Financial Advice and Markets News π π Category: Company News,News π Main takeaway: Key takeaways Regional bank stocks rebounded on Friday after falling on Thursday when two lenders said they were suing borrowers, raising concerns about unseen risks in the banking system.Jefferies analysts described Thursday's sell-off as "exaggerated" and considered the fraud allegations that precipitated the recession to be "private issues."Several bank executives said on earnings calls Friday that they were confident in the health of their nonbank lending portfolios. Regional bank stocks rose on Friday, rebounding from yesterday's sell-off, as…
π₯ Discover this awesome post from Investopedia | Expert Financial Advice and Markets News π π Category: Economic News,News π Hereβs what youβll learn: Key takeaways President Donald Trump admitted that the United States and China are in a trade war this week.The United States has threatened to raise tariffs on China to high levels, while China has threatened to cut off rare earth minerals that are essential to American industries.Trump and his Chinese counterpart are scheduled to meet in South Korea at the end of this month, and this could defuse the escalating tensions. The war of words raged…
π₯ Explore this insightful post from Investopedia | Expert Financial Advice and Markets News π π Category: Personal Finance News,News π‘ Key idea: Key takeaways Even when the Fed starts lowering interest rates, yields on savings and CDs will fall gradually, not collapse overnight. A high-yield savings account is always a smart move β it keeps you earning more cash, even when interest rates fall. If you have extra savings, consider holding a CD now to lock in one of today's strong rates for several months or even years. The full article continues below these offers from our partners. Interest…
π₯ Discover this awesome post from Investopedia | Expert Financial Advice and Markets News π π Category: Personal Finance News,News π Hereβs what youβll learn: Key takeaways The Federal Reserve is expected to cut its interest rate this month, but high-yield savings accounts and money market accounts are still paying up to 5.00%, while the best rate for certificates of deposit stands at 4.45%. Brokerage and robo-advisor cash accounts currently offer up to 4.04%, while US Treasuries yield up to 4.60%. See how today's top prices stack up across all options. The full article continues below these offers from our…
π Read this must-read post from Investopedia | Expert Financial Advice and Markets News π π Category: Personal Finance News,News β
Hereβs what youβll learn: The Department of Education is resuming student loan forgiveness under all current income-based repayment plans. In a court filing Friday afternoon, the department confirmed it would begin processing loan discharges under income-based, pay-as-you-earn, and income-contingent repayment plans. The Education Department said it will also ensure that borrowers who reach loan repayment qualifications in 2025 will not pay taxes on them. Earlier this year, the department temporarily suspended relief under all income-based repayment plans to comply…
