Business

Update Your Wills to Avoid Future Complications

Update Your Wills to Avoid Future Complications

Key Takeaways Warren Buffett recommends letting adult children review your will before signing it to ensure they understand your decisions and their future responsibilities. Buffett said he takes questions and comments from his three children and has often adopted their suggestions when updating his will. Open discussions about inheritance plans can prevent family conflicts and jealousies that often arise after a parent's death. Legendary investor Warren Buffett has smart estate-planning advice for all parents, regardless of their wealth level: Let your adult children read your will before you sign it. In a revealing November 2024 letter to shareholders, the Berkshire…
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Why Buffett Says Book Value Is a Poor Way To Judge a Business

Why Buffett Says Book Value Is a Poor Way To Judge a Business

Key Takeaways Warren Buffett has pointed out that book value can significantly misstate the intrinsic value of a business. He prefers using intrinsic value, "the discounted value of the cash that can be taken out of a business during its remaining life." Buffett goes so far as to say, "In all cases, what is clear is that book value is meaningless as an indicator of intrinsic value." Warren Buffett has repeatedly reminded investors that book value is often a poor measure of a business. The calculation itself is simple: take the total assets minus liabilities. But book value, Buffett says,…
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Make Sure You Know How The 2026 Tax Bracket Changes Impact You

Make Sure You Know How The 2026 Tax Bracket Changes Impact You

Income for single-filers Income for married couples filing jointly Marginal Income Tax Rate $640,601 or more $768,701 or more 37% $256,226 to $640,600 $512,451 to $768,700 35% $201,776 to $256,225 $403,551 to $512,450 32% $105,701 to $201,775 $211,401 to $403,550 24% $50,401 to $105,700 $100,801 to $211,400 22% $12,401 to $50,400 $24,801 to $100,800 12% $12,400 or less $24,800 or less 10% Tax Brackets Can Be Used To Help Guide Your Withdrawal Strategy Patrick Huey, a CFP and owner of Victory Independent Planning, suggests that knowing where you fall within the tax brackets can help you make smarter decisions about…
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Index Plunges as Trump Threatens Hiking Tariffs on China

Index Plunges as Trump Threatens Hiking Tariffs on China

Key Takeaways A number of high-flying tech stocks tumbled Friday, Oct. 10, 2025, amid worries about worsening U.S.-China relations, while a snack and soft drink giant extended its post-earnings gains.Advanced Micro Devices and other semiconductor firms were among the S&P 500's biggest decliners.PepsiCo stock added to its climb in the wake of a strong earnings report driven by international growth. High-flying tech stocks led the S&P 500 lower Friday, Oct. 10, 2025, amid worries about worsening U.S.-China relations. Meanwhile, a snack food and soda maker built on its momentum in the wake of an upbeat quarterly report. Major U.S. equities…
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Trump Increases Tariffs on Chinese Goods by 100%

Trump Increases Tariffs on Chinese Goods by 100%

Key Takeaways President Donald Trump said he will impose an additional 100% tariff on goods from China starting Nov. 1, reigniting a trade war between the world's two largest economies.China has leveraged its dominance of the rare earth market as a bargaining chip in trade negotiations with the U.S., which relies heavily on rare earths for its high-tech industries. The U.S.-China trade war flared up again on Friday when President Donald Trump announced an increase in import taxes as part of a dispute over critical "rare earth" minerals that China exports.In a lengthy social media post early on Friday, Trump…
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Stocks End Sharply Lower as U.S.-China Trade Tensions Resume; Major Indexes Post Weekly Losses

Stocks End Sharply Lower as U.S.-China Trade Tensions Resume; Major Indexes Post Weekly Losses

Noteworthy S&P 500 Movers on Friday October 10, 2025 06:05 PM EDT Decliners Chip design software firm Synopsys (SNPS) and Teradyne (TER) each dropped about 9%, while Advanced Micro Devices (AMD) and Microchip Technology (MCHP) tumbled roughly 8% as semiconductor-related stocks were among the S&P 500's biggest decliners. AI favorite Nvidia (NVDA) finished nearly 5% lower after climbing to a fresh intraday record ahead of Trump's comments. Shares of Tesla (TSLA) and Amazon (AMZN) also dropped about 5% amid broad-based declines, with the tech sector taking the heaviest hit. Consumer staples marked the only sector in the S&P 500 to post…
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National Savings Day Reminds Us To Save Smarter—Here’s Where You Can Earn the Most

National Savings Day Reminds Us To Save Smarter—Here’s Where You Can Earn the Most

Key Takeaways As National Savings Day on Sunday, Oct. 12, spotlights the value of saving, you can still earn strong returns on cash despite last month's Fed rate cut. The top high-yield savings and money market accounts continue to offer up to 5.00%, while the best CD rate stands at 4.45%. The best brokerage and robo-advisor cash accounts currently pay up to 4.05%, while U.S. Treasuries yield as much as 4.63% today. Our tables below compare today’s top rates across banks, credit unions, brokers, robo-advisors, and Treasuries. The full article continues below these offers from our partners. Cash Yields Reach…
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Are You Eligible? Discover Which Jobs Qualify for Student Loan Forgiveness in 2025

Are You Eligible? Discover Which Jobs Qualify for Student Loan Forgiveness in 2025

Key Takeaways Student loan forgiveness programs, such as the Public Service Loan Forgiveness (PSLF) program, offer relief to borrowers who work in qualifying jobs.Being eligible for PSLF requires meeting specific employment criteria and making qualifying payments.Each loan forgiveness program has its own set of requirements that must be met in order to qualify for loan cancellation. Student loan forgiveness is a way to have a portion or all of what you owe on your student loan balance canceled after you meet certain conditions. There are various student loan forgiveness programs, including Public Service Loan Forgiveness (PSLF), Teacher Loan Forgiveness, and…
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Looking to Short a Few Stocks? JPMorgan Analysts Have a Few Ideas

Looking to Short a Few Stocks? JPMorgan Analysts Have a Few Ideas

Key Takeaways JPMorgan analysts this week suggested a long list of ideas for bets that some stocks will fall.The suggestions covered companies ranging from restaurants to airlines, dating apps and tech. With stocks not far from their recent highs, are you looking to bet on which ones might fall?  Some investors look to profit from share prices they consider elevated by making short bets, borrowing shares to sell that they then seek to repurchase when they’re less expensive, pocketing the difference. Earlier this week, JPMorgan asked its analysts to pick their favorite short ideas headed into the start of the…
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This Charming Wisconsin City Offers Retirees Affordable Living and Unforgettable Weekend Escapes

This Charming Wisconsin City Offers Retirees Affordable Living and Unforgettable Weekend Escapes

Key Takeaways Milwaukee International Airport connects to 30+ nonstop destinations via nine major airlines, with downtown just 15 minutes away.  Housing costs average $1,156 monthly—45% below the national average of $2,120—freeing up significant funds for travel. Milwaukee County features 35 hospitals, 1,400 health care establishments, and ranks #26 nationally for health care quality according to U.S. News & World Report. The city offers 15,000 acres of parkland, 135+ miles of trails, and 300+ arts venues, including 28 museums, and hosts 100+ annual festivals. If you're looking to travel more during your retirement, finding the right home base makes all the…
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