Key Takeaways Net worth is valuable as a personal progress tracker rather than a comparison tool. Keep your debt-to-income ratio below 36%, and prioritize eliminating high-interest debt first. Traditional retirement benchmarks suggest having 1x your annual salary saved by age 30, 3x by 40, 6x by 50, 8x by 60, and 10x by 67. Maintain […]
5 Key Benchmarks To See Where You Stand Read More »
In This Article Buying a rental property isn’t only about how much money you earn, but also how much debt you have. If you plan to get a loan to finance your investments, maintaining a healthy debt-to-income ratio is essential. For investors, particularly those with several properties in their portfolio, carrying a lot of debt
America’s Debt-to-Income Map Reveals Key Stats About Local Real Estate Markets Read More »
Today is a rare day when it comes to economic data. The first Wednesday of any given month is often an important one for economic data because ISM Services often falls on Wednesday, joining ADP to create a duo with a strong track record of market movement. In today’s case, because of the government shutdown,
2 Key Reports, 2 Reasons to Sell Bonds Read More »
Since 1965, shares of Warren Buffett’s conglomerate, Berkshire Hathaway (BRK.B), have delivered a compounded annual return of 19.9%—almost double that of the S&P 500 over the same period. Unlike many of Wall Street’s famous money managers, Buffett has thrived during market crashes by following a straightforward approach any investor can follow: buying quality businesses at
Master the Market Crash with Warren Buffett’s Playbook: Key Dos and Don’ts Read More »
Key Takeaways Robinhood shares jumped Monday following news that the retail trading platform will be added to the benchmark S&P 500 index. The price broke out above a falling wedge pattern on Monday, indicating a continuation of the stock’s longer-term uptrend. Bars pattern analysis predicts a potential bullish price target of around $230 and indicates
Biggest S&P 500 Movers on Monday 39 minutes ago Advancers Shares of video game maker Take-Two Interactive Software (TTWO) rose 3.8% to reach an all-time high and secure the top daily performance in the S&P 500 after the company launched its latest professional basketball game and announced plans to develop a college basketball game. Uber
The manager of the cargo ship that caused the collapse of Baltimore’s Key Bridge in March 2024 should be denied the protections of a federal maritime law it seeks to invoke because it is not the owner of the ship, the state of Maryland says. The state attorney general and attorneys for wrongful death claimants
Maryland Moves to Deny Liability Limit Sought by Ship Manager in Key Bridge Collapse Read More »
KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. said the U.S. has pulled its authorization to ship essential U.S. chip-making tools to a key site in China, disrupting its manufacturing base in the Asian country. The world’s largest contract chipmaker said that it was informed of the removal of its “validated end user” status for its Nanjing
US Curbs TSMC’s Shipments of Key Chip-Making Tools to China Read More »
In the world of business owners and founders, confidence is the fuel that drives decisions, inspires teams and enables risk-taking and innovation. But even the boldest owners know that feeling a little scared sometimes isn’t a weakness — it’s often wisdom in disguise. In my experience, many issues that cause businesses to fail are years
Five Key Wake-Up Calls for Ambitious Business Owners Read More »
Key Takeaways Reaching early retirement doesn’t always erase money-related stress or insecurity. Some people may pursue FIRE because they think having a certain net worth will make them feel financially secure, but it’s important to interrogate those beliefs. Before you plan to retire early, carefully weigh your motivations for doing so and have a clear
Key Insights You Need to Know Read More »