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Economy

“Inflation Hits July 4 Cookouts With Food Prices Up as Much as 36%”

June 28, 2022

“…Ground beef prices are up 36% from a year ago, while chicken breasts gained by a third, according to a survey from the American Farm Bureau Federation. Overall, revelers can expect to spend 17% more on food for a barbecue,… Continue Reading…

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Economy

“As energy prices rise, your heating bill is likely to jump by as much as 69%: Here’s what to expect”

December 6, 2021

“…Consumers who use natural gas as their primary heating fuel, about 47%  of U.S. households, can expect to spend 30% more this winter as they did last year, according to government estimates. The estimated average bill of $746 factors in… Continue Reading…

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Economy

“Americans have never been in so much debt”

November 10, 2021

“American households are carrying record amounts of debt as home and auto prices surge, Covid infections continue to fall and people get out their credit cards again.Between July and September, US household debt climbed to a new record of $15.24 trillion,… Continue Reading…

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Stocks

“Wall Street sees as much as 56% upside for its 20 favorite stocks”

September 7, 2021

“Wall Street’s favorites among the S&P 500 Analysts who work for brokerage firms tend to shy away from negative ratings. Among the S&P 500, there are no companies with majority “sell” or equivalent ratings. But the analysts still have clear… Continue Reading…

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Stocks

“GameStop Stock Fell So Much It Had to be Halted. That Didn’t Stop the Selloff.”

March 16, 2021

“GameStop stock dropped suddenly Monday morning, prompting a brief halt due to volatility. The stock fell wider than 15% to as low as $223.00, bounced back, and then fell even lower. Shares of videogame retailer GameStop (ticker: GME) this month have… Continue Reading…

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Personal Finance

Retirement: “Here’s how much money you should have saved by age 50”

October 3, 2020

“Although this guideline includes your retirement contributions and your investments, in addition to any cash savings, for many it can still be a difficult goal to reach. In a 2020 TD Ameritrade report, surveying 2,000 U.S. adults ages 40 to 79 with at… Continue Reading…

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Personal Finance

“Retiring with $1 million: How much you should save every month, broken down by age”

September 22, 2020

“…In fact, only 47% of retirees think they’ve built a large enough nest egg to last the rest of their lives, according to a 2020 survey conducted by the Transamerica Center for Retirement Studies. If your goal is to save $1 million, you’ll need… Continue Reading…

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Investing

“Here’s how much money you should have saved by age 30”

September 18, 2020

“In fact, retirement-plan provider Fidelity Investments says that to retire by age 67, you should have saved 1 times your income — or the equivalent of your annual salary — by the time you turn 30. This means that if you earn… Continue Reading…

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Banking, Economy

“Billionaire investor Jeffrey Gundlach predicts gold prices will ‘go much higher’ in the long-term”

August 12, 2020

“Billionaire bond investor Jeffrey Gundlach believes that gold (GC=F) prices will go higher in the long-term, but warns of a short-term reversal… On prior webcasts, Gundlach has talked favorably about the long-term prospects of the precious metal, saying in early… Continue Reading…

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Personal Finance

“Average 401(k) Balance by Age”

April 7, 2020

“Ages 20-29 The average 401(k) balance was $11,800 The median 401(k) balance was $4,300 The average contribution rate was 7% of compensation Ages 30-39 The average 401(k) balance was $42,400 The median 401(k) balance was $16,500 The average contribution rate… Continue Reading…

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