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Predictions, Opinions, & Comments

Long Term Stocks: Strategies For 2021

Usually I talk about penny stocks but I decided to do something a little different today. Right now I think commodities, precious metals, energy, and water are the best bets for long term investing. If you want to know what… Continue Reading…

Personal Finance

“What Is the Average 401(k) Balance by Age?”

“Average 401(k) Balance by Age Here are the average 401(k) balance by age range as of the second quarter of 2019, according to data released by Fidelity Investments. Ages 20-29 The average 401(k) balance was $11,800 The median 401(k) balance was $4,300 The… Continue Reading…

Stocks

“Dillard’s jumps more than 20% after one of Buffett’s investing lieutenants discloses personal stake”

“Shares of Dillard’s gained 27% on Monday — at one point during the session jumping more than 40% — after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer. According to filings with the Securities and Exchange… Continue Reading…

Personal Finance

“Average 401(k) Balance by Age”

“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…

Predictions, Opinions, & Comments

Tips & Strategies To Help Survive This Rocky Economy

What I’m about to say is very important. Due to the current state of world affairs its a horrible idea to be nonchalant or just go with the flow. Getting straight down to business. If you’re in a major city,… Continue Reading…

Economy, Personal Finance

“Nearly 1 in 3 American workers run out of money before payday—even those earning over $100,000”

“…For about a third of Americans, this is a regular financial stress, with 32% running out of money before their next paycheck hits, according to a new survey fielded by Salary Finance of over 2,700 U.S. adults working at companies with over… Continue Reading…

Economy

“New High of 90% of Americans Satisfied With Personal Life”

“Nine in 10 Americans are satisfied with the way things are going in their personal life, a new high in Gallup’s four-decade trend. The latest figure bests the previous high of 88% recorded in 2003… These results are from Gallup’s… Continue Reading…

Personal Finance

“Seven money moves you can actually make before the end of the year”

“Pull your monthly bank and/or credit card statements for the last year…Total all your debts…Total your savings.…Review your retirement account…Review your Social Security statement…Do a net worth statement…List your financial highs and lows for 2019…” https://www.washingtonpost.com/business/personal-finance/seven-money-moves-you-can-actually-make-before-the-end-of-the-year/2019/12/17/c6e94ac6-20dc-11ea-86f3-3b5019d451db_story.html The article goes into… Continue Reading…

Economy, Personal Finance

“Americans’ Credit Card Debt Poised to Reach 10-Year High”

“Americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade as banks push a record number of people to get plastic. The share of credit card borrowers who are at least… Continue Reading…