How Young Investors Can Navigate European Markets: Experts

Stock markets will periodically experience losing streaks […] Make It, a personal financial expert told CNBC, and every investor will experience that from time to time. Xavier Lorenzo | moment | Getty Images Investing was hot earlier in the Covid-19 pandemic — stock markets boomed, as did retail investment apps, meme stocks, and cryptocurrencies. Trading … Read more

3 Social Security changes in 2023 you probably didn’t know

(Kylie Hagen) The purchasing power of Social Security has been declining for decades, but rarely have seniors felt it as much as they did this year. Record inflation has made everything considerably more expensive, and that has made life very difficult for those with little or no personal savings to supplement their checks. But there … Read more

Avoiding a retirement account requires minimal distribution errors

Kemal Yildirim | E + | Getty Images You have about a month left to make sure you get it right when it comes to mandatory withdrawals from retirement accounts. Required Minimum Distributions, or RMDs as they’re called, are annual amounts that must be taken out starting in the year you turn 72 — up … Read more

IRA contribution limits are going up in 2023. Here’s how to make the most of it

(Kylie Hagen) IRAs are popular because of the freedom they give you to invest your money however you want, but they have one drawback: their low contribution limits. In 2022, you can only contribute $6,000 to an IRA or $7,000 if you’re 50 or older. These limits apply to all of your IRA contributions, not … Read more

How stay-at-home couples can build credit

Couples share a lot, but regardless of your relationship status, your credit score belongs to you and only you. Even if you get 100% financial support from your spouse or partner, establishing and building your credit score is essential. It can benefit both of you as you navigate financial decisions together. But in the event … Read more

3 ways saving for retirement can help your finances today

(Kylie Hagen) Saving for retirement is often seen as a form of delayed gratification. You choose not to spend some of your money now in exchange for more money in retirement. But this is an overly simplistic way of looking at things. Although you won’t realize the full benefit of saving for retirement until you … Read more

Congress may make it easier to allocate funds for emergency expenditures

Thomas Barwick | Digital Vision | Getty Images Many families struggle to get money when faced with an unexpected $400 expense. This lack of emergency savings may force them to borrow money at high interest rates to pay for sudden expenses, putting their financial security at risk. Now Congress has a window to address this … Read more

3 Tax moves that must be made by December 31

Dan Caplinger, The Motley Fool, Thanksgiving is here, and before you know it, it’s time to start planning your New Year’s Eve parties. But in addition to holiday shopping, planning for family trips, and everything else that comes with the holiday season, it’s important to tackle your tax planning before the end of December. In … Read more

Six things to do immediately after you calm down

Looking to tighten their belts and curb their budgets, corporate America is in a slash-jobs mindset these days, as some of America’s largest groups are furloughed by thousands of workers. meta (meta) – Get a free reportFacebook, formerly known as Facebook, laid off 11,000 employees in the second week of November. Twitter’s new boss, Elon … Read more