Author: D.C. Poc
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Stocks end week on a good note
In a long-needed comeback week for the stock market, the Dow added 800 points while the S&P tallied 116. Considering the circumstances with rising inflation, supply-chain shortages, and dismal stock market performance in 2022, this was a much needed win for Americans.
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How to beat inflation, today!
If you’re sitting around reading news articles, you’re probably not feeling very good about the financial outlook of the country, your investments, or any other aspect of life related to money. Well, don’t fear, the Wealthy Idiots are here!
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Americans 401k balances will make you sad
401k plans are continually growing in popularity. Today, more and more employers are offering the plan, which has become a staple of the retirement system of the future in the United States. That doesn’t mean the balances are booming. In fact, they’re rather pathetic.
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Everything you need to know about interest rates
Over the past few weeks, I’ve been looking over our content for obvious gaps. While doing this, I realized that we have missed some of the more elementary lessons in personal finance. Among them: interest rates.
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Disaster warning: Americans have less free income
Inflation is surging, and as you would expect, this is causing Americans to tighten their budgets. This may or may not be working, as we’re seeing tons of people living paycheck-to-paycheck, even higher earners in many cases.
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Interest rate hysteria; can you buy now?
Deciding to buy a house can be an exhausting and expensive adventure. Today, mortgage rates complicate this even more. Do you know how much house you can buy? Keep reading to find out!
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Hurry, locate your old 401(k) plan to save money today!
As you’re leaving a job for greener pastures (hopefully), you also inadvertently leave your 401(k) behind. Keep reading to understand some of the bad things that can happen by doing this!