DIRS.INFO The most relevant business & tech news

☆ An Airbnb host who manages 60 properties and has earned 4,300 5-star reviews shares the biggest errors she sees newbies make
▼ + stars: | 2022-09-29 | by ( Dan Latu | ) www.businessinsider.com time to read: +7 min

After seeing her listing on the front page of Airbnb search results, other hosts in the area reached out for advice. Now, she runs an operation with six assistants that oversees 60 properties nationwide, from condos in Myrtle Beach to fishing cabins in Colorado. This strategy will only ultimately frustrate guests, Mosher said. In addition to bad reviews, hosts with an over-capacity space are increasing liability for their space and the wear and tear on their furniture. For example, instead of "Thanks for your message," Mosher sends guests: "Thank you for the fantastic communication, safe travels and happy adventures."

☆ Expect market upturn after midterm elections, says Ally's Lindsey Bell
▼ + stars: | 2022-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect market upturn after midterm elections, says Ally's Lindsey BellLindsey Bell, Ally Invest, joins 'Closing Bell' to discuss the markets and her outlook.

☆ Invest in homes in Argentina, England, and more for as little as $100 via these fractional-ownership startups
▼ + stars: | 2022-09-24 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Two startups that allow Americans to buy shares of overseas properties break down the process. Now Americans are showing more interest in Europe and other — relatively — cheaper spots abroad to buy pieds-à-terre and investment properties. Take Housie and Flyway, new startups that embrace a growing trend in real-estate investing: fractional ownership. HousieRight now, for a minimum of $100, users can buy shares of properties and receive dividends quarterly depending on how well the property does on the short-term market. Still in the preliminary stages, Flyway has sold some shares but the homes have yet to be rented out.

Restoring spare capacity to more comfortable levels will require a business-cycle downturn, which is why a recession or at least a serious slowdown is inevitable. RECESSIONS AS RESETSProfit-maximising enterprises do not intentionally invest in higher oil inventories or spare production capacity. Recessions in 1974, 1980, 2008 and 2020 all left oil production and consumption on a permanently lower trajectory than before. There is no recorded instance where spare oil production capacity rose when the global economy continued to grow strongly. It explains why inflationary pressures are cyclical, subdued in the immediate aftermath of a recession, when spare capacity is plentiful, then building progressively as the expansion matures and spare capacity erodes.

☆ Factbox: The challenges automakers, and now Tesla, face with humanoid robots
▼ + stars: | 2022-09-20 | by ( Hyunjoo Jin | ) www.reuters.com time to read: +3 min

A "Tesla Bot" humanoid robot prototype is seen in this undated handout image. GM-NASAFrom 2007 to 2012, General Motors (GM.N) and NASA joined hands to develop humanoid robots, R2, for assembly and space exploration. NASA said its current focus is the development of next-generation humanoid robots that can be used on the lunar surface and eventually on Mars. HYUNDAI MOTOR-BOSTON DYNAMICSBoston Dynamics created internet buzz with videos of its humanoid robots running, jumping, backflipping and dancing. FORD-AGILITY ROBOTICSIn 2020, Ford (F.N) bought two humanoid robots, Digit, from Agility Robotics, to test the delivery of a package to doorstop from a delivery vehicle.

Let's break down some of the myths around real estate as an investment that can mislead you — and in the process, show why real estate isn't a prerequisite for building assets. Real estate isn't always a good investment (or an investment at all)"Always" and "never" don't have a place in a savvy investor's vocabulary. Insider's Featured Real Estate Investing Platforms FundriseYieldstreet Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. You don't have to purchase a property to invest in real estate, anywayNone of this is to say that buying real estate is a bad move or won't work out in your favor. By investing in an REIT, you invest in a company that professionally buys, sells, and manages real estate properties for profit.

Read our review Read Our Review A looong arrow, pointing rightBottom line: Ally Invest Robo Portfolios is ideal for hands-off investors in search of automated ETF portfolios without fees. Ally Invest Robo Portfolios: Overall RatingFeature Insider rating (out of 5) Fees 5.00 Investment selection 4.25 Access 4.03 Ethics 4.50 Customer service 5.00 Overall score 4.56Is Ally Invest Robo Portfolios right for you? Ally Invest Robo Portfolios is an Ally Financial-affiliated automated account offering investing without fees for US residents. Ally Invest Advisors, Inc. manages the account and is in turn a subsidiary of Ally Invest Group, Inc. Read our review Read Our Review A looong arrow, pointing rightAlly Invest Robo Portfolios vs. FidelityAlly Invest Fidelity Investments Min.

☆ Is your boss 'quiet firing' you?
▼ + stars: | 2022-09-15 | by ( Bonnie Dilber | ) www.businessinsider.com time to read: +10 min

So what is quiet firing? Quiet firing is when an employer does the bare minimum to keep their employees: no support, no development, no growth, no rewards. Women, and especially women of color, are particularly susceptible to quiet firing. Lots of workers have been 'quiet fired'When faced with quiet firing, some employees get fed up and exit on their own. A few weeks ago, I wrote a LinkedIn post on quiet firing that quickly went viral.

Pros Check mark icon A check mark. No account or trading fees, and low fees to own funds Check mark icon A check mark. Access to Certified Financial Planners at no additional charge Check mark icon A check mark. Want a low-cost, hands-off investment account that combines automated features with management from a team of human investment professionals Check mark icon A check mark. Free stock, option, ETF, and cryptocurrency trades; 1.5% APY on uninvested cash Check mark icon A check mark.

Financial educator Soledad Fernández Paulino joined Insider for our Re/Thinking Re/Tirement Instagram Live event. On Monday, Insider hosted an Instagram Live event focused on early retirement with Soledad Fernández Paulino, a financial educator and founder of the blog Wealth Para Todos. Build a solid emergency fund"Before you start really investing aggressively, you want to make sure that you have an emergency fund. Traditionally, experts have advised that you keep three to six months of necessary expenses in emergency fund savings. "It depends on the financial security that you have in your life," said Fernández Paulino.

Persons: Soledad Fernández Paulino, Roth, —, Fernández Paulino, Roth IRAs Organizations: Financial, Service, IRA

By not following my friends' advice, I avoided a lot of losses on things like meme coins. I did a lot of research firstA lot of my friends rushed to buy meme coins — like dogecoin or shiba inu — when they went viral in both the news and on crypto forums in 2020. Since I'm new to this, I couldn't justify the risk of buying these meme coins since I didn't know much about them or what their purpose was. If I listened to my friends, I'd only be able to make gains from buying cryptocurrency. Some of my friends have been buying crypto for more than five years, and others have been buying coins since early 2020.

According to RenoFi, the average price of a single-family home in the U.S. could reach $382,000 by 2030. For example, the average price of a home in New York City this year is $795,000, but the average price around Albany in Upstate New York is $227,500, according to Redfin trends. It projects that San Francisco will have the highest average home value in the country at a staggering $2,612,484. For example, Betterment doesn't require clients to maintain a minimum investment account balance, but there is a ACH deposit minimum of $10. So if you want to buy a $400,000 home in 2030, you've got 9 years to start saving.

☆ What are ETFs and should you invest in them?
▼ + stars: | 2021-09-18 | by ( Elizabeth Gravier | Jason Stauffer | ) www.cnbc.com time to read: +3 min

ETFs typically mimic a market index like the S&P 500. Should you invest in ETFs? Since ETFs offer built-in diversification and don't require large amounts of capital in order to invest in a range of stocks, they are a good way to get started. Some of the best $0 commission trading platforms include the below: TD AmeritradeAlly InvestE*TRADEVanguardCharles SchwabFidelity Though ETFs tracking the S&P 500 are some of the most popular, be aware that very few ETFs track the S&P 500 as a whole, rather just components of the index. Bottom lineYou don't have to be so hands-on in order to invest with ETFs, and investing in them is an easy way to get started in the market.

My investment balance went from $0 to nearly $100,000 in less than five years. I followed a strategy many investors use to become millionaires: Buy and hold low-cost index funds. The author's Personal Capital investment balance dashboard shows steady progress over the last year despite daily fluctuations. I'm invested in stock index funds, bond index funds, and even real estate index funds. My investment balance could dip thousands of dollars below $100,000 in a matter of days, before leveling out and posting a gain in the long term.

Persons: —, I'd, Roth, Warren Buffett's playbook, Buffett, I'm Organizations: Service, Roth IRA, Savings, IRA

☆ Denmark's most popular eToro trader breaks down how his time as an elite chess player helped shape the strategy that made him 400% returns on bitcoin this year and led 20,000 people to copy his portfo
▼ + stars: | 2021-07-29 | by ( Tom Turula | ) www.businessinsider.com time to read: +7 min

His portfolio generated 44% in returns in 2020.Insider asked Jain Kongsted how he invests and why he thinks his portfolio is so popular. His background as an elite chess player gives him a leg up in investing"The best chess players know thousands of patterns on a chess board," Jain Kongsted said. Elite chess also taught Jain Kongsted to "keep his head cool" when trades go bad. Besides chess, Jain Kongsted is also champion of Scrabble. And he spent thousands of hours studying stock charts, "until they took on a life of their own."

Persons: Jain Kongsted, eToro, Jain, Jain Kongsed, they've, —, Elon Musk, Jain Kongsted didn't, Tesla, It's, That's Organizations: Business, Visa, Gamestop Locations: Denmark, Europe, Danish, bitcoin, cryptocurrencies

If you don't need your stimulus check money now, you could consider investing some or all of it. You can choose to go through an online brokerage, automated investing app, or a financial advisor. You typically won't be able to buy options through an automated investment app, but most online brokerages offer them. You should only invest your stimulus check if you don't need the money right now. Rickie Houston is a wealth-building reporter at Personal Finance Insider who covers investing, brokerage, and wealth-building products.

Fear of the stock market, an over-reliance on Roth retirement accounts, and savings mistakes are the biggest issues. We talked to a few financial planners about money mistakes they see millennials making, and some advice on how to change things. Roth retirement accounts are a useful way to save for retirement, but they might not be the best option for millennials. Money you put into a Roth account is taxed now, whereas money you put into a 401(k) or traditional IRA is taxed in retirement. You can request that your employer deposit 30%, for example, into your savings account and the remaining 70% into your checking account.

Persons: Millennials, Roth, —, TD Ameritrade, Kari Wolfson, Wolfson, Malik S, Lee, Felton, Shala Walker, Stavis, Cohen, Walker Organizations: Service, Deloitte, Peel Wealth Management, Smart

☆ Reading 2 short sentences in 'Millionaire Teacher' convinced me to change my retirement savings strategy, and it's helped me earn thousands
▼ + stars: | 2020-12-27 | by ( Alexis Rhiannon | Read More | Read Less | ) www.businessinsider.com time to read: +6 min

Four years ago I'd started saving for retirement, but I was too afraid to actually invest the money. But reading the book "Millionaire Teacher" opened my eyes: I learned quickly that I was missing out on years of compound interest. But then, two short sentences in the book "Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned In School" finally convinced me the answer was yes. "Over the past 90 years," Hallam wrote, "the US stock market has generated returns exceeding 9% annually. 'Millionaire Teacher' challenged my preconceived notions about the marketBefore I read "Millionaire Teacher," my understanding of the stock market was vague and amorphous.

Gerald Grant Jr. and Gerald Grant III are financial advisors in Miami and coauthors of a new book about building generational wealth. This article is part of "Money That Lasts," an ongoing series about generational wealth from Personal Finance Insider. In conversation with Business Insider, Gerald Grant Jr. and Gerald Grant III, father-son financial advisors at Equitable Advisors in Miami, said there are at least two ways Black Americans can start building wealth for themselves and their kids today. Income also appears to be a key factor in stock-market participation for Black Americans, according to a survey by Ariel Investments in 2015. About 57% of Black Americans earning between $50,000 and $100,000 were invested, while 81% earning $100,000 or more were invested.

It might be a good idea to hire a retirement adviser if you're within 10 years of retiring. Above all, look for a retirement adviser who is a fiduciary. Retirement advisors have extensive knowledge of investment markets, workplace retirement plans, pensions, and Social Security. There are three main types of financial advisors:Traditional financial advisors: Advisors that can provide personalized advice and product recommendations based on a client's needs and goals. They are also dShould I Hire a Retirement Adviser?

Using a SEP IRA, then a Solo 401(k), can let you save a lot for retirement. Jacob Lund/Shutterstock.comWriter Holly Johnson is self-employed, and she has used a SEP IRA and a Solo 401(k) to save for retirement. Contributions to a SEP IRA or a Solo 401(k) are calculated slightly differently, so it's important to compare both accounts when deciding which one to use. My husband was still working as a mortician, so nobody worried about our income or whether we had health insurance or a retirement plan. Initially, we rolled over all our accounts to Vanguard SEP IRA plans.

Search resuls for: "Ally Invest"

21 mentions found