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Financial planner Martin A. Scott writes that a raise is an opportunity to make smart money choices. SmartAsset's free tool can find a financial planner to help you take control of your money »Get the latest tips you need to manage your money — delivered to you biweekly. A pay raise at work can provide someone who has higher-interest debt the option to expedite the process of paying it off completely. It is important for you to consult with a qualified professional on this topic as you get (and continue to) receive pay raises over time. As you continue to move into higher tax brackets, tax planning conversations (and strategies) should be discussed with a financial planner and/or tax professional, which can be of great benefit to your financial situation.

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☆ Gold firms on dollar slide; market focus on Fed minutes
▼ + stars: | 2023-01-04 | by ( Ashitha Shivaprasad | ) www.reuters.com time to read: +2 min

"Traders remain cautious ahead of the Fed minutes. The minutes will likely give an idea about the Fed's policy decisions and this will impact dollar and gold," said Hareesh V., head of commodity research at Geojit Financial Services. There are chances of more inflows to gold when the Fed starts easing policies." Bullion is seen as a hedge against inflation, but rising rates dull non-yielding asset's appeal. Traders also kept a tab on rising coronavirus infections in top gold consumer China after the country's abrupt COVID policy U-turn in early December.

If you get a small raise, consider increasing your 401(k) contribution by 1-2%. Instead of falling into bad financial habits, you can direct this additional money towards your financial goals. A larger raise can help you accelerate your financial goals, while a smaller raise (such as a cost-of-living adjustment) may not amount to much per paycheck. A budget is essential, since your ability to manage your cash flow directly impacts your ability to achieve financial goals. Committing to more debt and higher monthly expenses after a large raise is a money mistake that sometimes leads to financial regrets.

☆ Big Tech stocks set to surge next year after short-term turbulence, says Matrix Asset's Katz
▼ + stars: | 2022-12-23 | 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 EmailBig Tech stocks set to surge next year after short-term turbulence, says Matrix Asset's KatzDavid Katz, Matrix Asset Advisors CIO, joins 'TechCheck' to discuss Katz's outlook for technology stocks, how stock prices can go higher when earnings estimates may fall and more.

☆ Watch CNBC's full interview with Matrix Asset's David Katz
▼ + stars: | 2022-12-23 | 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 EmailWatch CNBC's full interview with Matrix Asset's David KatzDavid Katz, Matrix Asset Advisors CIO, joins 'TechCheck' to discuss Katz's outlook for technology stocks, how stock prices can go higher when earnings estimates may fall and more.

Commodity Futures Trading Commission data show that speculators now hold the smallest net short position in three-month 'SOFR' rate futures since April, and the largest net short dollar position since July last year. The CFTC report showed that funds and speculators cut their net short position in three-month Secured Overnight Financing Rate futures to 332,000 contracts from 532,000 the week before. chartSince mid-October, the SOFR curve has consistently implied a peak fed funds rate of around 5.00% by June next year. A short position is essentially a wager that an asset's price will fall, and a long position is a bet it will rise. CFTC funds are now holding a $16.6 billion net long euro position, compared with a $6 billion net short position at the start of September.

☆ Investing in Space: Temper your expectations
▼ + stars: | 2022-12-08 | by ( Michael Sheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. One that repeatedly comes up is the need for tempered expectations when it comes to schedule targets across the industry. Take, for example, an unabashed thread by ABL Space on its progress toward the debut launch of its RS1 rocket. Company leadership should be ambitious and optimistic about deadlines – but expectations need to be managed clearly and realistically, as well. The best space companies set targets that are achievable, and keep cushion on their balance sheet for when they aren't.

☆ We think the market will have a P/E expansion even with lower earnings, says Matrix Asset's Katz
▼ + stars: | 2022-12-01 | 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 EmailWe think the market will have a P/E expansion even with lower earnings, says Matrix Asset's KatzDavid Katz, Matrix Asset Advisors CIO, joins 'Power Lunch' to discuss whether market watchers are looking for an earnings slowdown, if it's still time to position yourself defensively and why he likes the stocks he does.

Funds' historic short position in two-year Treasuries futures coincides with the recent ramping up in anti-inflation rhetoric from Fed policymakers, including those of a more dovish inclination, such as San Francisco Fed President Mary Daly. Hedge funds, going by Commodity Futures Trading Commission positioning data, have thrown in the towel completely. A short position is essentially a wager that an asset's price will fall, and a long position is a bet it will rise. In bonds and rates, yields fall when prices rise, and move up when prices fall. Funds' record short position in two-year Treasuries futures suggests that's exactly what speculators are positioning for again.

☆ Emoji for expenses, penthouses and slipshod accounting: The most damning details from new FTX CEO's report
▼ + stars: | 2022-11-17 | by ( Rohan Goswami | ) www.cnbc.com time to read: +5 min

Penthouses, perks and personal items"In the Bahamas, I understand that corporate funds of the FTX Group were used to purchase homes and other personal items for employees and advisors. Other reports have detailed lavish perks allegedly given to FTX employees in the Bahamas. Ray's filing indicated that corporate funds were used to purchase homes for employees and advisors, sometimes in their name. For example, employees of the FTX Group submitted payment requests through an online 'chat' platform where a disparate group of supervisors approved disbursements by responding with personalized emojis." It isn't immediately clear what platform FTX used, although the company is known to have used Slack for internal communications.

☆ Watch CNBC's full interview with Schwab Asset's Omar Aguilar and Jefferies' David Zervos
▼ + stars: | 2022-11-10 | 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 EmailWatch CNBC's full interview with Schwab Asset's Omar Aguilar and Jefferies' David ZervosOmar Aguilar, Schwab Asset Management CEO and CIO, and David Zervos, Jefferies chief market strategist, join 'Squawk on the Street' to discuss if Thursday's inflation data, if Aguilar is more tuned into longer-term stickiness in inflation and more.

☆ How crypto giant Binance came to bail out its biggest rival, FTX, days after their billionaire founders got into a very public spat on Twitter
▼ + stars: | 2022-11-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

The CEO of Binance tweeted on Sunday the exchange would be liquidating all its FTT tokens due to "recent revelations." On Monday, FTX head Bankman-Fried tweeted "a competitor is trying to go after us with false rumors." Bankman-Fried announced on Tuesday his exchange FTX is to be acquired by Binance. The most recent brawl started on Sunday when Zhao tweeted Binance would be liquidating all its FTT tokens — a crypto token native to FTX — due to "recent revelations." The former announced the deal with Binance, and Zhao said Binance "signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch."

☆ Gold retreats from three-week high as firmer dollar dulls appeal
▼ + stars: | 2022-11-07 | by ( Ashitha Shivaprasad | ) www.reuters.com time to read: +2 min

Spot gold was down 0.6% at $1,670.29 per ounce, as of 0230 GMT. It's not unusual to see prices retrace against a large move from the prior session, gold is pulling back as the dollar gently rises, said City Index analyst Matt Simpson. Investors will now focus on the U.S. inflation data due later this week. "U.S. inflation data has the ability to make or break gold. Whilst markets currently favour a 50 basis-point rate hike, a hot inflation print would likely see odds for a 75 bps increase and send the dollar higher and gold lower," Simpson added.

ORLANDO, Fla., Nov 6 (Reuters) - Hedge funds have given up the ghost on a Fed pivot coming any time soon. A short position is essentially a wager that an asset's price will fall, and a long position is a bet it will rise. In bonds and rates, yields fall when prices rise, and move up when prices fall. The two-year yield on Friday hit a fresh 15-year high of 4.80%, up a staggering 80 basis points from a month earlier. They upped their end-2022 two-year Treasury yield forecast by 20 bps to 4.90%.

☆ 2 real estate experts break down the implications of institutional investors and crowdfunding platforms entering the crowded housing market, and what it means for potential homebuyers
▼ + stars: | 2022-11-06 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +9 min

Institutional investors have been under fire lately for eating up real estate market share. "Investors gone wild"According to independent real estate market analyst John Wake, the pandemic-induced era of easy money brewed the perfect storm for a land grab in the housing market. He believes that the most important trend in today's housing market is the sheer amount of capital chasing new homes. The influx of these institutional investors has only exacerbated the massive supply-demand imbalance the real estate market currently faces, Wake said. So the idea was to provide an alternative source of funding to encourage public investments in real estate," he explained.

☆ Gold heads for weekly loss on hawkish Fed stance
▼ + stars: | 2022-11-04 | by ( ) www.cnbc.com time to read: +1 min

A selection of gold jewellery displayed in the window of a store in the Dubai Gold Souk in Deira, in the United Arab Emirates. Gold prices were little changed on Friday, but the metal was headed for a second straight weekly drop as a stronger dollar and U.S. Federal Reserve 's hawkish policy stance clouded outlook for the non-yielding bullion. Spot gold rose 0.1% at $1,631.33 per ounce, as of 0043 GMT, but it was down 0.6% for the week so far. On Wednesday, the Fed raised interest rates by 75 basis points and Chair Jerome Powell vowed to "keep at" their battle to beat down inflation. Gold is considered an inflation hedge, but rising interest rates dent the non-yielding asset's appeal.

☆ Watch CNBC's full interview with Mark Asset's Morris Mark
▼ + stars: | 2022-10-25 | 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 EmailWatch CNBC's full interview with Mark Asset's Morris MarkMorris Mark, Mark Asset Management founder and managing partner, joins 'TechCheck' to discuss his sense of where Mark Zuckerberg has Meta right now, why he has little near-term confidence in the company and more.

☆ Mirae Asset in talks to help fund Elon Musk's Twitter deal - source
▼ + stars: | 2022-10-24 | by ( Hyunjoo Jin | ) www.reuters.com time to read: +1 min

SAN FRANCISCO, Oct 24 (Reuters) - South Korea's Mirae Asset Financial Group is planning to commit about 300 billion Korean won ($208 million) to help finance Elon Musk's $44-billion buyout of Twitter Inc (TWTR.N), a person familiar with the matter told Reuters on Monday. The deal with Mirae is expected to be finalized in the coming days before the deadline for the closing of the Twitter deal on Oct. 28, the source added. Mirae Asset earlier this year invested in Musk's rocket and satellite company SpaceX, the person said. Register now for FREE unlimited access to Reuters.com RegisterMusk's lawyer and Mirae Asset were not immediately available for comments. Tesla investors have feared the billionaire might sell more Tesla stocks to finance the deal, weighing on its shares.

chartchartA short position is essentially a wager that an asset's price will fall, and a long position is a bet it will rise. In aggregate, funds' short position of almost 125,000 contracts is the largest since November last year. But it failed to materially reduce the net speculative wager because funds also substantially reduced their long yen position. Ultimately, funds trimmed their net short yen position by only a few thousand contracts following the Sept. 22 intervention. The latest CFTC data shows they evidently felt confident enough to load up on short yen positions again.

Goldman Sachs analysts predict gross finance costs for the listed UK real estate firms it covers may rise by 75% over the next five years. UK REITs are using less leverage now than before the financial crisis. Leisure and retail property vacancy rates also remain above pre-pandemic levels, Local Data Company figures show, at 10.6% and 15.4% respectively. The stock market also signals growing investor caution around UK commercial property, with an index of 15 UK REITs down 44% so far in 2022 (.TRXFLDGBPREIC) compared with a 9.8% fall in the wider FTSE 350 (.FTLC) . UK REITs index vs 30-year gilt yield($1 = 0.8906 pounds)Register now for FREE unlimited access to Reuters.com RegisterEditing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

☆ California isn’t the No. 1 state for cryptocurrency enthusiasts—but it still ranks in the top 7
▼ + stars: | 2022-10-21 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Cryptocurrency enthusiasts may want to consider moving to Nevada: It ranks as the No. Local governments aren't allowed to tax blockchain technology, the underlying tech that cryptocurrency relies on to operate, for example. Although California is home to Silicon Valley and known as a hub of tech innovation, it ranked third in SmartAsset's study. Californians search for crypto-related keywords on Google more than any other state, but government regulation of cryptocurrency use remains unclear in the state, which dragged down its ranking. Here are the top seven states for cryptocurrency enthusiasts, according to SmartAsset:1.

☆ These 10 cities are the best places to work from home in the U.S., new report finds
▼ + stars: | 2022-10-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

SmartAsset's report ranked 100 of America's largest cities across eight metrics including the percentage of the workforce that works from home, median monthly housing costs, unemployment rate, income tax rate, coffee shop density and bar density to determine the best city for remote work. Austin, Texas snagged the number one spot, with Scottsdale, Arizona and Pittsburgh, Pennsylvania trailing closely behind. "The five-year change in the percentage of people working from home was 30.6%, which was the seventh-highest percentage in our study." "With more affordable housing costs, workers may be able to buy or rent a larger home that can accommodate an office." Similar to Scottsdale, professionals earning $75,000 will be taxed by the federal and state governments at 22.90%.

This was the fourth straight week that funds have reduced their collective bet on rising U.S. interest rates. A short position is essentially a wager that an asset's price will fall, and a long position is a bet it will rise. Funds are now holding the smallest net short three-month SOFR position since July, and it has pretty much halved in the last six weeks. There have only been 11 weeks of bigger net short positions since the contract's launch over 30 years ago. "With 2s already at 4.5% and the terminal Fed funds rate in March 2023 almost at 5%, it seems unlikely that 2s can sell-off much more in the near term.

☆ Here are all five parts of our series on how to analyze an earnings report
▼ + stars: | 2022-10-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +85 min

Operating income Once we remove operating expenses from gross margin dollars , we are left with what is known as operating income. This is especially important from a cash flow perspective as many companies define free cash flow (a non-GAAP metric) as "operating cash flow less expenditures on property, plant and equipment." Part 3: Cash flow analysis The cash flow statement is the middle child in a financial report — it gets overlooked. Investors may look to use operating cash flow or free cash flow for this equation. AMC's cash flow Let's finish by taking a look at the cash flow statement.

☆ Gold flat as firm dollar, U.S. rate-hike outlook dent appeal
▼ + stars: | 2022-10-11 | by ( ) www.cnbc.com time to read: +1 min

Gold products are on display in front of a jewellery store at a shopping area in Elazig, Turkiye. Gold prices were flat on Tuesday, pinned near a one-week low hit in the previous session, as a firmer dollar and the prospect of further oversized rate hikes by the U.S. Federal Reserve sapped the zero-yielding asset's appeal. Spot gold was flat at $1,668.29 per ounce, as of 0143 GMT. While gold is considered a hedge against inflation and economic uncertainties, rising interest rates reduce appeal for the asset, which pays no interest. Spot silver fell 0.4% to $19.57 per ounce, platinum dipped 0.1% to $897.50 and palladium rose 0.2% to $2,176.00.

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