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☆ How to Invest in Stocks
▼ + stars: | 2022-12-30 | by ( ) www.wsj.com time to read: +23 min

Set your time frameWhen you’re ready to invest in stocks, it’s natural to start by looking at how the stock market has performed recently. If you’re saving for the long-term: Invest in stocksOn the other hand, if you have a long-term financial goal—especially retirement, but any goal a decade or more out—you can afford to invest in the stock market. Decide how much risk to takeJust because you have time to invest in stocks doesn’t mean you have the stomach. Return Best Year Worst Year Years with a loss 100% Stocks 12.3% 54.2% -43.1% 25/96 80% Stocks 11.1% 45.4% -34.9% 24/96 60% Stocks 9.9% 36.7% -26.6% 22/96 40% Stocks 8.7% 35.9% -18.4% 19/96 20% Stocks 7.5% 40.7% -10.1% 16/96 100% Bonds 6.3% 45.5% -0.8% 20/96 VanguardStep 3. Most ETFs are index funds, meaning they merely aim to match the returns of a stock market index, although some target very narrow slices of the market, such as just tech stocks or just energy stocks.

It might not be a surprise that the three biggest financial institutions in the US are Bank of America, Chase, and Wells Fargo. Compare Bank of America and Chase and Wells Fargo Bank of AmericaChaseWells Fargo Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Standout feature Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Bank of America Advantage Savings Account Chase Savings℠ Wells Fargo Kids Way2Save Savings Account APY 0.01% to 0.04% 0.01% effective as of 10/10/2022. Bank of America, Chase, and Wells Fargo are all FDIC insured.

Welcome to Personal Finance Insider, a biweekly newsletter that connects you with the stories, strategies, and tips you need to be better with money. Here's what: Don't panic over holiday spendingThe holidays are such a fun time of year, but it goes without saying that they can come with a hefty cost. It's so easy to overspend and get off track with your budget and financial goals between dinners and parties, holiday planning and gift-giving. And even if you carefully laid out a holiday budget ahead of time, unexpected costs can add up quickly. The 18 best personal finance books for 2022Ready to get your finances on track in the new year?

☆ How to Build an Emergency Fund
▼ + stars: | 2022-12-26 | by ( ) www.wsj.com time to read: +8 min

“Covid really drove home the importance of having an emergency fund,” says Diana Linn, a wealth advisor in Newton, Mass. But the rest of setting up an emergency fund, from estimating your needs to opening an account, is relatively simple. Chen recommends multiple emergency funds, with different time frames and purposes: a short-term fund for any last-minute necessary purchase like a new car battery that you’d otherwise charge on a credit card; a midterm fund for repairs, like a new water heater; and a long-term emergency fund for when you lose your job. Decide how to reach your savings targetThe surest way to build up an emergency fund is to regularly put aside a portion of your earnings into an emergency savings account, preferably as an automatic debit from a checking account. Decide where to keep your emergency fundThere are several savings vehicles you can use for your emergency fund, both online and otherwise.

I work part-time, so I can't afford to give expensive holiday gifts. You may be surprised to learn that there are actually many options for gifts that don't require spending a ton of money. Set expectations with othersOne thing I do to make my Christmas budget-friendly is set expectations with family and friends. If we had set expectations better as a group, things might have gone differently. When I really want to give my friends and family nice gifts, I use a sinking fund.

Try to avoid taking on new debt you don't need, like a house or car. Look critically at smaller expenses, too — there's no reason to keep paying for things you don't use. Although you typically need a job and financial security to buy a home, it does not make a purchase of this magnitude recession-proof. Excess groceriesA lot of consumers impulse buy at the grocery store, but during a recession when you need to control your spending, it's important to grocery shop with a plan. During a recession, it's important to pay attention to spending and be wary of making unnecessary and expensive purchases.

☆ 3 easy ways to prevent Slack from taking over your day, according to its cofounder
▼ + stars: | 2022-12-01 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

Slack helps staff at 100,000 organizations and 77% of Fortune 100 companies stay in touch in the era of hybrid working, according to the company. Decide when you won't respond to messages and schedule messages to respect others' work hoursHenderson said he had no patience for bosses who send emails at night, like Elon Musk. Slack has staff working across time zones, so it wasn't possible to schedule a meeting for everyone to attend, Henderson said. Henderson uses Slack Clips to record short videos that replace information-sharing meetings. Staff are also encouraged to post updates in the Slack channel dedicated to a particular project to cut down on meetings, he said.

Also: Put your money in a high-yield savings account — you can earn around 3% interest right now. We just experienced the longest bull market in economic history, with the stock market increasing in value for 11 years straight. Consolidate your debt into fixed interest rate loansIf any of your debt has variable interest rates, consider moving that debt into a loan that has a fixed interest rate so your interest rate won't change. For instance, if you have credit card debt, chances are the interest rates have gone up. When you move your money into high-yield savings, consider also increasing your savings amount by 10%.

Most people who have credit card debt throw all their cash and windfalls at the debt. One of the biggest insights I've learned working with Brunch & Budget clients is that the best way to pay down debt is to save. What usually happens when you try to pay off credit card debtGetting into debt can happen in a flash. At some point, you hit your credit card screw-it number and just start charging everything to the card. For instance, if you've been putting $250 per month away in savings, put $125 towards savings and $125 towards the credit card debt.

☆ A former banker quit his six-figure job to start a VC firm that funds underrepresented founders and minority entrepreneurs. He shares his top 5 guiding principles for success when evaluating a new inv
▼ + stars: | 2022-10-15 | by ( Jennifer Streaks | ) www.businessinsider.com time to read: +7 min

He founded Tings Capital, a venture capital firm dedicated to investing in underrepresented entreprenuers. A former banker quit his six-figure job to start a VC firm that funds underrepresented founders and minority entrepreneurs. Companies with strong management: Stable, responsible management is just one variable that will impact whether or not a company is profitable. Ng knows that he has a long way to go, diversity in venture capital remains elusive and minorities are still having a hard time gaining access to VC funding. He seeks to bridge the gap between the typical venture capital firm and those seeking funding.

☆ I've helped people land jobs at Google and Facebook—here's the No. 1 resume mistake I've been seeing lately
▼ + stars: | 2022-10-12 | by ( Jermaine L. Murray | ) www.cnbc.com time to read: +3 min

I've spent the last six years as a recruiter and career coach, helping people land jobs at major companies, including Microsoft, Google and Facebook. 1 resume mistakeLately, the biggest resume mistake I've been seeing people make is "keyword stuffing" — or trying to use as many keywords from the job description as possible. How to use keywords on your resumeA simple tip to remember: Use keywords with humans in mind, not machines. For example, let's say one of the required skills in a job description is "Microsoft Excel." I recommend including at least nine key skills and grouping them into columns of three, spread evenly across the top of the resume.

Bank of America, Chase, and Wells Fargo have the most bank locations in the US. Compare Bank of America and Chase and Wells Fargo Bank of AmericaChaseWells Fargo Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Read our review Read Our Review A looong arrow, pointing rightBank of America vs. Chase vs. Wells Fargo savings account comparisonsMost brick-and-mortar banks pay a low interest rates on savings accounts. Bank of America Advantage Savings Account Chase Savings℠ Wells Fargo Kids Way2Save Savings Account APY 0.01% to 0.04% APY 0.01% APY effective as of 09/26/2022. Your money will be safe in a bank account if a financial institution is federally insured by the FDIC or NCUA.

☆ How to get through an unexpected layoff without settling for a job you hate, from someone who's done it
▼ + stars: | 2022-08-12 | by ( Jeffrey Fleischman | ) www.businessinsider.com time to read: +9 min

Early in his career, he weathered an unexpected layoff, and he says that everyone should expect at least one inopportune event like this in their careers. People would assume it was due to low performance, and it often became an obstacle to finding a new job. Not surprisingly, this serial layoff culture has led to the rise of the perennial passive job seeker. Unless you're incredibly lucky, you will experience at least one layoff or change in role that forces you to look for a new job. Make it a priority to create a financial safety net, and take a proactive approach to monitoring the job market.

A self-directed IRA (SDIRA) is a kind of retirement account that allows you to invest in assets that are off-limits to regular IRAs. You directly manage your self-directed IRA, and so are responsible for researching your investments and their tax consequences. If that sounds like you, a self-directed IRA (SDIRA) might be worth a closer look. Self-directed IRAs (SDIRAs) are structured like standard IRAs, with the same contribution limits, distribution rules, and tax advantages. That's not always the case with SDIRA assets, and your capital could be tied up in assets you no longer want.

Below, CNBC Select rounded up four of the best personal loan lenders that still accept applicants who have credit scores of 580 or lower. According to Upstart's website, applicants with a credit history should apply with a minimum credit score of 300 (though, Upstart also accepts applicants with no credit history). Sometimes, a potential borrower may have a low credit score because they have extremely limited credit activity. Other times, a lack of credit history may result in them having no credit score at all. OneMain Financial generally accepts applicants with at least a poor or fair credit score (the exact credit score minimum is not disclosed but for reference, a poor credit score is considered to be between 300 and 579 and a fair credit score is considered to be between 580 and 669).

OneMain Financial generally accepts applicants with at least a poor or fair credit score (the exact credit score minimum is not disclosed but for reference, a poor credit score is between 300 and 579 and a fair credit score is between 580 and 669). That's because the lender lets you apply for a personal loan that can be used for business purposes, something most personal loan lenders prohibit. Standout benefits: Universal Credit offers credit monitoring tools to help you monitor any changes to your credit score. More on our picks for best personal loan lenders that accept 580 credit scores or lowerUpstart Personal LoansUpstart is an AI-driven online lending platform that connects borrowers with lenders. Most personal loan lenders consider good to excellent credit scores, which means a FICO score of at least 670.

Persons: Will, it's, loans.Loan, you've, you'll, It's Organizations: Debt, OneMain, Loan, Universal, Universal Credit, OneMain Financial, Universal Credit Universal Credit, CNBC, CNBC Select's, Facebook, Twitter

☆ 3 mistakes people make when setting their New Year's resolutions, according to a psychotherapist
▼ + stars: | 2021-12-27 | by ( Amy Morin | ) www.businessinsider.com time to read: +5 min

Setting your sights too highDeclaring that next year is the year you're going to work out every morning can feel really good — at least at first. You'll likely question your ability to succeed and start thinking about giving up. Decide that you're going to hit the gym three days a week. When you hit $100, you'll feel good about yourself, and you'll get an extra boost in motivation. Resist the pressure to declare January 1 the date you're going to change your life.

Some money decisions call for reinforcement from a financial planner, who can help organize your overall financial picture, or focus on specific financial needs. 7 reasons to hire a financial plannerHere are 7 reasons you should consider hiring a financial planner. If this sounds like you, consider consulting a financial planner to formulate an investment strategy that satisfies your risk tolerance. There are a few things you should know about any financial planner you're considering in advance of booking an appointment. And by working together with a financial planner, you can work your way to achieving your financial goals — and financial freedom.

☆ Master Your Money Bootcamp: Calculate how much you need to save to achieve your goals
▼ + stars: | 2021-06-07 | by ( Tanza Loudenback | ) www.businessinsider.com time to read: +3 min

The goal for this week: Calculate how much you need to save on a regular basis to achieve your goals when you want. Decide on a target number for each savings goal. Then divide that number by 4% (the standard investment withdrawal rate) to get the target balance needed to retire. Note: The savings goal equation is meant to be conservative. It's likely that you will need to go back and adjust the target balance or target deadline for some of your goals.

If your credit score isn't great, you can still get approved as Avant looks at both your credit score and income. When determining eligibility for a loan, LendingPoint considers credit score, loan term, credit usage, loan amount and other factors. Personal loans are a form of installment credit, which affect both your credit report and your credit score. Student loans, personal loans and credit cards are all example of unsecured loans. Our methodologyTo determine which personal loans are the best for consumers with bad credit, Select analyzed dozens of U.S. personal loans offered by both online and brick-and-mortar banks, including large credit unions.

If your credit score isn't great, you can still get approved as Avant looks at both your credit score and income. When determining eligibility for a loan, LendingPoint considers credit score, loan term, credit usage, loan amount and other factors. Personal loans are a form of installment credit, which affect both your credit report and your credit score. Student loans, personal loans and credit cards are all examples of unsecured loans. Our methodologyTo determine which personal loans are best for bad credit, CNBC Select analyzed dozens of U.S. personal loans offered by both online and brick-and-mortar banks, including large credit unions.

Persons: Will, it's, you'll, You'll, OneMain Financial's, LendingPoint, prequalify Organizations: CNBC, OneMain, AK, AR, DC, Social, CNBC Select's, Facebook, Twitter Locations: Alabama, California, Georgia, Ohio, Virginia, Carolina, Nevada, West Virginia

☆ „Puterea poate și trebuie să fie controlată”. În Taraclia, un portal de știri online a implementat un proiect pentru dezvoltarea societății civile
▼ + stars: | 2021-01-18 | by ( Https | Www.Facebook.Com Unimedia.Info | Bogdan Țîrdea | ) unimedia.info time to read: +5 min

„Am inițiat acest proiect pentru că mulți încă nu înțeleg ce reprezintă Consiliul Raional, biroul Președintelui raionului și care sunt atribuțiile acestuia. Decide”, care a început în noiembrie 2019 și a durat timp de un an, portalul de știri online TUK.md a reușit să scrie o serie de materiale jurnalistice, investigații, sondaje, infografice, teste privind activitățile autorităților locale și cheltuielile fondurilor bugetare. După training, aceștia au venit la redacția TUK.md și au învățat cum să scrie cereri la Primărie. De multe ori, reacția cetățenilor și a publicului la materialele jurnalistice realizate de echipa noastră în cadrul proiectului a fost ambiguă. A fost necesar și trebuie continuat.

Persons: Lidia Gadarag ., . Decide, TUK.md, Lidia Gadarag, Lidia, Fundația Konrad Adenauer Organizations: Lidia Gadarag, Uniunea Europeană, Fundația Locations: Taraclia, Raionul Taraclia, municipali, Canal, tuk.md, Republica Moldova, Moldova

☆ 5 ways millennials can have the most impact donating their time and money to charity
▼ + stars: | 2020-12-30 | by ( Kristen Robinson | ) www.businessinsider.com time to read: +7 min

Also, consult the best financial advisors to take advantage of tax benefits, and consider non-traditional ways to give, such as through impact investing. Be tax-savvyMaking informed choices with your money can mean more tools in your charitable giving toolbox — and more to devote to your mission. You can complement your giving by choosing a values-based approach to investing, called impact investing. More than 77% of affluent millennials have made an impact investment — and there are many different ways to do this. Many companies now offer impact investing options as a part of company retirement plans.

Persons: —, you've, millennials, Baby Boomer, you'll, Kristen Robinson Organizations: Service, Fidelity Charitable, Baby Boomers, Fidelity, BI's Money

The right savings account is one that helps your money grow and has the features you want. While your checking account should be a pit stop for your money, a savings account is a holding cell for your cash until you're ready to spend it on your goals. For a starting point on your savings account research, Insider compiled a list of the best high-yield savings accounts available. Consider interest ratesWhen it comes to savings accounts, take a close look at high-yield savings accounts. There are many fee-free high-yield savings account options out there.

If you've ever had a credit card or taken out a loan, you have a credit report. If something looks wrong on your credit report, you can typically file a dispute directly through the online report or by calling the credit bureau. For all intents and purposes, your credit report is your financial report card. When you apply for a new loan or credit card, or request a credit limit increase, the lender will take a look at your credit report. Pick an appropriate sourceWhile websites such as Credit Karma or Credit Sesame will allow you to check your credit score at any time, you can only access your credit report three times a year — once from each of the three major credit bureaus, Equifax, Experian, and TransUnion.

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