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☆ Wall Street is bullish on sports investing as major leagues' values outpace the S&P 500 by up to 5 times. Here's the strategy and sectors top firms are betting on.
▼ + stars: | 2024-11-26 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

AdvertisementFormula 1 kicked off the trend in 2006 after allowing private equity firm CVC Capital Partners to purchase it. Then, in 2021, the NBA allowed private equity to own up to 20% of franchises. For example, the value of Major League Soccer (MLS) was up by 1,565%, or almost five times the index. "You've seen many large private equity firms participating in that space over the past five years or longer, and that certainly has seen significant valuation growth. Below is a table from JPMorgan's 2025 outlook report showing private equity funds planned investment themes.

Persons: David Tepper, Steve Cohen, Jay Serpe, Ted Yarbrough, Serpe, You've, JP Morgan, Yarbrough Organizations: Sports, Carolina Panthers, New York Mets, Capital Partners, NBA, JPMorgan Private Bank, Major League Soccer

☆ A millennial used a little-known tax strategy to 'exchange' his rental property and sidestep capital gains taxes indefinitely. He explains the challenges and why it was worth the hassle.
▼ + stars: | 2024-11-26 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

AdvertisementJose Palafox used a DST 1031 exchange to defer taxes on his Portland rental sale. In the summer of 2024, Jose Palafox took advantage of a little-known tax strategy called a DST 1031 exchange, which allows investors to avoid capital gains tax on the sale of a rental property. Palafox was ready to sell his Portland rental, which had become more of a headache than a cash cow. Executing a DST 1031 exchange, in which you sell a property and reinvest the proceeds into a Delaware Statutory Trust (DST), not only allowed him to defer capital gains tax — it also released him from landlord responsibilities. To do a DST 1031 exchange, you have to be what's called an accredited investor.

Persons: Jose Palafox, Palafox, Palfox, I'd, you've Organizations: Delaware Statutory Trust, BI, DST Locations: Portland, San Francisco, Bay, Delaware

☆ I worked at Google and Meta: Here's the résumé that helped me land jobs at both companies
▼ + stars: | 2024-11-26 | by ( Andrew Yeung | ) www.businessinsider.com time to read: +6 min

AdvertisementAndrew Yeung landed roles at Google and Meta by perfecting his résumé. I was able to land a six-figure role at Google as a global product lead and Meta as a business planning and operations lead. A sample of the résumé that helped Andrew Yeung land jobs at Google and Meta. Most job seekers send out the same résumé everywhere, but recruiters and managers can easily spot the "spray and pray" approach. For every line item in your résumé, ask yourself: "How does this impact the bottom line of the company?"

Persons: Andrew Yeung, Yeung, Andrew Yeung Master, Andrew Yeung's, you've Organizations: Google, Meta, Spotify, Ivy League, EG

Thanksgiving week has arrived, and several early Black Friday sales have launched, including the Max Black Friday deal. View at Max What we like Check mark icon A check mark. The free (for now) B/R Sports Add-on includes TNT and TBS gamesCheck mark icon A check mark. Big selection of unscripted content from Discovery PlusCheck mark icon A check mark. Some shows and movies are being removed with little warningFAQWho is eligible for the Max Black Friday deal?

Persons: Max, Max Black, Max isn't, Harry Potter, you've, you'll Organizations: Business, HBO, Warner Bros, TNT, TBS, Black, Disney Plus, Hulu Locations: Turkey

☆ Flight attendants share secrets to surviving holiday travel
▼ + stars: | 2024-11-25 | by ( Francesca Street | ) edition.cnn.com time to read: +28 min

But it doesn’t have to, just ask the world’s flight attendants. “It’s important for flight attendants to know who is sitting in what seats,” she says. And during those quieter moments, he says flight attendants “honestly love to talk to passengers.”We love when people come back and talk to us. Liz SimmonsFor flight attendants, interacting with the occasional famous face is just part of the job. While gifts are thoughtful, flight attendants don’t expect them, and especially not extravagant ones.

Persons: anyone’s, Hunter Smith, Lihas, Liz Simmons, you’ve, Elijah Nouvelage, Smith, “, ”, you’re, Kamil Krzaczynski, Simmons, Mike Blake, FlightRadar, “ It’s, you've, Joshua Lott, don’t, Kent Nishimura, “ I’m, who’s, they’ve, it’s, — Simmons, ” Smith, there’s, — isn’t, ” Simmons, “ It’ll, Alexander Spatari, ” I’ve, who’ve, lister, I’ve, she’s, everyone’s, Liz Simmons “, ’ Simmons, Kevin Lamarque, “ I’ve, They’re Organizations: CNN, Reuters, Getty, Facebook, Los Angeles Times, Netflix, Hallmark, Hollywood, “, Disney Locations: Florida, AFP, earshot, Greece, You’re, London, New York, “

☆ Elon Musk acknowledges something that was obvious about the new Twitter: It's no longer a good place for links.
▼ + stars: | 2024-11-25 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

AdvertisementElon Musk says a lot of us are doing it wrong when it comes to posting links on X. Musk says this will stop "lazy linking." For anyone who posts links to X, it's been intuitively clear that since Elon Musk took over, posts with links don't get the same reach as they used to. This just stops lazy linking. AdvertisementMusk says this is meant to stop "lazy linking" — which … I'm not sure exactly what that is.

Persons: Elon Musk, it's, Paul Graham, Elon, You've, they're, … I'm, that's, — Paul Graham Organizations: Elon, Twitter

☆ The 7 most in-demand work-from-anywhere jobs companies are hiring for—some pay over $100,000
▼ + stars: | 2024-11-25 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

FlexJobs has identified the most in-demand work-from-anywhere jobs companies are hiring for by analyzing its database to find the highest volume of postings between June and November 2024. Such jobs are competitive: They account for only about 5% of all remote roles, FlexJobs reports. Some of the top companies hiring for work-from-anywhere jobs in the past six months on the platform include Duolingo, Invisible Technologies and the Wikimedia Foundation. Marketing, writing, project management and tech continue to be the fields with the most work-from-anywhere jobs. "For work-from-anywhere roles, employers are increasingly interested in workers who demonstrate advanced abilities, such as higher-level communication skills like negotiation, resourcefulness and problem-solving," Frana says.

Persons: FlexJobs, Toni Frana, Frana Organizations: Employers, CNBC, Technologies, Wikimedia Foundation, Marketing, Communications

Learn moreDigital artists, photographers, and animators are likely more than familiar with Adobe Creative Cloud and the suite's powerful lineup. Now through November 29, Adobe is offering its Creative Cloud All Apps subscription with a 50% discount. It's rare to find Adobe Creative Cloud on sale, especially for such a low price. The best Black Friday Adobe Creative Cloud dealsBlack Friday Adobe FAQsWhat does Adobe Creative Cloud include? Even if you only use two of these services, the Creative Cloud All Apps subscription is worth choosing over individual plans.

Persons: it's, you've, I've Organizations: Business, Adobe Creative, Adobe, Shoppers, Photoshop Express

☆ A December rate cut suddenly looks shaky as the market weighs Trump implications
▼ + stars: | 2024-11-25 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

With uncertainty lingering over how President-elect Donald Trump's policy intentions could affect vital parts of the economy, December no longer looks like a done deal for an interest rate cut. Primarily, it was Trump's victory and the extent to which his policies will stimulate the economy and perhaps goose inflation. In a recent CNBC interview, Bessent advocated for a gradual implementation of tariffs and insisted that Trump has no desire to stoke inflation. A market rally Monday lost a little bit of its steam as well as investors continued to weigh the prospects for Fed policy. "It is really, really hard to argue the other side of tariffs will slow growth and raise inflation.

Persons: Donald Trump's, Charles Schwab, Kathy Jones, Jones, Liz Ann Sonders, Schwab, you've, Sonders, Trump, Scott Bessent, Bessent Organizations: Traders, Federal Reserve, Fed, CNBC, Treasury, Nasdaq

☆ A career coach shares 4 things to immediately stop sharing online if you're looking for a job
▼ + stars: | 2024-11-25 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +5 min

Don't share your job search journeyWhen you're job searching, I'd heavily advise against documenting your journey. There has been a surge of people on LinkedIn, sharing what it's like to apply for jobs in today's market. Sharing things about depression, or anxiety, might make an employer wonder, "How is that going to impact our business?" Don't share your résumé onlineOn LinkedIn, there's an option to share your résumé — and I wouldn't recommend doing that. If you're a career coach who would like to share helpful job searching tips, please email Manseen Logan at mlogan@businessinsider.com.

Persons: Madeline Mann, Mann, I've, I'd, you've, Manseen Logan Organizations: Self, LinkedIn, Google Locations: Los Angeles, mlogan

☆ At 19, he dropped out of college—at 42, he's a bestseller: 'My last novel just debuted at No. 1 on the New York Times'
▼ + stars: | 2024-11-25 | by ( Gili Malinsky | ) www.cnbc.com time to read: +6 min

Klune attended community college for one semester, then got a job working as a claims adjuster at Geico in 2006. I will never be the world's best author, and I don't want to be. I want to write books that have footnotes. I want to write books that have notes in the margins and little doodles and everything like that. And that is the best thing in the world.

Persons: TJ Klune, Klune, I'd, —, You've, I've, you've Organizations: New York Times, CNBC Locations: Oregon, Geico, Verania, Virginia

☆ Alex Cooper signed a podcast deal for $125 million. She learned one of her top negotiating tips from her mom.
▼ + stars: | 2024-11-25 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

AdvertisementAlex Cooper, the host of "Call Her Daddy," signed a $125 million deal with SiriusXM in August. Alex Cooper, host of the hit podcast "Call Her Daddy," recently shared her tips on negotiation — one of which she learned from her mom. Cooper, who signed a $125 million deal with SiriusXM in August, said in an interview with Forbes on Friday that her top tip for negotiation is to practice the conversation. The deal allows SiriusXM to oversee the advertising and distribution of her "Call Her Daddy" podcast from 2025. AdvertisementThe art of negotiationNegotiating is a critical skill to master, whether to seal a business deal or secure a job offer.

Persons: Alex Cooper, Cooper, Lizzie Widhelm, I'm, Zs, what's, SiriusXM, Alix Earle, Harry Jowsey, Joe Rogan, Miley Cyrus, Hailey Bieber, Kamala Harris, Scott Greenstein, Alex, Leigh Thompson, Chris Williams, you've Organizations: SiriusXM, Forbes, Spotify, BI, Kellogg School of Management, Northwestern University, Microsoft

☆ Meet the Press – November 24, 2024
▼ + stars: | 2024-11-24 | by ( ) www.nbcnews.com time to read: +57 min

[END TAPE]KRISTEN WELKER:According to the Washington Post, President-elect Trump plans to fire the team that worked with the special counsel. So, I think President Trump is picking reformers for these Cabinet positions. After the midterms Joe Biden said that there was no way President Trump would ever be back in the White House. He's going to sign some executive actions, but he's also going to then begin to roll out this plan. I also think he's going to face some skepticism by Republicans on using the military, for instance, going kind of into different states.

Persons: KRISTEN WELKER, MATT GAETZ, Donald Trump’s, Matt Gaetz, SEN, KEVIN CRAMER, RON JOHNSON, PETER WELCH, Will Mr, Donald Trump, STEPHEN MILLER, Vladimir Putin, Adam Schiff of, Eric Schmitt of Missouri, Kelly O’Donnell, Jeh Johnson, Anna Palmer, Stephen Hayes, it’s, Kristen Welker, reconsidering, DONALD TRUMP, Gaetz, MARKWAYNE MULLIN, Trump, Pam Bondi, Bondi, Eric Trump, they're, Jack Smith, Pete Hegseth, Tulsi Gabbard, Bashar Assad, Nikki Haley, NIKKI HALEY, DNI, TOM HOMAN, Trump's, Russell Vought, Russ, who's, That's Russ, Schmitt, Press . SEN, ERIC SCHMITT, he's, Pam, should've, You've, everybody's, it's, Joe Biden, Merrick Garland, Kristen, Alvin Bragg, General Merrick Garland, I've, Jane Doe, Hegseth, didn't, there's, It's, She's, maybe's, Tulsi, I'm, We've, There's, He's, they've, Adam Schiff, Adam Schiff of California, Schiff, ADAM SCHIFF, Bashar al, Assad, Marco Rubio, Rubio, Debbie Wasserman Schultz, Gabbard, That's, —, Adam, Shifty, Donald Trump's, –, Harris's, Kamala Harris didn't, Joe Biden's, Biden's, Pelosi, Biden, Nancy Mace, Mace, Sarah McBride, McBride, Johnson, Kelly O'Donnell, KELLY O’DONNELL, Anna, we're, ANNA PALMER, JEH JOHNSON, we've, Lindsey Graham, I'd, Steve, STEPHEN HAYES, We're, Eric Schmitt, you've, Kelly, Scott Bessent, Newt Gingrich, Gingrich, NEWT GINGRICH, KELLY O'DONNELL, Let's, it's Trump, Obama, Tom Homan, Rand Paul, let's, Bob Gates, Leon Panetta, McConnell, They're, he'll, Mitch McConnell, Mitch McConnell's, Stephen, John Thune, Thune Organizations: Republicans, Biden Administration, Democratic, Adam Schiff of California, NBC, White, Homeland, Punchbowl News, The, Press, Justice Department, Pentagon, Republican Senators, BONDI, The Department of Justice, Washington Post, Trump, OMB, Press ., NBC News, Gaetz, DOJ, Patriot, White House, Department, Senators, Armed Services Committee, DNI, Democrat, intel, United States Senate, it's, Services, Judiciary, NATO, Capitol, Intelligence, Democratic Party, Homeland Security, Senate Republicans, Senate, Sears, Roebuck, FBI, Department of Defense, New, New York Cities, Biden, DOD, Republican Conference, Defense Locations: Ukraine, Washington, Florida, PRES, Pennsylvania, United States of America, New York, Atlanta, China, Russian, Hawaii, American, Europe, U.S, Russia, United States, America, Tulsi, –, Guantanamo

☆ Are seed oils toxic? It's complicated — here's what you need to know about the war over dietary fats
▼ + stars: | 2024-11-24 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +11 min

AdvertisementOver the past few years, fears about toxic and inflammatory "seed oil" have taken over the internet. What seed oil is actually doing in our diet is more complicated than either side lets on. The seed oils under fire, aka 'the hateful 8'lacaosa/Getty ImagesFor centuries, people around the world have used local oils, some of which could be classified as "seed oils," derived from mustard seeds and flaxseeds. Advertisement"There are things that are way more important for you than to even think about seed oils," Mozaffarian said. AdvertisementBazinet said, while the jury is still out on seed oils, some people may want to take extra precautions.

Persons: it's, Robert F, Kennedy Jr, Trump's, Richard Bazinet, Predrag Popovski, Dariush Mozaffarian, Mozaffarian, Mozaffarian —, who've, veganism, Joseph Hibbeln, Hibbeln, Artemis Simopoulos, Simopoulos, Stuart Walmsley, fryer, Bazinet, you've, chia Organizations: Health, Human Services, University of Toronto, Food, Medicine Institute, Tufts University, National Institutes of Health, Business, Michelin, Shake, Getty Locations: Eastern, Canada, Chipotle, China

☆ Microsoft is finally testing its Recall photographic memory search feature. It's not perfect
▼ + stars: | 2024-11-23 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft on Friday started letting people test Recall, its so-called photographic memory search feature for the latest Copilot+ PCs. Microsoft first touted Recall in May as a prominent feature that would only be available for cutting-edge Copilot+ PCs running the Windows 11 operating system, like the latest Surface Pro. A backlash from cybersecurity experts about the potential risks of Recall, however, led Microsoft to revamp it. Copilot+ PCs with AMD or Intel chips are out of luck for now. WATCH: Microsoft to release controversial Windows Recall AI search feature to testers in October

Persons: It's, you've Organizations: Microsoft, Pro, Qualcomm, Windows, AMD, Intel Locations: New York

☆ I've traveled my whole life, but at 75, a trip to an adult women's camp in France changed my life
▼ + stars: | 2024-11-23 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +5 min

AdvertisementVictoria Goyet, now 76, saw a post about an adult women's camp in France on Instagram. In August 2024, at 75, I attended a six-day summer camp for women in South West France. Related Video INSIDE QUANTICO — how Marine Corps officers survive the 7-month Basic SchoolTravel was a key aspect of my life long before I attended Camp Chateau. AdvertisementI ran across Camp Chateau on Instagram and was interestedIn the fall of 2023, I came across a women's camp in France called Camp Chateau that looked interesting, and decided to go. AdvertisementI had a life-changing realization while journalingOn the last day of camp, I attended a meditative journaling class.

Persons: Victoria Goyet, journaling, you've, Camp, I'm Organizations: Victoria, QUANTICO, Marine Corps, Chateau Locations: France, Instagram, South West France, I'm, Witchita , Kansas, England, Italy, Camp Chateau

☆ Cher came back from owing $270,000 in back taxes, only to wind up broke again. 6 points about money from her new memoir.
▼ + stars: | 2024-11-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementCher came back from owing $270,000 in back taxes only to wind up broke again years later. We owe the IRS $270,000 in back taxes and we don't have the money," Bono said to Cher in the late 1960s, in her telling. Cher's divorce from Sonny Bono was finalized in 1975. Cher writes in her memoir that "the contracts he'd had me sign were secretly designed to strip me of my income and the rights to my own career." Advertisement"Mom's store attracted a lot of press attention, but it was never solvent and soon began to lose money," Cher writes.

Persons: Cher, overspent, Sonny Bono, I'd, We're, Bono, Getty Images Cher, she'd, you've, Ed Sullivan, who'd, David Geffen, Barry King, Geffen, Sonny, he'd, overextending, John Marshall Organizations: CBS, Getty Images, Geffen Locations: Los Angeles, Brentwood , California

☆ I got an in-store Apple Intelligence demo. Here are some useful features I hadn't spotted.
▼ + stars: | 2024-11-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

AdvertisementI visited an Apple store to get a rundown of all that Apple Intelligence is offering. I visited an Apple store on Thursday morning for an Apple Intelligence tutorial. Jordan Hart/BII was impressed by Math Notes when Apple first demonstrated it at WWDC, but it was unclear which phase of Apple Intelligence it would be included in. There's also the Tips appIf you can't make it to an Apple store for a rundown, there's always the Tips app with a section on Apple Intelligence. I went through it while first exploring Apple Intelligence, but the hands-on demo in a store gave me some more details.

Persons: I've, aren't, Max isn't, you've, might've, Jordan Hart, There's, there's Organizations: Apple, Apple Intelligence, Worldwide, Conference

☆ How the happiest people spend their weekends: Treat them ‘like a vacation,’ happiness expert says
▼ + stars: | 2024-11-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

If you're like me, you probably spend your weekends tackling the tasks you didn't have time for during the workweek. According to Holmes, you should actually treat your weekends like a vacation. Treating your weekend like a vacation helps break you out of the "routine of doing, and it allows you to just be." When measuring their happiness afterwards, she found that those with a vacation mindset showed more satisfaction and positivity when they returned to work. However, Holmes warns that there is one caveat to the vacation mindset.

Persons: it's, Cassie Holmes, Holmes, Leah Smart, you've, Mark Cuban, Richard Branson Organizations: Harvard Business, Harris, SXSW, CNBC

As always, the trend returns this year, with plenty of Amazon Echo and Kindle discounts listed in our Black Friday guide, plus a Black Friday Kindle Unlimited deal to score right now. The best Black Friday Kindle Unlimited dealsAmazon Kindle Unlimited Subscription (3 Months) $1.00 $35.97 Save 97% Amazon's Kindle Unlimited offers access to millions of e-books and thousands of audiobooks as part of a monthly subscription. Best used with a Kindle e-readerBlack Friday Kindle Unlimited FAQsWhat is Kindle Unlimited? It usually costs $12 a month, making this ongoing Black Friday Kindle Unlimited deal an especially great call. Kindle Unlimited is not a required service for Kindle owners.

Persons: you've Organizations: Business, Amazon, Kindle

☆ WNBA star Cameron Brink on the No. 1 negotiation skill that's helped her sign deals with New Balance, Skims and more
▼ + stars: | 2024-11-22 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

WNBA star Cameron Brink had to learn how to negotiate her worth sooner than most 22-year-olds. Despite suffering a torn ACL in June that sidelined her rookie season, Brink's momentum off the court hasn't slowed. "Building my confidence in negotiations has been a journey for me, but I remind myself that my skills and hard work are valuable," Brink told CNBC Make It in an email. The most important step she takes to prepare for any negotiation, Brink says, is to research the companies she negotiates with. By contrast, the highest-paid players in the NBA are earning more than $50 million a year — and that's before factoring in sponsorships.

Persons: Cameron Brink, Brink, New Balance's, Caitlin Clark —, She's, Hamby, Steph Curry, Adam Broda, Taylor, you've Organizations: New, Stanford University, Sports Illustrated, Los Angeles Sparks, CNBC, Amazon, WNBA, Women's, Basketball Players, Vogue Business, NBA

This isn't the first time I've received travel credit in exchange for taking a later flight — and it happens more often than you might think. How to get travel credit or compensation for giving up your seatPeak travel season often coincides with flight snafus from inclement weather or mechanical issues. If your schedule can accommodate a spontaneous change of plans, here's what you should know about volunteering for travel credit. AdvertisementUnderstanding bumping and denied boardingOperating a commercial flight is expensive, so most airlines slightly oversell each flight to compensate for no-shows and last-minute cancellations. You'll get the fastest response if you include your date(s) of travel, flight number(s), full contact information, and airline frequent flyer number.

Persons: I'm, I've, you'll, It's, you've, You'll Organizations: American Airlines, Department of Transportation, Aviation, Airlines Locations: New Orleans, Austin, Italy, U.S

☆ Sitting on huge profits in Nvidia? Consider these 2 rules from Jim Cramer before proceeding
▼ + stars: | 2024-11-22 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Here's our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. This week's question: On Sept. 16, 2015, I bought 125 shares of Nvidia as a speculation stock. As longtime followers of Jim Cramer know, our belief at the Club is that discipline trumps conviction. Do we see further upside for Nvidia shares? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, NVDA, Jim, Jensen, Lee, –, you've, Jensen Huang, Donald Trump, They've, Jim Cramer's Organizations: Nvidia, NVDA, Investors, U.S, CNBC Locations: Florida, China, Taiwan

☆ Dozens of retailers jacked up interest rates on store cards ahead of Fed cuts
▼ + stars: | 2024-11-22 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +6 min

Now we see it's very common for these store cards to charge over 30%." Just before the Fed began its rate-cutting cycle in September, many retailers and their bank partners raised interest rates on their store cards to protect their profits when the federal funds rate — which determines their own interest rates — came down. Now, the average interest rate on a store card is at an all-time high just ahead of the holiday shopping season, which is when most consumers sign up for store cards. That was less than half of the interest rate increase for store cards seen from September 2023 to September 2024, when the federal funds rate didn't budge. When asked why they increased the APR on their store cards, the companies that returned CNBC's request for comment pointed vaguely to industry standards and the current economic environment.

Persons: Tommy, Petco, Ted Rossman, it's, Jasmine Matheney, Nordstrom, Matheney, you've, preemptively Organizations: U.S, Federal Reserve, Navy, Academy Sports, Fed, CNBC, Comenity Bank, Big Lots Locations: Petco, Burlington, Macy's, Michael's, Michigan

☆ 5 reasons why a Roth IRA is a 'no-brainer' for 'anyone in their 20s,' from certified financial planners
▼ + stars: | 2024-11-22 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

It's a "no-brainer" for "anyone in their 20s," says Eustache Clerveaux, a certified financial planner and senior analyst at Hudson Financial Group. This includes Roth 401(k)s. But for younger workers who don't have access to a workplace plan, a Roth IRA can be a great way to start building wealth. Like a 401(k), Roth IRA contributions benefit from compound interest, where your money and its returns grow together over time. Younger investors are less likely to hit Roth IRA income limitsOne key reason to start investing in your 20s is that you're more likely to qualify for a Roth IRA. This makes it an ideal time to pay taxes upfront on Roth IRA contributions.

Persons: Young, Roth, Eustache Clerveaux, Here's, You've, Stephen Maggard, you've, William Michael Lofley Organizations: Hudson Financial, Roth IRA Locations: South Carolina, Florida

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