California to make financial literacy classes a requirement to graduate high school [USA] ( abc7.com )
Best way to buy a house for another person? [USA]
I'm in an extremely fortunate position where my Mom, upon learning about current mortgage rates and why I haven't bought a house yet, wants to essentially be my bank to buy a house. As in, she wants to fund the house, put it in my name, and I pay her a reasonable down payment and pay a "mortgage" to her at 2-3%. So what would be...
USA: The financial meltdown is beginning. ( www.nbcnews.com )
They are keeping this quiet, but this affects 2.9% of US bank customers.
"You will own nothing and you will be happy"
We shouldn't have to work 40 hours a week to afford a basic life. We do because our currency is constantly losing value. This is by design.
There's a lot of talk about inflation and its causes. Is it corporate greed? Supply chain issues? One clear base cause of inflation less talked about is having an inflationary currency supply. Any other inflation caused by supply chain issues, corporate greed, lack of market competition, etc is just added on top of that. Fiat...
Please explain leverage to me
can someone explain leverage to me as practised by those RE bullshitters finfluencers. I feel their whole spiel is just bullshit but I don't know enough to be sure about it....
Inflation is higher than they would like you to believe.
The US government is telling everybody that inflation is 3.4% per year. That is not correct. Try 14.2% and that's about right. Source : gold/usd 1 year simple moving average.
Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help ( www.cnbc.com )
YNAB vs Quicken Simplifi
I wanted to start using a budgeting program to better organize my spending/ goals, and basically narrowed it down to 3 --YNAB, Actual and Quicken Simplifi....
The best european online card that doesn't block your account
I'm looking for the top European bank that doesn't block your funds without reason. For instance, many individuals have reported online that Revolut has blocked their accounts suddenly and sometimes for various months.
Recommendation for software/ apps
Hello,...
Multi-level marketing model ( lemmy.ml )
Was the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold. ( www.nytimes.com )
Selecting a CFP - not just the basics
How would you go about selecting a Certified Financial Planner?...
The IRS Created a Free Tax Filing System, and TurboTax is Reeling (USA) ( www.youtube.com )
Americans are falling behind on their payments ( www.cnn.com )
Beating the market ( lemmygrad.ml )
cross-posted from: https://lemmygrad.ml/post/4352701...
Home prices have outpaced inflation by 2.4 times ( lemmygrad.ml )
cross-posted from: https://lemmygrad.ml/post/4307103...
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up ( www.nytimes.com )
The craziness of the US stock Market ( lemmygrad.ml )
cross-posted from: https://lemmygrad.ml/post/4277310...
Polymarket | India Election: Modi reelected? ( polymarket.com )
cross-posted from: lemy.lol/post/22844267...
Hyundai and Kia recalled 3.4m vehicles, warning to park them outdoors because they risked catching fire. 6 months later, most are still on the road, unrepaired ( fortune.com )
In September, Hyundai and Kia issued a recall of 3.4 million of its vehicles in the United States with an ominous warning: The vehicles should be parked outdoors and away from buildings because they risked catching fire, whether the engines were on or off....
(UK) Transferring Stocks and Shares ISA
Hi. With the new tax year fast approaching, I’ve been contemplating transferring my current stocks and shares ISA account with IBKR UK to another provider/brokerage. I am interested in InvestEngine since they seem to have lower fees. However, I’m wondering how this process will work, especially since I have shares in stocks...
US probing Adani Group and founder over potential bribery, Bloomberg reports ( www.reuters.com )
What are "complicated" taxes that require a professional? (USA)
I always see advice about which software to use and there’s always the advice that FreeTaxUSA is the best bang for your buck and does everything you need for when your taxes are “simple.” I’ve used and thought it was great for years. But as my career has grown and no longer filed as a single I’ve begun to question when...