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Bernd Vogel | Stone | Getty Images Brad Klontz was drawn to financial psychology after the tech bubble burst in the early 2000s. Klontz had tried his hand at stock trading after seeing a friend earn more than $100,000 in one year. But he felt immense shame after the market crashed and his investments evaporated….
dowell | Moment | Getty Images Before the election, some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025. Now, tax hikes are less likely under President-elect Donald Trump. However, demand for Roth conversions will continue as investors seek long-term tax planning strategies, experts said. “In general,…
Republican presidential nominee and former U.S. President Donald Trump holds a rally in Saginaw, Michigan, U.S., October 3, 2024. Democratic presidential nominee U.S. Vice President Kamala Harris and Vice-Presidential candidate Tim Walz speaks during a campaign rally and concert in Ann Arbor, Michigan, U.S. October 28, 2024. Brendan McDermid | Evelyn Hockstein | Reuters Former…
Andrew Bret Wallis | The Image Bank | Getty Images After a spouse dies, some retirees face a costly surprise — higher taxes. Couples, however, can reduce the burden with early planning, financial experts say. The shift from married filing jointly to single on future tax returns can trigger a “survivor’s penalty,” depending on whether…
This combination of pictures created on October 25, 2024 shows US Vice-President and Democratic Presidential candidate Kamala Harris in Houston, Texas on October 25, 2024 and former US President Republican presidential candidate Donald Trump in East Del Valle, Austin, Texas on October 25, 2024. Getty Images As millions of Americans cast ballots on election day,…
Manuel Augusto Moreno | Moment | Getty Images Cryptocurrencies were higher Tuesday evening as investors waited for direction on the potential outcome of the U.S. presidential election. The price of bitcoin was last higher by 5.5% at $71,199.30, according to Coin Metrics, and about 3% off its all-time high. Exchange operator Coinbase rose 3% in after hours…
Bitcoin and USA flag on a cracked wall. Ruma Aktar | Istock | Getty Images Cryptocurrencies were higher on Tuesday as investors looked forward to results from the U.S. presidential election. Bitcoin rose 3% to $70,053.56, according to Coin Metrics, helped by a rise in stocks. It’s currently 5% off its all-time high, after coming…
This year is a “super election year,” with more than 60 countries — encompassing around half the world’s population — hosting national elections, according to Statista. Promoting a healthy economy is high on the list of expectations of voters globally, according to a recent report by Principal Financial Group. But even when the economy is…
Omer Taha Cetin | Anadolu | Getty Images Bitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The price of bitcoin was last higher by about 3% at $69,925.00, according to Coin Metrics. At about 6:00 p.m. Eastern on Monday, it touched $70,207.02…
Many factors make it hard to buy a home today, but the one that makes “the biggest difference” in today’s market is the housing shortage, Drew Scott, co-host of HGTV’s “Property Brothers,” said at CNBC’s Your Money event Thursday. “I don’t think people realize this shortage of housing that we have affects everything — from…
