FBI Reports Financial Losses From Crypto Scams Increased By 45% Last Year
Further, complaints to the FBI's Internet Crime Complaint Center (IC3) demonstrated that crypto scammers are now operating across all scheme categories.
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Millionaires Follow This Edgy Investing Rule For The Biggest Payoff
Hear about the next big thing in stocks? Money Digest's Daniel Feininger explains how this investing rule takes those trends, only to do the opposite.
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Dave Ramsey Reveals The Age People Should Start Taking Social Security, But There's A Catch
For this strategy, it's important to remember that the full retirement age for Social Security is now age 66 or 67, depending on the year you were born.
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You're Not Alone: The Amount Of People Behind On Their Retirement Savings Is Staggering
Retirement is fast approaching for many. According to Alliance for Lifetime Income, 11,200 Americans will turn 65 every day in 2024, on through 2027.
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Influencers Who Promoted Shady Crypto Scams
With thousands of different cryptocurrencies, it can be difficult to know what to invest in. Unfortunately, many may follow the lead of influencers.
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Think Twice Before You Discuss This Financial Information With Friends
While money doesn't have to be a non-topic when talking with friends, there are some things to keep in mind if/when it comes up in your conversations.
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You've Been Warned: This Common 401(k) Rollover Mistake Will Cost You
This particular 401(k) mistake will result in a hefty tax bill that is entirely avoidable. Whether a direct or indirect rollover, here's what you need to know.
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Members Of Congress Who Have Made A Fortune From Stock Trading
We've covered the richest members of Congress, but in this article, we take a closer look at congressional members who've made money on Wall Street.
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A Majority Of Americans Worry Their Retirement Funds Will Run Out
For a majority of Americans, a common financial worry centers on having enough money during their retirement years. Here are a few ways to strategize.
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Lower Interest Rates Are Coming: Here's How Some Investors Stay Prepared
As Fed rate cuts loom, Money Digest's Richard Sachek, a FINRA-licensed professional, explains how investors can position themselves for the inevitable.
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Don't Let The 'September Effect' Fool You Into A Bad Investment Move
Based on nearly 100 years of market data, many believe in the "September Effect." However, many experts will advise you not to let the past impact the present.
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Historically, How Does The Market Perform In September?
When it comes to equities, September isn't historically a month investors look forward to, especially when compared to months like November and December.
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Why You Should Be Worried About The Uptick In Startup Shutdowns
Much like corporate earnings, the success of startups can provide insight into the economy overall. Plus, when they shut down, there are ripple effects.
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The Great Wealth Transfer Could Prove Extremely Disappointing For Millennials
Through 2045, baby boomers will deliver the great wealth transfer via inheritances; however, distribution of this wealth will be greater for some than others.
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How Does A Backdoor Roth IRA Work?
A backdoor Roth IRA is a strategy that allows high-income earners to open a future Roth, despite income limits. It makes use of the rules of a traditional IRA.
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How The VIX Provides Insight Into The Market's Direction
The VIX, or CBOE Volatility Index, was created in 1993. A metric for market volatility, the index bases its volatility expectations on S&P 500 index options.
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What Is Wall Street's 'Fear Gauge' And Why Is It Spiking?
Wall Street's "fear gauge" refers to the VIX index, or the CBOE Volatility Index. On August 5, the VIX index soared by as much as 42 points. Here's why.
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How Long Does The Average Recession Last?
Should the U.S. go into recession, many will want to know how long it might last. History gives us an idea, though the average doesn't tell the whole story.
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Here's How Much Airbnb Hosts Really Make, Per Study
At last count, there were ~2.2 million Airbnb hosts in the U.S. Note that how much Airbnb hosts make varies by location; in some cases, it's by over 40%.
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Why You Should Be Paying Attention To Corporate Earnings (Even If You Don't Care)
Beyond revealing whether or not a company was recently profitable, you can also use corporate earnings as a trend indicator. Here's how.
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Who Actually Benefits The Most Financially During A Recession?
While you can guess that the wealthiest of consumers can benefit from a recession, there are two other groups that can also come out of a recession better off.
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How To Survive A Recession (And Prosper When It's Over)
While a recession brings economic hardship, there are ways to weather one as an investor, as well as set yourself up for the eventual rebound to follow.
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Why It's Important To Keep Calm When The Markets Are Crashing
When markets fall, one mistake investors make is they panic. Experts, however, would advise you to keep calm, and maybe even do the opposite of selling.
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Money And Politics: Everything You Need To Know About PACs
While you've likely heard about PACs, you might not realize there are different kinds of PACs. Here's how your donation works when it comes to PAC money.
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Telltale Signs A Romance Scammer Is Making A Move On Your Money
Per the FTC, consumers reported 64,003 romance scams in 2023. And out of all imposter scams, romance scams bilk victims out of the most money on average.
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How Much Cash Should You Leave In Your Investment Portfolio?
In a portfolio, you'll want a mix of asset classes, including cash (equivalents). As for how much cash, that'll depend on factors like age and risk tolerance.
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Sports Gambling ETFs That Are Worth A Look
As sports betting in America continues to grow, investors may be looking for a way to be part of this growth. One option is to buy into a sports gambling ETF.
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