I’m 69 and only have $121,000 in my 401(k). How can I repair the damage of the past?
“I plan to work and contribute to a 401(k) in addition to a stock-purchasing plan for a few more years.” Source link
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What 125 years of data says about diversification and investing at record highs
Global investment returns yearbook finds stock-market investing is profitable but volatile. Source link
My husband gave his son, 30, who has struggled with drug addiction, his credit card. It did not go well.
My husband has a 30-year-old son who has struggled with drugs and mental illness for several years. This young man has been enabled financially by both of his parents, but especially by his mom, who has covered all of his living expenses for all but two of the last 10 years (while he jumped from … Read more
The world’s biggest dividend has just been cut. Here’s why.
Published: March 4, 2025 at 3:51 a.m. ET Saudi Arabian Oil Co. has slashed its massive dividend payout — the world’s biggest — as the state oil producer’s profit fell amid struggling oil prices. Also known as Saudi Aramco SA:2222, the company reported net income for 2024 fell to $106.2 billion from $121.3 billion in 2023. … Read more
stocks moves amid Trump tariffs
European markets traded higher on Monday, amid a charge in defense shares after regional leaders held security talks that touched on bolstered military spending. Elsewhere, euro zone inflation data encouraged expectations that the European Central Bank will cut interest rates when it meets on Thursday. Euro zone inflation dipped to 2.4% in February, slightly above analyst expectations. … Read more
Social Security Administration has been on ‘autopilot,’ costing more than $800 million, acting commissioner says
Cuts affect payroll, information technology, security and travel. Source link