Did You Know…
Amazon plans to add 100,00 jobs in the USA?
You might be able to get half the cost of your Super Bowl tickets refunded back to you?
One in three people might prefer banking with Google, Facebook, or Amazon than traditional banks
Millennials might be better at money management than their folks?
What the number one job for 2017 is? Open wide!
You can easily get a 20% bump in your salary simply by getting the right certification?
Here’s how you could get 50% off Super Bowl tickets
Super Bowl LI tickets are regularly selling for more than $4,000 a piece, but GameHedge, a ticket resale site, is promising customers will get 50% of their money back if the game is settled by more than a 28-point margin.
Millennials are more prepared than their parents to cover the costs of an unexpected emergency
Let’s face it: It’s really not a matter of if you’ll need to fork over cash for a car or home repair, child expense, or medical emergency, but a matter of when.
Goldman Sachs says millennials didn’t inherit a spending habit companies have capitalized on for years
Millennials tend to do a lot of things differently than their parents. They’d rather pay for an Uber than a new outfit. They’re cutting cable. And, apparently, they hate napkins. These spending habits continue to fascinate — and frustrate — retailers as 20- and 30-somethings defy the consumption patterns that previous generations followed for years. One major difference: Millennials are far less likely to buy something because it’s convenient, something many companies capitalize on. Rather, they’re focusing on value.
Target Funds’ Mix Might Be Bolder Than You Expect
Some year-2020 target-date funds still have about 60% of their assets in stocks. Some advisers might hesitate to put 60% of a 62-year-old client’s money into stocks, especially if it comprised the bulk of savings for a person close to retiring. But that’s how some participants in employer-sponsored retirement plans may be invested if they hold a target-date mutual fund. Is this something for target-fund holders to be fearful about? Not necessarily, say most experts. But investors should be aware of it, so that they can adjust their holdings if necessary to better align with their investment goals and risk tolerance.
My holiday shopping adventures and Amazon’s continued retail dominance
How come massive companies like Walmart and Target, whose very businesses are under immense pressure from Amazon, can’t get this stuff right despite having spent hundreds of millions on it? I’m not a financial analyst, but unless something changes drastically, Amazon is just going to continue to eat more and more of the US retail pie and at this point, with all these advantages they’ve accrued and their razor-sharp focus on low pricing, it’s difficult to see how anyone is going to compete.
Amazon says it will create 100,000 full-time, full-benefit jobs in the USA
Amazon said Thursday that it plans to create more than 100,000 “full-time, full-benefit” jobs in the US over the next 18 months. This would grow its workforce based in the US to over 280,000 by mid-2018, the tech company said in a statement.
The Company You Keep
My first book, Investing for the Rest of Us, has been selling as part of a very nice trio of books:
Consumer Reports: It’s OK to buy MacBook Pro after all
Consumer Reports said Thursday it can now recommend Apple’s flashy new MacBook Pro laptops after having previously refused to do so over concerns about inconsistent battery life.
Forget Fake News: eBay Using Pro Authenticators To Spot Counterfeit Items
Even though eBay is really just a middle-man, giving buyers and sellers a platform to transact business, it doesn’t want those buyers being conned into paying for counterfeit items, or sellers unloading potentially illegal knockoffs.
The Best Job in 2017 Is Being A Dentist
What is a good job? One that pays money, provides health insurance, and lets you have a few precious pockets of free time with which to tool around your home and make cookies and garden or whatever, maybe. If that sounds too vague and not concrete enough for you to plug into the job search website of your choice, consider this list of the 100 Best Jobs of 2017, as categorized by U.S. News.
The ‘poor man’s MBA’ can boost salaries by 20%
Getting a project management certification on LinkedIn Learning can deliver a big pay boost.
Guide To Buying A Home: Young Families
If you’re like many Millennials, especially those with young families, you may be gun-shy about entering the housing market. That’s understandable, but having a growing family may be the push you need.
The Costs and Benefits of Downsizing
Anyone who has even a passing acquaintance with this blog knows that I am interested in downsizing — primarily because I’m smack dab in the middle of the process myself. We sold our house last summer, and we’re living in a one-bedroom condominium for the time being while we look for our more permanent retirement home.
The 401(k) Problem We Refuse to Solve
Was the 401(k) a tragic mistake? When you use one of those online calculators to estimate your expected income in retirement, it can sure seem so. Investment returns have proven variable, and individuals are often prone to making idiotic mistakes (like selling everything when the market crashes, which is literally the worst possible time to do so). And that’s only for people who have a 401(k); many people decline to participate in a plan, even when their employer offers matching grants. And according to the Wall Street Journal, the early boosters are turning sour on the whole idea.
Millennials may need to double how much they save for retirement
While it’s impossible to predict exactly what the stock market will do, investing pros over the past several months have been reducing their expectations for what they think the stock market will return, not only in the next year, but potentially over the next couple of decades.
1-In-4 Consumers Contacted By Debt Collectors Feel Threatened
More than 70 million Americans are contacted by a debt collector or creditor each year. While those debt collectors have a job — to get borrowers to repay on their overdue debts — some have used illegal tactics, such as threatening lawsuits, arrests, or contacting consumers’ employers or family members. Now, a new report by the Consumer Financial Protection Bureau finds that harassment by these collectors is all too common.
Chart of the Day
You will find more statistics at Statista