Real People, Real Advice: 27 Tips to Take Control of Your Finances
Here are strategies that real people use to manage their money wisely.
This story originally appeared on NewRetirement.
Want to know how to take control of your finances? Ask some smart people who are managing their own finances and actively planning for a secure future. On the NewRetirement Facebook group, we recently asked: “What is one action you have taken that has improved your financial life?”
None of the 27 suggestions in this slideshow will be right for everyone. In fact, the responses really do highlight that there are so many different ways to achieve wealth, security, confidence and happiness with one’s financial situation.
the yield on the ten-year is 2.23%. on the day of the election, 1.85%. what does this mean? investors selling bonds. buying stocks. when bond prices fall, yields rise. mortgage rates are tied to the yield. it signals mortgage rates will increase. going forward. the bond market is the more r y reliable indication of the market. and peter thiel will be part of the transition team. thiel co- founded paypal. he is a board member of facebook. he donated more than $1 million in the trump campaign in the final weeks. how will he help trump? the mission of our team will be clear. put together the highly qualified group of successful
what does it mean for the longer term. now people here are asking, is he going to be held to a lot of the promises that he s given us in the run up to the election? for example, with regards to people who have supported him on less regulation in the drug industry, for example, that s brilliant for the people investing in drugs in terms of buying stocks, but as a little person at home, do you really want your drug prices to go up? and is there going to be pushback on some of these things? people are questioning whether you re going to see the regret, regretting the breck, whether you re going to see a re-trump in some ways. good distinction. what s important to the market and investors may not be important to citizens. louisa, thank you. alex? i don t know how we spell that pp i m going to work on that. anyway, still ahead, reaction from around the world to donald trump s victory, including a live report from russia and a closer look at the next first family. melania trump will not
case for a rite rise next month from the fed was reduced after all the events we ve seen from china in the last few weeks. that is what the market wants to hear if they are not going to have to put up with a rate hike from the feds then they feel more comfortable buying stocks. that is what s happening at the moment. normal traders should be happy sitting tight? generally speaking normal investors shouldn t try playing incidents like this any time. it is so difficult to actually time a market movement like this correctly. john, thank you for giving us the update and staying with us on a lot of breaking news today. i m ari melber.
china s stock market plunging today, its biggest drop in eight yearsration concerns here in the united states about the potential impact as we take a look at market. the dow right now down more than 100 points. joining us now from our sister network fox business network s gerry willis. an 8.5% crash in the shanghai index. it s the biggest drop since 2007. let me explain why this matters to us half a world away in the u.s. china is our second biggest trading partner. canada number one so the degree to which china s economy is doing poorly or suffering we look to their index to fall out and that could be a problem for us in our market. you should understand the chinese government has intervened trying to stop this freefall. only weeks ago china s stock market dropped as much as 40%. the government came in and spent $483 billion buying stocks.