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Rising Inflation: Are We Sitting On An Economic Time Bomb?

Rising Inflation: Are We Sitting On An Economic Time Bomb?
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IRAs and 401(k)s are Breaking Records

The number of 401(k) and IRA millionaires is higher than before the pandemic. The market's recent run-up can explain the value of the accounts, but there are also more accounts than ever before. Financial expert Derrick Kinney explains why. ....

Derrick Kinney , Big Blue Chip Dividend Paying Companies , Good Money Podcast , Stock Market , டெரிக் கின்ணெய் ,

IRAs and 401(k)s are Breaking Records | NewsRadio 740 KTRH

The number of 401(k) and IRA millionaires is higher than before the pandemic. The market's recent run-up can explain the value of the accounts, but there are also more accounts than ever before. Financial expert Derrick Kinney explains why. ....

Derrick Kinney , Big Blue Chip Dividend Paying Companies , Good Money Podcast , Stock Market , டெரிக் கின்ணெய் ,

A personal wealth advisor's advice for starting to invest | Right on the Money

A personal wealth advisor s advice for starting to invest | Right on the Money
More than half of Americans (57%) have felt at least some financial anxiety during the pandemic, according to an April 2021 survey by the American Institute for CPAs
Author: WFAA Staff
Updated: 4:00 PM CDT May 13, 2021
DALLAS More than half of Americans (57%) have felt at least some financial anxiety during the pandemic, according to an April 2021 survey by the American Institute for CPAs.
The impact of financial stress and can weigh heavy on hearts and minds as Americans begin the process entering a post-vaccine normal.
Derrick Kinney, a private wealth advisor, is joining WFAA at 4 p.m. to share a checklist of important takeaways for personal finance. ....

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Inflation Worries Could Stall Economic Recovery from COVID

By Nik Rajkovic
May 3, 2021
April s big jobs report due out Friday, along with inflation worries could swing markets in the week ahead.
The Fed expects a temporary period of high inflation to subside later in the year as more states reopen their economies and emerge from COVID, though some fear inflation could be hotter than the central bank expects.
“Because the government is printing so much money, eventually the value of that money goes down and inflation goes up, and someone is left holding the bag,” says financial wealth advisor Derrick Kinney, host of the Good Money podcast.
That someone is almost always the American consumer. ....

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