I bonds are the one investment everyone should have right now

If there’s one investment everyone should have right now, it’s a series I bond, according to personal finance expert Suze Orman. The variable interest rate of the bond is based on inflation, which means that the asset currently has a high yield. The Consumer Price Index rose 8.6% in May, the highest rate since 1981. … Read more

How Rising Interest Rates Affect Your Lump Sum Pension or Annuity Decision

SDI Productions | E+ | fake images Annuities are subject to inflation risk In contrast to the role interest rates play in lump-sum calculations, pension annuities aren’t directly affected by rate changes, said Linda Stone, senior pension research fellow at the American Academy of Actuaries. Those payments are generally determined by a formula, based on … Read more

Michigan becomes the 14th state to require personal finance education

Michigan Governor Gretchen Whitmer addresses the state during a speech in Lansing, Michigan on October 8, 2020. Michigan Governor’s Office via AP Michigan is now officially the 14th state in the US to ensure that its students have access to a personal finance education course before they graduate from high school. On Thursday, Governor Gretchen … Read more

How entrepreneur Tori Dunlap saved $100,000 and quit her job at 25

Having an emergency fund should be the cornerstone of your personal budget. Experts recommend having at least three months of expenses in savings to deal with unforeseen events. But how much money should you save before intentionally quitting your job? That is a more difficult question to answer. For Tori Dunlap, founder of the women-focused … Read more

Michigan will be the 14th state to mandate personal finance education

Michigan Governor Gretchen Whitmer poses at an event where General Motors announced an investment of more than $7 billion in four Michigan manufacturing sites on January 25, 2022 in Lansing, Michigan. Jeff Kowalski | AFP | fake images High school students in Michigan will soon be guaranteed a course in personal finance before they graduate. … Read more

Cramer’s blitz round: Six Flags is not a buy – CNBC Television

Cramer’s blitz round: Six Flags is not a purchaseCNBC Television Cramer’s blitz round: Six Flags is not a purchaseCNBC Cramer’s blitz round: NRG Energy is a buyCNBC Television Cramer’s blitz round: NRG Energy is a buyCNBC Cramer’s blitz round: Enbridge is a buyCNBC Television See full coverage on Google News

Stick to recession-proof, profitable stocks to avoid a ‘crisis’

CNBC’s Jim Cramer reminded investors to own recession-proof, profitable stocks rather than concept stocks after major tech stocks tumbled Thursday. He noted that while stocks took a hit, they remain “fantastic” and stand out from the uninvestable names for two main reasons. Investment stocks “have a definite disadvantage because of that dividend and their lack … Read more

Stock futures edge slightly ahead of Friday’s key inflation report

Traders on the floor of the New York Stock Exchange, June 8, 2022. Source: NYSE Stock futures moved slightly higher on Thursday night ahead of a much-anticipated inflation report. Futures linked to the Dow Jones Industrial Average added 43 points, or just over 0.1%. Those in the S&P 500 and Nasdaq 100 gained about 0.1% … Read more

Buffett Disciple Mohnish Pabrai Names His Favorite Investing Books

Do you want to invest in stocks with long-term value? Veteran investor Mohnish Pabrai has two books to recommend. Speaking to CNBC Pro Talks, Pabrai, a value investor and disciple of billionaire Warren Buffett, said “100 to 1 in the Stock Market” is an “extremely well-written” book. Written by Thomas Phelps and originally published 50 … Read more

Cramer’s blitz round: NRG Energy is a buy – CNBC

Cramer’s blitz round: NRG Energy is a buyCNBC Cramer’s blitz round: Enbridge is a buyCNBC Television Cramer’s blitz round: Enbridge is a buyCNBC Cramer’s blitz round: NRG Energy is a buyCNBC Television Cramer’s Lightning Round: Realty Income is a BuyCNBC See full coverage on Google News