So, I just can't take rental property rent or crypto capital gain and put that into a 401k. I wish I could. I cannot.So, what we have to do, and that's why I was telling Jennifer, we need to have that side hustle or that small business to generate the income here to fund the solo and stack our IAS. So that's why I was saying earlier, if you can give me something to work with with a side hustle, small business, it gives me so many more options. ...

France has more billionaires than any country in the EU. A new tax on their income is a popular idea. But doing so might not bring in all that much cash https://t.co/qqOklkZEjC https://t.co/Nki4zHEPLh ...

France has more billionaires than any country in the EU. A new tax on their income is a popular idea. But doing so might not bring in all that much cash https://t.co/dULkbZa3x5 ...

US Consumer Sentiment Falls to Four-Month Low on Income Worries https://t.co/vFQW7cq1QX ...

Core Inflation and Consumer Spending - The PCE price index increased by 2.7% in August year-over-year, up from 2.6% in July, marking the highest increase since February [1] - Core PCE inflation, excluding food and energy, remained at a 2.9% increase from August 2024, consistent with July's figures [2] - Inflation-adjusted consumer spending rose by 0.4% from July, driven by a 0.7% increase in goods spending, while services spending only increased by 0.2% [3] Federal Reserve Actions and Economic Context - The Federal Reserve has raised its benchmark interest rate 11 times in 2022 and 2023 due to rising inflation, which remains above the 2% target [4] - Recently, the Fed reduced rates for the first time this year to support a weakening job market, while being cautious about further cuts due to potential impacts from tariffs [4] - The Fed prefers the PCE inflation gauge over the consumer price index as it accounts for changes in consumer shopping behavior during inflationary periods [6]

Well, stocks do typically perform better in the wake of cuts from the Federal Reserve. My next guest has a playbook for how ETF investors can potentially take advantage of any postcut bump. Marissa Anel, Goldman Sachs Asset Management, head of ETF investment strategies, joining me uh now on set for this week's ETF report brought to you by Invesco QQQ.Marissa, thanks for being here. >> Thanks for having me. >> So, I I guess first of all to set the table, we should talk about what the Fed is going to do today ...

Like Baja Blast, but different I guess.James Seyffart (@JSeyff):NEW: @TuttleCapital out with some colorful crypto income ETFs..."Income Blast" versions on Bonk, Litecoin and SUI. https://t.co/83vpYxquTf ...

Income is anything you receive in exchange for your labor or the sale of products. It's almost always taxable and each type of income has its own tax regulations. https://t.co/epjRKPt5uO ...

Side Hustle Definition - The report questions the conventional definition of a "side hustle" when its income surpasses that of a primary job [1] Income Generation - The document implies a potential shift in perception when a side hustle becomes more financially rewarding than a full-time job [1]

Economic Principles - Productivity growth, driven by innovation and hard work, is the primary driver of rising living standards over time [1] - Credit's impact is more significant in the short term due to its ability to create economic swings, allowing consumption to exceed production temporarily [2] - Borrowing is essentially pulling spending forward, creating a future obligation to spend less than one earns to repay the debt, thus forming a cycle [5][6] Credit and Debt Dynamics - Credit differs from money; money settles transactions immediately, while credit creates an asset and a liability, representing a promise to pay in the future [7] - The total amount of credit in the United States is approximately $50 trillion, significantly exceeding the total amount of money, which is about $3 trillion [8] - Credit is beneficial when it finances productive investments that generate income to repay the debt, but detrimental when it funds overconsumption that cannot be sustained [10] Economic Cycles - Economic swings are primarily influenced by the availability of credit, not by fluctuations in innovation or hard work [4] - Borrowing sets in motion a predictable series of events, making understanding credit crucial for anticipating future economic outcomes [6] - An economy with credit experiences increased spending and faster income growth than productivity in the short run, but this is unsustainable in the long run [9] Example of Credit Amplification - An individual earning $100,000 annually can borrow $10,000, enabling them to spend $110,000, which in turn becomes another person's income [11][12]