RT Nick Szabo (@NickSzabo4)The numbers don't back it up. Although surveys tend to be all over the map, most show GenZ is saving a somewhat higher percentage of their incomes than Millenials or Boomers did. The problem is they have considerably less income, relative to asset and housing prices, and rent and health care and education costs, from which to save. ...

It takes an income of at least six figures to be in the top 10%, 5%, or 1% of earners. But the threshold to be a top earner is lower in some states than others. https://t.co/dJqL1MZgDu ...

Market Imbalance & Diversification - The technology sector holds an all-time high of approximately 35% weight within the S&P 500 index, while defensive sectors (staples, healthcare, energy, and utilities) are at an all-time low of just 19% [3] - Investors are seeking diversification beyond the S&P 500 index due to increasing concentration, exploring options like small caps (Russell 2000 IWM ETF) and international investments for value [6][9] ETF Trends & Strategies - There's significant interest in income-generating products, particularly those utilizing derivatives, to meet the needs of investors, especially retirees [11][13] - Innovation in income strategies involves moving beyond traditional covered calls to more sophisticated approaches like selling call spreads and active management to unlock more upside [14][15] - Thematic ETFs, particularly those related to AI, are experiencing a resurgence, attracting attention and growth in the ETF market [19][20] Future Outlook - The leveraged ETF space (3x and 5x products) is gaining attention, raising questions about its potential impact on financial markets [16][17] - Healthcare sector is considered an interesting area for potential investment, offering both growth and value opportunities [17][18]

5 Side Gigs For Introverts That Make Up To $1000+ A Month https://t.co/h4MfRFWIJW ...

What's your number one piece of financial advice for young investors. >> Focus on your income before you focus on your investments. The amount of money that you'll have as an investor will stem from what level of your income you're able to put away.So, in your early years, I really think that like a heavy focus on the stock market is probably not time well spent until you've gotten your income to a place where you can really put money away and save. >> And what does that look like. Like, how would someone g ...

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]