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Jamie Dimon warning Trump over his attacks on Powell, says it will have ‘reverse consequences.’ Shield your money now
Yahoo Finance· 2026-01-16 20:03
The Fed, tasked with maximizing employment and keeping prices stable, lowered its benchmark rate three times in 2025. And while headline inflation has cooled from its 2022 peak, the central bank noted in December that “inflation has moved up since earlier in the year and remains somewhat elevated (5).”“We should have lower rates,” Trump added. “Jamie Dimon probably wants higher rates, maybe he makes more money that way.”On Jan. 13, he told reporters that Dimon “is wrong” and insisted that “it’s fine what I’ ...
My wife retired 2 years ago and I’m still working – is our $12 million net worth enough for me to join her in retirement?
Yahoo Finance· 2025-12-30 16:48
Comstock from Photo Images and juststock from Getty Images Key Points A Reddit user with a net worth of almost $12 million is thinking about retiring. His wife quit work years ago, and he wants to join her but wants to make sure his money will last. Since he has income from multiple sources including real estate investments, early retirement may be in the cards. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read m ...
This millionaire says one simple move will put middle-class Americans on the path to making millions
Yahoo Finance· 2025-12-01 10:25
Core Insights - A viral TikTok by "Taylor Money" challenges traditional wealth-building strategies, advocating for a mindset shift towards using money as a tool for expansion rather than material accumulation [1][2][3] Investment Strategies - Taylor emphasizes the importance of viewing money as a vehicle for expansion, which opens up more opportunities for wealth generation [3] - He encourages followers to invest in high-yield alternatives, noting that traditional savings accounts had an average annual percentage yield (APY) of around 0.40%, while high-yield options offered rates exceeding 5% [4] Real Estate Investment - Taylor critiques the middle-class approach of using money primarily to build credit for purchasing larger assets, suggesting that this is not the true function of money [6] - For those interested in real estate investment without the burdens of being a landlord, platforms like Arrived allow individuals to buy fractional shares of properties, starting with investments as low as $100 [7]