2 million mark banknote, 1923. Getty Modern Monetary Theory — the dream that we can spend quite a bit more money on such government programs as the Green New Deal, a Universal Basic Income, or similar agenda items merely by printing the money (or the 2020 virtual equivalent thereof) — insists that the United States
Retirement
Trump’s Department of Labor, Securities and Exchange Commission are scheming to make 401ks “greater” … [+] than ever, i.e., greater fees, greater risks and greater conflicts. That’s great for the wolves of Wall Street, not-so-great for America’s workers and no way to Make America Great Again. Getty Trump’s Department of Labor, Securities and Exchange Commission
By Nancy Collamer, Next Avenue Contributor Getty How do you stay hopeful about your career during times like these? It’s a tall order. Unemployment is near record highs. Hiring is sluggish. And the triple whammy of continued economic volatility, civil unrest and Covid-19 has us all on edge. It’s no wonder that 72% of Americans
Growing Plant On Money – Finance Investment Concept Getty Monthly dividend stocks are securities that pay a dividend every month instead of quarterly or annually. More frequent dividend payments mean a smoother income stream for investors, notes Ben Reynolds; the editor of Sure Dividend and contributor to MoneyShow.com provides a countdown of his 5 top
By Chris Farrell, Next Avenue Contributor Getty An idea is gaining traction among some economists and scholars to deal with the pandemic in America: Isolate and lockdown older Americans, possibly until there is a vaccine. Everyone else gets to go back to work and regain something resembling normalcy. Some proponents call it “shielding” the eldest,
Financial Lifelines Are Ending As Longer-Term Unemployment Is Growing Getty The good news is that millions of workers got their jobs back in June. The really bad news is that the unemployment rate is still at double digits, exceeding the peaks during the Great Recession. The even worse news is that unemployment is becoming a
Can you do a Roth conversion of a coronavirus-related distribution? It would be nice if you could, as that would allow you to spread the income from the Roth conversion over three years. Follow me as I guide you to my answer. Coronavirus Coronavirus related distributions and Roth conversions Getty The coronavirus disease 2019 (COVID-19)
TOPLINE While reports of positive data from potential coronavirus treatments have helped propel the market higher in recent months, investors are far too optimistic about a vaccine and stocks shouldn’t be rallying so much on each bit of news, warns Vital Knowledge founder Adam Crisafulli. Markets need to be more “skeptical” about each vaccine announcement.
US President Donald Trump, with Director of the National Economic Council Larry Kudlow (L) and US … [+] Secretary of the Treasury Steven Mnuchin, speaks to the press in the Brady Briefing Room of the White House in Washington, DC, on July 2, 2020. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via
What’s important for your retirement? Getty As you’re planning for retirement, when you stop and think about it, you’re planning for a 20- to 30-year period of your life. It’s a task to take seriously, and it’s not a good idea to wing it. As you approach retirement, it’s important to think about the life