What ‘No Spend September’ is and how to know if you should participate
Solstock | E+ | Getty Images Victoria Szafarski currently has $10,000 in credit card debt. The New Yorker’s outstanding balance peaked at $25,000 last year, before she took on a second job as a waitress for a few months. The extra cash Szafarski brought in helped her make headway paying down the debt and increase […]
Why Broadcom is tumbling after an earnings beat — and how to play dip
Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management’s guidance for the current quarter disappointed investors, sending shares of the chipmaker down nearly 7% in the after market. This is too harsh of a reaction to an otherwise solid print. Revenue increased 47% year over […]
From young investor to seasoned pro: How to evolve your strategy with life’s changes
As you move through the various stages of life, your financial needs, goals, and risk tolerance naturally change—just like the terrain you’re driving through. What worked for you in your 20s might not be the best approach in your 50s. That’s where life cycle investing comes in. It’s a strategy that adapts your asset allocation […]
How to retool your 60/40 portfolio for income generation, per BlackRock
Investors with an eye toward income generation — especially as they look toward retirement — may want to consider fine-tuning their “balanced” portfolios, according to recent research from BlackRock. The S & P 500 has surged 17% in 2024, rising on exuberance around tech and the artificial intelligence trade. Tech darling Nvidia , up more […]
How to use required minimum distributions to improve your portfolio
Richard Drury | Digitalvision | Getty Images After funneling money into pretax retirement accounts, you will eventually face mandatory withdrawals in retirement known as required minimum distributions, or RMDs. Since RMDs can trigger higher taxes, the withdrawals can be a nuisance for some retirees who do not need the money. But the yearly activity could […]
How to determine your risk appetite for an investment when you need the money
Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: Hi Jim! I’ve been holding a […]
How to cut down your wedding guest list to save money
Victor Dyomin | Moment | Getty Images Many wedding costs, such as meals, invitations and favors, are based on your headcount. The average cost of a wedding ceremony and reception in 2023 was $35,000, according to The Knot 2023 Real Weddings Study. The total cost is a $5,000 increase from 2022. “The No. 1 way to save money on […]
Jim Cramer explains how to trade Thursday’s tech sell-off
After buyers fled from Big Tech on Thursday, CNBC’s Jim Cramer advised investors to take advantage of the rotation but beware that it may not last long. “I say enjoy the rotation. It’s historically broadened things out, and tomorrow you’ll get another chance to make money with today’s winners,” he said. “But if interest rates […]
How to trade this week’s CPI report, according to JPMorgan
This week’s main market event comes on Thursday with the release of the June consumer price index report, which could shed light on when the Federal Reserve will cut interest rates. Economists polled by Dow Jones expect CPI to have risen 0.1% month over month in June and 3.1% year over year. Core CPI, which […]
Worried about a frothy market? Here's how to start building a long-term stake anyways
The CNBC Investing Club gives investors a behind-the-scenes look at how Jim Cramer manages an investment portfolio so you can manage your own money … Source link