Personal finance
Gold is hot — but a classic Warren Buffett rule suggests caution, advisor says
An attendant holds 1-kilogram gold bars on Feb. 17, 2025. Akos Stiller/Bloomberg via Getty Images Gold prices are popping. But investors should avoid the temptation to chase a shiny object, investment experts said. The SPDR Gold Shares fund (GLD), which tracks the price of gold bullion, is up about 11% in 2025 as of 2 p.m. […]
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Here’s why Trump tariffs may raise your car insurance premiums
Key Points Annual car insurance premiums would rise by 8% in 2025 if tariffs on Canada and Mexico take effect, according to Insurify. They would rise by 5% without such duties, it said. Trump proposed a 25% tariff on imports from Canada and Mexico, which may start in March. Tariffs are expected to raise costs […]
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Startup founders are turning to ‘seed-strapping’ in a difficult funding environment
“I think what most founders are also realizing is what you need is not just money, but time. You need time to explore … You need space. You can’t have someone breathing down your neck for updates [while you’re] trying to figure out your product market fit at the start,” says Jx Lye, founder and […]
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Parents with these 2 toxic habits raise kids who are bad with money, says investment firm CEO
Mellody Hobson, 54, grew up in a single-parent, low-income household. Her mother’s money habits made her financially anxious at a young age. “There was just a shortage at all times. We would get evicted, our phone would get disconnected. … There was one time we were living in an abandoned building,” Hobson said on an […]
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Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more
Key Points The Treasury Department set a March 21 deadline for businesses to report “beneficial ownership information” or risk civil and criminal penalties. It delayed the prior deadline by 30 days. The delay comes after a Texas district court struck down a nationwide injunction on enforcement of the Corporate Transparency Act. The Treasury left open […]
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Op-ed: Americans are leaving millions in free money on the table
Every year, millions of dollars in credit card rewards go unclaimed — money that could be covering travel, everyday expenses, or even cash back in your pocket. If you’re not redeeming those rewards, you’re leaving money on the table. As someone who leverages credit card rewards, I was somewhat surprised by the recent Bankrate survey […]
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Apple is running into some challenges. An options trade that pays off if the stock struggles from here
As Apple Inc. approaches its all-time high, a series of mounting challenges have emerged. I’ll review an options trade that pays off if shares of the iPhone maker remain stuck or move lower. The latest iPhone 16 has not met sales expectations, signaling a more selective consumer. Additionally, AAPL faces stiff competition in their singular […]
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A 20% S&P 500 ‘three-peat’ is unlikely in 2025, market strategist says
Key Points The S&P 500 has returned three consecutive years of 20% gains just once since the 1920s. The U.S. stock index delivered a 23% return in 2024 and 24% in 2023. A backdrop of solid economic growth and consumer spending, coupled with relatively low unemployment, may push the S&P 500 up by about 12% […]
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Here’s how much it can cost for one person to live in 12 major cities globally in 2025
It can cost on average of $2,050 to live in Tokyo for a month as a single person, according to Numbeo’s data. Jackyenjoyphotography | Moment | Getty Images Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if it makes sense financially before taking the leap. […]
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Self-made millionaire: I’ve interviewed over 1,000 couples—avoiding this ‘horrible phrase’ helps raise kids who are good with money
Even before your children understand how money works, they can start picking up on your attitude and feelings about finances, and that can have a lasting impact. But avoiding talking about money with your kids altogether could be even more detrimental to their future financial success. “Deep down, most people believe that money is a […]
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