Good morning. It's Tuesday, Dec. 05, and we're covering the envelope budgeting method, slowest housing market, unique referral partners, and much more. | First time reading? Sign up here. | Stock Market Update | | | | | Market Performance: December 05, 2023. | November's 9% return on the S&P500 was strong, but past Novembers have seen even higher returns.
Historical data suggests that December is likely to deliver a positive return, with a 77.3% chance of success.
The US stock market's performance this year is puzzling given global turmoil, but it may be influenced by investors seeking shelter from crises. It won't work.
November's 9% return on the S&P500 was stellar, but there have been even higher returns in past Novembers. And there's a good chance that December will deliver a positive return based on history – the odds favor a positive return. |
| |
| | |
| | Financial Maverick Insights | | | | | Ways to Save Money This Holiday Season (Without Disappointing Anyone) |
It's not so cheerful when money is tight.
This year has been hard—financially, emotionally and, for some, physically. So, the holidays and all the cheerful "requirements" that come with it, from gift-giving for dozens of people to taking time off work, can just add another layer of stress in a season meant for joy and relaxation. Exhausted Americans are saying enough to the holiday extras.
Some companies are looking to ease the financial burden of the holidays, acknowledging the difficult times we live in. For example, shipping services are trying to counteract the dip in spending by cutting shipping costs for businesses.
Here are a few additional tips to save money this holiday season, both in and out of the office.
|
| |
| | |
| | | | | | Struggling with overspending? The envelope budgeting method could help | Setting up a budget is an important part of managing your money. You can figure out how much you earn, record all your major monthly expenses, and then make a plan for how to allocate your after-tax income to ensure those bills are covered—including an emergency fund.
"A budget ensures you're going to be able to do fun things that you want to do, while working toward more serious financial goals," says Julie Everett, a certified financial planner with Financial Finesse.
But the hard part might be sticking to the budget you make. And if you regularly overspend, you might not reach those financial goals you've set.
The envelope budgeting system is one way to track your money each month, and it may help you curb overspending because it limits what you have available. |
| |
| | |
| Real Estate News |  | Slowest Housing Market in Years Is Weighing on Consumer Spending | Plunging US home sales are having a ripple effect on consumer spending, as fewer Americans are moving into houses that need to be outfitted with furniture and appliances. |
|
|
|  | The American housing market is broken | The need for more affordable-housing options is now part of a much larger conversation about economic development, economic growth and quality of life. |
|
|
|  | Finding A Unique Referral Partner | Everyone wants a home, has a home or knows someone who wants to buy a home so everyone is either a potential client or a referral source. |
|
|
| | Personal Finance Tips |  | Embracing AI without killing the restaurant budget | Leaders from Five Guys, BurgerFi, Papa Johns and Primanti Bros. shared how their brands are embracing AI without breaking the bank in a Fast Casual Executive Summit panel sponsored by Upside. |
|
|
| :max_bytes(150000):strip_icc()/how-much-money-to-keep-in-bank-2000-4e71363ced2e4865b6c8a92630cd3296.jpg) | Are You Keeping Too Much Money in the Bank? Here's How to Tell | It's possible to keep too much money in the bank, and tucking all your money there can hurt your financial goals. Here's how much you should keep in the bank. |
|
|
|  | 8 Best Short-Term Investments In December 2023 | Bankrate | Short-term investments should be safe so your money is there when you need it. Here are the best short-term investments to consider. |
|
|
| | Alternative Investing |  | Tap Into the Same Investment that Made Elon Musk Rich | The AI Boom holds the key to amassing wealth just like Elon Musk and Mark Cuban |
|
|
|  | Franklin Templeton's Jenny Johnson on Bitcoin ETFs, investing in crypto, and how her firm is harnessing the blockchain | At the Fortune Global Forum Nov. 27–29 in Abu Dhabi, I had a chance to talk with Jenny Johnson, the president and CEO of Franklin Templeton, which has grown from a small brokerage founded in 1947 to a global giant that now manages over $1.3 trillion. |
|
|
|  | Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024 | Executives in the cryptocurrency industry called the start of a new bull run with a growing number of voices calling for fresh all-time highs for bitcoin in 2024 above $100,000. |
|
|
|
|
| | Are you keeping too much money in the bank? | | | Reach Over 100,000 Financial Mavericks | Advertise with Financial Maverick to get your brand in front of the Financial Gurus in the world. The Mavericks are high-income and highly knowledge people who are always looking for an interesting product or tool. | | | Share Financial Maverick | Calling all Financial Mavericks! To help out a family and friend in need by sharing this newsletter. Tell you what if you ever wanted to be a Hero, Financial Guru, or a Nice Person this is your time! | | | DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. | |
|
No comments:
Post a Comment