|
Oil prices fall and shares jump after US-Iran deal announced BBCTrump says oil prices will drop like a rock. It'll be more like a feather CNNGlobal stocks soar and oil prices drop as U.S., Iran reach tentative deal to end war CBCHormuz Reopening Would Offer Relief for Asia, but Economic Scars Will Remain The New York TimesWhat This Iran Deal Might Mean for American Consumers WSJ
|
|
Investor sentiment also helped by SpaceX's historic initial public offering
|
|
U.S. stock futures jump on Iran deal to end the war: Live updates CNBCStock Market Today: Stock Futures Rally, Oil Drops After U.S.-Iran Deal WSJHormuz Reopening Would Offer Relief for Asia, but Economic Scars Will Remain The New York TimesSoftBank surges more than 10% as Iran-U.S. deal sends Asia tech stocks soaring CNBC
|
|
Oil prices fell and stocks gained early Monday after Iran and the U.S. reached a deal that may allow more energy and other goods to flow through the Strait of Hormuz.
|
|
The research firm Citrini says hot inflation and jobs readings mask a more somber reality — and that's good news for the stock market.
|
|
Is it true that many young professionals don't know how to save money?
I recently had dinner with an old college friend. I was expecting to catch up on friends, family and our careers, but it was clear he wanted some basic financial information.
Knowing I advise young professionals on their finances, he zeroed in on the following questions: "How much should I save, and how do I know if my savings plan is on track?"
SEE MORE Millennials Want a Different Kind of Retirement
Many highly talented and bright young individuals - often earning six figures, receiving an annual bonus and holding stock options - often struggle with how to spend and save their money. My advice is to develop a process that focuses on three fundamental ideas that anyone can use.
Control Savings and Spending by Paying Yourself First
Putting together a budget and tracking spending are useful tools - but they can be tedious and hard to sustain. Instead of starting with expenses, I begin by allocating the desired amounts of money to various savings and investment accounts.
I set up automated contributions to my 401(k) retirement account, Roth Individual Retirement Account (IRA) and after-tax brokerage accounts. Once that money is set aside, I have total peace of mind knowing I can afford to spend what's left and still be on track to hit my financial goals.
If, like me, you make the majority of day-to-day purchases on your credit card, another easy way to spot-check spending is making sure you can pay your credit card bill in full each month without tapping your savings.
Don't get me wrong - developing a detailed budget is a valuable exercise when done periodically. And it's parti
|
|
