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Dave Ramsey Show Host Shares Why New Mortgage Trend 'Assumption Loans' Scares Him And Why You Should Be Wary, Too
George Kamel warns homebuyers against falling into the trap of assumable mortgages, which often lead to high upfront payments, long closing times, and a lot of paperwork.
Netizens Slam Dave Ramsey Caller Who Shared The Couple Makes 300K Yearly But 'Is Struggling'—What Are They Spending On?
A Canada-based salesman is struggling with $12,000 in monthly costs, led by over $7,000 in mortgage payments, which is alone 60% of his take-home pay. Experts advise him to sell his cars, house, or rent until his debt is repaid.
Nearly 1 in 3 UK Residents Miss Payments as Mortgage Arrears Soar by 50% Amidst Rising Interest Rates
More UK homeowners seek financial assistance from charities and lenders as their fixed-rate mortgage deals end this year. The new, higher rates are expected to hike payments by an average of £1,800 annually, raising risks of defaults and more outstanding balances with arrears.
Is This Why Your Rent Is Skyrocketing? DOJ And 8 US States Sue RealPage For Alleged Price-Fixing Scheme
The DOJ is probing RealPage's collusion with landlords via its algorithm-based rental price-setting software to fix higher rents beyond market forces that impacted millions of renters.
Poor Credit Scores Could Cost Brits An Extra £270,000 In Interest Payments Over A Lifetime
The average UK credit card APR has increased significantly since early 2023 as part of the BoE's broader interest-hike campaign to curb inflation. This has weighed on household budgets as more outstanding debt balances slip into delinquencies.
This Underrated Niche Cleaning Business Can Help Bring In Up To $14K Weekly While Working A Few Hours Daily
The trash and dumpster cleaning services industry benefits from intrinsic factors like a growing population, densely populated areas, and environmentally conscious consumers and lawmakers calling for sustainable practices.
Kevin Ford, Burger King Cook Who Got Measly Thank You Bag For 27 Years Of Loyalty, To Open Own Food Truck
Kevin Ford, a Burger King cook with 30 years of experience, is launching a food truck after receiving $400,000 from a successful GoFundMe campaign.
Warren Buffett Splashes $185 Million For 1 Million Shares Of This Leading Aerospace Company In Q2
Buffett invested heavily in the Class A shares of Heico Corporation, which continues to post record net sales and income growth while returning value to investors via cash dividend hikes.
'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies
Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.
How To Use Pinterest For Business: 23-Year-Old Earns $30K Monthly By Driving Pinterest Users To Her Website
Kinda Laney, a 23-year-old entrepreneur, earns $30,000 monthly by strategically using Pinterest to drive traffic to her business website, demonstrating the platform's potential for significant revenue growth.
Warren Buffett Ups Stake in SiriusXM by Over 250% In Q2 As Liberty Media Merger Nears Completion
Buffett's move comes ahead of the planned SiriusXM-Liberty Media merger to create a new firm representing the SiriusXM brand for a simplified ownership structure and enhanced trading liquidity.
Redfin CEO Says If Mortgage Rates Don't Fall, Plan B Is To 'Drink Own Urine Or Competitors Blood'
During Redfin's Q2 earnings call, CEO Glenn Kelman said he is surprised about the muted real estate market activity despite mortgage rates consistently declining in recent months.
Author Starts Saving In Her 30s But Wants To Retire A Millionaire; Financial Advisor Reveals Four Mistakes She's Making
Best-selling author Jen Glantz had her retirement portfolio reviewed by a financial planner, who found it lacked tax diversification, passive income streams, and timely contributions to retirement accounts.
Navigate The AI Selloff with Two Nvidia Alternative AI Stocks That Also Pay Dividends
It could be years before AI becomes the top revenue driver in tech firms, as the new technology will likely take years to mature and fit into business models across industries.
The Top 1% Save Over $150 Billion in Taxes Annually: 5 Tax-Saving Strategies They Use
Millionaires often leverage provisions like backdoor Roth IRAs, 1031 exchanges, and business asset depreciation to reduce tax liabilities and preserve capital.
Credit Card Fraud Cost Americans $1 Billion In 2023 As Identity Theft Cases Flare Up
There are several ways credit card holders can minimise risks and damage from threat actors who steal consumer data and use it to secure fraudulent credit cards and government benefits.
Dividend Stocks to Climb as Investors Could Start Deploying $6 Trillion Parked in Money-Market Funds, Says BofA
Analysts see factors like potential rate cuts, ample cash reserves, and dividend payouts from mega-cap tech companies lifting dividend stock prices in the remainder of 2024.
Nancy Pelosi Discloses Buying 10,000 Nvidia Shares After Bipartisan Senators Introduce Bill to Ban Trades
The former House Speaker's latest purchase of 10,000 Nvidia shares follows an additional purchase of 10,000 Nvidia shares in June, despite mounting pressure on Congress to ban these trades.
Former Wall Street Trader Bill Perkins Explains Why Passing On Wealth Early Is Better For Your Kids
Bill Perkins doesn't plan on leaving anything to his two children as an inheritance, believing that giving them money earlier in life can have a meaningful impact.
Newly Wed Wants Advice On How To Protect Her $1.3M Home And Finances From 'Monster' Husband
An LA woman fell for a narcissist who is also a control freak but leaves breadcrumbs of hope to keep her invested in the relationship.
Grandma Turns Artistic Passion Into Profitable Side Hustle, Earning £4,500 Annually
Helen Ashton, a 60-year-old grandmother from Leicester, has turned her passion for painting into a lucrative side hustle, earning £4,500 annually by creating custom staircase murals and ceramics.
Goldman Sachs Expects Market Sentiment To Support Smaller Firms, Sees Upside of up to 165% for Two Biotech Stocks
Goldman Sachs analysts believe small- and equal-weight benchmarks will keep outperforming unless Q2 reports of big tech companies lead analysts to bump their sales forecasts for the latter half of this year and 2025.
Jim Cramer Names Six Companies That May Enter the Trillion-Dollar Stock Club
In a recent episode of CNBC's Mad Money show, Jim Cramer named companies like Eli Lilly, Tesla, JPMorgan, and Walmart that could reach a $1 trillion market valuation.
VP Kamala Harris Net Worth, Her Investment Portfolio and How She Manages Her Finances
Harris and her husband maintain a diversified investment portfolio across stocks, bonds, and real estate for wealth appreciation, passive income, and low-risk exposure.
Fund Manager Overseeing Top-3% Growth Funds Shares A Proven Strategy to Navigate the AI Boom
Ankur Crawford manages Fred Alger Management's top growth funds that invest heavily in tech stocks and have returned over 40% in 2023.
The Last Time This Warren Buffett Indicator Reached This High, A Painful Year-Long Bear Market Followed
Berkshire Hathaway Chairman Warren Buffett's stock market valuation indicator reached an all-time high of 200% last week, implying extreme stock valuations.
This US Vending Machine Idea Leads Back To The 1950's - Is It Time To Bring It Back?
Despite existing in the 1950s, perfume vending machines like Perfumatic could see a lucrative comeback in the US, which has a massive $8.7 billion fragrance market.
Nvidia Likely To Announce Surprise Positive Earnings Next Month, Says Goldman Sachs After Meeting Top Company Exec
Nvidia continues to witness high demand for its AI GPUs and will start disclosing ROI metrics for end users from the next earnings call onwards.
Analysts See Tech Companies Leading the Rally Ahead of Q2 Earnings, Lifts Target Price Over 20% For 3 Tech Stocks
Wedbush Securities analysts led by Dan Ives believe Q2 earnings will be a positive catalyst for tech stocks, which could climb another 15% this year.
Rep. Marjorie Taylor Greene Diversifies Portfolio with Investments in AI, Apparel, and Energy Stocks
Rep. Marjorie Taylor Greene is among several Congress members who are actively trading in the stock market. She maintains a diversified portfolio and has executed 145 trades since 2021.