Finance Blogs

Finance Blogs

Welcome to our Finance Blogs Section. Check our list of the top finance blogs. Find the very best financial blogs online with ratings by categories …

We list the most popular personal finance blogs from experts around the world.

Compensatory Damages

What is ‘Compensatory Damages’ Compensatory damages is money awarded to a plaintiff to compensate for damages, injury, or another incurred loss. Compensatory damages are awarded in civil court cases where loss has occurred as a result of the negligence or unlawful conduct of another party. To receive compensatory damages, the plaintiff has to prove that a loss occurred, and that it was attributable to the defendant. The plaintiff must also be able to quantify the amount of loss in the…

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Fed’s Powell names two senior advisers: report

Federal Reserve Chairman Jerome Powell has appointed a pair of monetary-policy experts as senior advisers, the Wall Street Journal reported Sunday. Citing sources familiar with the matter, the Journal said Jon Faust and Antulio Bomfim will join the Fed. Faust is a Johns Hopkins University economic professor, and will reportedly advise Powell on a part-time basis. Bomfim is an economist in the Fed’s monetary affairs division. Both have previously served as advisers to the Fed. Source link

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Bill Gates says rich people like him should ‘pay significantly higher taxes’

Bill Gates said Sunday that ultra-wealthy people like him should be paying “significantly” higher taxes. “I need to pay higher taxes.” Bill Gates “I’ve paid more taxes, over $10 billion, than anyone else, but the government should require the people in my position to pay significantly higher taxes,” the billionaire co-founder of Microsoft Corp. MSFT, -0.71% …

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Mastering Short-Term Trading

Short-term trading can be very lucrative, but it can also be risky. A short-term trade can last for as little as a few minutes to as long as several days. To succeed at this strategy, traders must understand the risks and rewards of each trade. They must not only know how to spot good short-term opportunities, but also how to protect themselves. In this article, we’ll examine the basics of spotting good short-term trades and how to profit from them.…

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Why it might be better to take Social Security at age 66 instead of 70

Conventional wisdom about Social Security bites the dust—again. As you undoubtedly already are well aware, most financial planners recommend that—so long as you can afford to do so—you should wait until age 70 to begin receiving your Social Security benefits. Your monthly payment in such an event will be 32% higher than if you begin receiving benefits at age 66. So long as you live to your early 80s, those higher monthly payments should make up for the foregone income…

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Seniors will pay the price for Trump’s Medicare cuts

On the campaign trail, President Trump made a lot of promises, including the declaration that he would not cut Medicare as president. But that’s exactly what he’s doing with his proposed budget for 2019. Trump’s plan includes $554 billion in cuts to Medicare, the federal health care program that provides insurance to 55 million Americans who are over age 65 or living with disabilities. The program helps ensure that every American can afford doctor’s appointments, medications, and life-saving treatments after…

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How to find the best volunteer gig in your retirement

Many freshly minted retirees dive into volunteerism. They’ve waited their whole career to give back, and now they’re finally free to donate their time and expertise to a worthy cause. But enthusiasm and good intentions do not guarantee a gratifying outcome. Volunteering can prove a rewarding experience or a time-sucking, stress-inducing mess. There’s a right and wrong way to go about landing the ideal volunteer gig. Begin by identifying your goals, interests and time availability. From there, explore opportunities that…

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