Budgeting on a Single Income

The recovery in US economic activity in the third quarter appears set to continue in Q4, based on the median for a set of estimates compiled by CapitalSpectator.com. Although the numbers point to a slowdown in growth, the current Q4 nowcast highlights the possibility that output will post back-to-back quarterly increases for the first time this year

The capital markets are heading into the weekend mostly quietly in a consolidative fashion.

Over the past five weeks, the market has been up 14.7%. Also, after the CPI report was issued last Thursday morning, the market and almost all the stocks had a tremendous run-up. In two days, the market is up nearly 7%.

The Fed has raised the Fed Funds rate six times this year to combat inflation and the last four times at a 0.75% clip. The current 4% rate is the highest in well over a decade. But the Central Bank has indicated that it will take more pain to get that inflation genie back in the bottle.

Overview: The situation in central Europe is still intense but it appears top US, European and Polish officials are more reluctant than some market participants to attribute the darkest of intentions and paint extreme narratives.

Yes, this is a random WestRock (WRK) dividend stock, come back story. Why is it a comeback? WestRock decimated their dividend during the height of the pandemic from COVID-19. One of the world’s biggest, packaging companies reduced their dividend to $0.20 per share, per quarter from the high of $0.465.

Invest in yourself - it’s the best thing you can do.

High Volatility: VIX > 23. The US Markets bounced hard on Thursday’s CPI Data. Will Chair Powell pivot on rate hikes before the end of year?

Market Commentary

Reaffirmed 2022 operating earnings guidance range of $4.97-$5.07 per share and midpoint of $5.02; 2023 operating earnings guidance range of $5.19 to $5.39 per share; Five-year, $40 billion capital plan emphasizes investment in wires and renewables

Anxiety is running high. Rather than ease its Covid restrictions, a surge in cases is seeing more areas in China come under restrictions.

One must be realistic about future plans and think ahead to avoid retirement mistakes. When preparing for retirement, it is easy to make poor financial moves.

We assess Southern Company to be a buying opportunity. For retail investors, this may be a good time to dollar-cost average into a position in SO.

V.F. Corporation is a giant in the apparel industry. The company’s annual sales amount to nearly $12 billion, but the company has humble beginnings. It started all the way back in 1899 and has seen many twists and turns in the 123 years since.

Does higher inflation have you worried? Are you concerned that your purchasing power will continue to decrease? Dividend stocks can help you beat inflation.

It’s important to know how to use credit successfully!

The market decided to climb back up this month and then interest rates rose once again. The narrative hasn’t changed both Tiff and Powell have said they aren’t done raising interest rates in previous hikes. Unfortunately Tiff played his cards first hoping Powell would follow suit with a .5% raise and the US raised theirs .75% essentially devaluing our dollar. Inflation for Canadians should rise on this move alone as it now costs us more to buy stuff in usd.

To say that retirement marks a new chapter in one’s life is an understatement. It’s more than revisiting your previous life journeys and achievements while taking an occasional walk or resting on a couch. There are so many ways to make your golden years joyful. Once you develop healthy habits during retirement and practice them daily, your days become brighter and more exciting. So buckle up, and look at the tips we prepared for you!

I’m at a party and someone asks me about The Best Interest. I give my usual answer above loving to write about personal finance and investing, and a third chatter says, No offense, but isn’t personal finance pretty simple!? Make a budget. Spend less than you earn. Invest, but keep fees low. Once you know the, like, eight basic rules or whatever it is, then you’re done. I don’t get how there can be so many blogs and books and podcasts. They’re all just re-hashing the same thing!

Investing is an extremely important part of being wealthy and is how many Americans are able to build wealth and retire. While most Americans know about investing, people often underestimate the power of it and how great of a tool it can be to achieve financial freedom. Additionally, the earlier you start investing, the more powerful it becomes. Because investments grow at an exponential rate, meaning it builds onto itself, investing earlier will leave you with a significant larger retirement sum than if you had chosen to wait.