This 32-year-old grosses $431,000 a year from real estate investments—how he earns passive rental income

I always tell people that real estate has the potential to be a great investment. But getting started can be daunting. As a real estate investor for eight years, I’ve found that the key is to take small steps. When I first started investing at age 23, I set a modest goal to make a … Read more

18% of Americans plan to increase stock market investments this year

Thianchai Sitthikongsak | Moment | Getty Images The stock market’s roller-coaster ride is not inspiring confidence in investors. Still, a small portion do plan to take advantage of recent price dips. About 18% of Americans are willing to put more money into stock market investments this year, including retirement accounts, according to a recent survey … Read more

Emergency savings take hit as households adjust short-term finances

Jim Watson | AFP | Getty Images It appears emergency savings are another casualty of high inflation. About one-third of adults are contributing less to their emergency funds so that they are able to cover their everyday expenses, according to research from New York Life Insurance Company. The average reduction in monthly contributions to those … Read more

Inflation is the ‘top problem’ facing America, survey shows

A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022. David Paul Morris | Bloomberg | Getty Images Meanwhile, President Joe Biden also has faced blowback over continued inflation and plans to address the issue. A Twitter exchange between Biden and Amazon founder Jeff Bezos began on Friday when the … Read more

Here’s how young women are deciding how much to save for retirement

Drakula & Co. | Moment | Getty Images When it comes to retirement planning, earlier is generally better, but several factors affect how much young women are saving, according to financial experts. For retirement planning purposes, the demographic termed “younger women” may include Gen Zers, millennials and some Gen Xers with 20 years or more … Read more

How to buy stocks on the brink of a bear market

It seemed like everyone was in a buying mood on Friday, except Elon Musk. The Dow Jones Industrial Average broke a six-day losing streak, the Nasdaq Composite turned in its second positive session in a row, and the S&P 500 was up over 2%, a small step back from the brink of a bear market, … Read more

How to buy more than $10,000 in nearly risk-free I bonds this year

Chris Ryan | Getty Images I bonds have surged in popularity as riskier assets slip. The bonds are backed by the federal government, the principal does not lose value and the bonds earn monthly interest through two parts, a fixed rate and a variable rate. Currently, the variable component will pay a record 9.62% annual … Read more

Worried about a recession? Here’s how to prepare your portfolio

FG Trade | iStock | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. “We all understand that markets go through cycles and recession is part of the cycle that we may be facing,” said certified financial planner Elliot Herman, partner at PRW Wealth Management in Quincy, … Read more

How to teach your kids to have a healthy relationship with money

Many parents intend to teach their children to have a healthy relationship with money but end up falling short – even though a majority say personal finance lessons are best taught at home. Some 83% of adults say parents should teach their kids about personal finances, according to a CNBC + Acorns Invest in You … Read more

I bonds to deliver a record 9.62% interest for the next six months

Marko Geber | DigitalVision | Getty Images If you’re eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are paying a 9.62% annual rate through October 2022, the highest yield since being introduced in 1998, the US Department of the Treasury announced … Read more