The Money Blog

Despite increasing inflationary measures and the lack of new homes being built, demand for luxury homes has remained hot in the U.S.

It would be nice to have a wad of cash or an inheritance to pay...

Certificates of deposit, or CDs, offer you a chance to keep your cash safe from loss of principal - and potentially earn a higher yield than what you’d get with a savings account.

With a CD, you c...

A Powerball winner in California won a drawing back on October 11, 2023 for an estimated $1.765 billion. You and I know that the probability of hitting the lottery is very slim to none - but someone h...

Gas prices normally decline after Labor Day - as the summer season ends. However, instead, they are rising. Production cuts by Saudi Arabia, Russia and other oil-producing countries, as well as natura...

A young woman emailed me recently and asked, “how can I increase my income.” I felt a bit perplexed at first but then I quickly realized that it's quite hard to live any sort of quality-of-life these ...

Retirement may seem out of the question these days with high inflation, a possible recession, soaring food prices, but for some older adults, hanging on to their job can cause more harm than good. Yes...

The world's largest cryptocurrency (Bitcoin) reached $30,000 Monday (April 10, 2023) evening for the first time since June 2022.

Some industry advocates acknowledge the asset as a potential "safe haven...

Magic Johnson won the National Collegiate Basketball Championship back in 1979 against his arch rival, Larry Bird. He was a sophomore at Michigan State and only 19 years old. Soon after their champion...

According to data from Goldman Sachs over the past 140 years, U.S. stocks averaged over 10-year returns of 9.2%. That’s quite an attractive return, but not everyone believes the stock market is such a...

With only two trading days left in what is shaping up to be the worst year for the U.S. stock market since 2008, the major stock market indexes - (Dow Jones, S&P 500, and NASDAQ) - are down significan...

A major reason for Black America’s failure financially is the inability to recycle its money within its communities and practicing group economics. Nearly all of Black income is spent directly outside...

“I’m 65 and want to retire in 6-12 months. I have $125k in an annuity and $100k sitting in my 401(k). I don’t know what I’m doing. I need some advice.”

Congratulations as you prepare for your impendi...