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Rabbithole: What Do People Get Wrong About Money?

The Big Picture

” A : Money is NOT a store of value to be useful, a dollar must maintain its value long enough for me to pay my rent or mortgage, buy food and energy, fund my entertainment and travel, pay my taxes, and get invested. The GFC I had a more money at risk; Covid was fully invested, with a 401k, portfolio and of course, the firm.

Investing 195
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7 Steps to Define and Align Your Money Values for Success

Clever Girl Finance

Your money values influence the decisions you make about budgeting, saving, investing, and even giving. That realization encouraged me to create a fun fund in my budget , so I could treat myself to experiences without guilt. If you value integrity, shift your portfolio toward ethical investments.

Ethics 98
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15 Recession-Proof Businesses That Thrive in Any Economy

Clever Girl Finance

Food and beverage 3. These are businesses that meet everyday needs, provide essential services, or deliver comfort and value when people are tightening their budgets. These include sectors like healthcare, food, repair services, and childcare. Food and beverage Food and beverage are also recession proof industries.

Economy 68
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Market Commentary: Stocks Pause After Post-Election Surge

Carson Wealth

Core CPI (excluding food and energy), which is typically used as a gauge for underlying inflationary pressure by the Fed, rose 0.3% Housing is in fact a big portion of a household’s budget. A diversified portfolio does not assure a profit or protect against loss in a declining market. Headline CPI rose 0.2% year over year.

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Ten Questions on Tariffs, the Economy, Markets, and Our Outlook

Carson Wealth

These include national security-based tariffs on steel, aluminum, and even lumber and agricultural imports (the US imports $200 billion in food products). Amongst other measures, theyre imposing broad tariffs on food imported from the US, which is targeted to hit the export-oriented US agricultural industry.

Economy 87
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How Will the One, Big, Beautiful Tax Bill Impact Markets?

Carson Wealth

Offsetting this are cuts to other parts of the federal budget, mainly Medicaid and safety net programs like SNAP (food stamps). Want to know more about what this could mean for your portfolio for the rest of the year? The repeal and modification of many energy and clean vehicle tax credits.

Taxes 59
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Weekend Reading For Financial Planners (January 13-14)

Nerd's Eye View

Also in industry news this week: The Department of Labor (DoL) this week published a final rule delineating what makes an individual an independent contractor versus a company employee, though it did not provide specific guidance for registered representatives of broker-dealers and other financial professionals who have expressed concern that their (..)