World News
A community for discussing events around the World
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Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Interest rates dropping, prepare for inflation, and prices, to surge.
PSA for those needing the reminder: Anyone with any savings should be keeping it in a brokerage account (eg Fidelity, eTrade, Vanguard, etc). Savings accounts at banks don't pay you anywhere near enough interest to keep up with inflation. But with a brokerage you can put that money into a managed fund, which is in turn investing it into the parts of the economy where all the value is going, returning that value to you at like 5%-20% per year. It doesn't need to be a 401K account connected to your workplace, it can just be a standalone account with regular tax. Even after the gains tax it's like an order more growth than a savings account and usually outpaces real inflation. Even if the fund's holdings include things you don't find 100% ethical, it's likely what a bank is investing your savings account money in anyway - Just without sharing the profits with you.
What a fun game. The only way to earn interest is to fund capitalistic ventures that got us here in the first place.
Ill gladly refinance my mortgage, but at what cost?
Depends on the lender but usually like $4-8k. It's bet that you won't want to change the terms of the mortgage again until your balance is lower than it would be otherwise.
Closing?