Blunt Investing Claims, Financial Gifts, and Major Price Reductions

Cash Flow Strategies for Survival...                                                                                                                                                                                                                                                                                                                                                                                                                 December 19, 2023 | [Read Online]( Good morning. It's Tuesday, Dec. 19, and we're covering your personal financial statement, how to spend retirement money, housing market crashes, and much more. First time reading? [Sign up here](. Stock Market Update Market Performance: December 19, 2023. The S&P 500 rose Monday as the market maintained the momentum seen during its seven-week winning streak. The Dow Jones Industrial Average was little changed, gaining just 0.86 points, or 0.00%, to 37,306.02. The S&P 500 climbed 0.45% to 4,740.56. The tech-heavy Nasdaq Composite advanced 0.61% to 14,904.81. The S&P 500 is now 1.2% away from its all-time closing high at 4,796.56 that was reached in January 2022. [Communication services outperformed in the S&P 500,]( with the sector up 1.9%. Mega-cap tech names such as Meta Platforms gained nearly 3%, while Google-parent Alphabet jumped more than 2%. Financial Maverick Insights Evaluating Your Personal Financial Statement Many individuals look at their bank and credit card statements and are surprised by how much they've spent. One simple method of accounting for income and expenditures is to keep personal financial statements just like the ones used by corporations. Financial statements provide you with an indication of your financial condition and can help with budget planning. There are two types of personal financial statements: the personal cash flow statement and the personal balance sheet. A personal cash flow statement measures your cash inflows and outflows to show you your net cash flow for a specific period. Cash inflows generally include: Salaries, Interest from savings accounts, Dividends from investments, and Capital gains from the sale of financial securities like stocks and bonds. [A balance sheet is another type of personal financial statement.]( A personal balance sheet provides an overall snapshot of your wealth at a specific period in time. It's a summary of your assets or what you own and your liabilities or what you owe. It results in your net worth: your assets minus liabilities. You’ve spent decades saving money for retirement. Now comes the hard part — spending it. After decades of squirreling away money for retirement, people can feel incredible anxiety when it’s time to shift into spending mode. Having a strategy for spending money in retirement can alleviate some of that stress. [Major worries among retirees include not being able to spend]( as much as before retirement, not being able to leave money to beneficiaries, facing unknown healthcare expenses and outliving their money, said Corey Briggs, director of wealth planning at Plaza Advisory Group in St. Louis. Real Estate News Kenyan Man Narrates Success Story in the US Real Estate Industry | Mwakilishi.com Kenyans residing in the United States are actively purchasing land, with Stephen Kamau, a fellow Kenyan, playing a significant role in simplifying the property acquisition process. Housing market is seeing 'major price reductions': Katrina Campins | Fox Business Video FOX Business real estate contributor Katrina Campins discusses whether the housing market is on the verge of a boom after the Fed signaled lower interest rates on 'Making Money.' Bret Calltharp: Maestro behind real estate success stories In the latest in his Snapshot series, team leader Brandon Doyle talks to Bret Calltharp, director of agent engagement at MoxiWorks, about helping others reach success beyond what they thought they could achieve. Personal Finance Tips Lessons of love and money help before the holidays With Christmas just around the corner, Maija Winesberry shared some advice to avoid getting in... Cash Flow Strategies for Survival Cash flow is critically important to a small business’s survival and success. These cash flow strategies can help you ensure your business has the cash on hand it needs to grow and succeed. Financial gifts can help teach financial literacy Are you tired of spending money on toys that just end up broken or in the back of a closet? Consider a gift that keeps giving. Alternative Investing Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election Fairshake, a super political action committee (PAC), has raised $78 million to support leaders who endorse crypto and blockchain in the forthcoming U.S. presidential election, according to a press release on Monday. How the Fed impacts stocks, crypto and other investments For two years the prospect of higher interest rates has been affecting markets, but the direction of rates has now hit a turning point. Elon Musk echoes Warren Buffett in blunt investing claim Legendary investor Warren Buffett has a number of rules he lives by when it comes to picking stocks and building out a portfolio. Are you seeking improved cash flow strategies? [Yes]( [No]( Reach Over 100,000 Financial Mavericks Advertise with Financial Maverick to get your brand in front of the Financial Gurus in the world. 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