Author: super@dmin

On the path to financial independence, or “FI”, it’s easy to become excessively focused on money. We stress about our investments, our retirement accounts and optimizing spending. We are chasing that finish line at the end of the tedious race of the 9-to-5 and it’s no surprise why. The corporate culture has become toxic in…

Sam Dogen, a San Francisco-based blogger at the Financial Samurai, retired in 2012 when he was 34. Despite the many perks of early retirement — waking up whenever you want, for example — it wasn’t the easiest decision. Dogen said he suffered an identity crisis after giving up his title as executive director at an…

Married men sit on the top of the wage ladder. The wages of married men far surpass those of all of those groups. They exceed $80,000 per year by their peak earning years, while all the other groups barely graze $50,000 per year, according to data from the University of Minnesota and IPUMS-USA, a database…

Social Security’s closely watched cost-of-living adjustment may try to align with inflation, but it’s out of step with what retirees are spending. The official adjustment, known as COLA, will be announced next month, but the Senior Citizens League, a nonpartisan advocacy group for retirees, said it expects a 2.8% increase for 2019. The organization analyzed…

Many of us toss and turn the night before an important event. But a Bankrate survey found that’s not all that’s keeping us up at night. Thirty-six percent of people overall said they’re not getting enough sleep because they’re worried about their finances. But money worries hit “older millennials” (ages 28-37) the hardest. Forty-three percent admit to…

The cryptocurrency market’s credibility took a hit late Wednesday New York time when Japanese exchange Zaif said it had been hacked, resulting in the loss of nearly 6,000 bitcoin. As for pricing action, however, the news had little immediate impact, with bitcoin steady and the ongoing Ripple rally boosting alt-coins. The latest hack was the…

You could own James Bond’s car Aston Martin wants to sell its shares at a price that would put the luxury brand in the same league as Ferrari. But does it have the horsepower? The favorite carmaker of fictional British secret service agent James Bond announced plans Thursday to sell shares for up to £22.50…

Treasury yields pulled back slightly early Thursday trading ahead of data that will give the latest read on the labor and housing market’s health. The 10-year Treasury note yield TMUBMUSD10Y, +0.70% was down 0.9 basis point to 3.074%, but still near its seven-year high at 3.109%. The 2-year note yield TMUBMUSD02Y, +0.90% was mostly flat…

The U.S. dollar softened on Thursday, partly due to a buoyant British pound and New Zealand dollar, which were both trading higher on the back of better-than-expected economic data. Trade headlines dominated North American trading, though much of investors’ attention was focused elsewhere on Thursday. In the latest developments surrounding the North American Free Trade…

What many people think they know about Adam Smith, the 18th century Scottish philosopher known as the father of economics, is often far off the mark. Contrary to his modern champions on the right and detractors on the left, Smith wasn’t an advocate of cold-blooded self-interest, said Jesse Norman, author of a new biography, “Adam…