Author: troyashbacher

Stock futures pointed slightly higher to end a week that has seen major equities indexes sell off on concerns about AI spending and valuations of big tech firms, while the price of bitcoin continued to fall amid risk-off market sentiment. Futures associated with the Nasdaq ticked 0.1% higher after the tech-heavy index sank 2.2% yesterday, while those affiliated with the S&P 500 rose 0.2% after the benchmark index ended down 1.6% yesterday. Those associated with the Dow Jones Industrial Average advanced 0.5% after the blue-chip index lost an early 700-point advance Thursday to close down nearly 400 points, or 0.8%. Futures had been pointing…

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at five questions on the gain exclusion tax break when you sell your home. (Get a free issue of The Kiplinger Tax Letter or subscribe.)1. Will my home sale be taxed?Question: My husband and I are thinking of selling our home next year that we have owned for many years. Will the gain be taxed?Joy Taylor: It depends. Generally, if you have owned and lived in your main home for at least two out…

November 21, 2025 Some of you may recall that I listed 13 Best Canadian Dividend Stocks here on the blog. I believe these 13 dividend stocks will provide investors with solid long-term returns. On the DIY Wealth Canada Podcast, this week, Nelson and I decided to expand on the Best Canadian Dividend Stocks idea and discuss a few of our favourite Canadian dividend stocks. Please note that different investors will have their own favourites based on what they’re looking for. Take a listen! Spotify: https://open.spotify.com/episode/2VmQavlDP7Xo03XACkT3d0 YouTube: https://www.youtube.com/watch?v=lh8hpjyYIUI I’d love to hear your thoughts on our list. ]]> div{padding-right:0!important;padding-bottom:10px}.ml-form-formContent.horozintalForm .ml-button-horizontal{width:100%!important}.ml-form-formContent.horozintalForm .ml-button-horizontal.labelsOn{padding-top:0!important}}]]>…

What I Spent I went to Aldi this week because I needed…everything. And one of my bags, which is quite an old one from an in-store Athleta purchase, ripped as I unloaded my groceries. When a bag is mendable, I will always take the time to do a repair. But this one was made of some kind of material that just disintegrated over time. So, into the trash it went. I spent: $156 at Aldi $6 at Safeway Soo, $162. That’s more than usual for sure, but I was out of a lotta stuff. What We Ate Saturday We had French…

Work until you die — quite literally — was the American approach to retirement until the passage of the Social Security Act of 1935. That law established an official retirement age, providing a clear marker for when the next chapter of your life could begin.But that didn’t mean the end of bad advice; in fact, it has been flourishing ever since, costing Americans untold sums in get-rich-quick schemes and fly-by-night stocks.Just how much? A lack of financial literacy cost the nation $243 billion in 2024 (National Financial Educators Council). On a personal level, this susceptibility to bad advice has resulted…

Key Takeaways Financial planners typically advise saving enough to replace about 75% of your pre-tax income for retirement.For the median U.S. household income ($83,730), you’d need about $5,233 per month in retirement. Using the 4% rule, that means that you’d need to save $1.57 million in total. When preparing for retirement, you’re probably wondering, will I have enough? To answer this, you’ll need to know a few key numbers. First, how much money will you need per month in retirement? And then, how much money will you need to save in total? Read on to learn how to crunch these…

Warren Buffett, 95, the so-called Oracle of Omaha, is set to step down by year-end as CEO of investment company Berkshire Hathaway. Over 60 years, he and his deputy, Charlie Munger, who died in 2023 at the age of 99, produced outstanding investment returns that made other investors’ returns pale in comparison.Look at the numbers: From 1965, the year Buffett took over a struggling textile company, through the end of 2024, Berkshire’s shares rose 5,502,284%. That’s an annual compounded return of 19.9%. Over the same six decades, the S&P 500 index rose just 39,054% or 10.4% annually.“Buffett is the most…

Federal payments to Medicare Advantage plans are adjusted for the health status of the plans’ enrollees through a process known as risk adjustment. Generally, payments are higher for people with more health conditions and lower for people with fewer health conditions. The purpose of risk adjusting payments is to ensure Medicare Advantage plans receive sufficient payments to cover the expected costs of enrollees with more health conditions who have higher expected health care spending. However, it also provides an incentive to Medicare Advantage insurers to document the health conditions of their enrollees more comprehensively than is done for traditional Medicare beneficiaries,…

Last Updated: Nov. 20, 2025 at 8:16 p.m. ETFirst Published: Nov. 20, 2025 at 5:17 p.m. ETRoss Stores Inc. on Thursday joined TJ Maxx parent TJX Cos. in turning more positive about the immediate future — the latest sign that financially stretched consumers continue to flock to off-price apparel retailers seeking bargains.Ross Stores ROST, which owns Ross Dress for Less and DD’s Discounts stores, long has been a favorite on the Street among discount apparel retailers.

Every year or two, Vanguard changes its process slightly. If you understand the Backdoor Roth IRA, these little tweaks are no big deal. If it’s your first time, they can be confusing. We periodically update this post, but if you’re doing this process sometime after this post gets published again, don’t be surprised if it looks a little different from what you see here. The most recent update uses screenshots from 2025. Here’s all you need to know to do a Backdoor Roth IRA with Vanguard. Step 1: Contribute to Vanguard Traditional IRA First, go to your traditional IRA account…