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Previous studies have shown that stock pickers who use day-trading strategies are likely to fail to beat stock market averages. But a new study says there might be a big exception to that rule. The opening range breakout strategy — in which traders try to cash in on volatility that often occurs at the beginning … Read more

A movement is afoot to provide retirees with more steady income for life. Two of the biggest money managers — Fidelity Investments and State Street Global Advisors — are pushing changes that could give tens of millions of 401(k) plan participants an option for consistent income through the use of annuities, The Wall Street Journal … Read more

The vast majority of Americans 65 and older get their medical coverage through Medicare, the federal retirement health insurance program. However, as we have explained, Medicare does not pay for all your health care expenses during your golden years. Some retirees are surprised by the amount of out-of-pocket costs they accumulate despite being enrolled in … Read more

When most people hear the phrase “six figures,” they immediately think of a huge salary. After all, six-figure incomes are often associated with high-powered jobs in the business world or top-tier professionals like doctors and lawyers.  And do you know 18% of American individuals are six-figure earners, according to Zippia? That’s a lot of money … Read more

Prostock-studio / Shutterstock.com Editor’s Note: This story originally appeared on The Penny Hoarder. Whether it’s a calling, a passion, a way to make money — or some combination of all three, writing is a pretty rewarding way to spend your time, not that I’m biased. But before you set out for your favorite cafe with … Read more

TheVisualsYouNeed / Shutterstock.com Don’t be like me. Don’t be dumb. I feel like a fool. After years of occasionally writing articles about scams and fraud, I fell for a simple phishing scam on my cellphone. I gave up my debit card information to a scammer — possibly one based in the tiny European nation of … Read more

Damir Khabirov / Shutterstock.com Many people who belong to a homeowners association view these organizations as a giant pain. HOAs often make rules that homeowners must follow. Fail to do so, and you could be fined. But there is good reason behind an HOA’s tough approach: The goal is to ensure practices that keep the … Read more

Andy Dean Photography / Shutterstock.com When people retire, they often move to another state. And in 2021, older residents of some states were especially likely to pack up and go. Recently, SmartAsset looked over data from the U.S. Census Bureau’s 2021 1-year American Community Survey and teased out information that reveals which states had high … Read more

PeopleImages.com – Yuri A / Shutterstock.com Editor’s Note: This story originally appeared on Living on the Cheap. If you’d rather not spend school breaks or time off work spending lots of money, why not stay in your city instead of jetting off to an exotic location? A staycation is your chance to visit fun attractions … Read more