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Bitcoin could go back above $65k in the next four years, says Michael Saylor

Michael Saylor, chairman and co-founder of MicroStrategy Inc. MSTR, -0.35%, said bitcoin could go back to $68,990, its peak reached in November “sometime in the next four years,” and could reach $500,000 in the next decade if it matches the market cap of gold. MicroStrategy is also making developments on the Lightning network, a payment …

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Can you avoid that 6% mortgage rate? Here’s what pros think will happen next with mortgage rates

What might mortgage rates look like this month? Getty Images This past week, average 30-year mortgage rates crossed the 6% mark — though many borrowers can still snag lower lower rates than that — after staying below that for most of July and August, Bankrate data revealed. So we asked pros: What will happen next? …

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These are the 10 major housing markets that just saw the biggest declines in home equity

Plus, what to know if you’re thinking about taking out a HELOC. Getty Images/iStockphoto As home prices soared in recent years, homeowners enjoyed record levels of tappable home equity, which is the amount of money a homeowner can borrow against while keeping a 20% equity stake. But that’s all changing as home prices begin to …

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Why ‘quantitative tightening’ is the wild card that could sink the stock market

Quantitative monetary easing is credited for juicing stock market returns and boosting other speculative asset values ​​by flooding markets with liquidity as the Federal Reserve snapped up trillions of dollars in bonds during both the 2008 financial crisis and the 2020 coronavirus pandemic in particular. Investors and policy makers may be underestimating what happens as …

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‘I want to stem the shrink.’ I’m 66 and my Social Security check is only going to be about $1,000 a month. My only savings is in a 401(k) that is ‘currently shrinking weekly.’ Should I get professional help?

Do you need a financial adviser? Getty Images/iStockphoto Question: I’m trying to determine if seeking a financial advisor is warranted for a 66-year-old senior whose only savings is in a 401(k) and currently shrinking weekly. My husband is a retired teacher so we do have his pension, but he did n’t pay into Social Security …

‘I want to stem the shrink.’ I’m 66 and my Social Security check is only going to be about $1,000 a month. My only savings is in a 401(k) that is ‘currently shrinking weekly.’ Should I get professional help? Read More »

Hacker steals $185,000 in ethereum from Bill Murray after NFT charity auction

A hacker stole about $185.00 worth of ethereum from actor and comedian Bill Murray’s crypto wallet, hours after Murray raised the funds in an NFT charity auction. Coindesk reported that a hacker started to drain Murray’s wallet Thursday, soon after a “Beer With Bill Murray” NFT collectible sold for 119.2 ethereum ETHUSD, +1.70% — about …

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This is exactly how much less money Americans are now saving just since last year

Food prices climbed 10.9% in the 12 months ending in July, according to government data. Getty Images/iStockphoto People are saving less these days. Indeed, the personal savings rate — the Bureau of Economic Analysis’s measurement of disposable personal income after taxes and monthly spending — slid to 5.1% in July, down from 5.5% in the …

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20 dividend stocks with high yields that are expected to raise payouts the most through 2024

There are different ways to select stocks based on dividends. An investor might look for companies paying high dividends, with the hope that payouts will keep rising. Or the investor might focus less on high current yields and more on consistent dividend increases. Below is a screen of stocks taking the first approach, beginning with …

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I set up a company with friends. It has sales of $1 million. Two partners hijacked control of the bank accounts, and want to push others out. What can we do?

I went into business with friends operating a night market. We hold big events every two weeks. We started an LLC as equal members, all with a 25% share. Friend A had the idea to do it and said they wanted us to be their partners, and they would not do it without us. We …

I set up a company with friends. It has sales of $1 million. Two partners hijacked control of the bank accounts, and want to push others out. What can we do? Read More »

I’m 62, single and never had a retirement account. I have $100,000 to invest, but is it too late?

I am a 62 year-old single man and have never had a retirement account. I do own both my home and a rental property which are paid for and I have no other debt. I have $100,000 in savings which I would like to invest for retirement. In my current job I am saving $10,000 …

I’m 62, single and never had a retirement account. I have $100,000 to invest, but is it too late? Read More »