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Why Inflation Is Both Good and Bad for Your Wallet


However, consumers might funnel those returns to living expenses like rent, food, transportation and health insurance if they swell in price, she said.
Indeed, some companies have raised prices recently for household items like toilet paper, peanut butter and soft drinks.
All of those things obviously have a major impact, said Lassus, a certified financial planner and accountant.
Historical perspective
There are a few times in history when savers derived a negative net return after accounting for inflation.
In 1980, for example, a benchmark 10-year Treasury bond yielded an average 11.43% among its highest-ever. (That return beats out the roughly 10% average annualized return for stocks, as measured by the S&P 500 index.) ....

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Colonial Pipeline, Dogecoin, Disney earnings lead week ahead


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What happens when you switch from Obamacare to Medicare?


What happens when you switch from Obamacare to Medicare?
Today 9:30 PM
Q. What happens when you switch from Obamacare to Medicare? Can someone continue to get an Affordable Care Act premium tax credit until Medicare coverage starts? IRS 2019 Publication 974 states in an example that you can. In other words, if your birth month is September and you sign up for Medicare in November, your Medicare coverage starts Feb. 1. You should be able to continue to get your premium tax credit Feb. 1, even though you turned 65 earlier in September, right? Confused
A. It’s a great question.
You cited a 2019 IRA publication. ....

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Advisers underwhelmed by the first 100 days of Biden


Advisers underwhelmed by Biden’s first 100 days
An unscientific poll of readers found 61% disapproving of Biden and 60% opposing his proposed tax increases. The survey was released on April 29, Biden’s 100th day in office.
May 3, 2021
2
MINS
Financial advisers aren’t impressed with President Joe Biden over his first 100 days in office, according to an online survey of
InvestmentNews readers.
The poll shows that 61% of respondents disapprove of the job Biden has done in the first three months of his presidency while 39% approve. The unscientific survey was released on April 29, Biden’s 100
th day in office, and as of Monday, more than 100 readers have responded to each question. ....

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