The Motley Fool

MAY 16, 2024

Warren Buffett is a big fan of bank stocks. His holding company, Berkshire Hathaway , has several major investments that are directly exposed to the financial sector. Two of Buffett's positions are particularly attractive right now. One bank is a deep value play, while the other offers compelling long-term growth potential. over the decades.

Banks 246

Banks Stakes Assets Returns 246

The Motley Fool

MAY 12, 2024

It's also easy to compare rates, since they're available online; we rate the best CDs here at The Motley Fool Ascent. The Ascent does not cover all offers on the market. This means that if your bank goes under, you won't lose your money. This will surely help you sleep better at night.

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Investing Banks Accounting Funds 246

The Motley Fool

APRIL 19, 2024

Banking disruptor SoFi (NASDAQ: SOFI) has produced impressive growth recently. Since the beginning of 2020, its customer base has grown from less than 1.1 million to over 7.5 This tremendous momentum begs the question: How big could it get? Could SoFi realistically become one of the largest U.S. Metric SoFi JPMorgan Chase Total assets $30.0

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Banks Financial Institutions Assets Investment Banking 246

The Motley Fool

MAY 17, 2024

Image source: The Motley Fool/Upsplash There are many great options for investors looking to earn money. One option that's gained in popularity lately is opening a certificate of deposit (CD). Some CD rates pay annual percentage yields (APYs) of more than 5%, but is a CD the best place to grow your money? Probably not.

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Stock Market Stock Market Accounting Funds 242

The Motley Fool

MAY 13, 2024

If you don't mind opening a new credit card, check out The Motley Fool's Ascent's picks for the top travel rewards cards to get started. A recent survey by Empower found that over 90% of Americans are planning domestic travel in 2024, and they expect to spend an average of $1,163. There are lots of side hustle options. It's free, after all.

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Taxes Accounting Funds Debt 243

The Motley Fool

MAY 15, 2024

Image source: Getty Images Retirement is one of the biggest adjustments any of us may ever experience. We spend a lifetime building a career until, one day, it's no longer part of our lives. Even if we're not shaken by the loss of identity or the new gaps in our schedules, we must adapt to a new financial reality. Was it good news? Probably not.

Financing 239

Financing Finance Legal Financial Services 239

The Motley Fool

MARCH 27, 2024

That's according to lottery statistics gathered by The Motley Fool Ascent. To find one, check out The Ascent's list of the best online stock brokers. Image source: The Motley Fool/Upsplash The odds of winning may be near zero, but that doesn't make the lottery any less popular. Americans spent $95.6 Most players don't win anything.

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Exchange-Traded Funds Stock Market Stock Market Financing 246

The Motley Fool

MAY 9, 2024

Start with The Motley Fool's Ascent's guide to the best VA lenders if you're opting for this type of loan. Start with The Motley Fool's Ascent's guide to the best VA lenders if you're opting for this type of loan. Census data reported by the Military Times showed that 80% of veterans owned homes, compared to 60% of the rest of us.

Banks 227

Banks Financing Finance Funds 227

The Motley Fool

JANUARY 14, 2024

Image source: Getty Images When you apply for a credit card, the best-case scenario is an instant approval. The good news is that this happens pretty often. Many card issuers offer instant approval credit cards , where if you fit what they're looking for, you get approved on the spot. It's also possible to get an instant denial.

Financial Services 243

Financial Services Capital Companies 243

The Motley Fool

MAY 16, 2024

But clearly, we managed to get through 2023 without an economic recession. And so far, things seem pretty stable as we creep toward the midpoint of 2024. Meanwhile, the Federal Reserve seems pretty optimistic about the state of the U.S. That's good news. The idea of a recession can be scary. Here's how.

Debt 244

Debt Banks Funds Accounting 244

The Motley Fool

APRIL 21, 2024

The exact amount varies depending on a number of factors, but it's usually about 1% to 3%, according to research on credit card processing fees by The Motley Fool Ascent. Many rewards cards also have welcome offers to sweeten the deal, such as a $200 bonus if you spend $500 in the first three months. It's no small sum, either. In 2022, U.S.

Debt 246

Debt Funds Companies 246

The Motley Fool

MARCH 27, 2024

See the 10 stocks *Stock Advisor returns as of March 25, 2024 American Express is an advertising partner of The Ascent, a Motley Fool company. See the 10 stocks *Stock Advisor returns as of March 25, 2024 American Express is an advertising partner of The Ascent, a Motley Fool company. The video was published on March 27, 2024.

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Portfolios Banks Returns Investors 246

The Motley Fool

MARCH 13, 2024

I took advantage of hotel and airfare deals to save money. I also reduced my travel spending by taking advantage of free and low-cost activities. If you want to see more of the world while on a limited budget, you can benefit by doing the same. Here's one nearly free activity you may want to make time for when visiting a new destination.

Financial Services 246

Financial Services Banks Financing Finance 246

The Motley Fool

MAY 6, 2024

Image source: Upsplash/The Motley Fool Savings accounts are great for money you want to earmark for emergency expenses and near-term goals, like saving for a car, vacation, or house. While in the past, 5-year CDs had generally lackluster returns, today's rate environment has made these deposit accounts far more lucrative.

Banks 231

Banks Accounting Taxes Returns 231

The Motley Fool

MAY 15, 2024

Image source: Upsplash/The Motley Fool Right now is a great time to invest in certificates of deposit (CDs). Many CDs pay annual percentage yields (APYs) of 5% or higher, making them a tempting place for many people to store their cash and earn some interest. Here are three reasons I'm content to watch CDs from the sidelines.

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Taxes Accounting Stock Market Stock Market 246

The Motley Fool

MAY 14, 2024

Let's take a look at what you could earn if you opened a 6-month, 1-year, and 5-year CD based on The Ascent's list of the highest CD rates available as of April 29, 2024. Some banks have lower minimums or no minimums at all, and others have higher ones.) CD term APY Interest earned 6-month CD 4.95% $61.13 1-year CD 5.15% $128.75

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Investing Banks Accounting Funds 130

The Motley Fool

MAY 16, 2024

See the 10 stocks » *Stock Advisor returns as of May 13, 2024 JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Bank of America is an advertising partner of The Ascent, a Motley Fool company. Citigroup is an advertising partner of The Ascent, a Motley Fool company. He's not wrong. It has a 15.7%

Banks 130

Banks Capital Assets Returns 130

The Motley Fool

MAY 13, 2024

The Ascent's list of the best 1-year CDs has more than a dozen paying rates above 4.50%, including seven CDs with rates of 5.00% or higher. The best 5-year CDs on The Ascent's list mostly have rates in the 3.75% to 4.00% range, with no 5.00% options available. So be sure you're OK with making the time commitment.

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Return On Investment Debt Funds Returns 130

The Motley Fool

MAY 11, 2024

Image source: Upsplash/The Motley Fool With the right combination of travel rewards credit cards , you can get almost anywhere for practically free. American Airlines I found the most award availability -- and the most affordable awards -- through American Airlines (AA). in fees on Asiana Airlines aircraft.

Banks 130

Banks Debt Capital Companies 130

The Motley Fool

MARCH 23, 2024

Image source: Upsplash/The Motley Fool In 2023, the national average annual cost of car insurance was $3,017, according to The Motley Fool Ascent's research into car insurance costs. Paying around $251 a month out of a bank account is a lot of money, so it's not surprising that many people want to look into cheap auto insurance.

Liabilities 246

Liabilities Banks Accounting Companies 246

The Motley Fool

MAY 7, 2024

The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy. But shopping at a low-cost grocer like Aldi can help you get the essentials without ignoring your budget.

Financing 246

Financing Finance Debt Accounting 246

The Motley Fool

MAY 15, 2024

The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. But for even more savings, consider replacing some of those well-known brands with a Kirkland alternative. online, bringing your cost to about $0.60

Stakes 221

Stakes Investing Financing Finance 221

The Motley Fool

APRIL 6, 2024

Minimum coverage auto insurance can be a lot cheaper than full coverage ($787 a year on average, compared to $3,296, according to research from The Motley Fool Ascent). Image source: Getty Images Minimum coverage auto insurance means buying the least amount of auto insurance required by law.

Liabilities 241

Liabilities Legal Assets Accounting 241

The Motley Fool

MAY 11, 2024

Image source: Getty Images If you're in the market for a new car, there are many factors to consider. You need a car that fits your family, drives comfortably, and won't cost you a fortune in auto insurance. And you also probably want a car that works for your budget. This holds true whether you'll be paying for a car outright or financing one.

Financing 245

Financing Finance Companies 245

The Motley Fool

MAY 18, 2024

Image source: Getty Images The way we cover CDs here at The Motley Fool Ascent, you could be forgiven for assuming that these special timed savings accounts are perfect for everyone. The Motley Fool's Ascent's list of the best high-yield savings accounts (HYSAs) features picks with APYs of 4.00%, 5.00%, and higher, just like CDs.

Banks 130

Banks Exchange-Traded Funds Accounting Taxes 130

The Motley Fool

MAY 8, 2024

Image source: Getty Images Who hasn't dreamed of meandering from cheese shop to bakery to patisserie as they make their way through the French countryside? Or perhaps you're more interested in the wineries or fashion. Whatever the case, you can have that French vacation of a lifetime without spending a lifetime's worth of earnings on it.

Banks 130

Banks Debt Capital Companies 130

The Motley Fool

MARCH 18, 2024

Image source: Upsplash/The Motley Fool Capital One recently shocked the financial industry by announcing it has agreed to acquire Discover, combining two of the largest credit card–issuing banks into one company. As an example, Capital One and Discover currently have two full leadership teams they're paying. After the merger, they'll only have one.

Capital 245

Capital Banks Financial Services Leveraging 245

The Motley Fool

APRIL 17, 2024

Image source: Upsplash/The Motley Fool I just recently got started with travel rewards credit cards , and I already opened a Chase Trifecta. I'm excited about traveling, and I want to do more to explore this fun new way of life. So even though I'm not a frequent flyer, I'm strongly considering applying for an airline credit card in 2024.

Taxes 245

Taxes Debt Companies 245

The Motley Fool

MAY 17, 2024

Over the years, JPMorgan Chase (NYSE: JPM) has solidified its position as one of the best-run banks in the U.S. Over the past decade-and-a-half, JPMorgan has thrived despite a challenging operating environment for banks that included multiple recessions and a decade of ultra-low interest rates, followed by the recent era of rapidly rising rates.

Banks 130

Banks Assets Capital Returns 130

The Motley Fool

APRIL 15, 2024

Image source: The Motley Fool/Upsplash Your brokerage account , for the most part, is not an account you want loaded with cash. If you want access to cash for emergency expenses and near-term financial goals, then a savings account is your best bet. To be clear, this doesn't mean you should chase the lowest price, period.

Accounting 235

Accounting Stock Market Stock Market Banks 235

The Motley Fool

MAY 18, 2024

The Motley Fool's Ascent's list of the best business credit cards features a few with no annual fee, and these still offer decent rewards rates (like 1.5% Image source: The Motley Fool/Upsplash Opening a credit card account for your small business can be a really good move.

Taxes 130

Taxes Banks Accounting Companies 130

The Motley Fool

MAY 18, 2024

Check out The Ascent's top high-yield savings accounts. You expect to get away from it all and enjoy yourself, only to find that you're constantly thinking about how much you're spending and how it's going to affect your finances back home. Recently, Empower conducted a survey where it identified travel-related sources of financial stress.

Debt 130

Debt Accounting Banks Financing 130

The Motley Fool

MAY 14, 2024

Image source: The Motley Fool/Upsplash Net worth is a common way to measure wealth. Add up the value of all your assets, subtract all your outstanding debt, and voila. For example, if you have $100,000 in retirement accounts , $25,000 in savings, and $10,000 in debt, then your net worth would be $115,000. The bottom 20% make up the lower class.

Debt 246

Debt Accounting Financing Finance 246

The Motley Fool

MAY 11, 2024

There are two reasons that just about everyone should be unhappy about CD rates being so high. CD rates are only high because inflation has surged The first and most important reason why higher CD rates should be upsetting is also the reason for the high yields. CD rates have skyrocketed because the U.S. CD rates have skyrocketed because the U.S.

Banks 246

Banks Accounting Returns Investors 246

The Motley Fool

MARCH 11, 2024

Image source: Getty Images When you live in the United States, you eventually hear about how renting a home is a terrible financial decision. You've probably already been subject to the typical cliches. You're throwing money away by renting. You're paying your landlord's mortgage. This has been true for my personal experience, too. on a Saturday.

Financial Services 237

Financial Services Stock Market Stock Market Investing 237

The Motley Fool

MAY 16, 2024

Image source: The Motley Fool/Upsplash After years of near-zero interest rates on bank savings accounts, Americans are getting more savvy with their cash. commercial bank "large CDs" (CDs of $100,000 or more) increased by $615 billion during 2023, reaching a total of $2.26 This is not good enough! And CDs aren't the only game in town.

Banks 246

Banks Accounting Investing 246

The Motley Fool

MAY 11, 2024

The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. Some deals are worth the cost, but others could be a waste of money. Here are a few Costco items that aren't worth the cost.

Accounting 241

Accounting Returns Financing Finance 241