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- LifestyleMarketWatch•3 hours ago
Most Americans are filled with regrets — financial regrets. Fully three in four, in fact, admit they harbor financial regrets, according to a survey of more than 1,000 adults by Bankrate.com. Their biggest regret: not saving for retirement early enough (nearly one in five Americans put this in the No. 1 spot). What’s more, among those 65 and up, 27% said this was the biggest regret, compared with 17% of those aged 30 to 49. Indeed, it is costly to wait. A person who starts saving $300 a month for retirement at age 25 (assuming a 5% return on investment) will have about $450,000 saved by age 65, despite only contributing $144,000 into his retirement account. Meanwhile, if that person waits until
- PoliticsMarketWatch•12 hours ago
The deal put together by Donald Trump and Michael Pence to save 800 manufacturing jobs in Indianapolis and the accompanying visit to that factory offers a ripe opportunity for cynicism. After all, this plant owned by Carrier Corp. is a marginally profitable, mid-20th-century assembly plant with a modestly educated workforce — just the sort of situation where automation, if not outright moves to factories abroad, have wiped out millions of American factory jobs in recent decades. Even if Trump announces a deal like this one every day of an eight-year presidency, the United States will still have fewer manufacturing jobs than now, and close to 9 million less than the peak manufacturing employment
Cramer is confident that even if an investor doesn't have a high-paying job, as long as they save a decent chunk of their paycheck and invest it wisely each year, they can grow their wealth and become at least financially independent. You can't do it! Stocks aren't just the best game in town, they are really the only game in town if your goal is to grow your wealth," Cramer said.