Existing home sales in the US fall for the seventh straight month in August and the Fed is about to cause ‘some pain’ with a 75 basis point rate hike – here’s how to prepare your wallet and your portfolio

Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: the Fed is about to get ‘some hurt’ with a 75 basis point rate hike. Here’s how to prepare your wallet and your wallet. This marks the Federal Reserve’s third rate hike of 75 basis points this year. read more US existing home sales fall for … Read more

How to manage your finances when inflation is high, interest rates continue to rise and research shows women’s financial well-being dips to its lowest level in five years

Hi, MarketWatchers. Don’t miss these top stories. ‘No wonder consumer confidence has fallen’: Women’s financial well-being plunges to lowest level in five years, study finds Only 14% of women say they are prepared for a recession, compared to 30% of men, according to a survey by Ellevest, an investment platform for women. read more Weekend … Read more

Mortgage rates hit 6.29%, says Freddie Mac and rents fell in August for the first time since November 2021

Hi, MarketWatchers. Don’t miss these top stories. Rents fell in August for the first time since November 2021, but tenants are still struggling. This is why. Rents fell from July to August and annual growth appears to be slowing down. read more How much should I tip my housekeeper? My husband says we should tip … Read more

Mortgage rates hit 6.29%, says Freddie Mac and rents fell in August for the first time since November 2021

Hi, MarketWatchers. Don’t miss these top stories. Rents fell in August for the first time since November 2021, but tenants are still struggling. This is why. Rents fell from July to August and annual growth appears to be slowing down. read more How much should I tip my housekeeper? My husband says we should tip … Read more

Begbies Traynor sees FY 2023 profit in line with market views

By Michael Susin Begbies Traynor Group PLC said Thursday it expects to achieve pre-tax profits for fiscal 2023 in line with market expectations, driven by increasing demand for insolvency and restructuring cases. The business recovery, financial advice and real estate services consultancy said it remains confident in achieving pre-tax profits of £19.7 million and £20.6 … Read more

‘She never explained anything’: I’m an elderly person and I lost $100,000 in the stock market this year. Can I sue my financial advisor?

I am an elderly person and have suffered huge losses of $100,000 in the recent stock market turmoil. Can I sue my financial advisor? I understand the dynamics of the market to its ups and downs, and have ridden them before. However, in this time frame, things have been different with the market as far … Read more

You’re supposed to follow these 3 popular money rules, but then there’s the reality of life

Deposit 20% when buying a house. Do not spend more than 30% of your income on housing costs. Keep childcare expenses under 10% of your annual family income. These money rules of thumb can be helpful guardrails, helping you allocate expenses and determine what’s affordable. They can also beat incredibly if they feel unreachable. If … Read more

Weekend reads: This could spark the next financial crisis and these are the most – and least – vulnerable housing markets as the US heads into recession

Hi, MarketWatchers. Don’t miss these top stories. Weekend reads: This could trigger the next financial crisis Also a preview of the Federal Reserve’s next steps to fight inflation and a painful warning from FedEx. read more These are the most – and least – vulnerable housing markets as the US heads into recession Housing markets … Read more

3 ways to invest like Warren Buffett on a budget | Personal Finance

(Catherine Brock) If you are looking for successful investors to imitate, Warren Buffett should be at the top of your list. The 92-year-old has been running the successful conglomerate for decades Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B)he has been investing since he was 11, and he is currently worth about $99 billion. The thing is, … Read more

Mortgage rates hit 6% for the first time since 2008 as applications fell to their lowest level since 1999 and what did retail investors do during Tuesday’s stock market sell-off? Here’s an Idea: They’re ‘Generally a Contrary Gang’

Hi, MarketWatchers. Don’t miss these top stories. What did retail investors do during Tuesday’s stock market sell-off? Here’s an Idea: They’re ‘Generally a Contrary Gang’ Overall, there is a “weakening trend” for retail investor demand, analysts say. read more Mortgage rates hit 6% for the first time since 2008, as applications fall to lowest level … Read more