Personal finance

A strong dollar makes travel in Europe very attractive right now – with one important caveat

Many Americans, facing record high inflation and interest rates, cannot afford to travel right now. But for the lucky ones who can, this could be the perfect time to book a trip to Europe. The British pound fell to its lowest level against the US dollar on Monday, and the euro, which fell below parity …

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Should I invest in bonds when interest rates are rising?

Welcome to Select’s latest advice column, Getting your money right. Financial advisor Christine O’Keefe Merrick will answer your pressing money questions. (You can read her final installment here how to diversify an investment portfolio to reduce risk and losses.) Got a question you want to ask? Drop us a note at [email protected] duel | Moment …

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6 new rules for smarter travel in Europe | Business news

Tourism rebounded this summer in Europe – and Europe wasn’t ready. Pandemic-related staff shortages have led to massive queues and flight cancellations at many airports; meanwhile, hotel and taxi prices have soared. Then there were record high temperatures that caused roads, airport runways and rail lines to bend, leading to further disruption. Our family of …

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Three common travel disasters and what to do about them

This article reprinted with permission from NerdWallet. Air travel is a mess these days, given this summer’s onslaught of flight delays and cancellations. In fact, the on-time arrival rate hasn’t been this low since 2014, according to data from the Bureau of Transportation Statistics. In the first six months of 2022, more than 20% of …

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Get Kids Investing With Custodial Accounts | An investment

Elizabeth Ioola During my late teens, my mother gave me two worn, blue, passport-sized notebooks detailing my custodial investment accounts. I had no idea what to do with them, but it didn’t matter because the accounts were empty anyway. Maybe for the best because I’m pretty sure my assets wouldn’t have stood a chance. Now …

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Should your small business get a loan to cover the rising costs of inflation? This may help you decide.

Small business owners have spent years trying to deal with the effects of the COVID-19 pandemic, and now inflation has thrown a wrench in the recovery’s progress. Four in five businesses report that rising prices have had a significant impact on their operations, according to the U.S. Chamber of Commerce’s Small Business Index for the …

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How Dividends Work, Add to Stock Returns: Chief Investment Strategist

It’s been a volatile and difficult year for investors in the broad stock market, and investors in technology stock markets have had it even worse. However, if you’re investing in dividend stocks, you’re probably doing a little better. There’s good reason for that, says Sam Stovall, chief investment strategist at CFRA Research. “Dividend stocks reduce …

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This game-changing investment app will help you build long-term wealth and satisfy your voyeuristic urge to see where other people are putting their money

Women are better investors than men, a 2021 Fidelity study found. Yet some estimates suggest that only 26% of women have invested in the stock market, a staggering statistic alongside a persistent gender pay gap that has persisted stable in 2020 and expected to expand post-pandemic. Courtesy of the Ministry of Finance Why are women …

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How to get a fair shake on expensive car insurance

Inflation has caught up with auto insurance consumers, so the current coverage the average American has isn’t enough to cover rising costs in key areas like medical expenses and vehicle repairs. Financial analysts call the syndrome “car inflation,” which defines the combined (and rising) costs of owning an off-the-lot vehicle, including car insurance, car repair …

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