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Personal Finance

Why American teenagers are not interested in adult activities like sex, drinking — or working

Kids today are in no hurry to grow up. Teenagers are increasingly less likely to engage in adult activities like drinking alcohol, working jobs, driving or having sex according to research from San Diego State University and Bryn Mawr College published in the peer-reviewed journal Child Development Tuesday. With smaller families, longer life expectancy and after-school educational activities, today’s 18-year-olds ...

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What investors should do now before the bull market gets gored

Amid devastating hurricanes, North Korean missile launches and political upheaval in Washington, equities in the U.S. simply keep jitterbugging their way toward fresh peaks. For 8½ years now, every dip has been followed by a push past the previous high. Yet at some point, even as investors continue reaping the benefits of a market climb that’s been fattening wallets and ...

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Grow: How you can have $1 million by the time you’re 40

It can feel like hitting the $ 1 million mark requires having a Wall Street job, a trust fund—or decades to save. But these millionaires may change your mind. All four hit the major money milestone before turning the big 4-0—thanks to a mix of smart investing, sound money management and a little entrepreneurial savvy. Here’s how they did it. The frugal investor ...

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NerdWallet: How to protect your intellectual property

This article is reprinted by permission from NerdWallet. If you’re a small-business owner looking to profit from your invention or artistic work, you should learn to protect your intellectual property ASAP. What is intellectual property? Intellectual property … MarketWatch.com – All MarketWatch News – Personal Finance

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The rich got richer last year, even as 'average' income rises

For most Americans, things are looking up. For the wealthiest, it’s a far prettier picture. Overall, the median household notched solid economic gains last year, building on improvement from 2015. Incomes for a typical U.S. household, adjusted for inflation, rose 3.2 percent in 2016 to $ 59,039, according to the latest Census data. Even though wages and salaries are … ...

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Your five-point investing guide for this aging bull market

The current bull market, pushing nine years, is getting up there in age; the longest one ever lasted 10 years, in the 1990s. This doesn’t mean you should move to the sidelines. Most bull markets die because excesses build up that then unravel and take out the economy (think tech or credit bubble). Or inflation overheats and the Fed raises ...

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Tax Guy: What the IRS does on its website that’s unfair to taxpayers

Taxpayers can’t rely on Frequently Asked Questions (FAQs) and answers and other “unofficial” guidance that the IRS posts on its website at www.irs.gov, national taxpayer advocate Nina Olson recently explained in a blog post. While tax professionals already know about this issue, you may find it unsettling. Here’s what you need to understand. Tax guidance categories IRS guidance comes in ...

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The Federal Reserve is peddling ‘Tinker Bell economics’

Was last week’s 0.4% increase in the consumer price index (CPI) for August enough to convince a wary Federal Reserve that inflation is finally on track to hit 2%? I doubt it. The big contributors to the increase in the CPI last month were gasoline (+6.3%), a knee-jerk reaction to expected damage to Gulf Coast refineries from Hurricane Harvey; and ...

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