Monthly wealth stream

Catch-Up Contribution: How It Works, Limits, Eligibility monthlywealthstream

If you’ve hit 50 and feel behind on your savings, you could start making catch-up contributions to your retirement accounts. For eligible workers, federal rules raise the limit on how much a person can contribute to their tax-advantaged retirement accounts, giving people ages 50 and older the opportunity to “catch up” their savings before kissing […]

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Refinance Rates Edge Closer to the 7% Mark monthlywealthstream

Refinancing rates for 30-year loans dropped 4 basis points Monday, pushing the average down to 7.05%. That’s only slightly above the 7.04% reading from June 12, which marked a six-week low. It’s also a notable improvement vs. May’s 10-month high reading of 7.32%. Given that 30-year refi rates sank as low as 6.71% in March,

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When Wildfires or Hurricanes Strike, Your Life Insurance Policy Could Be a Surprising Source of Relief monthlywealthstream

An uptick in extreme weather has upended the homeowners insurance market. Many Americans now face higher rates, coverage shortfalls, or canceled policies. Your life insurance could be a surprising source of funds to help you recover from a natural disaster.    Key Takeaways Whole life insurance includes a cash-value component you can borrow from to cover

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5 Dividend Stocks Poised to Profit From the AI Efficiency Boom monthlywealthstream

When companies deploy artificial intelligence (AI) to streamline operations, the results can be staggering. Microsoft (MSFT 1.88%) is using AI-powered code-completion tools to help developers write code 55% faster. Johnson & Johnson (JNJ 1.05%) is leveraging AI to accelerate drug-discovery timelines. IBM (IBM 2.96%) reported over $1 billion in generative AI revenue in a single

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Novo Nordisk Stock Sinks as Latest Weight-Loss Drug Trial Disappoints monthlywealthstream

Key Takeaways U.S.-listed shares of Novo Nordisk fell close to 6% Monday after the Ozempic and Wegovy maker released results for its newest weight-loss treatment. In a pair of trials, patients lost an average of 22.7% and 15.7% of their body weight over a 68-week period. Separately Monday, Novo Nordisk also said it was ending

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Watch These Tesla Levels as Stock Soars Following Robotaxi Service Rollout monthlywealthstream

Key Takeaways Tesla shares jumped 8% on Monday after the EV maker launched its highly anticipated autonomous robotaxi vehicle service on Sunday in Austin, Texas. The stock broke out from the pennant on above-average volume in Monday’s trading session, setting the stage for a new leg higher. Investors should watch key overhead areas on Tesla’s

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Asked on Reddit: Should I Repair or Replace My Broken Appliance? monthlywealthstream

Recently, a Reddit user asked: How do you decide whether to repair or replace a broken appliance? The user’s decade-old induction range wasn’t working properly, but replacing it would be expensive. Still, they liked the range and it fit perfectly in their home, so they were hesitant to buy a new one. Reddit users suggested

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Watch These Key WTI Levels as Oil Prices Swing Wildly Amid Middle East Conflict monthlywealthstream

Key Takeaways Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over the weekend but fell sharply later in the day amid optimism that an escalation of the conflict in the Middle East could be avoided. The commodity’s price rallied to the top trendline of a multi-year descending

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Tesla Just Achieved a Big Milestone With Its Robotaxi Launch. But There’s Another Potential Speed Bump Fast Approaching. monthlywealthstream

Tesla (TSLA 8.19%) and its CEO Elon Musk recently achieved a big milestone — they launched the company’s first self-driving robotaxis for paying customers in Austin, Texas. It’s an initiative that Musk first discussed in 2016. While it looks more like a soft launch, it’s still a big step for Tesla, which plans to launch

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