Here’s how much money to save if you want to retire ‘rich,’ according to wealth manager David Bach
Getting rich starts with paying yourself first, says self-made millionaire and wealth manager David Bach. In short, that means, “when you earn a dollar, the first person you pay is you,” he writes in his bestselling book “The Automatic Millionaire.” More specifically, if you want to retire rich, he says, “save 15 percent to 20 […]
Retirement Saving Should Take Priority Over Paying For Kids’ College
Just take the middle-aged couple facing a financial double-whammy, with few dollars saved to put their children through college and little if any money banked for retirement. For financial planners, it is an increasingly common scenario, with college maybe the only thing Americans do as bad a job of saving for as retirement. More than […]
Climate change could flush your savings
Businesses say risks to their bottom line from climate climate add up to tens of billions of dollars. That may seem like a lot, but their actual risks to business are at least 100 times higher, according to a study just published in Nature Climate Change. Trillions, instead of billions. The mismatch between those numbers […]
How to buy gift cards for friends and family that won’t go to waste
Giving a gift card is often seen as a cop out — but maybe that’s because so many gift cards go to waste. Gift cards are the second most popular holiday gift, with around 56% of purchasing one this time of year, according to data from the National Retail Federation, a trade organization for retailers. […]
BlackBerry unveils secure smart-city traffic technology service
BlackBerry Inc. is making a play to integrate itself into smart cities and vehicles. The Waterloo, Ont.-based technology company announced Monday that it has built a new service to provide infrastructure for vehicles and traffic lights to exchange information securely. BlackBerry will waive the service fees for the product for automakers and public offices involved […]
Facial recognition technology speeding up fast food service
South Florida-based BurgerFi is betting you like to be recognized. “Who doesn’t love the convenience of walking into their favorite restaurant, where they’re recognized immediately and asked if they want the usual?” said Mariah Kulkin, a company marketing representative. Turns out there’s an app for that. Pioneered for law enforcement and border security uses, facial […]
Novel laser technology for microchip-size chemical sensors
Most lasers have only one color. All the photons it emits have exactly the same wavelength. However, there are also lasers whose light is more complicated. If it consists of many different frequencies, with equal intervals in between, just like the teeth of a comb, it is referred to as a “frequency comb.” Frequency combs […]
Nasa’s Voyager 2 probe ‘leaves the Solar System’
The Voyager 2 probe, which left Earth in 1977, has become the second human-made object to leave our Solar System. It was launched 16 days before its twin craft, Voyager 1, but that probe’s faster trajectory meant that it was in “the space between the stars” six years before Voyager 2. The news was revealed […]
Equifax breach was ‘entirely preventable,’ congressional report says
Attackers accessed the company’s systems 265 times. The Equifax data breach that exposed the information of more than 148 million customers could have easily been prevented, a report released on Monday by the U.S. House Committee on Oversight and Government Reform found. “Equifax failed to fully appreciate and mitigate its cybersecurity risks,” the staff majority […]
Here’s the most recent update on money flows in Nvidia, Apple and Amazon
If you want an edge in investing, you need to look at money flows from the smart money and the momo crowd Investors who want an edge in the stock market know from experience that segmented money flows are one of the tools that work. During the rip-roaring bull market, many investors did not care […]