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When you concentrate a large portion of your money into one asset, you donāt have much to fall back on if that investment plummets.
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For many young adults, living with their parents eases the anxiety that can come with high prices and job insecurity.
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Often, a retirement plan works until projected returns and inflation run contrary to what retirees had expected.
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Staggering forecasts for 2026 World Cup betting highlight the explosive growth of sports wagering in the U.S. since the last tournament.
Americans are projected to wager nearly $3 billion using online sports betting platforms, also reflecting the excitement in hosting the games on home soil.
Most of the action has come in behind the favorites: šŖšø Spain (which has received about 17% of bets), š«š· France (16%) and š“ó §ó ¢ó „ó ®ó §ó æ England (12%).
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@EilersKrejcik predicts a roughly three-fold increase in betting volume from the previous #WorldCup in Qatar. The firm's model forecasts that the 2026 World Cup betting totals will heavily depend on how many games the U.S. men's national team wins.
The base case forecast? $2.8B in online wagers. An early exit for the American national team could depress bets to around $2.3B, while a best-case scenario could lure in more interest and produce $4.3B.
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Want more news and finance tidbits like this? Subscribe to Daily Money, our free newsletter: money.com/subscribe/daily-moā¦
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Money retweeted
Jun 3
NBA Finals tickets have gotten insane.
I shared some thoughts with @Money for @pete_grieve piece on the income needed to comfortably afford some of the biggest sporting events in 2026.
My main takeaway:
The problem usually isnāt spending money on things you enjoy.
Itās spending without understanding the tradeoff.
money.com/expensive-sports-tā¦
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Not all income is treated equally when itās time to file taxes.
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The FTC recently published a consumer alert warning that hurricanes, like other natural disasters, can bring out scammers hoping to get your money and personal information while youāre stressed, rushed or recovering from the damages.
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Keeping it simple is the best way to keep your retirement-savings goal on track.
money.com/investing-myths-coā¦
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Seeing your home sit on the market for weeks on end can be incredibly frustrating, especially when you see other homes in the neighborhood go under contract.
money.com/home-not-selling-rā¦
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Inflation accelerated in May as energy prices drove much of the increase, pushing the consumer price index up 0.5% for the month and 4.2% from a year earlier. The jump marked the highest inflation rate since April 2023, though core inflation cooled to a milder 0.2% monthly gain, suggesting broader price pressures were less intense.
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Not all identity theft cases result in maxed out credit cards or other events that show up on your credit score.
money.com/identity-theft-sigā¦
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When it's time to rebalance, where you sell matters just as much as what you sell.
money.com/what-to-know-aboutā¦
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Just in: If Congress does not act to address the Social Security funding shortfall, retirement and disability payments would fall by 17%, according to the latest Social Security Trustees report.
bit.ly/442rSd6
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OpenAI has filed confidential IPO paperwork with the SEC, giving it the option to go public in the future. The company says timing is still undecided and āit may be a while,ā but the move comes just one week after rival Anthropic revealed similar plans. Analysts say the race reflects AI companiesā enormous need for cash as they spend heavily on chips, compute and model training.
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You donāt have to stop earning money once you step away from your nine to five.
money.com/retirement-hobbiesā¦
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A perfect credit score might sound like the ultimate financial goal. But a very small percentage of Americans actually have one.
money.com/perfect-credit-scoā¦
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The universal assumption that buying is better isnāt true everywhere ā particularly in the most expensive housing markets.
money.com/better-to-rent-thaā¦
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