By knowing your credit score and using credit cards that require a deposit, store credit cards, or select traditional credit cards, you should be able to build back a favorable credit record. If you have been turned down for credit or told you have bad credit, you still have options for getting a credit card. If you rarely pay your bills on time or max out your credit card, you may not be ready to handle having a credit card. A secured credit card is not a quick way to get access to new credit. If you are unable to pay your credit card bill at the end of the month you could easily fall into a credit card hole, damaging your credit even further.
Stocks closed mixed Thursday in a seesaw session driven by conflicting corporate earnings reports and a cloudy picture on the health of the U.S. economy. But a disappointing revenue forecast from Facebook parent Meta Platforms (META (opens in new tab), -24.6%) after Wednesday's close weighed on the Nasdaq Composite. Stocks had been grinding higher since mid-October on encouraging third-quarter earnings reports. Dividend payers in defensive sectors, such as the best consumer staples stocks (opens in new tab) or the best Dow dividend stocks (opens in new tab), will also stand patient investors in good stead. Have a look at the 65 best dividend stocks (opens in new tab) you can count on for reliable and rising dividends.3 months ago Kiplinger
Advisors Expect More Clients to Want Personalization in PortfoliosRegistered investment advisers (RIAs) recognize that investment personalization is only becoming more important. Sign upAccess to a more personalized portfolio has been historically designated to ultra high-net-worth investors (opens in new tab), due to high account minimums required and archaic technology. Environmental, social and governance (ESG) investing methods in particular have made headlines in recent years, often getting a bad rap as many companies have been accused of misleading their ESG accomplishments. ESG standards are intended to help investors screen potential investments through a socially conscious lens. Similarly, issues-based investing puts a finer point on the concept of ESG investing, allowing investors to overweight companies that align with specific issues and divest from those that don’t.28 days ago Kiplinger
This second Amazon Prime Day of the year turned out to be the opening shot of holiday shopping. their holiday shopping. didn’t quite pan out, but it’s still a good idea to carry with you a backup plan for your holiday shopping. What to Skip on Black FridayNot everything is a good buy on Black Friday and Cyber Monday, of course. “They probably won’t have Black Friday deals, but their prices are so low that it won’t matter.”Shopping Tips Specifically for Cyber MondayCyber Monday is the junior of the two big holiday shopping launch days.2 months ago Kiplinger
Sign upThe move was an abrupt reversal for Truss, who said on Wednesday she was a "fighter and not a quitter." "First her policies went up in flames, then her brief career as Prime Minister," noted Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown. "The great political gamble of Liz Truss has spectacularly backfired but not before wreaking significant damage to the U.K. economy. But markets on the American side of the Atlantic soon bounced back, with the major U.S. benchmarks rising sharply within the first hour of trading. Strength in mega-cap tech stocks such as Apple (AAPL (opens in new tab)) and Microsoft (MSFT (opens in new tab)) helped power markets higher, as did gains in Amazon.com (AMZN (opens in new tab)).3 months ago Kiplinger
IRA and 401(k) contribution limits are going up for 2023…and by a lot! The contribution limits are subject to adjusts for inflation every year, but they don't always rise (or go up by much) if inflation is in check. However, given the recent high inflation rates, the retirement account contribution limits jumped considerably for 2023. The additional IRA "catch-up" contribution for people 50 and over is not subject to an annual cost-of-living adjustment and stays at $1,000 for 2023 (for a total 2023 contribution limit of $7,500 if you're at least 50 years old). The contribution limit for a SIMPLE IRA, which is a retirement plan designed for small businesses with 100 or fewer employees, is also increased for 2023.3 months ago Kiplinger
Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice. The best consumer staples stocks (opens in new tab) are a good place to start. 5 Best Dow Dividend Stocks to Buy Now (opens in new tab)But few sectors are as dividend-rich and defensive as healthcare. We've found several healthcare stocks set to reach new heights (opens in new tab) as the pandemic continues to ebb.3 months ago Kiplinger