By Kim Clark From Kiplinger’s Personal Finance The price of gold has plunged and spiked so dramatically in the past year that investors likely feel woozy. Concerns about war in Europe helped push gold to just over $2,000 an ounce in March 2022. Then, rising interest rates eroded gold’s appeal, and prices fell to the…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 16)
June 16, 2023
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Benchmark U.S. crude oil for July delivery rose $1.16 to $71.78 a barrel Friday. Brent crude for August delivery rose 94 cents to $76.61 a barrel. Wholesale gasoline for July delivery rose 4 cents $2.68 a gallon. July heating oil rose 7 cents to $2.55 a gallon. July natural gas rose 10 cents to $2.63…
How Major US Stock Indexes Fared June 16
Wall Street closed out its best week since March on a quiet note. The S&P 500 fell 0.4 percent Friday after wobbling up and down through the day. The benchmark index still marked its fifth straight winning week, its longest such streak since November 2021. It’s also near its highest level since April 2022. The…
The 6 Biggest Mistakes in Creating Multiple Income Streams
June 16, 2023
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It’s likely that you have one primary source of income—just like most people. It’s fine to have a single source of income. It can, however, be dangerous as well. How would you cope if your primary source of income dried up, or your job was lost? That’s exactly what happened in the aftermath of the…
Landlords, Don’t Believe These 5 Myths About Online Rent Collection
By Dave Spooner When customers are online, so are businesses. It’s no less true in the rental industry—with customers increasingly embracing online bill pay, online rent collection is only a logical next step for landlords. But online rent collection is often met with hesitancy. Some believe that online payments are less secure or reliable. Others…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 15)
June 15, 2023
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Benchmark U.S. crude oil for July delivery rose $2.35 to $70.62 a barrel Thursday. Brent crude for August delivery rose $2.47 to $75.67 a barrel. Wholesale gasoline for July delivery rose 9 cents $2.64 a gallon. July heating oil rose 12 cents to $2.48 a gallon. July natural gas rose 19 cents to $2.53 per…
How Major US Stock Indexes Fared June 15
Wall Street staged a broad-based rally, with the S&P 500 notching the biggest gain yet in its recent winning streak. The benchmark index rose 1.2 percent Thursday. The Dow was up 428 points, and the Nasdaq gained 1.1 percent. Treasury yields fell after mixed reports on retail sales, manufacturing and unemployment claims raised hopes the…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 14)
June 14, 2023
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Benchmark U.S. crude oil for July delivery fell $1.15 to $68.27 a barrel Wednesday. Brent crude for August delivery fell $1.09 to $73.20 a barrel. Wholesale gasoline for July delivery fell 1 cent $2.55 a gallon. July heating oil fell 4 cents to $2.36 a gallon. July natural gas was unchanged at $2.34 per 1,000…
How Major US Stock Indexes Fared June 14
Stocks swung to a mixed close on Wall Street after the Federal Reserve hinted it may raise interest rates two more times this year. The S&P 500 ended less than 0.1 percent higher Wednesday after pinballing from a modest gain before the Fed’s announcement to a modest loss just after. The Dow fell 232 points,…
8 Reasons You Won’t Achieve Financial Independence Before 70
June 14, 2023
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The concept of financial independence isn’t a far-fetched dream! Cultivating financial discipline right from your twenties or even thirties can put you on track with the FIRE (Financial Independence Retire Early) movement. However, most individuals fail to achieve financial independence before their retirement. Now, think that you are 70, and when you look back, you…
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