Month: January 2023

TV writer shares how much he makes in residuals: ‘Talk about passive income’ – Yahoo Life

January 31, 2023January 31, 2023 Passive income No Comments

You may not know the name Michael Jamin, but chances are you know his characters.

The veteran TV writer has written some breakout hits over the years, including King of the Hill and Beavis and Butthead. But recently, Jamin also gained some notoriety on TikTok, where he regularly shares industry secrets, tips for aspiring writers and even the honest truth about how much TV writers get paid in residuals each month.

In fact, that last one is the topic of his latest video to go viral. The video now has 6.5 million views.

“If I’m holding green envelopes, it means it’s once again time to play How Much Does a TV Writ…….

Passive income

This one side hustle for introverts can bring in thousands of dollars in passive income per month – CNBC

January 31, 2023January 31, 2023 Passive income No Comments

There are many ways to make money on the side. You can sell your creative services like video editing or rapping. You can work at conferences. You can tutor. These are pretty social hustles, though, and if you’re more of an introvert, spending your off-time interacting with others can be draining.

Luckily, there are plenty of side gigs that don’t call for much human interaction. One of them is selling printable items people buy online and download then print on their own. Etsy is rife with printable sellers and is one possible site on which to sell them.

Jen Glantz, founder of Bridesmaid for Hire and the creator of the Mo…….

Passive income

Extreme Saving Method Speeds Up Early Retirement Option – AARP

January 31, 2023January 31, 2023 Financial independence No Comments

When Nicole Gosz and her husband started following FIRE, “we focused on living on as little as we could,” she says. She spent $12 in one year on makeup, for example — beauty e-tailer SkinStore reports the average woman spends $8 per day on makeup — “and I coupon and layer that on top of sales.” She says she and her husband eat 90 percent of their meals at home.

And that’s not even the hard part. Retiring early from a full-time job means having to buy health insurance, the cost of which goes up with age, and living without the safety net of Social Securi…….

Financial independence

Gen Z viewers are more inclined towards ‘Financial Independence Retire Early’ concept: Rachana Ranade – Times of India

January 31, 2023January 31, 2023 Financial independence No Comments

Pune-based Rachana Ranade always wanted to be a teacher. Having cleared her chartered accountancy exam in 2008, Ranade declined high-profile MNC jobs to work as a teacher. She has been a part of visiting faculty of several colleges. In 2022, she left teaching to pursue content creation on YouTube as a full-time career. She creates videos on all things finance — basics of the stock market, futures and options trading for beginners as well as analysis of initial public offerings (IPOs). In an email interaction, Ranade talks about the medium, Gen Z viewers and more. Tell us about your journey.I have been passionate about teaching since t…….

Financial independence

US home prices dropped for the fifth month in a row in November – CNN

January 31, 2023January 31, 2023 Housing market No Comments

Washington, DC
CNN
—

US home prices dropped for the fifth month in a row in November, as rising mortgage rates pushed prospective buyers out of the housing market late last year and prices continued to cool, according to the latest S&P CoreLogic Case-Shiller US National Home Price Index, released Tuesday.

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Housing market

Housing market slump gives homebuilders no choice but to offer aggressive mortgage rate buydowns – Fortune

January 31, 2023January 31, 2023 Housing market No Comments

The second half of 2022 saw the red-hot U.S. housing market thrust into an abrupt—and sharp—slowdown. That will happen when mortgage rates spike from 3% to 6% just after U.S. home prices skyrocketed over 40% during the Pandemic Housing Boom.

Unlike existing-home sellers who can just wait out the storm, U.S. homebuilders—who have a historic number of units in their backlog—have no choice but to sweeten the deal for new buyers in 2023. Their incentive of choice? Aggressive mortgage rate buydowns.

How do mortgage rate buydowns work? Essentially, builders pay lenders a lump sum of money in order to reduce mo…….

Housing market

Stocks moving in after hours: Snap, AMD, Match Group, EA – Yahoo Finance

January 31, 2023January 31, 2023 Stock market No Comments

Snap (SNAP)

Shares of the parent company of Snapchat tumbled in after-hours trading on the heels of its fourth quarter results and forecast. The social media company expects first quarter revenue will drop between 2% and 10%.

Snap reported fourth quarter revenue of $1.30 billion versus estimates of $1.31 billion. Adjusted earnings per share came in at 14 cents, beating consensus estimates of 11 cents, but reflecting a drop from last year’s EPS of 11 cents.

AMD (AMD)

The chipmaker’s stock was up in post market amid better-than-expected revenue and earnings for its latest quarter.

AMD reported adjusted e…….

Stock market

Stock market news live updates: Stocks wrap up strong January as Fed decision looms – Yahoo Finance

January 31, 2023January 31, 2023 Stock market No Comments

U.S. stocks rose Tuesday, closing out a strong January amid a continued flurry of corporate earnings and the start of the Federal Reserve’s latest policy meeting.

The S&P 500 (^GSPC) rose 1.5%, as it gained over 5% for the month. The Dow Jones Industrial Average (^DJI) moved up 1.1%. The technology-heavy Nasdaq Composite (^IXIC) added roughly 1.7%, ending the month with an 11% gain. It marked the Nasdaq’s best month since July and best January since 2001.

The yield on the benchmark 10-year U.S. Treasury note ticked down to 3.511% from 3.546% on Monday. The dollar index ticked down 0.21% to $102.06.

The major U.S…….

Stock market

Dogecoin superfans push meme coin to 2-month high as Elon Musk considers crypto payments for Twitter – Fortune

January 31, 2023January 31, 2023 Cryptocurrency No Comments

Dogecoin is on a rip, and, once again, it’s thanks to Elon Musk.

On Monday, the Financial Times reported that Twitter is finally preparing to offer payment tools, long a priority for Musk at Twitter. Although payments on the platform likely will focus on fiat currency, like U.S. dollars, Musk said he wants the system built so crypto functionality could be added later, according to the FT.

As of Tuesday morning, the news had propelled Dogecoin up 8.2% over the past 24 hours to as high as 0.094 cents, a level not reached since December, according to CoinMarketCap. The cryptocurrency outperformed leading cryptocurr…….

Cryptocurrency

Cryptocurrency lender Celsius was “insolvent since inception” – Quartz

January 31, 2023January 31, 2023 Cryptocurrency No Comments

Turns out the Celsius Network, a cryptocurrency lender that promised customers 17% annual yields on their deposits, was indeed too good to be true.

The company halted withdrawals and transfers in June 2022 amid a liquidity crisis, citing “extreme market conditions.” The price of bitcoin had halved in two month’s time. In June, Celsius filed for bankruptcy and its founder and CEO, Alex Mashinsky, resigned in September.

But according to a court-ordered investigation into the company, the falling price of Bitcoin was only part of the prob…….

Cryptocurrency