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At 72p, the Vodafone share price looks to be at least 33% undervalued to me

Our writer looks at a number of valuation measures to determine whether the Vodafone share price reflects the fair value of the group. The post At 72p, the Vodafone share price looks to be at least 33% undervalued to me appeared first on The Motley Fool UK.


Robert Kiyosaki's Passive Income Playbook: Top Five Ways To Make Money Effortlessly

Almost 20% of American households generate passive income from interests, dividends, or rents, with median earnings at $4,200 annually. Building passive income streams is an emerging trend as more people increasingly gain access to investment instruments that have long been limited to the wealthy. Rich Dad Poor Dad author Robert Kiyosaki believes e...


Annual salary Americans need to feel rich at every age – how do you compare?


Divorced Boomers Struggle with 40% Less in Retirement Savings – Why Women Lose More in Settlements

As the rate of "grey divorces" rises among baby boomers, the financial impact on their retirement is becoming more apparent. Late-in-life separations not only affect immediate finances but can also derail long-term retirement plans, leaving many unprepared to live comfortably in their later years. For women, these financial setbacks are often more ...


11 things you owned in the 00s which are now worth a small fortune


Why does Nationwide ask so many personal questions to open a savings account?

Why does Nationwide need to know my employer, work address, job title, annual income and where my money is coming from just to open a savings account?


There IS a Budget silver lining: The rates on savings will stay higher

The barrage of enormous tax rises and spending increases will undoubtedly hit household finances - but the good news is that it should keep savings rates higher for longer.


Should I take my pension tax-free lump sum before the Budget?

The tax-free pension lump sum is a key feature of retirement planning for millions of people who are budgeting for their future. If you are aged 55 or over, you are entitled to take up to 25pc of your private pension as a tax-free lump sum up to a maximum of £268,275. However, reports that the Chancellor is considering plans to slash the lump-sum l...


Republican Party has already raised $90m to help fund post-election legal fights

Republican Party has already raised $90m to help fund post-election legal fights - Former president spent millions in 2020 on legal challenges disputing election results


Average UK savings by age revealed – see how you compare


Voices: Young people who make it big have won life’s lottery

Young people who make it big have won life’s lottery - COMMENT: Labour’s Budget was billed as a bonanza for Gen Z, but it won’t be enough to get you on Heat magazine’s wealthiest 30-under-30 list, says Olivia Petter


Google: AI investment pays off as cloud drives revenue growth

Google’s parent company, Alphabet, reported increased revenue in the third quarter due to its strong performance in its Google Cloud division. In its third-quarter trading update, the company posted revenue of $88.3bn (£67.8bn), a 15 per cent increase from the second-quarter. However, growth at the firm’s core advertising business lagged the wider group. The total [...]


£8,000 in savings? Here’s how I’d aim for £2,300 a month in passive income

With simply a few thousand in savings and £200 a month to invest, Muhammad Cheema looks at a strategy to aim for £2,300 a month in passive income. The post £8,000 in savings? Here’s how I’d aim for £2,300 a month in passive income appeared first on The Motley Fool UK.


A Modern Guide to Money Etiquette: Gifts, Tips, Splitting Bills and More

What is modern money etiquette? The customs for splitting a restaurant check, purchasing a wedding gift, tipping and more have evolved. These guidelines can help.


UBS Capital Level Depends on 'Resolvability': Keller-Sutter

Swiss Finance Minister Karin Keller-Sutter said that the level of extra capital that UBS Group will have to maintain against its foreign units, "depends on the resolvability of UBS." Speaking at a Bloomberg event in Zurich on Thursday, Keller-Sutter declined to say how much more capital will be needed, as the amount hasn't been decided yet.


How Can Your Investments Act as Your Financial Safety Net?

A securities-backed line of credit (SBLOC) lets you borrow against your investments without forfeiting their growth potential.


Best savings accounts for 2024

Regardless of why you’re saving – for a house, holiday, or as a buffer to cover emergencies – you’ll want to make sure your money is working as hard as possible. Seeking out an account with a more competitive interest rate can make a huge difference. For example, Punjab National Bank is paying among the lowest returns, with its savings account offe...


Could the new UK budget spell growth for these 6 FTSE stocks? I think so!

Mark David Hartley considers six UK stocks that could enjoy growth off the back of new measures announced in the recent October budget. The post Could the new UK budget spell growth for these 6 FTSE stocks? I think so! appeared first on The Motley Fool UK.


What is cryptocurrency, how does it work – and what’s the point?

What is cryptocurrency, how does it work – and what’s the point? - The PA news agency explains the basics behind one of the buzziest – but worst understood – areas of the financial world.


Are you wealthy? How much in income, cash, property and pensions does it take to be rich

High income families are still building wealth and tend to be younger than the asset-rich older groups, says Sarah Coles, head of personal finance at Hargreaves Lansdown.


US Economy: Inflation Picks Up, Jobless Claims Tumble

The Federal Reserve's preferred measure of underlying US inflation rose the most since April, as the so-called core personal consumption expenditures price index increased 0.3% in September. Meanwhile applications for US unemployment benefits fell by 12,000 last week to the lowest since May at 216,000. Michael McKee breaks down the numbers on Bloomberg Television.


How to top up your state pension

As a guaranteed income that rises every year, the state pension is a staple part of most retirees’ budgets. Around 12.6 million people now receive it and many depend on the money to see them through their golden years. The Pensions and Lifetime Savings Association puts the cost of a “minimum” no-frills retirement at £14,400 for a single person and ...


How much money it takes to be happy – according to the rich

What’s the one thing money can’t buy? Happiness – or so we’ve been told. A famous 2010 study led by psychologist Daniel Kahneman and economist Angus Deaton concluded that happiness increases with income until it levels off at $75,000 (around £57,000) per year. After that, more money does not equal more happiness. Over the years, however, many have ...


Down 13.7% in 7 days, what’s going on with the Lloyds share price?

Our writer looks at recent movements in the Lloyds share price. And asks whether now could be a good time to bag himself a bargain. The post Down 13.7% in 7 days, what’s going on with the Lloyds share price? appeared first on The Motley Fool UK.


7 money mistakes that could give you a financial ‘fright’

7 money mistakes that could give you a financial ‘fright’ - From ‘zombie’ savings accounts to pensions horrors, here are some financial pitfalls that it really does pay to avoid.


Eight ways to get your finances ready for having a baby in the UK

1. Consider cutbacks Raising a child from birth to the age of 18 costs, on average, £166,000 for a couple, and £220,000 for a lone parent in 2023, according to Child Poverty Action Group’s annual cost of a child report. Affordability is regularly cited by people who would like to have children as a key reason for holding off doing so. Whether you’re expecting a baby or you’re hoping to start a family soon, the first place to begin sorting out...


StanChart CFO: Strength of Business Gives 'Confidence'

Standard Chartered Plc Chief Financial Officer Diego De Giorgi discusses the lender's better-than-expected third-quarter earnings as the bank vowed to return at least $8 billion to investors by 2026. "We have returned $2.7 billion of capital to our shareholders between dividends and share buybacks this year so far, and what gives us the confidence is the strength of our business across all areas," De Giorgi tells Bloomberg Television.


From capital gains to NICs: tax changes to look out for in autumn 2024 budget

Labour has two aims in the budget: to make tax rises and spending cuts that close a spending gap in day-to-day Whitehall budgets of about £40bn, and to increase the funds available for investment. According to government sources, the £40bn includes the £22bn shortfall left behind by the previous Conservative administration and an extra top-up for areas such as schools, hospitals and defence. Reeves has said there will be “no return to...


‘Welfare iceberg’ will wipe out entire tax take from NI raid, Reeves warned

All of the money raised by Rachel Reeves’s tax raid on workers and businesses will be wiped out by the spiralling cost of working-age health benefits, official forecasts show. Analysis by the Centre for Social Justice (CSJ) shows spending on health and disability welfare payments is set to increase by more than £19bn by the end of this parliament. ...


Apple Surprises: Record Revenue in 2024

Apple has just shown their accounts for the 3rd quarter of 2024.


Reeves: UK to Lift Capital Gains Tax on Carried Interest

Chancellor of the Exchequer Rachel Reeves says the UK will increase the capital gains tax on carried interest to 32% from April 2025. Reeves was delivering her autumn budget in the House of Commons.


Important date to know in November that could unlock £150 energy help this winter

The energy support comes from the government's Warm Home Discount Scheme. Ran by the Department for Energy Security and Net Zero, it gives a one-off discount of £150 on your electricity bills between October and March


Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock - Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assorted businesses without finding any major acquisitions


The Minimum Savings You Need To Retire in All 50 States

Are you concerned you haven't saved enough for retirement? Here are the average annual expenses and minimum savings amounts needed to get by in all 50 states.


How to pay less tax in 2024

Tax bills are on the rise for just about everyone in Britain thanks to long-frozen tax thresholds – and many people are worried about needing to pay much more in future. It’s therefore more important than ever to ensure you’re not paying more tax than you need to. Here, Telegraph Money outlines the strategies that could save you tax in 2024. How to...


2 cheap penny stocks for growth AND dividends!

Royston Wild thinks these penny stocks are great all-rounder options for his portfolio. At current prices, are they too cheap to ignore? The post 2 cheap penny stocks for growth AND dividends! appeared first on The Motley Fool UK.


Nigeria's Biggest Bank Opens Branch in Hong Kong

Nigeria's biggest bank is opening a new branch in Hong Kong in its first step of Asian expansion. Speaking to Bloomberg's Jennifer Zabasajja, Access Bank UK founding chief executive officer, Jamie Simmonds said that the Nigerian lender will target breaking even in HK in three years, while it also aims to focus first on trade finance, and then commercial banking.


What a Kamala Harris win would mean for your taxes

Taxes aren’t usually the sexy topic on the ballot ticket, but in this year’s presidential election they’re set to be particularly significant. Everyone’s finances will be affected in some way, because most of Trump’s 2017 tax cuts are due to expire at the end of 2025, putting US tax policy firmly on the agenda. While Donald Trump has plans to exten...


With yields over 8.8%, which of the FTSE 100’s top 5 passive income stocks do I think is the best?

These five passive income stocks are all yielding more than 8.8%. Our writer considers which of them (if any) would make the best investment for his portfolio. The post With yields over 8.8%, which of the FTSE 100’s top 5 passive income stocks do I think is the best? appeared first on The Motley Fool UK.


UBS's Ermotti on Merger, Risks, Share Buybacks, Capital

UBS Sergio Ermotti discusses the integration of Credit Suisse, the US election and the outlook for inflation. He also comments on share buybacks, capital requirements and the prospects for UBS's Asia business. Ermotti spoke with Bloomberg's Francine Lacqua in Zurich after the lender posted third-quarter results that broadly beat expectations.


Focus on These Five Critical Areas in Retirement Planning

Worried about how you'll pay for your retirement? It can help to structure your finances around five key areas: taxes, income, medical, legacy and investments.


Budget 2024: Pensioners to gain up to £470 next year

Chancellor Reeves has announced: '12 million pensioners will gain up to £470 next year, up to £275 more than if uprated by inflation. 'The Pension Credit Standard Minimum Guarantee will also rise by 4.1%, from around £11,400 per year to around £11,850 for a single pensioner.'


What does budget mean for young people?

The chancellor's budget included plans for £40bn in tax rises.


7 things you might be wasting your money on and 4 you should pay more for

Some things are worth your hard-earned cash, and others aren't...


How much your spending on ‘nice-to-haves’ is really costing you

Millennials and Gen Z have long complained they’ve been locked out of the property market by soaring prices – and now by higher mortgage costs as the low-interest rate era comes to an end. There’s no denying younger people face added economic challenges. With the cost of living front of mind, many are back under their parents’ roof, while those liv...


Pension tax relief – how it works and how it can boost your retirement

Tax relief on pension contributions is an important element of retirement saving, as it boosts the amount of money in your pot and can be put to work in the stock market, potentially for decades. Basic-rate taxpayers get their pension tax relief automatically, but higher earners need to claim to get the full benefit of the perk – otherwise you risk...


Capital gains tax: What is it and how does it work?

Capital gains tax (CGT) is payable when an individual sells a valuable asset they own – most commonly, this will be a property that’s not their main residence, or shares. It’s important to understand how this tax works to make sure you’re clear when it’s due, when you need to inform HMRC of the profit income, and how much you’ll need to pay. Here, ...


Starmer attempts to calm markets after Budget spooks traders

Sir Keir Starmer has personally sought to calm the markets after Labour’s tax-and-spend Budget unnerved traders. Chancellor Rachel Reeves announced plans for debt-fuelled spending on Wednesday that spooked markets and prompted a sell-off across bonds, shares and sterling. The Prime Minister has now stepped in to defend his Chancellor’s plans, sayin...


Amazon shares soar after a stellar third-quarter performance

Amazon breezed past third quarter expectations, with revenue up 11 per cent to $158.9bn (£123.3bn)


Small SIPP at 55? I’d take these steps to boost my retirement savings

With a consistent savings plan, sound strategy, and some wonderful tax relief in a SIPP, it’s possible to massively grow a pension pot in just 10 years. The post Small SIPP at 55? I’d take these steps to boost my retirement savings appeared first on The Motley Fool UK.