Tag

Financial Decision

All articles tagged with #financial decision

business3 months ago

Is the Amex Platinum's $895 Fee Justified for Luxury Travel?

The author is reconsidering keeping the Amex Platinum card after its annual fee increased from $695 to $895, questioning whether the benefits justify the higher cost, especially given the need to adapt spending habits to maximize rewards. Despite added perks, the value of the card depends on individual usage and lifestyle, with some finding it worth the cost and others feeling the expense is excessive.

entertainment6 months ago

CBS Cancels 'Late Show' Amid Financial Reasons and Political Reactions

CBS announced the cancellation of 'The Late Show with Stephen Colbert' after a 10-year run, citing a purely financial decision unrelated to the show's performance or content, with the final episodes airing through May 2026. Colbert expressed disappointment, and the decision comes amid broader challenges in late-night TV and CBS's ongoing corporate mergers and legal issues.

finance1 year ago

"Gold Surges to New All-Time High Amid Bullish Market Forecast"

FX Empire provides a gold price forecast, indicating a major breakout and the confirmation of a new bull market. However, the website includes disclaimers emphasizing that the content is for educational and research purposes only, and does not constitute investment advice. It warns about the high risk of losing money when dealing with cryptocurrencies and CFDs, and encourages individuals to conduct their own research before making any investment decisions.

business2 years ago

Richard Branson Pulls the Plug on Virgin Galactic's Funding

Richard Branson, founder of Virgin Galactic, announced that he will no longer invest money into the space tourism company due to financial constraints caused by the Covid-19 pandemic. This decision caused Virgin Galactic stock to drop by 15 percent. Branson stated that the company should have sufficient funds to operate independently, and Virgin Galactic recently announced that it is funded through 2026. However, analysts predict that the company may need additional funding in 2025. Virgin Galactic has suspended commercial flights for 18 months to save money for larger aircraft and has laid off 18 percent of its workforce. The company plans to focus on higher revenue opportunities and may increase ticket prices to up to $1 million per seat.

personal-finance2 years ago

Navigating Retirement: Expert Advice for Maximizing Social Security and Investment Growth

A person who is turning 67 and still working full time wonders whether to start collecting Social Security now or wait until retirement at 70. While some suggest taking benefits early and investing the funds, experts advise waiting until 70 to receive higher monthly payments and avoid paying Social Security tax on earnings. Factors to consider include longevity, income, marital status, and cost-of-living adjustments. Research recommends that most workers wait until after 65 to draw Social Security, with over 90% advised to hold out until age 70. Delaying benefits until 70 allows for a higher retirement benefit and potential tax advantages. Ultimately, the decision depends on individual circumstances and financial goals.

technology2 years ago

"iPhone 15: Worth the Upgrade for Gaming and Must-Have Features"

Apple has unveiled its latest iPhone lineup, including the iPhone 15, which boasts new features such as improved battery life, a faster chip, and a "Dynamic Island" control hub. However, with the high cost of the new models and many households facing financial challenges, experts suggest that typical iPhone users may not need to rush out and upgrade. Instead, they can consider extending the life of their current phone by replacing the battery or wait for future models that may offer more significant improvements. Ultimately, the decision to upgrade should be based on individual needs and financial circumstances.