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Using a Debit Card is a Mistake
24/7 Wall St.79d agoneutral
Using a Debit Card is a Mistake

There’s a reason some people refuse to get themselves a credit card. Credit cards tend to have a bad reputation. And a big reason is that so many Americans are saddled with credit card debt. But as this Reddit user points out, credit cards themselves aren’t the problem. Rather, it’s people using credit cards incorrectly ... Using a Debit Card is a Mistake

We are in our 50s with $8 million in net worth and are worried about telling our children just how much money we really have
24/7 Wall St.79d agoneutral
We are in our 50s with $8 million in net worth and are worried about telling our children just how much money we really have

Should you tell your kids they are on track to receive a large inheritance? A Reddit user posted this question recently. The original poster (OP) said that he and his wife have a net worth of around $8 million. They’re planning to retire soon, but don’t plan to spend very lavishly so they expect to ... We are in our 50s with $8 million in net worth and are worried about telling our children just how much money we really have

Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only
24/7 Wall St.80d agobullish
Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only

“Last year I invested in this stock, and I am currently down 30%, patiently waiting on a rebound.” That confession came from a caller on the May 26 episode of Mad Money, asking Jim Cramer whether DoorDash still belonged in his “own it, don’t trade it” bucket. Cramer’s answer was immediate: “I think DoorDash is ... Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only

Reddit (RDDT) Valuation Check After Share Price Pullback And Conflicting Fair Value Signals
Simply Wall St.82d agoneutral
Reddit (RDDT) Valuation Check After Share Price Pullback And Conflicting Fair Value Signals

Reddit (RDDT) has drawn investor attention after recent share price pressure, with the stock down about 6% over the past week and about 9% over the past month from its recent close. See our latest analysis for Reddit. Zooming out, Reddit’s share price return is down 41.43% year to date, even after a 35.41% gain in 1 year total shareholder return. This suggests that recent momentum has faded as investors reassess growth prospects and potential risks at the current US$141.67 price. If you are...

Is Ford a Meme Stock Now? Wall Street and Retail Can’t Agree
24/7 Wall St.82d agoneutral
Is Ford a Meme Stock Now? Wall Street and Retail Can’t Agree

Retail investors on Reddit are calling Ford (NYSE: F) a winner. Wall Street analysts are calling it a hold. That kind of disconnect usually defines a meme stock, so it’s worth asking whether the venerable automaker now belongs in that category, or if retail investors simply recognized the value first. Ford by the Numbers The ... Is Ford a Meme Stock Now? Wall Street and Retail Can’t Agree

Why Reddit (RDDT) Stock Is Nosediving
StockStory84d agoneutral
Why Reddit (RDDT) Stock Is Nosediving

Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 5.9% in the afternoon session after sentiment weakened following reports of a new competing app from Meta Platforms, significant insider selling, and a regulatory fine.

Why a 64 Year Old Retiree Is Draining Her $1.1 Million 401(k) Early to Maximize a $5,181 Social Security Check at 70
24/7 Wall St.84d agoneutral
Why a 64 Year Old Retiree Is Draining Her $1.1 Million 401(k) Early to Maximize a $5,181 Social Security Check at 70

On Reddit’s r/financialindependence and r/retirement boards, a recurring question goes something like this: I’m 64, I have seven figures in my 401(k), and I want to wait until 70 to claim Social Security. Am I crazy to spend down the 401(k) first? The math says no. For a single, healthy, high-earning retiree, draining the traditional ... Why a 64 Year Old Retiree Is Draining Her $1.1 Million 401(k) Early to Maximize a $5,181 Social Security Check at 70