Finance news

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(25yo) Reached $100k invested

Happy about reaching this milestone on Friday! Coming up on 2 YOE at my job. Total comp: ~$110k I put 18% into my 401k with ~6% company match and max HSA and Roth IRA. Whatever’s leftover each month I put into my taxable account when I can My goal now is to increase % to 401k to max it out, then build my taxable brokerage so I can eventually get a house in 5-7 years. Also stack more cash for an emergency fund All accounts are 80% VTI, 20% VXUS Retirement: 401k: $51k Roth IRA: $27k HSA: $13k Taxa

When does it actually end?

Honestly, is it just me or have we become completely jaded when it comes to prices? Everything is becoming more expensive. Food, electricity, rent, insurance, gas, you are asked to pay at every corner. And now I’m just supposed to shell out €150 for a damn DFB jersey? And the best thing: If you want to have a player name and a number on it, you're directly at €172. For a jersey. A fan item. No high-tech device, no winter jacket, no tailored suit. I understand yes, d

Social◇ unclassifiedgermany

Why is there usually no interest on checking accounts?

The money is available at any time and you can use your entire balance without notice, regardless of whether it is in a current account or a current account. So what is the reason why you usually don't receive any interest on a checking account? What is different here from the banks’ perspective? Because daily money accounts are perhaps less subject to fluctuations? Are banks perhaps also taking advantage of the laziness of their customers who park (almost) everything in their current account? submitted by /u/Conscious_Year_670

Social◇ unclassifiedsocial-signal

How much to invest when Young?

Hi all, background on me: I’m currently 22 years old, live at home, own 2 business that provide me income. A barbershop and a marketing agency. I have £23K personal liquid. The agency is in major growth mode with hiring staff etc so I don’t take huge money personally but my outgoings are also so low. I take £2,300 net per month. I invest £600 total per month. 375 into SMP500. 125 into emerging markets. 50 ETH and BTC. The rest of my outgoings is £400 per month which leaves me with circa £1300 di

Britain’s Nuclear Renaissance Faces Mounting Cost Pressures

The United Kingdom is focused on diversifying its energy mix away from fossil fuels to boost energy security and support decarbonisation aims. This includes expanding its nuclear power capacity with the development of two large-scale nuclear plants - Sizewell C and Hinkley Point C, as well as developing small modular reactors (SMR). However, its nuclear ambitions have not quite gone to plan, following years of delays and rising construction costs. Sizewell C in Suffolk, eastern England, received

Social◇ unclassifiedusa · russia · australia

Pashinyan on course for landslide victory and pro-West mandate in Armenia election, new poll shows

SS: In another blow to russian global influence it appears that despite recent threats from Moscow, Armenia appears set to continue its westwards shift. This follows a general sense of frustration in Russia's refusal to support its CSTO partner nation when it came to blows with neighbouring Azerbaijian. The latest survey ahead of Armenia’s decisive elections on 7 June has projected that Prime Minister Nikol Pashinyan’s Civil Contract party could win nearly 65% of decided voters. submitted by /u/

◇ unclassifiedchina · asia · usa

Italy bans Kanye West concert over security concerns

A concert by the US rapper Kanye West, who was supposed to perform on July 18 in Reggio Emilia in northern Italy, has been banned on public safety grounds, the authorities said. The prefect of the province, Salvatore Angieri, said the decision was made following requests from bodies including the local Jewish community. They had “expressed reservations” about the appearance of the rapper as part of the Pulse of Gaia Festival, the statement released on Friday evening said. Another concert by the.

44d05/31⚠ shipping-routes · 3/5

Spent Nuclear Fuel Could Be America's Answer to Russia's Uranium Grip

Nuclear fuel is becoming a geopolitical battleground as the world increasingly turns to nuclear energy to contend with skyrocketing energy demand projections. The combination of an oil-based energy crisis emanating out of the Strait of Hormuz, the enormous and ballooning energy needs of artificial intelligence, and the urgent imperative of decarbonization is garnering a renewed interest in nuclear energy as a carbon-free, efficient, and round-the-clock power source. Moreover, nuclear energy can

◇ unclassifiedgermany · europe

Live blog from TECH: Audi boss Döllner: The “world car from Germany” has had its day

Legora boss: AI is on the rise despite resistance +++ Celonis CEO: “Germany is currently our fastest growing market” +++ The live blog.

Social◇ unclassifiedgermany · usa · europe

Father sends me €5000 I have no idea about finances. What is the best way to do this?

EDIT: Thanks for the tips! Seems like daily money accounts are the best choice. But MSCI ETF's were also mentioned a few times, which is why I'll read the thread again and find out more. EDIT 2: A few people have written that I haven't written enough about my situation. I'm studying to be a teacher in Munich and am currently halfway through my studies, but I'm probably planning to extend it for an additional bachelor's degree. Primarily I just want the money

The Race to Build the World’s Largest Solar Farms Is Accelerating

Over the last two decades, solar panels have fallen in price while efficiency has increased. Greater uptake and high levels of investment in research and development have led to vast improvements in solar power technology. As panel prices fall and governments worldwide look to diversify their energy mix and cut emissions, several developers are now launching mega-projects to meet the growing demand. Most major solar projects developed in recent years provide hundreds of megawatts of clean power.

"The mileage cheat" - cashback/bonus miles/credit card if you reliably process 3k per month via KK?

In https://www.reddit.com/r/Finanzen/comments/1tss7hd/businessclass_f%C3%BCr_lau_der_meilencheat_bl%C3%B6dsinn/ most answers are "only if you have a lot of expenses". What exactly does it look like when you have a lot of expenses? I don't know how I always manage it, but my Hanseatic debits are rarely less than €3,000, and I constantly add more when I'm on vacation. I think I would manage 30-50k a year, just refueling is a few hundred euros per month. I

44d05/31⚠ war-conflict · 2/5

I climbed the vertical height of Mount Everest in 36 hours—it turned me into 'a new version of myself'

"I'm proud to say I earned the coveted Red Hat, awarded to participants who finish the event. But that was never the real prize," says Kristy Ellmer, a managing director and senior partner at BCG.

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Social◇ unclassifiedgermany · usa · europe

Single-family house from the 1970s with a currently cheap leasehold - sell or rent out?

Hello everyone, relatives of mine have a currently rented single-family home in a major Bavarian city, which is located on a property with leasehold. Here are the key data: Property with approx. 400 m² Land value approx. 750€/m² Term of leasehold construction: end of 2060s Current annual ground rent: approx. 250€ per year (last increased approx. 1 month ago, previously unchanged approx. 20 years; may be increased within the framework of the consumer price index) The house from the beginning of the 1970s and became part in 2023 and 2025 renovi

◇ unclassifiedchina · asia · usa

Student recalls eye-opening trip with American peers that drew praise from Xi

A university student in Hong Kong who recently received a letter from Chinese President Xi Jinping has said that an ocean voyage, a food delivery app and having a curious mind helped break stereotypes and bridge gaps between Chinese and American young people. Liu Runjie, a fourth-year electronic engineering student at the Chinese University of Hong Kong (CUHK), was among 20 young people who joined a China-US youth friendship programme and shared their experiences with Xi, prompting a reply from.

Social◇ unclassifiedgermany · usa · europe

Additional public service funds put to the test: Financing is up to 82% more expensive than the points performance model suggests

TL;DR: ÖD supplementary health insurance funds are mainly financed on a pay-as-you-go basis and are up to 82% too expensive. Legacy burdens and underfunded guaranteed “points-based” pensions cost one job for every 50 to 80 jobs in the present. At VBL, you have been paying more for the same service since the introduction of the additional employee contribution in 2016. Hello carbonara fans and Vietnam vacationers. As a Dutchman, I really feel at home in this forum of finance-savvy Germans, and now I want to too

Can Hongkong Post be saved or should it become a taxpayer-funded public service?

Hongkong Post’s worsening financial situation may require not only an injection of funds but also a return to being a government-funded department providing basic public services, observers have said. The analysts’ views follow the authorities’ plan to inject HK$4.6 billion (US$587 million) as a lifeline to support Hongkong Post’s operations over the next three years, amid similar losses faced by postal operators worldwide. Hongkong Post has operated on a self-funding basis since 1995, following

Chinese scientists leave posts after whistle-blower raises alarm over their research

Three more senior Chinese scientists have been disciplined by their universities after a high-profile blogger raised red flags about their research. Nankai University in Tianjin announced on Saturday that Chen Quan had been removed as dean of its College of Life Sciences. The university said that Chen, as a corresponding author, failed to properly oversee the quality and authenticity of experimental data in a paper published in Nature Cancer in 2024. Meanwhile, Sun Yat-sen University in...

◇ unclassifiedmiddle-east · usa · australia

Mitsui Eyes LNG Expansion as Data Centers Drive Power Demand

Mitsui is looking to invest in liquefied natural gas projects across the Middle East, the U.S. and Australia, its CEO said.

45d05/31⚠ war-conflict · 1/5

Beginner help with selling emissions rights (e-car)

Hello dear finance community, after previously only traveling electrically in my company car, I registered an electric car privately for the first time last month. Apparently I had a real gap in my knowledge, because I learned for the first time about the possibility of selling one's own emission rights as a private individual through an information letter from the car insurance company. As we all know, nothing comes as a gift, so I was a little skeptical at first and had beginner questions: About what

◇ unclassifiedgermany · europe

Education: Minister Bär is preparing for the end of the Bafög reform

A few weeks ago the reform was considered to be well advanced, but now it is likely to be abandoned due to austerity constraints. The CSU minister understands this and recommends part-time jobs to students.

45d05/31⚠ war-conflict · 1/5

A classification on MSCI dilution fears over SPCX. What's it?

There are already confirmed fast-track inclusion reports in the MSCI World, and special rules have been changed for this purpose, e.g. here: https://www.cash.ch/news/top-news/msci-chef-spacex-winkt-nach-borsengang-schnelle-aufnahme-in-indizes-941343 But does this dilute the ETF, as feared? Let's imagine: the iShares Core MSCI World has a capitalization of all included companies of around $90 (European) trillion [see edit]. Musk has “only” promised 5% for the public market

◇ unclassifiedchina · asia · usa

Malaysia blasts ‘conspicuously muted’ response over axed Norway missile deal

Malaysia’s Defence Minister Mohamed Khaled Nordin slammed the international community’s “muted” response on Sunday at a security forum over Norway’s decision to scrap a missile deal with Kuala Lumpur. In a charged speech at the Shangri-La Dialogue in Singapore, Khaled said the “deafening silence” on Oslo’s cancellation of the agreement sent a message that certain countries were “simply above scrutiny”, questioning if global rules were subject to the will of bigger powers. Earlier this month, the

Social◇ unclassifiedgermany · usa

Savings plan for junior best practice

Hello everyone, I have recently become a father and would like to save for my son in the long term. I already have a portfolio with Finanz Zero and have been saving for an MSCI World ETF from iShares for some time. Now I discovered the JuniorDepot at comdirect. My plan: pay €100 a month into an ETF savings plan for 18 years. I would like to use the capital I have saved to finance his driver's license and his first car when he turns 16, and later possibly training, studying or his first apartment

How China will play a major role in Benin’s economic growth as a new era is ushered in

In Cotonou, Benin’s largest city and economic capital located on the southern Atlantic coast, construction crews are busy building major projects, stretching from large-scale port upgrades to the asphalt-paving of the commercial hub’s main roads. At the Autonomous Port of Cotonou, China Harbour Engineering Company is advancing Terminal 5, a project that involves reclaiming land from the sea and building two 100,000-tonne general purpose berths. Beyond municipal upgrades, Chinese firms are...

BOXABL preferred investors: are people understanding what this SPAC structure actually means?

NOTE: I'm reposting to this community since the Founder of BOXABL removed my post in that sub. I’m a crowdfunding preferred shareholder [of BOXABL, BOXB / FGMC] trying to sanity-check the economics here. Let’s use a simplified example: Assume you own 10,000 BOXABL preferred shares Assume internal economic value = $0.80/share Total economic value = $8,000 Merger reference price = $10/share So your public-equivalent math becomes: 10,000 × $0.80 = $8,000 Then: $8,000 ÷ $10 = 800 BXBL shares Not 10,

Social◇ unclassifiedusa

East Asia’s population challenge isn’t just about raising birth rates

Across East Asia, societies are becoming richer, healthier and more educated, yet fewer people feel able or willing to have families and raise children. Low fertility plagues high-income societies, particularly in East Asia, where the total fertility rate (TFR) has fallen below one birth per woman, well under the replacement level of 2.1 births. While many countries have dedicated considerable resources and effort to reversing this trend, the results have been somewhat disappointing. The pairing

More Hong Kong tourists drawn to ‘mysterious’ Central Asia, travel agencies say

The mystique of Central Asia and its deepening business ties with mainland China have prompted more Hongkongers to choose the region for holidays, according to travel agency heads. They were also optimistic that Chief Executive John Lee Ka-chiu’s high-level visit to Kazakhstan and Uzbekistan this week would further promote Central Asia, encouraging residents to step off the beaten path and explore the region’s lesser-known tourism spots. Alex Lee Chun-ting, general manager of Miramar Travel,...

45d05/30⚠ war-conflict · 3/5

China’s Oil Buying Pause Won’t Last Forever

China has been cited as an example of a country that has managed to insulate itself relatively well against oil crises. With over a billion barrels in estimated inventories before the war in the Middle East started, China was the poster child of forward planning in energy security. But this could change, and if it does, it would make an already severe crisis even worse. Kpler sounded the alarm about that prospect earlier this month, reporting that Chinese refiners have reduced their purchases of