Author: Money Mechanics

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over three years ago — and the many competitive generative AI services that have launched since. Its stock price has soared, making it a $4.6 trillion market cap company.  The world’s leading high-performance GPU maker has used its ballooning fortunes to significantly increase investments in startups, particularly in AI.  Nvidia has participated in nearly 67 venture capital deals in 2025, surpassing the 54 deals the company completed in all of 2024, according to PitchBook data. Note…

Key Takeaways Less than half of people saving for retirement are on track to maintain their current lifestyle in retirement, according to Vanguard.Older Gen Z workers (ages 24-28) are the best prepared, with 47% on a trajectory to keep up their lifestyles in retirement. Millennials (42%), Gen Xers (41%), and younger Baby Boomers (40%) are less prepared.Working just two years longer would significantly increase the number of workers who could maintain their current lifestyles in retirement, Vanguard found. Regardless of where you are in your career and how long you have until retirement, proper planning for a post-work life means…

KEY TAKEAWAYS The IRS is suspending the Direct File program, a free guided tax software for taxpayers in 25 states, for the upcoming filing season.Other free federal tax preparation programs will still be available during the 2026 tax filing season for many taxpayers. A free tax preparation program used by thousands of taxpayers will not be available in the upcoming filing season. The IRS Direct File program, which provided free tax software directly from the IRS website to taxpayers in 25 states, has been suspended. Treasury Secretary Scott Bessent, also the current interim IRS commissioner, told reporters that there are…

Key Takeaways Iceland leads the Global Peace Index 2025 for unmatched safety and stability.​Retirees face $3,885 monthly living costs for one person, including rent, far higher than the average in the U.S.​ Iceland tops the 2025 Global Peace Index (GPI) as the world’s most peaceful nation, thanks to its very low crime rates, minimal militarization, and lack of internal or external conflicts. For retirees craving a drama-free life, Iceland’s safety sounds like a strong draw to the island nation. But sky-high costs and brutal winters are likely to shatter that dream.​ What Makes a Country the ‘Most Peaceful’? The Institute…

Key Takeaways Charlie Munger, who died in 2023 at the age of 99, argued that enduring an occasional 50% drop is crucial for any investor seeking substantial long-term gains.Market leaders such as Berkshire Hathaway, Amazon, and Apple have all had major drawdowns but recovered by staying focused on their fundamentals.Avoiding risk can result in lower returns that fail to keep pace with inflation. Charlie Munger, the former Berkshire Hathaway vice chair who died in 2023, argued that investors must be prepared for a brutal reality: If you can’t stomach a 50% decline in your portfolio, you’ll never achieve exceptional results.…

Key Takeaways Warren Buffett calls self‑development “the best investment by far” because skills can’t be taxed or “inflated away.”The next‑best hedge is to own stock in companies whose products require little new capital but can raise prices at the rate of inflation or even higher.Firms built on royalty-like models or networks often convert revenue to cash without big reinvestments, giving them room to outpace rising costs. Inflation may ebb and flow, but legendary investor Warren Buffett’s two lessons for fighting it are timeless. Become so good at what you do that people will pay a premium for your skills.Own stock in…

KEY TAKEAWAYS About four in ten Social Security beneficiaries are still working, with the majority having a part-time job.Experts have said that Social Security benefits are not keeping pace with retirees’ rising expenses, leading many to cut their spending or return to work. While most Americans stop working once they claim Social Security benefits, many still need to work to keep up with their expenses, a new report found. In 2022, approximately 40% of Social Security recipients worked at some point after claiming benefits, according to an analysis from the Center for Retirement Research at Boston College. Some of these…

(Image credit: Getty Images)People love expensive things. They love showing them off to other people. They love buying them, wearing them, hanging them on walls and casually saying things like, “This old thing?” when someone notices, even though they are totally excited about it being noticed.What they love considerably less is thinking about what happens if those things disappear, break, burn, flood, fall off their wrist or get stolen from their hotel room while they are downstairs ordering coffee.This is where insurance for valuable items comes in. And yes, I know what you are thinking: “I already have homeowners insurance.…

Key Takeaways Ethereum (ETH) is more volatile than Bitcoin, rallying higher during recent bull runs and falling harder during selloffs, losing 7.9% so far this year, compared to a 0.8% decline for Bitcoin (BTC) as of mid-December. 3. ETH offers staking income and blockchain uses that BTC lacks, but these features come with added risks, including regulatory uncertainty and the potential for smart contract hacks. Bitcoin experienced one of its worst months since January 2021, shedding approximately 17.5% of its value in November based on closing prices, which helped drag the entire crypto market below $3 trillion in 2025. Ethereum…

(Image credit: Getty Images)For affluent retirees, Social Security is often treated as a minor piece of the retirement puzzle — something to claim whenever it feels convenient.But the timing of those benefits can have a far greater impact than most realize. For high-net-worth retirees, deciding when to claim isn’t just about maximizing income — it’s also about managing taxes, preserving portfolio longevity and aligning lifetime income with estate and legacy goals.When coordinated thoughtfully, Social Security can serve as both a reliable income stream and a valuable tax-efficiency lever in a broader retirement strategy. From just $107.88 $24.99 for Kiplinger Personal…