Author: Money Mechanics

Key Takeaways Ray Dalio at an event Tuesday said investors should allocate about 15% of their portfolios to gold. The precious metal recently traded around $4,000, reflecting a roughly 50% rise in 2025 alone. Gold keeps rising. Some big-name investors say you should keep leaning in. The latest is Bridgewater Associates founder Ray Dalio, who at an event on Tuesday said investors should allocate about 15% of their portfolio to the precious metal, citing its use as a source of downside protection. Gold futures recently traded at around $4,000 per troy ounce, reflecting a roughly 50% rise this year that…

A lot’s happening with Ohio property taxes, and that’s not just because property tax bills are rising.Earlier this summer, Gov. Mike DeWine vetoed several budget-line items that would’ve provided property tax relief in the Buckeye State. DeWine reportedly vetoed the measures due to concerns about school funding, and instead formed a working group of local officials and former lawmakers to consider new proposals for relief.However, the Ohio House overrode the veto on two of the provisions, and this month, the Ohio Senate followed. Now there’s a new property tax law for Ohio homeowners in 2026. From just $107.88 $24.99 for…

Key Takeaways Advanced Micro Devices shares rose Tuesday morning after soaring yesterday to a 19-month high on news that the chip designer and ChatGPT maker OpenAI have inked a multi-year supply deal.The stock staged a dramatic breakout from an inverse head and shoulders pattern on Monday, laying the groundwork for follow-through buying.Investors should watch critical overhead areas on AMD’s chart around $227 and $272, while also monitoring support levels near $174 and $150. Advanced Micro Devices (AMD) shares rose Tuesday after soaring yesterday to a 19-month high on news that the chip designer and ChatGPT maker OpenAI have inked a…

In another reshuffle of federal leadership, the Trump administration has announced that Frank Bisignano will be the first-ever Chief Executive Officer (CEO) of the IRS.The catch? Bisignano is also the current Commissioner of another massive federal agency: the Social Security Administration (SSA).U.S. Treasury Secretary Scott Bessent, who is pulling double duty as IRS Commissioner, says the newly created position will involve overseeing the day-to-day operations of the federal tax agency. The role is also reportedly designed to help modernize the nation’s tax system. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE…

The Payments: $12,000 in a Stablecoin Select New Yorkers are set to receive $12,000 worth of cryptocurrency payments thanks to a collaboration between GiveDirectly—a nonprofit focused on alleviating poverty by giving cash directly to people—and Coinbase, a cryptocurrency exchange. According to a recent Bloomberg report, this pilot program provides 160 low-income New Yorkers with $12,000 worth of USDC, a type of stablecoin pegged to the U.S. dollar, and will be paid out in one lump-sum of $8,000 and five smaller payments of $800 each. USDC is issued by Circle, a payments technology company. USDC is considered far less volatile than…

Key Takeaways The average retired household spends around $5,000 per month, with housing, healthcare, and food being the largest expense categories.With a median 401(k) balance of $210,724, retirees relying on the 4% withdrawal rule and Social Security benefits often face a shortfall in covering monthly costs.Retirees can bridge the gap by boosting savings, delaying retirement, cutting discretionary expenses, or exploring additional income sources like part-time work or rental properties. One of the most pressing questions individuals face is: How much money will I need to maintain a comfortable lifestyle once I stop working? To answer that question, you have to…

Key Takeaways Colorado is renowned for its stunning mountains, plentiful outdoor activities, and abundant sunshine. But many towns are too expensive for most retirees.Located less than two hours from Denver, Pueblo offers an affordable alternative to more expensive locations in Colorado.Health care access in Pueblo includes local hospitals affiliated with two major statewide medical center networks. You can enjoy Pueblo’s scenic riverwalk on foot or by boat, as well as nearby mountains and iconic Colorado views.Local organizations host senior-specific classes in art, yoga, and other popular pastimes.  Pueblo, Colorado, located in the southern part of the state is one of the…

Ingka Investments, a unit of Ikea franchisee Ingka Group, has acquired US-based logistics technology company Locus. The financial terms of the deal have not been revealed. Ikea believes that the deal strengthens its digital capabilities and will make shopping and delivery easier for its customers. The Swedish home furnishing retailer has historically relied on several third-party providers for these services. Locus provides an AI-driven logistics management platform with advanced route optimisation and real-time tracking. Unifying these features will help Ingka Group to boost supply-chain efficiency, from capacity management and optimisation to last-mile execution. The retailer further noted that the deal…

In-brief analysis October 7, 2025 The United States is well stocked with propane heading into the winter. For the week ending September 26, U.S. propane inventory was 103 million barrels, about 13 million barrels more than the previous five-year average for this time of year, based on data in our Weekly Petroleum Status Report. Propane inventories reflect supply and demand balances. Propane demand is greatest in the winter months because propane is used as the main heating fuel in about 5% of U.S. homes, primarily in the northern parts of the Midwest and Northeast. For…

hitting record highs makes it one of the most exciting assets to trade. Without the right strategy however, it can also be one of the most frustrating. If you want to trade gold successfully, you need to understand what moves its price and how to time your entries like a pro. We’ve got three powerful tips that can give you an edge—watching Treasury yields, tracking the , and following the trend with moving averages. Master these, and you’ll have a solid foundation for making better trading decisions.Tip #1: Watch Treasury Yields—Gold’s Inverse RelationshipIf there’s one thing every gold trader needs…