How The NFL Makes Money, Realtors Resolutions, and Cash Flow

This Is Critical For Thriving In Retirement                                                                                                                                                                                                                                                                                                                                                                                                                 February 06, 2024 | [Read Online]( Good afternoon. It's Tuesday, Feb. 06, and we're covering the importance of cash flow, why you shouldn’t be a borrower, from Gen Z to the baby boomers, and much more. First time reading? [Sign up here](. Stock Market Update Market Performance: February 05, 2024. Stocks fell Monday as Treasury yields spiked higher on concerns that the Federal Reserve may not cut rates as much as expected. Lackluster results from McDonald’s also dampened investor sentiment. The Dow Jones Industrial Average dropped 274.30 points, or 0.71%, to settle at 38,380.12. The S&P 500 slipped 0.32% to close at 4,942.81. The index hit a record high last week as Big Tech stocks moved higher. The Nasdaq Composite edged down 0.2% to end at 15,597.68. [The yield on the 10-year Treasury note was last up more]( than 13 basis points to 4.166% as investors assessed a fresh batch of strong economic data that suggested rates may stay elevated for longer than anticipated. The benchmark yield traded around 3.81% last week. Financial Maverick Insights Unlocking the importance of cash flow: A key to business success Cash flow is the movement of money in and out of a business. It reflects the liquidity of a company and provides a real-time snapshot of its financial health. It encompasses two main components: cash inflows and cash outflows. Cash inflows are the sources of money coming into the business and typically includes revenues from sales, investment income and loans. Cash outflows are the expenses or payments going out and includes operating costs (such as salaries and rent), investments in assets, and any other financial obligations. Managing cash flow effectively is crucial for ensuring financial stability and building a strong financial foundation for the long-term success of the company. Liquidity management Positive cash flow refers to when a businesses cash inflows exceed the cash outflows, a sign of a healthy business. This means the company can cover its everyday operational costs and financial commitments such as bills, salaries and rent. Having effective cash flow management helps optimise working capital which means a business can reduce excess cash tied up in assets or inventory and use it more efficiently to generate revenue. [Having positive cash flow also helps a business avoid]( insolvency or bankruptcy. While running a business the goal is never to become bankrupt, however by not regularly monitoring the cash flow it’s possible to be operating on a negative cash flow without realising. Don’t Be a Borrower If You Can Help It Does having more money make you happier? Most Americans think so, yet economists continue to debate the question. A 2010 paper by two Nobel laureates concluded yes—but only for those earning up to about $75,000 a year. In 2021, an economist revisited the issue and found that well-being may go on increasing for much higher income levels as well. My own work argues that what matters is not how much you have, but what you do with it: Happiness doesn’t rise when you buy stuff, but rather when you use your money to pay for memorable experiences or time with people you love, or when you give it away to causes you care about. All that aside, there is one thing you can do with money that is very likely to raise your unhappiness: Borrow it without clear resources to repay it. Benjamin Franklin was onto something when he wrote in 1757, “Sleep without Supping, and you’ll rise without owing for it”—in other words, being a little hungry from time to time is better than cadging money to buy dinner. [The research shows that Franklin was almost completely right:]( As tempting and as easy as it is to borrow money “on credit” to fund your unsecured consumption, this type of indebtedness almost always lowers your well-being. Real Estate News Realtors Resolutions for the New Year With 2023 in the past, most people are looking forward to achieving goals and resolutions in the New Year. For example, Realtors have both professional and personal goals they hope From Gen Z to the baby boomers, 2023 was bad when it came to housing 2023 was seen as a historically bad year for homebuyers because of how unaffordable the housing market had become. Darren Krakowiak: Setting goals for commercial real estate success Setting goals and taking action often go hand in hand, but many action-oriented commercial real estate agents tend to overlook the importance of goals. Personal Finance Tips How the NFL Makes Money The NFL makes money in many ways, but its TV deals are by far its most lucrative revenue stream and will likely continue to be. This is critical for 'thriving' in retirement, personal finance expert says Personal finance expert Jade Warshaw discusses the importance of planning for retirement beyond relying solely on Social Security. IRS 1099-K Delay Update: How This Impacts Taxes for PayPal, Venmo and Cash App Users Freelancers shouldn't expect 1099-Ks this tax season. But you still need to report any self-employment income to the IRS. Alternative Investing From Novice to Investor: How Beginners Are Optimizing Profits With User-Friendly AI Navigating the sophisticated world of crypto trading just got easier, thanks to artificial intelligence (AI) trading platforms. Perhaps this is why the bitcoin spot ETFs are yet to send crypto prices to the moon The long-awaited launch of bitcoin spot ETFs in the United States this year helped engender a wave of optimism that the value of the well-known cryptocurrency would quickly appreciate. Elon Musk confirms successful ‘tech-kinesis’ brain chip implant If 2024 couldn't get any weirder, Elon Musk has announced the successful implantation of a Neuralink brain chip. Would you be interested in a brain chip implant? [Yes]( [No]( Reach Over 100,000 Financial Mavericks Advertise with Financial Maverick to get your brand in front of the Financial Gurus in the world. 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