Personal Finance Daily: Get ready for another round of stimulus checks and why you might want to consider ditching your 401(k) plan

This post was originally published on this site

Stay safe, MarketWatchers, and don’t miss these top stories:

Look what happened to home prices when the coronavirus sent stocks into a bear market

Residential real estate turns out to be a solid portfolio diversifier, writes Mark Hulbert.

Why you might want to consider ditching your 401(k) plan

Aaron Brown, author and former managing director at AQR Capital Management, explained in an op-ed for Bloomberg News why 401(k)s “no longer make much sense” for retirement savers.

Get ready for another round of stimulus checks

Republicans and Democrats both agree that direct stimulus payments should be included in the next stimulus package.

High prices and an unpredictable market: Here are some pointers for buying a home right now

Demand for homes is high, costs are rising—these factors necessitate some skillful navigation by prospective buyers.

What you can do if your college says to stay home this fall

Whether you’re an undergrad, grad, vet or international student, a switch to online could affect your costs and financial aid.

Disney World guests can’t eat or drink while walking anymore

The resort closed a loophole some guests were using to remove their mandatory face masks

Failing to extend the extra $600 in unemployment benefits ‘would be the economic equivalent of reopening the economy too soon’

The extra $600 Americans are receiving in unemployment benefits could end in a matter of days if lawmakers don’t act.

Trump tweets photo of himself wearing a mask in apparent U-turn: ‘Many people say that it is Patriotic to wear a face mask’

Three months ago, Trump said he would resist doing so: ‘Wearing a face mask as I greet presidents, prime ministers, dictators, kings, queens — I just don’t see it.’

‘They are still citizens, so they should be able to access that money’: Inside the quest to claim stimulus checks before the deadline

Some people use the money for a fresh start, like a man who paid off speeding and parking tickets so he could make money driving again.

Elsewhere on MarketWatch
Biden unveils $775 billion plan for universal preschool, expanded child and elder care

Joe Biden on Tuesday unveiled a $775 billion plan for child care and elder care that includes universal preschool and tax credits for lower-income families, the latest in a series of policy proposals leading up to next month’s Democratic convention.

Senate panel approves nomination of Judy Shelton to Fed board seat

The Senate Banking Committee on Tuesday approved the nomination of Trump advisor Judy Shelton to a seat on the Federal Reserve Board of Governors.

How the U.S. and China can avoid an ugly breakup

A growing antagonism between the U.S. and China will have a bigger immediate impact on China than on the U.S., as bilateral decoupling fuels a broader ongoing process of deglobalization.

A new stock-market high is coming because of all the money that is being printed

None of the factors that could limit the stock market’s rise are in play right now.

Add Comment