How $700,000 Invested in Four Preferred Stock ETFs Produces $42,000 Annually Even When the Stock Market Slows Down
Quick Read Preferred ETFs can offer reliable monthly income that’s somewhat shielded from stock market volatility. However, they are still sensitive to interest rates, and even a 100 basis point rise in U.S. Treasuries could lead to a 10% drop in their price almost overnight. Leveraged preferred products like PFFL might promise hefty yields of […]
The Calculation Behind Why These Dividend Stocks Can Add $10,080 More Annually
Quick Read Ares Capital (ARCC) offers a 10% yield, with a recurring income dividend supported by $0.55 of net investment income per share for Q1 2026. This makes it a strong candidate for Roth accounts, alongside JPMorgan Nasdaq Equity Premium Income (JEPQ) at 13% and JPMorgan Equity Premium Income (JEPI) at 8%. Both provide beneficial […]
LIRR employees earning more than $160K annually strike for increased pay
MTA and union leaders clash as LIRR strike begins Workers from the Long Island Railroad (LIRR) have initiated a strike for the first time in three decades, impacting around 300,000 daily commuters and threatening commerce for countless individuals. While both union officials and MTA representatives have voiced their frustrations, they are largely blaming each other […]
GAO estimates that federal fraud costs taxpayers in the US as much as $521 billion annually
The federal investigation into fraud in Minnesota is just a small glimpse into a much larger issue. The extent of fraud and corruption within both state and federal programs, combined with insufficient preventive measures, may represent a significant challenge for Americans today. In March, President Donald Trump initiated an executive order to form a task […]
Lisa Kudrow states the ‘Friends’ cast continues to receive $20M annually in residuals.
Lisa Kudrow Talks “Friends” Earnings and Legacy Lisa Kudrow’s iconic role as Phoebe Buffay on “Friends” continues to generate significant income, even over 30 years since the show’s debut in 1994. In a recent interview, she shared that the cast still earns around $20 million annually in residuals. Kudrow humorously attributed this to Phoebe’s charm, […]
New York pension increase might burden taxpayers with nearly $1.5 billion annually
Pension Cost Increase in New York ALBANY — Recent discussions at the state Capitol unveiled that the annual cost of pension enhancements for state workers, educators, and others will reach around $1.5 billion. This burden will largely fall on school districts, local governments, and, notably, their taxpayers. Various unions are advocating for a three-part proposal […]
Mayor’s ‘Security Team’ Costs Taxpayers $30 Million Annually
Mayor’s Security Costs Raise Eyebrows Amid Gun Control Policies A report from Lawrence Keene, a senior figure with the National Shooting Sports Foundation, reveals that Mayor Brandon Johnson’s personal security detail costs taxpayers around $30 million annually. Keene noted that this security team could involve “as many as 150 Chicago Police Department members.” Interestingly, while […]
High-earning couples could receive over $100,000 annually in Social Security benefits, but a new plan aims to limit this amount.
Some affluent couples might be pulling in about $100,000 a year or even more from Social Security benefits, based on a recent analysis. To address the financial challenges facing Social Security, there’s a proposal to set a cap on benefits at $100,000 for married couples and $50,000 for individuals, as per a study by a […]
This Schwab ETF Includes 100 Dividend Stocks, Costs $6 Annually, and Offers Higher Returns Than Most Savings Accounts
Schwab US Dividend Stock ETF Overview The Schwab US Dividend Stock ETF (SCHD) has an annual charge of just 0.06%, equating to $6 per $10,000 invested. It offers a yield of 3.39%, returning 12.29% year-to-date and an impressive 225.89% over the last decade. Among its top holdings, Lockheed Martin (LMT) takes the lead at 4.9%, […]
Tuition at private schools in NYC exceeds $70,000 annually: report
Private school tuition in New York City has exceeded $70,000 a year, a recent report shows, reflecting the increasing cost of living and a heightened demand for financial aid. Seven institutions, including the Spence School, Dalton School, and Nightingale Bamford School on the Upper East Side, reported tuition rates surpassing $70,000 for the 2026-27 academic […]