Bringing up inheritance might be one way to guarantee a bust-up over the potatoes and gravy.
The midterms are over, so perhaps it’s time to shelve political talk — especially if your dinner table is composed of family members from opposite sides of the political aisle. Democrats have held onto control of the Senate, while Republicans have regained control of the House of Representatives. And Nancy Pelosi, a Democrat, resigned as Speaker of the House on Thursday after two decades. But there are other, more pressing issues to debate than politics.
Is it time to cut down on gifts and splurging on new TVs this holiday season? A record-breaking 166.3 million people are planning to shop in person and online between Black Friday and Cyber Monday, according to the National Retail Federation. That’s nearly 8 million more people than last year’s projections for the days after Thanksgiving. Two-thirds of the estimated 115 million Thanksgiving shoppers are planning to do it in person, which is up slightly from the 64%.
That may be a lot to bring up between the pumpkin soup and dessert. But it would certainly be a good idea to avoid talk of inheritance — that might be one way to guarantee a bust-up over the potatoes and gravy, especially if your siblings have an acrimonious history. For those who want to brush up on their finances during Thanksgiving dinner, take the MarketWatch Financial Literacy Quiz.
As millions of Americans count their losses over their investments in cryptocurrencies — including those burned by the bankruptcy of the cryptocurrency exchange FTX — some risk-taking family members might be tempted to time the stock market. Take a lesson from Nick Maggiulli, the author of the blog “Of Dollars and Data.” He says, “Buying the dip can’t beat dollar-cost averaging, even if you were God.” And he gives you these charts to prove it.
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