According to a recent report by Barclays, spending on rent and mortgages saw a significant increase in May. The data revealed that consumers were allocating more of their income towards housing costs, signaling potential financial strain. This trend may have been influenced by rising housing prices and inflation, highlighting the importance of budgeting and financial planning.
Source link
2 Magnificent S&P 500 Dividend Stocks Down 2% and 16% to Buy and Hold Forever
As of July 18, the S&P 500 index has risen 13.6% over the past year, though companies like Home Depot (NYSE: HD) and PepsiCo (NASDAQ: PEP) have seen declines of 1.8% and 15.9%, respectively. This market focus on short-term issues presents an opportunity for patient investors to benefit from dividends while awaiting a recovery in stock prices. Want More Context? 🔎
Read more