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Questions tagged [personal-finance]

Personal finance is the financial management which an individual or a family unit is required to do to obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.

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Is the Chinese “Sesame Credit” system a government propaganda tool?

The Sesame Credit system recently announced in China is making the rounds on social media, being touted as a tool of gamified government thought control. For example, this privateinternetaccess.com's ...
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981 views

Do over 80% of day traders lose money?

I've heard multiple times that the vast majority of day traders, sometimes given as "over 99%", lose money. What's a realistic number? For specificity, use a one year time-frame. For example, here ...
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Did 8 out of 10 millionaires make their fortune in real-estate?

According to a Martin Thomson article at zeromillion.com: 8/10 millionaires surveyed found their wealth in Real Estate. I can't find a reliable source for that statistic.
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Did Paul Orberson make $1,000,000/month for 44 months?

I was pitched a multi-level marketing scheme a couple years ago and have been fascinated ever since (as in, the mathematics and how to protect others, not as in a participant). This particular one is ...