Author: Smart Wealthhabits

Income investors entering July will face a friendlier arrangement than six weeks ago. The 10-year Treasury yield sits at 4%, down from May’s peak of 5%, while the 2026 Social Security Colla Came in at just 3%. That combination, low risk-free rates and modest cost of living, is pushing retirees back toward dividend equities that pay out every 30 days. Income receipts on assets reached $4,281.5 billion in the first quarter of 2026, underscoring how dependent boomer cash flows now are on portfolio income. Below are five monthly salary names worth researching for July. Each ticker has been verified for…

Check your bathroom cabinet, because CVS Health has recalled thousands of medicated hemorrhoid wipes due to the lack of child-resistant packaging. The Rhode Island-based retailer recalled more than 75,000 boxes of medicated hemorrhoid wipes on July 2 because they did not feature child-resistant packaging, according to the U.S. Consumer Product Safety Commission. According to the Poison Prevention Packaging Act, wipes must have this packaging because they contain lidocaine, which can cause serious injury or even death to a baby if swallowed. As of July 2, CVS was not aware of any injuries related to the recall. Here’s what you need…

Here are 5 important investing skills you must develop for successful long-term investing (typically 10+ years or more). Long-term investing, especially in equities through shares or mutual funds, has historically beaten inflation and created significant wealth for patient investors. However, success depends more on skills and behavior, not on market timing or chasing hot tips.1. patience and emotional discipline – Markets are volatile – corrections, downturns and euphoria are common. Indian equity markets (Nifty/Sensex) have delivered strong long-term returns despite several declines. Panic selling during downturns (for example, the COVID-19 crash or election instability) minimizes losses, while staying invested allows…

Several batches of dog food have been recalled across the country because they may contain metal and plastic pieces that could injure pets, according to a Food and Drug Administration notice. Mars Petcare US issued a voluntary recall on July 2, saying that two lots of Pedigree-branded food had accidentally arrived on store shelves. The food cartons were previously tested and found to be contaminated with “sharp metal and plastic foreign material” and were sent to a third party for disposal. Instead, the products were “fraudulently diverted” and sold into the US market, according to the company, which is working…

If you have $2 million in retirement savings, congratulations. That’s well above the $1.46 million that Americans believe they need to retire comfortably, according to a 2025 Northwestern Mutual study (1).At this point, you’ve probably overcome the challenge of saving enough. Now, your next mission is wealth preservation. High taxes and bad lifestyle choices can quickly destroy what looks like a huge treasure.Must readIt is not easy to change our perspective from wealth creation to wealth protection. But the journey can be less risky if you avoid these five common money traps that high-net-worth individuals sometimes fall into.1. Not knowing…

The math on retirement has changed, and it’s making a lot of people nervous. You watch the grocery bill increase and your account balance decrease, and panic begins. The question that keeps you up at night is: Is this money really going to last? For many, the knee-jerk reaction is to consider “un-retiring” – dusting off the resume and getting back to work to stop the bleeding. Or, you go the other way and decide to eliminate every joy in life, insisting on coupons to save fifty cents on toothpaste. to stop. You didn’t spend 40 years of your freedom…

When Jeff Bezos said a breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were stunned. Fast forward a year and Amazon’s new CEO Andy Jassy describes Generative AI As a “once in a lifetime” technology that is already being used to renew customer experiences at Amazon. Elon Musk predicted this at the 8th Future Investment Initiative conference 2040 will be there At least 10 billion humanoid robotswith a price between each $20,000 and $25,000. do the math. According to Musk, This technology could be worth $250 trillion by 2040. In other words it is approximately equal to:…

Toyota is moving production of its Tacoma pickup trucks from Mexico to Texas amid tense negotiations over the future of North American trade rules governing auto manufacturing and other sectors. The Japanese manufacturer announced on Monday, July 6, a $3.6 billion expansion of its San Antonio plant to support a second assembly line that will build the Tacoma. Toyota says the expansion of the Texas plant will create 2,000 jobs and add 2.5 million square feet of space at its San Antonio campus. The Tacoma is first built at Toyota’s plant in Tijuana, Mexico. Moving assembly of the vehicle to…

Here are 5 important investing skills you must develop for successful long-term investing (typically 10+ years or more). Long-term investing, especially in equities through shares or mutual funds, has historically beaten inflation and created significant wealth for patient investors. However, success depends more on skills and behavior, not on market timing or chasing hot tips.1. patience and emotional discipline – Markets are volatile – corrections, downturns and euphoria are common. Indian equity markets (Nifty/Sensex) have delivered strong long-term returns despite several declines. Panic selling during downturns (for example, the COVID-19 crash or election instability) minimizes losses, while staying invested allows…

Most adults believe that when a parent dies due to debt, the debt also dies with them. Generally, this is true. But there is one exception in American family law that is often overlooked: filial responsibility. These dormant laws, dating back to 17th century England, are resurfacing. In more than two dozen states, nursing homes are using them to sue adult children for their parents’ unpaid medical bills — and they’re winning. Filial responsibility laws impose a legal duty on adult children to support their indigent parents. Although these laws were originally created to keep the elderly off public assistance,…