Author: Smart Wealthhabits

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,…

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…

If you’ve subscribed to a YouTube TV or DirecTV stream over the past several years, you may be eligible for a payout as part of a $50 million settlement from the Walt Disney Company. But the deadline to file a claim is fast approaching. The lawsuit stems from a 2022 federal class-action complaint filed by YouTube TV subscribers, who argued that Disney’s control over popular channels and programming gave the company excessive influence over the live TV streaming market. Disney agreed to settle the case without admitting liability or fault. As the claim filing deadline approaches, here’s what eligible customers…

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…

US President Donald Trump arrives for lunch in the Rose Garden of the White House on Monday, July 6, 2026 in Washington, DC, US. Shaun Thew | Bloomberg | getty imagesPresident Donald Trump is heading to Turkey for the North Atlantic Treaty Organization summit as the alliance has been weakened by Russia’s continued military aggression in Ukraine and the US’ growing insistence that NATO members quickly increase their defense spending.These serious concerns come on top of disputes over the US’s war against Iran and its prior attempts to annex Greenland, a territory of NATO member Denmark.Trump is a central figure…

read quicklySCHD and VYM lead a four-fund dividend strategy aiming for $24,000 annually, while each share remains intact in your brokerage account.Reaching $2,000 monthly requires about $600,000 to $800,000 of investments, but spreading it across four ETFs ensures that no dividend cuts ruin your budget.It sounds strange, but SoFi is offering new Active Investing users up to $1,000 in stock for a limited time, and all they need to do is deposit $50 to get started. see for yourself (Sponsor)Two thousand dollars per month is the number you keep in your mind as the difference between a comfortable retirement and…

A dad’s money-saving Chick-fil-A order has gone viral and racked up millions of views online after he revealed how his family of five eats at the fast-food chain for less than $45. Pastor and podcaster Jeff Johnson shared the budget-friendly order in a social media video, saying his family skips individual meals and instead orders a 30-count nugget tray and some buttered buns. “I have a hack for every dad who’s always wondering, ‘Why are we spending so much money at Chick-fil-A?'” Johnson said in a video posted to Instagram. Johnson said that instead of buying a sandwich meal for…

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…