Millionaires manage their wealth in various ways, but contrary to what many might believe, they typically keep only a modest sum in checking accounts. The bulk of their assets are often invested in long-term growth strategies, with checking accounts used primarily for everyday transactions and bill payments.

From home renovations and market timing to leveraging rental options and considering tax-advantaged investments, discover various approaches that can ease the burden and unlock financial potential.

In 2024, the U.S. housing market presents a unique mix of opportunities and challenges for prospective buyers. Mortgage rates are trending lower than in recent years, but home prices remain elevated in many regions.

The recent rise in mortgage rates has led to billions in missed refinancing savings for homeowners, highlighting the importance of timing. While some homeowners were able to secure favorable rates, others missed out due to the unexpected surge.

Unlock the potential of your home equity to grow your wealth, improve liquidity, and capitalize on investment opportunities. By sitting on all that equity, you could be missing out on significant financial benefits and opportunities to enhance your lifestyle.

The U.S. housing affordability crisis has reached unprecedented levels, with nearly half of all renters classified as "cost-burdened." States like Arizona, Nevada, and Florida are particularly affected, as rising rents outpace wage growth, leaving many households struggling to maintain their homes.

Goldman Sachs has revised its year-end forecast for the S&P 500, raising the target to 6,000 points for 2024 and projecting further growth to 6,300 by 2025. This optimistic outlook is driven by strong corporate earnings, improved profit margins, and sector recoveries.