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How To Feel Rich💰, The Unhappiest Cities In America😔, US Adding 372k Jobs💼

FIREwatch Financial Independence Update - 11th July, 2022

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FI/RE

There's a low-Risk Way for Investors to Earn 9.62% Returns Right Now (5 minute read)Markets are slumping, Crypto has cratered, yet one corner of the financial world continues to offer investors strong, low-risk returns: Humble I bonds, which currently receive an annual interest rate of 9.62%.

Now Is the Time to Focus on Financial Independence (7 minute read)In this podcast transcript, Motley Fool analyst Dylan Lewis and contributor Brian Feroldi discuss the core principles of financial independence (FI) and the different styles it can take, why a down market is a great time to check in on your financial independence and retirement progress, and why it's not too late to get started.

How To Feel Rich Even If You Can’t Get Rich (9 minute read)"To feel rich consistently is even better than actually being rich. In fact, learning how to feel rich might be the biggest wealth hack of them all. Once you got that rich feeling, you don’t need to work as hard to achieve a net worth you think is required to be wealthy".

The Unhappiest Cities In America Based On A New Wealth Reality Ratio (11 minute read)"Are you trying to determine your level of financial satisfaction or dissatisfaction? After all, if you’re more satisfied financially, you should also be happier and less stressed. Good news! The FS Wealth Reality Ratio (FSWRR) will help you quantify your feelings and reveal the unhappiest cities in America!"

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Market

China lockdown worries hit Asian equity, Crude Markets (4 minute read)Asian markets and oil prices fell Monday with a fresh Covid flare-up in Shanghai fanning fears of another economically painful lockdown in China's biggest city.

Oppenheimer says the S&P will eke out a small gain this year (2 minute read)Oppenheimer this week slashed its outlook for the S&P 500, stating that the benchmark index will do worse than the firm had expected but will still jump 25% through the rest of the year to end 2022 with a small gain.

Twitter has legal edge in deal dispute with Musk (4 minute read)Delaware courts, where the dispute between the two sides is set to be litigated, have set a high bar for acquirers being allowed to abandon deals. Target companies often choose the certainty of a renegotiated deal at a lower price or financial compensation rather than a messy court battle than cast last for many months.

US economy added 372,000 jobs in June amid red-hot labour demand (4 minute read)US employers added more jobs in June than forecast and the unemployment rate held near a five-decade low, suggesting hiring needs are so far eclipsing concerns about the economic outlook. Nonfarm payrolls rose 372,000 last month following a revised 384,000 in May, a Labor Department report showed Friday. The unemployment rate held at 3.6% as the pool of available workers shrank, and wage growth remained firm.

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