Blocked Activision Deal Hits VMware Stock – TipRanks + MORE Apr 26th

Blocked Activision Deal Hits VMware Stock  TipRanksBritish regulators nix Microsoft’s $69B takeover of video game maker Activision  CBC NewsMicrosoft-Activision Deal Blocked By UK Is No Disaster for the Gaming Giant  BloombergUK regulator blocks Microsoft’s acquisition of “Call of Duty” maker Activision Blizzard  Yahoo Canada FinanceMicrosoft can earn higher return on cash in bank than in Activision deal, says Oppenheimer’s Horan  CNBC TelevisionView Full Coverage on Google News

There’s an interesting study on trends in cashing out retirement savings when American workers leave their jobs. The paper, “Cashing Out Retirement Savings at Job Separation,” is co-written by a Canadian, Yanwen Wang, associate professor at the University of British Columbia’s Sauder School of Business. The study, which is fairly technical, is also featured in a more accessible version in the Harvard Business Review (HBR), “Too many employees cash out their 401(k)s when leaving a job” (March 7, 2023).

You’ve likely heard of 401(k)s, which were launched in the U.S. in 1978. They are employer-sponsored pensions equivalent to Canada’s group registered retirement savings plans (RRSPs) or employer-sponsored defined contribution (DC) pensions. All of these are tax-deferred vehicles that can be used to hold investments in stocks, bonds, mutual funds, exchange-traded funds (ETFs) and similar assets. However, Canada and the United States differ in how retirement plans are treated on leaving jobs, so most of what follows applies mainly within the U…

Financial influencer couple Steph Gordon and Dennis Mathu (@Steph & Den) started making YouTube videos about personal finance for Canadians in 2019. Once they found their groove on social media, they left their corporate jobs—Steph was in human capital at PricewaterhouseCoopers and Den was a consultant at Deloitte—to become full-time content creators. 

“People sometimes think social media exists solely for entertainment, but there are so many informative things you can learn about for free,” Mathu says. “In our case, we share concepts that are usually complex and inaccessible in an easy-to-understand way.” Gordon says she hopes their followers will use their content “as a place to learn money basics,” so that they can do further research and then take the appropriate actions on their own. 

Read on to learn about their thoughts on why “retirement is a number”—not an age, how to avoid “lifestyle creep” and more.

Which financial influencers do you follow and why? 

Den: We follow Amon and Christina from Our Rich Journey on YouTube (they show how they were able to retire early by investing their money), Vivian from Your Rich BFF on Instagram/TikTok (who shares quick and relatable money tips for younger people), and Jeremy Schneider from Personal Finance Club on Instagram (who shares easy-to-understand infographics that make money concepts simple like we do)…