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The holidays are about six months away. Why wait until the last minute to shop? Answer: You shouldn’t. And you won’t have to if you have a decently stocked gift closet. Some people I know keep their eyes open starting on Dec. 26 and are finished by mid-summer.

It’s more than just the December holidays, though. A small selection of “evergreen” gifts (non-perishable, non-trendy) means you’re prepared for any birthday, anniversary or new baby that comes along.

Building your gift closet doesn’t have to cost much. I always trot out the example of the puzzle depicting the Sistine Chapel ceiling, the perfect gift for a jigsaw-loving relative. Still shrink-wrapped when I found it on half-price day at a thrift shop, it set me back a whopping 35 cents.

If you wait until the last minute, you’re likely to spend more. On the afternoon of the baby shower, you might be tempted to stop at the first store you see and grab the item that’s closest to the door. Compare that with, say, the 89-cent newborn outfit that I bought at a post-holiday clearance sale.

(It wasn’t junk, either, but made by Carter’s. And it was cute as hell. I made the girl-noise when I saw it.)

Incidentally, it doesn’t really have to be a closet. I keep my stash in a cedar chest that I bought for $15 at a garage sale. Not only are my gifts cheap, they’re guaranteed moth-free! Here are some ways to build an evergreen gift stash without breaking the bank.

Clearance tables. Both post-holiday and everyday “last chance” sales can yield amazing finds. In late December the department stores want to get rid of unsold hat-and-scarf sets, gloves, slippers and “executive” gifts (e.g., day minders or business card holders) — and all of these can be held until next year’s Christmas or this year’s Father’s Day. Classic toys (stuffed animals, puzzles, books) can be had for a song if you’re patient enough to wait until Target or Walgreens really wants to get rid of them. (I’ve seen discounts as deep as 90%.) Remember that clearance sales happen in a lot of places: hardware stores, craft shops, drugstores, souvenir stands, supermarkets, office-supply stores.

Tip: If you see a gift set (foodies, spa items) wrapped in a Christmas-y way, break it down and repackage the elements for a January birthday or for Valentine’s Day.

Deal sites. Dealnews, Eversave, My Bargain Buddy and other money-saving sites can be dangerous if you’re a compulsive buyer. Pick your spots, though, and you might see a lovely package of fancy teas that would be perfect for your sister, or a swell set of socket wrenches that would be perfect for your other sister. You’ll spend relatively little to get them, especially if you get site credits for having referred other members.

Social commerce sites. Whether you’re buying a gift item or a discounted gift certificate you can use to buy a gift yourself, Groupon et al. can really stretch your buying dollars. Recently I saw a $20 Old Navy gift certificate for only $10, which could translate into shorts, tank tops or other items (especially if you wait for clearance sales). You could also give the certificate itself, if it has a decently distant expiration date — a massage or a spa day would be a great gift for a babysitter, housecleaner or teacher. And a middle-school-aged niece or nephew might love to get $20 worth of buying power at Old Navy.

Thrift shops. It’s amazing what you can find in the secondhand store — and as noted above, some of it has never been opened. Extra frugal points if your finds are “tag color of the day” specials or found during half-off sales.

Note: GRS readers discussed at great length whether it’s okay to give thrift-store gifts. If this really makes you uncomfortable, don’t do it. But here’s my advice: Get over yourself. Nobody has to know where you bought the present unless you choose to tell them.

Yard sales. We’re heading into the prime garage-sale season. I’ve found beautiful books, stationery and card sets, candles, book-and-toy combos, journals and other items — all new or seemingly unused — that became birthday or Christmas gifts. None of them cost more than $1.

Tip: Toward the end of the day, go back to the yard sale — they might be ready to haggle.

Rummage sales. The ones held indoors are even better than garage sales, because you’re not sweating in 95-degree heat while you shop.

Social media giveaways/contests. Companies will do anything to get noticed — including hand out free clothes, books, sporting equipment, jewelry, TVs, computers or big bundles of cash. (Believe it or not, I once saw a contest whose prize was a year’s worth of health insurance.) To find such contests, try using Twitter hash-tag searches (“#giveaway” or “#freebie”) or checking a Facebook app called “Wildfire.” Or do it the easy way: Find yourself a good freebie blogger and watch for the giveaways you really want.

Tip: Free software such as Roboform will fill in contact info automatically, making your entries more efficient. Also: Google “second-chance drawing” — contest junkies, aka “sweepers,” know that the odds are much better than in the initial drawing.

Take online surveys. You have to be choosy, since some companies ask for a lot and give back relatively little. But some people make a decent little side income answering questions. Depending on the site, you can redeem points for physical prizes, gift cards or even cash. I’ve had a lot of luck with Clear Voice Surveys and Valued Opinions, through which I’ve obtained dozens of Amazon gift cards in the past few years. (These days I don’t keep them, though; I give them away on my website.)

Rewards programs. Got a credit card that gives points? Cash some in for gift cards you can use to shop or that you can give outright. Or join a rewards program like Swagbucks or MyPoints, which let you earn gift cards, prepaid debit cards and other items. I’m particularly fond of Swagbucks, myself; right now I’m squirreling away Amazon gift cards until Black Friday. I’ve also given Christmas gifts obtained through My Coke Rewards: magazine subscriptions, a NASCAR hat, a set of barbecue tools, T-shirts, movie tickets.

Tip: Ask family or friends to save My Coke Reward points for you. Check the recycle bins at work, or outside your apartment house, too.

Gift swaps. Got a gift you don’t want? So do a lot of people. Invite family and friends to bring over items, then trade to your hearts’ content. Try not to be sad, though, if someone brings a package of teas or socket-wrench set that look awfully familiar.

Source: getrichslowly.org

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According to the National Retail Federation, we’ll spend $68.8 billion outfitting our students for school this year. Yes, I said $68.8 billion. Sounds like a lot of money, right?

More than 80% of the nearly 8,700 people surveyed say that the still-crappy economy has affected the way they’ll shop for school supplies. For example:

  • 30.7% will comparison-shop online
  • 38% will buy store-brand or generic products
  • 44.6% will spend less overall

Good ideas all, but I’d add another tactic: Start early.

School Supplies Pencils Erasers August 07, 20103Ideally, you’ve already begun. No? Then start looking now if you really want to save money. Don’t wait until two days before Labor Day and then go the one-stop-shopping route. The OSS retailers get you through the doors with a few loss-leader prices and make their money back on everything else.

The NRF notes that families with kids in elementary and secondary school spend an average of $603, and parents of college students fork over about $808. This includes clothing and electronics as well as notebook paper.

Can’t afford to spend that much? Don’t want to spend that much? Start by asking yourself…

What Do We REALLY Need?

Don’t buy stuff you’ve already got. This sounds elementary, as it were, but apparently it isn’t. Each year my sister and I buy school supplies to donate to a social services agency. And each year I see parents buying things like backpacks, lunchboxes and three-ring binders for the glum children they’ve towed into the store. I wonder whether the previous year’s backpack, lunchbox and binder…

  • Wore out
  • Spontaneously combusted
  • Were lost in a poker game

Maybe. But it’s also possible that some parents buy new because, well, it’s a new year. To which I say: Are you out of your mind? Why are you instilling the relentless need for new Stuff when the old Stuff might work just as well?

Have your kid to go through dresser, closet and desk. Send her spelunking under the bed for stray markers. Make a pile of crayons, spiral-bound notebooks and other stray educational tools. Inspect the three-ring binder for cracks. Test the backpack straps and make sure the zippers still work.

Congratulations. You now have less to buy. But maybe not much less. That’s because…

Your School’s “Must Have” List is Longer Than My Leg

A kid might have to bring everything from dry-erase markers to a personal box of tissues. Just for gits and shiggles I checked one of these lists.

Elementary-aged kids need, at minimum: a backpack, gym shoes, tissues, lunch bag, pencils, crayons, white glue, markers, erasers, scissors, pocket folders, binder, notebook paper, dividers, composition book, colored pens and a ruler.

What, no particle accelerator?

Crayola Lincoln Logs

Warning! The following statement makes me sound really old.

In my day, we brought a three-ring binder, notebook paper and pencils. If we couldn’t afford paper pr pencils the school provided them. Crayons and scissors were doled out as needed for projects. Only the teacher had markers. Dinosaurs picked us up and delivered us back home.

Times have changed, so watch the office-supply stores (Staples, Office Depot, Office Max) for impossibly cheap school-supply sales. This morning I saw packages of pencils and index cards for one cent each. Buy the maximum amount allowed and you may get enough to last most (or all) of the school year.

Hit those sales as early as possible each week, because other parents have the same idea. Loss leaders may be sold within hours of the opening bell. If the ad doesn’t specifically prohibit rain checks, ask for one.

Note: Your third-grader may plead for a new lunch kit on the grounds that the other kids will laugh when he takes his PBJ out of a “Batman” lunchbox. He might be right. In our increasingly media-driven universe, it’s mortifying to eat from a pail emblazoned with the wrong superhero.

Or he might just be playing you for a sucker. (It happens.)

You might not mind buying a new lunchbox every time the fads change. But maybe you’re wondering how you’re going to pay for everything on that list and still keep the lights on. Or maybe you have an aversion to replacing items that are still perfectly usable. If so, then float a compromise: If you give in on the lunchbox, he’s not getting a new backpack. (Nor should he, if the old one is in good shape.) Get one of those insulated lunch kits, which tend to be more generic in appearance, rather than a box with a cartoon character on it.

Tip: Put a note on your June 2012 calendar to inventory what your kid lost or “forgot” to bring home, then visit the school’s lost-and-found. The L&F box at my daughter’s elementary school looked like a department store. How in the heck don’t parents notice that their kids’ lunch boxes, backpacks, notebooks or winter coats (!) didn’t make it home one day?

If money is really tight (hi there, all you downsized parents!), try these frugal hacks:

  • Look around your house for pencils and pens. Hint: The only place they aren’t is…right by the phone.
  • Whenever you’re in a place that gives away writing implements, take one and say thank you. If your fourth-grader is embarrassed to be seen with a credit-union pen, keep them around for doing homework and save the Bics and Dixon Ticonderogas for school.
  • If last year’s spiral-bound notebooks were only partly used up, tear out the old pages and start afresh.
  • Don’t give pencil sharpeners to kindergarteners or first-graders. They get a little carried away.
  • Hand sanitizer really is required in many schools. Small bottles of the stuff will likely go on sale at drugstores and office-supply emporia. Here’s the rule: Junior keeps it in his backpack, not his desk at school, so you can refill as necessary from the jumbo bottle you got at Costco.
  • Start looking now for discounted gift cards to pay for these things as well as for any clothing (more on that below).
  • Truly desperate? Talk to the school nurse or principal about doing a little “shopping” in the lost-and-found. At my daughter’s school, unclaimed goods were given to kids whose parents couldn’t afford certain items.

New, or New to You?

Who came up with the idea of the back-to-school wardrobe? The people who sell the wardrobes, that’s who. Before you re-kit your kid, think about whether it’s really necessary.

Understand: I am not advocating that your child go to school in shoes that pinch or jeans that show her ankles. What I am saying is that there’s no need to re-do a wardrobe if her clothes still fit and are reasonably presentable.

Just sayin’.

Having just-said it, allow me to suggest some ways to find lower prices on new clothes.

For starters, who says it has to be new? Consignment stores, thrift shops, and garage sales are all potential clothing sources. My niece uses all three sources and pays pennies on the dollar for name-brand clothing.

Clothing swaps are another possibility. Organize them through sports teams, parent groups or your place of worship. Online swap sites like ThredUp might be just the ticket.

Don’t forget The Freecycle Network, either — I see kids’ clothing on there all the time. Some parents even post pictures.

Remember: Nobody has to know your stuff isn’t new unless you choose to tell them. You probably shouldn’t, incidentally, since not everyone is frugal and some people are creeped out by the idea of clothes other people have worn. (What, they think no one has ever tried on the clothes they bought from the department store?)

Tip: If used clothes bug you, wash them. Problem solved.

New Doesn’t Necessarily Mean Expensive

Start watching the clearance tables, because some of those summer duds — jeans, T-shirts, et al. — will work for September and maybe beyond. (They’ll also work for next April; if prices are irresistible, buy a size up for spring.)

Tip: Live in a warm climate? Lucky dog. Just stock up on remaindered summer garb for the rest of the year.

Online stores have clearance sales, too. This is easier to do for younger kids and/or kids who fit in basic sizes, and who don’t care if you pick out their clothes. Be sure to look for online coupons and free-shipping codes through sites like Retail Me Not and Savings.com.

Don’t enjoy tracking bargains? Enlist the help of a price-comparison website such as Pricegrabber, FatWallet, and FindersCheapers. Tell these sites what you want and let them do the hunting and gathering. You might even be able to set a deal alert and receive an e-mail when those Levis go on sale, or a refund alert if something you already bought went on sale.

Excited for School
"I would send you a bouquet of newly sharpened pencils..."

It’s not that I don’t think you should spend anything on your kids come September. On the contrary: I believe that there’s nothing like that new-crayon smell. A couple of symbolic purchases can help your child get excited about a new school year.

Kidding! Few children are truly excited about the day after Labor Day. (Full disclosure: I was. Then again, I got called “teacher’s pet” a lot.) It’s fun to see their friends again, but getting back into the educational harness is always a period of adjustment. Seeing that Junior has all the necessary tools can help re-orient him back into that universe.

Bring him into the equation by asking him to look through the Staples or Office Max flyers with you and compare what’s on sale to the list of necessary supplies. Suggest that money saved by sale prices and judicious re-use of last year’s stuff could defray the cost of a coveted item. You know, like those shoes that are $20 more than you want to pay.

A special purchase might add a bit of frisson and make the transition somewhat easier. You’d also be modeling my personal mantra: Save where you can so you can spend where you want.

Finally: Some cultures start the school year with candy or other treats, to emphasize the sweetness of knowledge. Consider instituting this tradition in your own household by serving a smoothie loaded with berries or slices of mango and pineapple on the first day of school.

Avoid doughnuts or Froot Loops, though. They may lead to running with scissors.

School supplies photo by Steven Depolo. Crayon photo by Chris Metcalf. Photo of the bouquet of pencils (which J.D. loves) by Melissa Doroquez.

Source: getrichslowly.org

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Wall Street is a place that people love to hate.

The Wall Street of today, however, could not be further from the one we know and fear: it’s a trillion-dollar industry with innovation brewing in every corner. You may have heard about these innovations on The Big Short or Moneyball but you might want to broaden your horizons when it comes to movies that feature this major American institution.

While learning about money, finances, and the stock market may or may not be your thing, there is plenty to learn while being classically entertained.

When you’re studying for the MCAT, going through a financial audit, or watching skyrocketing inflation happening before you, it can be hard to find films that accurately portray modern finance.

But Wall Street is full of memorable characters and interesting situations with plenty of twists and turns to keep your attention.

Whether you’re looking for movies about trading on Wall Street or movies about money itself, here are 25 classics worth watching over and over again!

Followed by a list of the best documentaries on stock market trading.

Wall Street is one of the most fascinating and exciting places on Earth. The best movies about Wall Street capture the excitement, drama, and humor that are found in this industry.

Best Movies About Wall Street

Plenty of movies have been made about Wall Street over the years. There is a fascination with the life of a trader and how it intersects with business.

The order dated from the oldest movie to the most recent film.

Here are 25 of the best films set at the intersection between finance and our culture:

1. “Edison, the Man” (1940)

The movie is about the life of Thomas Edison, one of the most famous inventors in history.

The main character is played by Spencer Tracy, who does a great job portraying businessman Thomas A. Edison. The story follows Edison’s journey from being a stockbroker on Wall Street to becoming one of the most famous inventors in history.

Most of the film’s script is fictionalized or exaggerated, it should be viewed as such.

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2. “Citizen Kane” (1941)

Citizen Kane is a 1941 American drama film directed by, produced by, and starring Orson Welles. The picture was Welles’s first feature film. The screenplay, written by Herman J. Mankiewicz and Welles, was based on the life of William Randolph Hearst.

Citizen Kane helped form the idea that there should be a cultural shift in how we view Wall Street. It is considered to be one of the greatest movies ever made because it’s highly innovative, artistic, and technical with many different themes being explored throughout its runtime.

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3. “It’s A Wonderful Life” (1946)

“It’s A Wonderful Life” is a classic movie for the generations.

The protagonist of the movie is George Bailey. The movie revolves around the idea that if George Bailey never existed, life would be much worse off. This film is a classic and a must-watch for anyone interested in finance or business.

Ultimately, he learns some valuable lessons about life and himself.

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4. “Trading Places” (1983)

“Trading Places” is the funniest movie about Wall Street. The plot revolves around how one man’s fall from Wall Street is another man’s blessing.

It’s a classic movie about Wall Street that is still relevant today. The film follows the story of two men whose lives are drastically changed when they’re made the subject of a bet on Wall Street. It stars Dan Aykroyd, Eddie Murphy, Ralph Bellamy, Don Ameche, Denholm Elliott, and Jamie Lee Curtis.

Released in 1983, Trading Places was a box-office success. Earning over $90 million, the film became the fourth-highest-grossing film of that year in the United States and Canada. Furthermore, it was critically acclaimed for its humor and cast.

John Landis directed “Trading Places” and it is an absolute classic. Watching Murphy talk about futures and markets is hilarious.

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5. “Working Girl” (1988)

“Working Girl” is a 1986 romantic comedy-drama film directed by Mike Nichols and written by Kevin Wade. The film stars Melanie Griffith, Harrison Ford, Sigourney Weaver, Alec Baldwin, and Joan Cusack. It received many Academy Award nominations in 1989, including Best Picture and Best Actress (for Griffith).

The story follows Tess McGill (Griffith), an ambitious secretary who pitches a profitable idea to her boss only to have her boss take credit. After her boss (Weaver) is out with a medical injury, Tess teams up with investment banker Jack Trainer (Ford) to make a big deal. Things get complicated when her boss comes back and discovers what Tess has been up to.

“Working Girl” was praised by critics upon release and became a box office success. It grossed over $96 million worldwide against its $13 million budget.

The idea for Working Girl came when writer Kevin Wade and producer Douglas Wick were in New York City together in 1984 and noticed throngs of career women walking to work while carrying their high heels (source).

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6. “Wall Street” (1987)

“Wall Street” is a 1987 American drama film directed by Oliver Stone and starring Michael Douglas, Charlie Sheen, and Daryl Hannah. The film tells the story of Bud Fox (Sheen), a young stockbroker who wants to make it big in the world of finance.

An eager and inexperienced stockbroker is willing to do anything to get ahead, including going through an unscrupulous shady corporate raider who takes the young-in-awe under his wing.

The movie was nominated for seven Academy Awards, including Best Picture and Best Actor (Michael Douglas).

A sequel titled “Wall Street: Money Never Sleeps” was released 23 years later.

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7. “Bonfire of the Vanities” (1990)

“Bonfire of the Vanities” is a movie that captures the class-consciousness of 1980s New York.

The film focuses on Wall Street and New York City’s stratification issues. In particular, it focuses on the Manhattan elite and how they are separated from other social classes in the city.

The film is based on a book by Tom Wolfe, who was inspired by his own experiences living in Manhattan during that time period.

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8. “Other People’s Money” (1991)

Other People’s Money is a 1991 American comedy-drama film directed by Norman Jewison and starring Danny DeVito, Gregory Peck, and Penelope Ann Miller. DeVito plays a ruthless businessman who buys companies and sells off their assets to make him rich.

Along the way, this corporate raider falls in love with the wife’s daughter, who is a lawyer. An avid lover of this woman, the corporate raider attempts to win her heart through legal maneuvering.

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9. “Glengarry Glen Ross” (1992)

Glengarry Glen Ross is a 1992 American drama film adapted by David Mamet from his 1984 Pulitzer Prize-winning play Glengarry Glen Ross. The film was directed by James Foley and stars Al Pacino, Jack Lemmon, Alec Baldwin, Alan Arkin, and Kevin Spacey.

“Glengarry Glen Ross” is a movie about the incentives of real estate salesman. This drama-filled movie shows what people will do to close a sale.

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10. “Barbarians at the Gate” (1993)

Barbarians at the Gate is a 1993 American drama made-for-TV movie based on the book of the same name by Bryan Burrough and John Helyar. The film was directed by Glenn Jordan and stars James Garner as H. Ross Perot, Peter Riegert as Henry Kravis, and Swoosie Kurtz as Ruth Harkness.

The film tells the story of a leveraged buyout between two Wall Street insiders who battle for control over a company. It is considered one of the best movies about Wall Street because it provides an inside look at how these deals are made.

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11. “The Associate” (1996)

The Associate is an American comedy movie released in 1996.

Investment banker Laurel Ayres (Whoopi Goldberg) is an associate for an investment firm who has great advice but doesn’t get the respect she deserves because she is a black woman.

Money is power, so she uses a white man as her partner. The protagonist has great advice but no one will take it seriously because she’s a woman of color with an African American sounding name. To prove her worth, the protagonist creates a fictional white male figure to be her business partner to make people listen to her more than they would otherwise.

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12. “Rogue Trader” (1999)

Rogue Trader is a 1999 British drama film directed by James Dearden and starring Ewan McGregor and Anna Friel. It is based on the true story of Nick Leeson, a British trader who caused £800 million or about $1 billion in losses through unauthorized trades in 1987, and his attempt to cover up his losses by falsifying account documents.

Nick reads in the newspaper that the company went bankrupt and then realizes the severity of his losses. Him and his wife then decided to go back to London, but Nick is arrested en route from Frankfurt. Finally, Nick is extradited to Singapore where he is sentenced to six and a half years in prison.

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13. “American Psycho” (2000)

American Psycho is a satirical psychological horror film that was released in 2000 and is based on the novel of the same name by Bret Easton Ellis.

The film stars Christian Bale, Willem Dafoe, Jared Leto, Josh Lucas, Chloë Sevigny, Samantha Mathis, Cara Seymour, Justin Theroux, and Reese Witherspoon. It debuted at the Sundance Film Festival on January 21, 2000, and was released theatrically on April 14, 2000.

American Psycho is a movie about Patrick Bateman, a successful Wall Street executive with an inner darkness that leads him to commit heinous crimes. The film has developed a cult following over the years and is now considered a classic. Additionally, it has made a strong presence in contemporary meme culture.

A direct-to-video sequel, “American Psycho 2” was released in 2002.

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14. “Boiler Room” (2000)

Boiler Room is a movie about Wall Street corruption. It stars Giovanni Ribisi, Vin Diesel, Nia Long, Ben Affleck, Nicky Katt, and Jamie Kennedy.

This movie is about a young man, played by Giovanni Ribisi, who ran an unlicensed casino, but wasn’t making the living his father, a New York City judge wanted. So, with the promise of being a millionaire, he becomes a stockbroker in a brokerage firm.

In fact, the brokerage firm was running Pump and Dump schemes – investment scams that involve artificially inflating the price of stocks before dumping them onto uninformed investors.

The movie was met with mixed reviews by critics but audiences seemed to enjoy it more. I mean it did star Ben Affleck.

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15. “The Bank” (2001)

This Australian movie “The Bank” is about finance software that predicts stock market trends.

This drama-thriller heist film was directed by Frank Oz and written by Paul Schrader. The critical response was mixed but praised its acting performances, particularly from Al Pacino and Jennifer Wright Penn.

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16. “The Pursuit of Happyness” (2006)

“The Pursuit of Happyness” is a 2006 American biographical drama film based on the life of Chris Gardner. It tells the story of how he rose from homelessness to Wall Street success. The movie was directed by Gabriele Muccino and stars Will Smith in the leading role. It grossed over $307 million worldwide, making it one of Smith’s highest-grossing movies. In 2006, Will Smith was nominated for the Academy Award for Best Actor for his portrayal of Gardner.

The movie is set in San Francisco, California, and follows Gardner’s trials and tribulations as he strives to become a successful stockbroker. Despite being homeless with a young son, he never gives up on his dream. The film finishes with him landing a job at Dean Witter Reynolds and becoming a millionaire five years later.

Although “The Pursuit of Happyness” is not technically about Wall Street, it is an excellent depiction of what it takes to be successful in this field – grit, determination, and perseverance in the face of adversity.

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17. “Wall Street: Money Never Sleeps” (2010)

Wall Street: Money Never Sleeps is a 2010 American drama film directed by Oliver Stone. It is a sequel to Wall Street (1987), which was also directed by Stone. The film stars Michael Douglas, Shia LaBeouf, and Carey Mulligan.

The movie begins with the release of Gordon Gekko (Michael Douglas) from prison, where he has been for eight years for insider trading and securities fraud. He immediately goes to see his future son-in-law, Jacob (Shia LaBeouf), who is now working on Wall Street. Gordon helps Jacob get back at the man who screwed his mentor’s firm over.

The movie covers the events leading up to the financial crisis of 2008 and explores how it affects individuals, society, and culture. The firm was highly successful at the box office earning more than $134 million worldwide.

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18. “Margin Call” (2011)

Margin Call is a movie about Wall Street and bankers. It is considered a classic, and it was released in 2011. The banker in the movie has created a financial model that shows the firm will be completely underwater, but before he can show anyone else, he gets fired. He hands his model off to a junior banker who then has to save everything from this one data point on his laptop in the middle of the night while everyone is asleep.

Everyone wonders if “Margin Call” is a true story. While there is no specific person or company name, it rings true of what happened in the 2007-2008 financial crisis.

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19. “Too Big To Fail” (2011)

“Too Big To Fail” is a 2011 HBO adaptation of the book by Andrew Ross Sorkin. The movie covers the 2008 financial crisis and follows bankers who meet behind closed doors with regulators to negotiate the federal bailout of the financial industry.

The film was able to feature a parade of stars who played different bank and investment bigwigs. While it’s based on true events, there are some dramatizations in order to make for a more compelling film.

It’s an interesting look at how Wall Street operates and what happens when things go wrong.

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20. “Cosmopolis” (2012)

“Cosmopolis” is a movie starring Robert Pattinson about an incident involving currency speculation. The plot of the movie is quite complicated and may leave viewers scratching their heads as to what just happened.

The protagonist, Eric Packer, is a Wall Street investor who finds himself in the middle of an unexpected incident while in New York City. His wife and lover are introduced throughout the story but it doesn’t make sense why they would be in New York City together.

This movie has a lot of intrigues that will keep you on your toes as you weave through his personal life and the emotional rollercoaster of trading!

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21. “Arbitrage” (2012)

“Arbitrage” is a movie about an ambitious hedge fund manager who tries to sell his company before anyone finds out he’s cooked the books. The plot involves a mistress accidentally dying in a car accident and its cover-up, with help from an unlikely source.

The movie is well acted and suspenseful and provides great insight into the world of high finance.

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22. “The Wolf of Wall Street” (2013)

The Wolf of Wall Street is a 2013 American biographical black comedy crime film directed by Martin Scorsese and written by Terence Winter, based on the memoir of the same name by Jordan Belfort. The film stars Leonardo DiCaprio as Belfort, Margot Robbie as his wife Naomi Lapaglia, Jonah Hill as Donnie Azoff, and Kyle Chandler as Patrick Denham.

This true story of Jordan Belfort, who starts his own company in the early 1990s and quickly grows their company – more importantly their status in the trading community on Wall Street. At the same time, so do their substance abuse and lies. Belfort is named the Wolf of Wall Street by Forbes Magazine. Soon after, the FBI look into Belfort’s trading schemes…

Now, you will have to finish the movie to see what happens.

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23. “The Big Short” (2015)

The Big Short is a movie about the 2008 financial crisis and Michael Burry’s role in it. It was directed by Adam McKay and stars the brilliant ensemble cast in this movie of Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt, and Marisa Tomei. The film was nominated for five Academy Awards, including Best Picture and Best Director (source).

Viewers praise the film for being entertaining and broad. It is among the top Wall Street movies.

Not many people are brave enough to go against the market trends and big banks except for Michael Burry. Who came out ahead on the big short in the housing market?

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24. “Money Monster” (2016)

George Clooney and Julia Roberts team up in this financial thriller as TV show hosts who are taken hostage at gunpoint due to an irate investor. There is a tense standoff taking place on live television.

The film was directed by Jodie Foster and received mixed reviews, but still did well at the box office.

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25. “The Wizard Of Lies” (2017)

The Wizard of Lies is a 2017 American biographical drama film about the fall of Bernie Madoff. Madoff’s Ponzi scheme was highly watched across the world as it was the largest spam in US history as he robbed at least $65 billion from unknowning victims. The film stars Robert De Niro as Bernie Madoff, Michelle Pfeiffer as Ruth Madoff, Alessandro Nivola as Mark Madoff, Nathan Darrow as Andrew Madoff, and Kristen Connolly as Catherine Hooper.

The film shows how the family of Bernie Madoff falls apart amidst the scandal.

“Bernie Madoff” is a biopic about the infamous Ponzi schemer who was jailed for orchestrating one of history’s largest financial pyramids. The film utilizes Robert DeNiro as Bernie Madoff, and tells the story from his perspective. Critics praised the film for being powerful.

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What movies are about Wall Street?

Picture of a street sign of Wall street for what movies are about wall street

There are a lot of great movies about Wall Street, but it can be hard to pick the best ones.

Some of our favorites include “Too Big to Fail,” “Boiler Room,” and “The Wolf of Wall Street.”

Which movie is based on stock market? Much Watch Ones

Picture of trading software for which movie is based on stock market.

There are many movies based on the stock market. Some of the most popular ones include “The Wolf of Wall Street,” “The Big Short,” and “Margin Call.”

These movies tell the story of people who have made or lost a lot of money trading stocks and other investments. They offer a fascinating look at what happens behind the scenes on Wall Street, and they can be very educational for anyone interested in investing.

What Are the Top 3 Hedge Funds Movies to Watch?

There are a number of great movies about Wall Street and the hedge fund industry. Some of the most popular ones include “The Big Short“, “Boiler Room“, and “Arbitrage.”

These movies offer a fascinating look into the world of high finance and provide an interesting perspective on the industry. Hedge funds can be very profitable, but they can also be risky. Watch these films to learn more about the risks involved in this kind of investing, as well as the rewards.

Best Finance Documentaries

Picture of a guy in a business suit for the best finance documentaries

Ever since the 2008 financial crisis, film buffs have been obsessed with anything related to Wall Street.

From the “Trader” to the “Inside Job”, Hollywood seems ready to take on the global financial sector.

We’ve compiled a list of some of the best finance-related documentaries available to watch.

1. “Trader” (1987)

In the 1987 film “TRADER,” Paul Tudor Jones II offers a highly charged look at what it takes to make it as a Wall Street trader. The film was shot before the October 1987 crash, so it is an interesting historical artifact.

It delivers a rarely seen view of this marketplace and explains the workings of this frantic, highly charged area. This film is important because it captures America as it nears the end of its 200-year bull market.

“Trader” is a fascinating look into the minds of traders and their thought processes. It provides an inside look at the strategies that traders use to make money and how they think about the markets. If you are interested in learning about trading or want to get a better understanding of how it works, then Trader is a must-read documentary.

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2. “The Trillion Dollar Bet” (2000)

The Trillion Dollar Bet is a documentary about a magic formula, specifically the Black–Scholes–Merton formula, which was dreamed to reduce risk in the stock market.

It is an interesting film because it portrays Wall Street in a way that many people have never seen before. As they started to use this “dream” formula, they started losing huge amounts of investments each day. The movie focuses on the rise and fall of hedge funds, with a specific focus on the 1994-1998 period when one of them went bankrupt.

The documentary will interest many people who are interested in finance, economics, and investing.

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3. The Corporation (2003)

“The Corporation” is a documentary film written by Joel Bakan, and directed by Mark Achbar and Jennifer Abbott.

Released in 2003, the film examines the nature of the modern corporation, considering its legal status as a “person”, and how this affects different aspects of corporate behavior. The film won numerous awards including at the Sundance Film Festival (source).

And check out the latest… The New Corporation: The Unfortunately Necessary Sequel

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4. Enron – The Smartest Guys in the Room (2005)

The film “Enron – The Smartest Guys in the Room” tells the story of Enron, a company that was involved in accounting fraud and created $30 billion worth of debts. Enron is often seen as an example of corporate corruption and the Enron incident is often considered the best example of that.

This documentary tells the story of how Enron became one of the largest companies in America before its collapse.

Critics reviewed the film positively and it also received good ratings from audiences.

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5. Wall Street Warriors (Season 1-3 | 2006)

If you’re looking for a reality TV series that will take you inside the fascinating and high-pressure world of Wall Street, look no further than “Wall Street Warriors”.

The show follows the lives of those working on Wall Street – from traders to investment bankers to hedge fund managers.

There are 3 seasons, with each season consisting of 26 episodes. So whether you’re looking for an hour of entertainment or you want to learn more about the financial industry, “Wall Street Warriors” has something for you.

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6. The Ascent of Money (2008)

The documentary traces the origins of money, credit, and banking throughout history.

The title is interesting because it provides a comprehensive overview of how money has evolved over time. The documentary also interviews experts from various financial backgrounds, which makes it an insightful watch for anyone looking to gain a better understanding of finance.

The Ascent of Money is a 2008 documentary film written and directed by Michael Lewis and won an International Emmy Award.

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7. Floored (2009)

The documentary focuses on the futures exchange in Chicago, and how digitization and computerization are changing trading floor practices. It features interviews with various traders who offer their insights into this rapidly-changing industry.

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8. Million Dollar Traders (2009) – Mini Series

These ordinary traders did better than the pros. Some of the best traders included a student, a soldier, and a single mother of 2 children. They may have lacked experience, but they made up for it with guts and determination.

The reality mini-series happens during the recession of 2008 – also known as not a great time to be a trader. As the market falls, the story becomes personal for many of these non-traditional traders.

In fact, this is similar to what Teri Ijeoma is doing today.

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9. Capitalism: A Love Story (2009)

Capitalism: A Love Story is a 2009 documentary film written and directed by Michael Moore. The film examines the financial crisis of 2007-2008 and the subsequent economic recession.

The criticism in Capitalism: A Love Story is clearly pointed at businesses that take risks for profit-led motives, with public funds ultimately securing the risk. For example, Moore interviews former Merrill Lynch CEO John Thain, asking how much money he made while his company was losing $8 billion per quarter.

Moore interviews many too financial gurus to ask the question – What is America’s cost for its love of capitalism?

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10. “Inside Job” (2010)

Inside Job is a made-for-television documentary about the Fall 2008 financial crisis.

This documentary tackles the 2008 financial collapse in a way that is easily digestible, featuring interviews with experts in the field of finance. The film takes a look at some of the factors which led to the Great Recession, such as deregulation and Wall Street executives going unpunished.

The film walks viewers through topics such as extreme consolidated power on Wall Street, questionable banking practices which helped create the housing bubble, and federal regulators’ bailout that kept most big banks afloat after the 2008 financial collapse.

The movie was directed by Charles Ferguson, and it won an Academy Award for Best Documentary in 2011.

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Most Acclaimed Wall Street Movies

Picture of a movie theater for the most acclaimed Wall Street movies.

Many people ask, is there any movie on stock market? In fact, there are plenty!

In fact, there is probably a new flourish of movies being made about the economic effects from 2020 onward.

These are the top Wall Street Movies you must watch!

What is your favorite movie about wall street?

Everyone will have their favorite pick!

Start a movie club and discuss which Wall Street movies. This is a great way to understand the impact of what is going on in the financial markets.

Which Must Watch Stock Market Movies are on Your List?

These movies and documentaries are incredibly informative to find out what is happening on Wall Street and how things are handled.

They offer great insights into what can happen when things go wrong on Wall Street. If you’re interested in finance or investment banking, I highly recommend watching these movies!

More Resources for You…

Know someone else that needs this, too? Then, please share!!

Source: moneybliss.org

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Winters in DC| Day trips from Washington, DC

Guest Post

As the temperatures rise and the days become longer, we all have a calling in which we need to indulge. We must eat and drink outside. 

Luckily, if you’re local to the D.C. area, or planning a visit during the warmer months, you can expect to have all your al fresco dining and drinking needs satisfied through one of the many rooftop and patio experiences in the area.

Each one has something unique to offer its guests – with everything from dog-friendly patios to picture-perfect views. Whether you’re an avid beer drinker, a lover of wine, or just in search of some tasty treat, you’re bound to find something in the list below that keeps you in the open air soaking in that sweet vitamin d.

Fig & Olive

Praised for its atmosphere, Fig & Olive offers a patio dining experience that feels luxurious at a reasonable price point. Fig & Olive is located in CityCenterDC where plenty of shops are just a few steps away, perfect for killing time while you wait for your table to be ready or for a post-meal stroll. The menu includes everything from small plates to seafood as well as pasta and more.

Colada Shop

Colada Shop is a renowned Instagrammer’s dream. The bright décor will draw you in and the delicious Cuban eats will keep you coming back. Complete with empanadas, sandwiches, coffee, and cocktails – this spot is perfect for any time of day. And best of all, the rooftop garden has happy-hour extending all night on Thursdays to provide you with the perfect, inexpensive way to kick off your weekend celebrations.

Fiola Mare

The outdoor seating section of Fiola Mare, otherwise known as The Kennedy Lounge, provides guests with a view of the Georgetown waterfront. Open for lunch, brunch, and dinner, this spot is defined as an Italian seafood eatery that is a must for the Georgetown area.

Iron Gate

Iron Gate’s green-covered patio comes complete with lights and exposed brick to make it feel like a fairy’s dining spot of choice in Dupont Circle. In the colder months, enjoy the warmth of their outdoor fireplace while you enjoy your deliciously prepared Mediterranean cuisine in a relaxed and whimsical environment.

Wet Dog Tavern

Wet Dog Tavern brings beer lovers and dog lovers together to drink and pass the time outdoors. Complete with lawn games and a long list of beers to choose from – everyone can find something they enjoy at this low-key hangout spot.

City Winery

Whether you’re going out on a gorgeous sunny day or a cozy rainy day – City Winery’s covered rooftop wine garden will allow you to enjoy wine of all types in all types of weather. Life music frequents this venue, but on the off days, you can enjoy wine and light appetizers while you relax in the open air.

Sauf Haus Bier Hall

If you’re one for the German drinking experience, then Sauf Haus Bier Hall is a must. Think your average beer garden, but on a roof with live entertainment. Don’t worry – there are plenty of giant pretzels to go around.

DNV Rooftop

For a variety of snacks and summery beverage choices (including adult slushies), head over to DNV Rooftop. This experience is all-inclusive, complete with a rooftop pool and a breathtaking view of the city. And if you drink too much or feel tired after a long day, you can stay in one of their luxurious rooms just a few floors down.

Perry’s

Who doesn’t love a good drag brunch? At Perry’s, you can enjoy that drag brunch atop their rooftop bar and seasonal terrace. Twinkling lights drape overtop of the patio so you can enjoy an excellent atmosphere while eating your sushi.

Embarking on the outdoor restaurant scene trail early will help identify the best spots to pass the longer days this summer. There’s something for everyone in the booming, diverse and distinct restaurant scene. Grab your mom, grab your brunch squad, and head out for a day of food and sunshine. 

GUEST BLOGGER

Lexi Carr

Lexi Carr

Freelance Writer

Lexi is a freelance blogger and a passionate renter. She loves change and relishes her freedom to move all over the world without the constraints of homeownership. When she’s not writing localized content, you can find her singing to her brindle Queensland blue heeler, Bruno.

Amazon and the Amazon logo are trademarks of Amazon.com, Inc, or its affiliates. Rental providers will not refuse to rent a rental unit to a person because the person will provide the rental payment, in whole or in part, through a voucher for rental housing assistance provided by the District or federal government.

Best Patio and Rooftop Restaurants in DC
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Best Patio and Rooftop Restaurants in DC
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Now that the weather is warming up, it’s time to take advantage by moving cocktail hour outdoors. These are our favorite restaurants in DC with amazing patios or rooftops.
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Source: blog.apartminty.com

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If you draw a paycheck, you’re due an extra $160 in January and February thanks to the Temporary Payroll Tax Cut Continuation Act of 2011.

What’re you gonna do with your windfall? Maybe not much. It’s pretty easy to miss $20 more in salary, especially if fixed expenses (groceries, insurance, child care, gasoline) keep going up.

Note: This is not a political column. I repeat: This is not a political column. I really don’t care what you think about the payroll tax cut. Please keep all your #$@!# dumb-o-crat policies or #$@!# con-man-servative hatefulness comments until a later date. Like, um, never. Get Rich Slowly is a personal finance site, not a flame-throwing political forum. Thank you for not foaming.

Technically you have two choices: Save it or spend it. I’d like to suggest a third: Save it or spend it intentionally.

You could go out to lunch a couple of times each week. You could treat yourself to $20 worth of cupcakes or ceramic clowns from the dollar store. Or you could convince yourself that each double sawbuck represents an opportunity to improve your life.

Which it does — if you look at it the right way.

If someone offered you $160 in cash, you’d probably grab it. (And if you didn’t, can I have yours?) But to some people, an “extra” $20 a week seems penny-ante.

Thanks to rampant ATM use, $20 bills have become the coin of the realm. I believe this has devalued them in the popular imagining — and there’s no denying that $20 doesn’t go very far these days.

True and Cumulative Costs

In particular, it doesn’t go very far if we fail to pay attention to spending. We grab a soda and some chips when we go in to pay for gas. We add a magazine and a few packs of gum at the grocery checkout counter. We always get popcorn at the movies because, well, we just do, that’s all.

It’s only $3, or $5, or $7. Besides, we deserve it.

That’s how some people get into trouble in the first place: By neglecting to frame expenses in terms of their true and cumulative costs. Dropping a few hundred dollars on a spur-of-the-moment weekend getaway is great fun at the time, but you may regret it if you can’t pay the balance in full.

The money you spent (and continue to spend, in the form of credit card interest) also is cash that can no longer be used in a smarter way, such as retirement or a pay-cash-for-a-car fund.

Let me be clear: I am not saying that you can never have any of the things you want. In fact, I am learning — slowly! — to spend a little money on myself. So if you’re in a position to drop that extra $20 per week on chai tea or sheet music, by all means drop it.

And if not? Make those temporary twenties work damned hard for you — and incidentally, their job might be to pay for something fun, such as frugal entertainment.

Pay It Down, or Pay It Forward

How can you put that money to work? Use it for the following:

  • Emergency fund. Not to belabor the obvious, but that $160 is a nice fund-plumper. And if you’re brand new at this, the sum is nearly one-third of the $500 that Liz Weston says you need in the bank.
  • Retirement. Put the money into your Roth IRA or whatever other fund you have. (Don’t have one? Let this be the seed money.)
  • College fund. Add an extra $160 to Junior’s post-secondary plan.
  • Pay down debt. One hundred and sixty dollars = a nice debt snowflake.

Shopping, if you must:

  • Nonperishables. Flour, sugar, dry beans, tuna, rice, canned goods, pasta, your favorite cereals — and give yourself bonus points for buying on sale with coupons. Your grocery bill will drop a bit for the next month or two as you eat your way through the storehouse. And if something unexpected happens (illness, car repairs, job loss), you’ll congratulate yourself on having a well-stocked pantry.
  • Pet supplies. When you see a screamin’ deal on food or litter at PetSmart or PETCO, stock up. Improve the sale price by paying with plastic scrip from a discounted gift card site.
  • Cut-rate couture. Watch for end-of-season sales on wardrobe basics you know to be durable and comfortable. You might not have to buy work slacks for a year or two. Or browse a thrift store or consignment shop — again, looking for clothing that’s well-made and flattering. What fun to see how far a $20 bill will go, especially on 50-Cent Day. (I’m referring to the price tag, not the rap star.)
  • Shoes. Use price-comparison and cash-back sites as noted above to find sale prices on your favorite make and model. I recently ordered three pairs of my favorite old-lady comforts for about $153 (minus the nearly $11 cash-back rebate).
  • Socks and undies. Bor-ing? You betcha. But elastic isn’t forever and your socks will eventually develop holes. When crew socks and tighty-whities go on sale, buy half a dozen or more of each.

For the health of it:

  • New glasses/contacts. Still squinting through those three-year-old specs? Discount eyewear emporia regularly offer coupons in newspapers and Valpak envelopes, and through online coupon sites like Savings.com and Retail Me Not. Oh, and stock up on contact lens solution when it goes on sale.
  • Vitamins. Aim for a three- or six-month stash of your favorite supplements. Use a price comparison website like Price Grabber or Cheap Uncle to find the best deals, and see if the lowest-priced merchant can be accessed through a cash-back shopping site like Mr. Rebates, Extrabux or FatWallet.
  • OTC meds. Restock your medicine cabinet with analgesics, bandages, antibacterial ointments, allergy meds and the like. You may be able to get these free or nearly so by combing coupons and rebates.
  • Dental work. Don’t have dental insurance? Me neither. But I regularly see social commerce vouchers and Valpak coupons for X-rays and cleanings. They cost $30 or less. A professional cleaning and a big-picture look at incipient problems may even save your life.

That’s entertainment:

  • Discounted movie tickets. Warehouse clubs sell them. However, you might get a much better deal through — yep — a discounted gift card site.
  • Annual pass. Museums, zoos, botanical gardens, opera, the orchestra — whatever floats your boat.
  • The Entertainment Book. It’s full of BOGOs for city attractions from art to boat tours. Buy it through a cash-back site for a rebate of up to 35% plus free shipping.
  • Condoms. Go ahead and snicker. But not having protection can be pretty damned expensive in the long run. I know a couple whose second child is on planet Earth because “we were out of birth control and decided to take a chance.” No, I couldn’t believe it, either.

Thinking ahead:

  • Warehouse club membership. Even studio dwellers might be able to buy in bulk if they’re creative about storage.
  • Go green. Replace some incandescent bulbs with LED or compact fluorescent bulbs and trim your electric bill. Faucet aerators and low-flow showerheads reduce both energy and water/sewer bills. If the commode in your abode is really old, consider a water-saving toilet.
  • Car care. Watch for sales on fluids (antifreeze, windshield washer, a case of motor oil, et al.), filters and replacement wiper blades. If your tires have receding treadlines watch for sales on those, too. (Don’t forget Craigslist. A friend bought four high-quality, nearly new tires for $100.)

Ant or Grasshopper?

The grasshopper generally has a swell summer: long days at the beach, trips to amusement parks, ice cream for breakfast. Meanwhile, the ant is weeding the garden, clipping coupons and hanging all his laundry to dry outside.

Once the temperature drops, the grasshopper is likely to regret his profligacy. The ant, meanwhile, has a storeroom full of pinto beans and tube socks. All the windows have been caulked, too.

Of course, it’s your money and therefore your decision. But try thinking of your $160 in ways like these:

  • One night at a nice hotel, or an extra chunk of fundage into your Roth. (Oh, compound interest, I’ve missed you so! Let’s never fight again!)
  • A couple of months’ worth of cable vs. new glasses. (What good is TV anyway if you can’t see it?)
  • Dinner for two at a nice restaurant, or some depth to your pantry.

One more suggestion: Split the difference. Get yourself $80 worth of truffles and apps and $80 worth of something less than sexy but ultimately beneficial, such as cat litter or dental X-rays. Even $40 will pay for a fair amount of decadence, especially if you use a coupon.

Source: getrichslowly.org

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Representative Maxine Waters, a Democrat from California and ranking member of the House Financial Services Committee.

Rep. Maxine Waters, D-Calif., who serves as ranking member on the House Financial Services Committee, said Republican-drafted legislation marked up by the committee Wednesday would “hamstring” regulators and expressed a desire to draft effective bills that would hold regulators accountable.

Bloomberg News

WASHINGTON — House Financial Services Committee lawmakers debated a number of bills in a Wednesday markup, as Republicans looked to limit some of the power of the Federal Reserve, and Democrats tempted their GOP counterparts with would-be bipartisan legislation. 

Republicans put forward a number of measures that would curb the federal banking regulators powers, after what the GOP sees as a failure on the part of the Fed to supervise Silicon Valley Bank. The panel will not vote on the bills or their amendments until the debate is finished, which is likely to continue late into the evening. 

Rep. Andy Barr, R-Ky., chairman of the Subcommittee on Financial Institutions and Monetary Policy,  introduced a large package made up of five separate bills. The package would require documentation and implementation “guardrails” when the Fed invokes its emergency lending facilities, increase reporting requirements for the Federal Deposit Insurance Corp. in its receivership and resolution activities for Congress, as well as require the Financial Stability Oversight Council to disclose its analysis used to determine the cost of any proposal related to systemic financial risk. 

“The recent bank runs and systemic instability reveal that the federal financial regulators are opaque and non-transparent to Congress and the American people, especially in emergencies, when the stability of the U.S. financial system is under threat,” Barr said. “There is a clear need for sunshine on those regulators, and enhanced accountability and transparency when their failures are really responsible.” 

One of the bills would also codify that the heads of banking agencies testify semi-annually in the House and Senate. Currently, only the chairman of the Fed is required to do so, and that the Treasury Secretary is required to testify annually. 

Yet another of the bills would also mandate that the vice chairman for supervision, a position currently held by Michael Barr, have experience working in or supervising banking organizations. Barr does not have that experience. 

Democrats opposed the package. Rep. Maxine Waters, D-Calif., the ranking member of the committee, said that the package would “hamstring regulators’ efforts to respond to and resolve due to bank failures.” 

“Specifically, this bill would make it harder to properly invoke a systemic risk exception, limit the effectiveness of the Feds emergency lending authorities and to top it all off, the bill includes an unscrupulous political attack on the current vice chair of supervision that makes him ineligible to serve in his current role,” she said. 

Waters said that the bill would slash the funding of the Financial Stability Oversight Council and the Office of Financial Research, and gut the ability of FSOC to receive advice from a panel of experts on climate change “in response to extreme MAGA Republicans’ ridiculous claim that climate change and diversity is what cause the banks to collapse.” 

“Nothing in this bill would address the root causes of the recent bank failures,” she said. “Instead this bill meddles unnecessarily with regulators’ tools and flexibility to respond in an emergency despite the fact that regulators have gone out of their way to make confidential supervisory information available.” 

Democrats offered a number of amendments to Barr’s bill and others debated at the markup that Democrats hoped could garner bipartisan support. Some of those included pausing bonuses or other discretionary income should a bank leave open the position of chief risk officer, along with requiring that the vacancy of chief risk officer be made public, and closing what Waters said was a loophole in Dodd-Frank that allows some banks to evade the law’s enhanced prudential standards depending on whether it has a holding company.

“Let me just say that not only have I found a loophole, this is an opportunity for you to get at those regulators you’ve been complaining about all day,” she said. “Make them do their job. I would not only like to talk with you, but you indicated you’re going to be talking to a lot of people about a lot of things. I just want to legislate and I want to legislate with you.” 

Lawmakers came closest to agreeing on an amendment offered by Rep. Al Green, D-Tx., that he said would “clarify that it is the sense of Congress that our community banks, including rural banks, community development financial institutions and minority depository financial institutions did not cause the crisis, yet may have been harmed by the crisis and certainly shouldn’t have to pay for the crisis.” 

Barr eventually said he would agree to work with Green on the measure after committee Republicans couldn’t figure out whether the amendment would apply to banks with more than $5 billion in total consolidated assets, or simply more than $5 billion in uninsured deposits — the threshold outlined in a recent FDIC proposal — or if would only apply to the current special assessment or future ones as well. 

“Mr Barr, I make an appeal to you to take advantage of this unique moment in time to bring the committee together so we can have unanimous consent to move forward with this piece of legislation,” Green said. 

Source: nationalmortgagenews.com

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Elevate your outdoor living.

A deck in your apartment offers a multitude of advantages, from enhancing your living experience to providing an outdoor sanctuary where you can relax, entertain and enjoy the beauty of nature. We’ve compiled 11 reasons a deck can elevate your living experience and some ideas to utilize this versatile space.

1. An extra space to decorate for holidays

Creativity through decoration is one of the most fun parts of being a renter. A deck is an extension of your apartment and serves as an extra place to show the holiday spirit. Whether that be Christmas lights on the railing or a Menorah in the window, a deck is a unique opportunity to get creative around celebratory holiday decorations.

decorating with personal touches on your apartment deck make balcony feel festive even with limited outdoor space

2. And a comfy place to entertain all summer

When the weather is nice, hosting an outdoor get-together is ideal. A deck offers a spot to host a wine night, grill-off or catch-up session with a friend. With cozy seating on the deck, an inviting atmosphere sets the stage for making memories and charming guests.

3. A people-watching spot

We’re all guilty of doing it, and for some, it’s a guilty pleasure. Seated in your own privacy on your deck, you’re able to soak up not only the sounds of the area below but the sights. Decks allow you to indulge in people-watching and observing the vibrant energy of the neighborhood you’re living in.

dog on a small balcony enjoys outdoor time in style

4. A place to spend time with your pets outdoors

Our furry friends mean so much to us and enhance our lives in countless ways. Balconies help enhance their lives too, providing a dedicated space where they can soak up vitamin D and play to their heart’s content. Additionally, the deck becomes a cozy spot where you can cuddle up with your pet, enjoying precious moments together in the fresh air.

a perfect lounge starts with chairs, plants and lighting to create a stylish outdoor sanctuary

5. Date night in your outdoor oasis

Spending time with your significant other is valuable time. Date nights are pricey and discovering new spots is tricky. A deck date night is a creative and cozy way to drink, dine and enjoy the presence of your person without ever leaving your apartment.

6. Gardening opportunities

If you have a green thumb or aspire to grow your own veggies and herbs, a deck addition is perfect for you. Between growing flowers to brighten your day or herbs to bring life to a meal, the growing opportunities are vast with a deck. Plus, you’ll enjoy the fragrant herb smells while you hang out outside.

a balcony space is perfect for grilling

7. Grilling and dining al fresco

Communal apartment grills are super popular, especially during warmer months. Skip the wait and utilize your apartment balcony to grill out and dine al fresco. An apartment with a deck easily transforms to your own private outdoor culinary haven with a grill and dining area.

8. Soak up the sun privately

Don’t have enough time to head down to the pool? Just want to enough a quick cup of coffee before you head to work? A deck solves these problems for renters, providing a convenient space for a quick sunbathing or a peaceful moment of relaxation.

9. Exercise and fitness space

Fitness classes are great outdoors. With most at-home workout classes and routines only requiring a small bit of space, an apartment deck serves as a perfect spot for a stretch. Also, the privacy provided by your apartment deck allows you to freely move and follow along with your workout without feeling restricted by crowded gyms or shared spaces.

entertaining and reading in your personal retreat all starts with a small outdoor space

10. Staycation escape

Utilizing your deck to escape and enjoy the sights and sounds of nature can really boost mental health, elevate your mood and enhance your overall living experience. Whether you want to stargaze, lose yourself in a book series or just take a breath of fresh air, recharging and reconnecting on your deck is easy.

11. Connecting with nature

There is an endless list of ways to connect with nature on your apartment deck. Installing birdfeeders, watching the sunrise and sunset, outdoor meditation and installing wind chimes are some of the ways renters can connect with the sights and sounds of the outdoors.

an apartment with deck can convert to a vertical garden or outdoor dining room -- or just a nice, relaxing place to sit

An amenity in the comfort of your own home

A deck enhances apartment living by providing a private outdoor space for relaxation, entertainment and connection with nature. It expands your living space and offers endless possibilities for personalization and enjoyment.

With a deck, you can fully embrace the joys of outdoor living while enjoying the convenience and comfort of apartment life. Ready to search for apartments with this perk? Start your apartment-hunting journey today!

Source: rent.com

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Discover the quintessence of luxury and style by exploring life in a city that embodies glamor like no other. Whether you have been a long-time resident, exploring homes for sale, or renting an apartment in Beverly Hills, CA, this Redfin guide unveils the myriad facets of living in this incredible city

From the illustrious shopping scene that hosts renowned global labels to a dynamic dining landscape featuring world-class culinary delights, the city delivers an unparalleled lifestyle. 

Get a taste of day-to-day life, encompassing fitness, leisure, neighborhoods, and health facilities, that the city thoughtfully curated. And for those times when you play host to visitors or wish to have a staycation yourself, delve into the iconic hotels that provide a taste of the celebrity lifestyle. So let’s get started. Whether you are a connoisseur of fashion, a lover of fine dining, or a seeker of unforgettable experiences, here are some of the top things to do in Beverly Hills.

Palm Tree-Lined Street Overlooking Los Angeles at Sunset

Luxury Shopping

Beverly Hills is home to a plethora of shopping destinations that cater to every style and budget, each offering a unique experience. 

The Albright Fashion Library 

The Albright Fashion Library, for example, is an exquisite gem for fashion enthusiasts—this curated fashion haven houses designer clothing and accessories.

The Golden Triangle 

The most iconic shopping area is The Golden Triangle, with Rodeo Drive at its heart. It’s easy to lose track of time while meandering through high-end shops like Saks Fifth Avenue, Zegna, Chanel, Stegano Ricci, and Richard Mille, to name just a few. From the latest fashion collections to luxury timepieces, these boutiques present the best of what the fashion world has to offer.

Young tourist woman in Los Angeles

Beverly Center

For those seeking a mix of high-end and more accessible brands, the Beverly Center is a must-visit. Here, you can explore a range of retail stores, including Burberry, Sephora, Steve Madden, and Tumi. With its vast selection and modern design, the Beverly Center ensures a pleasant shopping experience for every visitor.

The Grove and Park La Brea

Though not directly in Beverly Hills, The Grove and Park La Brea are just a short drive away and offer even more shopping opportunities. With its open-air layout, the Grove is renowned for its mix of popular retail stores and restaurants, while Park La Brea’s shopping district caters to a more eclectic crowd.

Palm Trees

Exquisite Dining

When it comes to dining, Beverly Hills is a gastronome’s delight. The city offers an eclectic array of dining options, from world-class establishments to quaint cafes.

The Golden Triangle

The Golden Triangle is more than just a hopping haven – it’s also a dining hotspot. The area’s restaurants offer a broad range of cuisine, from traditional Italian dishes to exotic Asian fare. Whether you’re in the mood for a hearty meal or a light snack between shopping sprees, The Golden Triangle has many options to satisfy your culinary cravings.

Spaghetti with vegetables, spinach and parmesan

Beverly Drive

Meanwhile, Beverly Drive is a treasure trove of foodies. Lined with a diverse selection of restaurants, it’s the perfect place for a relaxing brunch, a business lunch, or a dinner date. As you stroll along Beverly Drive, the tantalizing aromas wafting from the restaurants will whet your appetite.

Beverly Hills Hotel 

Another delightful dining destination is The Cabana Cafe at the Beverly Hills Hotel. Known for its al fresco dining, it’s a perfect spot to enjoy California cuisine amidst palm trees and sunshine. From their famous McCarthy Salad to their pizzas made with seasonal ingredients, The Cabana Cafe offers a unique, fresh, and enjoyable dining experience.

Honorable mentions

Famous MICHELIN Star restaurants in Beverly Hills include Nozawa Bar, Gucci Osteria da Massimo Bottura, and Maude.

Business professional networking over drinks

Ethereal Living

Living in Beverly Hills is an experience that encompasses much more than its glamorous reputation. While luxury indeed abounds, a wide array of lifestyle amenities and activities are available.

Gyms and fitness centers

Fitness enthusiasts will be thrilled with the city’s selection of gyms and fitness centers. Ranging from private boutique studios to larger, more comprehensive facilities, there are plenty of options to help you stay active and fit. Equipped with top-of-the-line equipment, classes for all levels, and skilled trainers, these gyms offer an inviting atmosphere that promotes health and well-being.

a man and a women cycling in a gym

Beverly Hills parks 

Beverly Hills boasts a collection of well-maintained parks for those who prefer outdoor activities, providing a refreshing oasis amidst bustling city life. Whether you’re looking for a serene spot for a picnic, children’s playgrounds, or a tranquil setting for a leisurely walk, the city’s parks cater to all.

Stroll through the various green spaces such as Beverly Gardens Park, Coldwater Canyon Park, Will Rogers Memorial Park, Roxbury Memorial Park, and more.

Beverly Hills neighborhoods

The neighborhoods in Beverly Hills each possess their distinctive charm. Whether you’re in the exclusive residential streets of The Flats, the lavish mansions of Trousdale Estates, or the hillside homes in the Beverly Hills Post Office area, you’ll find that each community exudes a unique blend of sophistication, tranquility, and charm.

MacArthur Park Los Angeles California - aerial view

Healthcare facilities 

Lastly, world-class healthcare facilities are a notable aspect of life in Beverly Hills. Cedar-Sinai Medical Center, one of the most renowned hospitals in the nation, is located nearby. Offering a wide range of services from primary care to specialized treatments, it’s reassuring to know that quality healthcare is just around the corner. 

Unparalleled Hotels

Beverly Hills is home to some of the most iconic hotels in the world, each providing an unrivaled level of luxury and service. So high-quality options are abundant whether you’re in town for a stay searching for your next home, have visitors, or are seeking a venue for various events and activities.

The Beverly Hills Hotel

The Beverly Hills Hotel, affectionately known as the ‘Pink Palace,’ epitomizes timeless Hollywood glamor. More than just a place to rest, the hotel hosts various events, from star-studded galas to intimate weddings. It’s an ideal choice for those seeking a memorable stay coupled with the chance to be part of the city’s vibrant social scene.

The Maybourne Beverly Hills 

The Maybourne Beverly Hills, renowned for its elegance and refined service, is a favored venue for business meetings and conferences. The hotel’s meeting rooms and event spaces have state-of-the-art facilities, ensuring a seamless experience for every corporate event. Meanwhile, the hotel’s prime location provides easy access to the city’s business and entertainment districts, making it a perfect base for business travelers.

Sunset and Beverly Road Sign With Palm Trees In Background

The Waldorf Astoria Beverly Hills

The Waldorf Astoria Beverly Hills exemplifies modern luxury. Besides its stunning rooms and suites, the hotel regularly hosts fashion shows, cocktail receptions, and other high-profile events, offering guests the chance to immerse themselves in the city’s dynamic lifestyle. Its rooftop lounge also provides a fantastic spot for socializing while enjoying panoramic views of the city.

The Beverly Wilshire

The Beverly Wilshire, made famous by the film “Pretty Woman,” blends historic charm with modern sophistication. Apart from being a great place to stay, the hotel is also a popular spot for upscale charity events and glamorous balls, providing opportunities for guests to engage with the community and contribute to worthy causes.

Source: redfin.com