There are two separate ways to define a recession in the U.S. The first is informal and widely used by the media, but not by professional economists or financial professionals. It is defined by two successive quarters of negative GDP growth.
Read MoreA growth company is one that is invests in itself for future growth (research, innovation, new products) and consequently, investors believe it has the potential for higher-than-average returns in the future
Read MoreVacation is perhaps the second most requested goal (besides retirement) for most Americans. The freedom to travel is something most people associate with happiness, security, and the type of adventurous lifestyle they aspire to have
Read MoreThe “big four” events that most people should prepare for first are: a loss of job or career, unexpected medical expenses, stock market crash, and death of a loved one. Life insurance is most useful for people with young children at home and/or a spouse dependent on their income.
Read MoreWhile the causes of inflation might seem far away to many, the effects are obvious to anyone shopping for groceries, buying a used car, or commuting to work. So how should the average person help protect and grow their assets during these periods?
Read MoreOver the past year, a huge number of new changes have been added to the SECURE act 2.0 bill, and I’d like to summarize many of the positive changes all investors and retirees should be aware of:
Read MoreA prolonged period of high energy prices would make inflation longer lived, and less “transitory” than had been expected.
Read MoreDo you get a big juicy tax refund each spring? Do you look forward to that refund and plan major purchasing decisions around its arrival? What if I told you if you are getting a large refund check that you are making a poor financial planning decision?
Read MoreConsumer spending and inflation patterns, labor market issues, and the relative valuation of stock to bonds suggest there is still growth potential for the global equity market in 2022.
Read MoreSaving for retirement is potentially even more important for small business owners or contractors because there is substantial risk and uncertainty when venturing out and building your own source of income.
Read MoreOne of the most common mistakes I see is retirees holding large amounts of cash with virtually no return each year. Inflation can erode the value of that cash quickly, and many people unfortunately run out of money much sooner than expected because of the choice to hold cash.
Read MoreMost Americans know that paying into the program during their working years will provide them with much needed flexibility and income when they are ready to retire. But is the social security program under threat?
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