There is certainly a disconnect between what is taught to kids (and teenagers) about finance, and what skills they need navigating insurance, investments, budgeting, work benefits and other real-world topics.
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Financial planning plays a critical role in maintaining a healthy and harmonious relationship. However, it's no secret that money matters can often become a source of disagreement and tension for couples.
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To protect yourself, it’s always important to use FDIC insured bank accounts, SIPC insured brokerage accounts, and to also use accounts that purchase additional private insurance over and above those coverage limits.
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I considering artificial intelligence to be a piece of the “investing in innovation” category, where new technology…(is) poised to create entire new sectors of financial growth in the coming years.
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Therefore, it’s important to carefully consider your financial goals for 2023 and how they relate to your personal situation. Success means different things to different people.
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Understanding your investment baskets and putting the investment items in the right order is a critical part of saving for retirement and growing your wealth for the future.
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For most people, benefits include greater control of the assets, consolidation of accounts, availability of a wider range of better and cheaper funds, lower fees, and more flexibility.
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A “bear market” is defined as a 20% drop in investment prices from some recent high. For example, the Dow Jones Industrial Average or NASDAQ can individually be in a bear market, though the term is often used to refer to the market as a whole.
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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.
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A 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
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Vacation 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
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The “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.
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