In an age where 24-hour news cycles and breaking updates ping our smartphones by the minute, one cannot help but notice a recurrent theme in financial media: the obsession with economic doom and the end of the world as we know it. From market crashes to currency collapses, these apocalyptic predictions have become as predictable as the morning’s sunrise. But why? And should investors really be on high alert? Read More
Many investors look ahead to certain events in their lives as they plan their retirement. These are mostly age-based milestones, the times when investors make financial decisions that will affect their retirement for better or for worse. Read More
Investing your hard-earned money is much like navigating a labyrinth; exciting, unpredictable, and occasionally a wee bit terrifying. However, it’s the allure of potentially striking gold that drives us to venture into the maze, often leading to some, let’s say, less than stellar decisions. But, what makes us justify our bad decisions in investing? Read More
Finding yourself surprised by the rising costs of everyday purchases? You’re likely coming face-to-face with the economic phenomenon known as ‘sticky inflation’. Read More
You’ve probably heard the phrase, “There’s no such thing as a free lunch,” but when it comes to tax-deferred retirement accounts, it might seem like the government is offering just that. A closer look, however, unveils an intriguing retirement strategy that benefits both parties: the individual saver and the government. It’s a tale of tax-time savings for you and eventual tax revenue for Uncle Sam. Read More
In the golden years of life, financial stability is paramount to maintaining your lifestyle and achieving true financial independence. Retirement planning plays a crucial role in securing this comfort, and the key to a successful retirement plan is a reliable, guaranteed income. While growth through investments such as the stock market is essential, they should not be the sole focus. Without a steady stream of income, retirement could be more of a challenge than a reward. Read More
While the stock market is fundamentally an investment platform, certain investors approach it more like a casino than an investing (wealth creation) tool. While they are both fundamentally different, the misuse of the stock market can often blur these lines. Read More
In the complex world of stock markets, understanding the forces at play can be a challenging task. Among these forces, one topic that piques interest and raises eyebrows is stock market manipulation. With the democratization of stock trading and the rise of technology such as high-frequency trading, the question of stock market manipulation, particularly in the short term, becomes more pertinent. Read More
The Federal Reserve is currently developing a new instant payment system called FedNow. This service aims to enable banks and financial institutions to offer real-time payments to their customers, allowing for the instant transfer of funds 24/7. FedNow could have a significant impact on how individuals manage their money, as it will make it easier and faster to send and receive payments, pay bills, and transfer funds between accounts. Read More
Divorce is always a difficult and emotional experience, but it can become even more complicated when it happens during retirement. Not only does a divorce in retirement affect your personal life, but it can also have a significant impact on your financial future. Retirees who have carefully planned for their golden years may suddenly face unexpected changes in their financial situation due to a divorce. Read More
