Today, there is more money in circulation than ever before, which means there’s more money to be made. Who makes this money isn’t about luck or having a “secret formula”. It’s all about being clever, and knowing how to make your money work for you. Whether you’re new to the investing game, or you’re a […]
Category: Economy
What Changes are Coming in 2020 for Social Security?
A new year often brings slight changes to some of America’s most popular programs, and Social Security is no exception. The amount each beneficiary should expect to receive in 2020 will be slightly higher (like many years), after inflation adjustments. And taxes may affect different swaths of the population. The program is an important piece […]
Actionable Ways to Protect Yourself and Retirement from a Recession
With slowing global growth, trade wars, and inverted yield curves, it seems everywhere you look someone is talking about a recession. Will we have one? When? Will it be mild or severe? The only question anyone can accurately answer is the first one. Yes, we will have a recession. Recessions are part of normal economic […]
How The SECURE Act May Impact Your Retirement Savings Account
If you have money in either a IRA or 401K, you probably already know that eventually you’ll have to take that money out and pay taxes on it, if those accounts are Traditional retirement savings account. But the rules for taking required minimum distributions (RMDs) have always been confusing, especially because they require you […]
Building a Dividend-Centered Portfolio for Your Retirement
You may be familiar with the concept of portfolio diversification, and you may also be familiar with the concept of dividend investing, but do you know how dividend investing can help you create a more diversified portfolio? When you invest in dividend stocks, you benefit twice from both the dividend payment as well as appreciation […]
Responsible Investing While the Economy is Booming
Timing the market is usually a pretty bad idea. The market continues to hit new highs, which usually leads to even more money heading toward stocks. No one knows when the next bear market will start, nor do they know when it will hit its bottom. This means that it’s a pretty good idea to […]
Shaping an Investment Portfolio for The Coming Year
We enter 2018 in the midst of what has been reported as the second-longest running bull market ever. Accordingly, many investors are wondering how they should adjust their investment strategies. After all, given the age of the bull market and the high equity valuations it has produced, it would not be surprising to see it […]
Shaping Your Investment Portfolio for 2018
We enter 2018 in the midst of what has been reported as the second-longest running bull market ever. Accordingly, many investors are wondering how they should adjust their investment strategies. After all, given the age of the bull market and the high equity valuations it has produced, it would not be surprising to see it […]
Will The President’s New Tax Plan Impact your Retirement?
It was reported last week that Congress was considering the option of reducing the amount of income that Americans could save in their tax-deferred retirement accounts in order to partially pay for the President’s tax reform plan. For now, that idea is unconfirmed by the Trump Administration, but remains a concern for every-day Americans, […]
How Will the End of the Obama-Era MyRA Impact Retirement
On Friday the 28th of July, the Trump administration announced that they’re shutting down the Obama-era retirement program called ‘myRA’. The program was aimed at allowing mainly low-income earners, and also those who don’t have a savings program at their work a chance to save for retirement. The Treasury announced the program termination because […]