[contextly_auto_sidebar] For many people, the answer to the question, “What do you want to do when you retire?” may be very obvious. They have a clear plan for the hobbies they want to pursue or the trips they want to take, but for others, the answer might not be as clear. Planning for retirement is […]
Archive for November, 2015
Special occasions often call for gift giving: a graduation in May, a wedding in June, an anniversary in July, and birthdays throughout the year. Each event seems to sneak up on us — and our budgets. Retailers plan for holidays and seasonal sales, so why not do a little gift planning of your own? Here […]
As a single parent, you’re probably familiar with the dual challenges of managing a household and planning for the future on your own. But are you as familiar with the financial strategies that can stretch your income and help you get ahead? Consider the following lessons to help improve your family’s bottom line. Lesson #1: […]
With some $30 trillion poised to change hands over the next several decades from parents and grandparents to so-called Millennials — those 90-million-plus Americans aged 18 to 33 — the financial services industry will have its work cut out for it. Popular investing wisdom states that the younger you are, the more time you have […]
Recent stock market conditions in China present a classic illustration of the boom/bust cycle that periodically disrupts financial markets. While bubbles and subsequent busts occur in the investment world from time to time, there are typically some telltale signs to help investors recognize when there is trouble brewing. When Is a Bubble a Bubble? Most […]
The latest report on college costs published by the College Board brought some good news: The increases in tuition and fees for the 2014-2015 academic year were lower than the average annual increases in the past 30 years across all sectors included in the study. Yet even though college price increases are not accelerating, the […]
Stocks and stock mutual funds are often grouped according to size, or “market cap,” a term that represents the total dollar value of a company’s shares.1 Market cap is calculated by multiplying a stock’s price by the number of shares outstanding. For instance, if XYZ Corp. had a price of $25 per share and had […]
Americans are on the move, not only in their leisure pursuits, but in their jobs as well. According to the Bureau of Labor Statistics, about 38% of U.S. workers change jobs every year. If your employment situation changes, do you know what your choices are for managing the money in your 401(k) account? Generally, workers […]
Shares of common stock play a role in just about every investment portfolio. This article is for those who’d like to know more about where their savings might be invested. Here are the basics: Stock (sometimes called equity) represents ownership of a company, divided among the company’s shareholders. While any company can issue stock, only […]
Thinking of tapping the equity in your home to do a renovation, buy a second home, or consolidate debt? Before you decide which borrowing option is right for you, it’s important to understand the main differences between the two options. Home Equity Loan Home Equity Line of Credit (HELOC) Fixed interest rate for the […]