As the partisan storm increases in intensity, you might be tempted to make changes to your portfolio because of how you believe a short-term event like an election will impact the financial markets.
Talking about net worth also brings a harsh reality check.
According to a survey by Standard & Poor’s, only 57% of U.S. adults are financially literate.
I’ve never needed a hobby so badly in my life. It’s not that I have tons of free time that needs to be filled; instead, I need something to divert my brain’s attention when I’m not at work or spending quality time with my family. Left unaddressed, my brain triggers into fits of work spasms […]
This initiative is meant to reaffirm McDonald’s commitment to value, a foundational element of its brand identity.
Said in a different way, what if you returned leftover resources to the community pool?
In February 2022, the IRS issued proposed regulations, stipulating that IRA owners subject to the 10-year rule were also subject to a required minimum distribution (RMD), as well.
A stakeholder is any person or entity that has an interest or concern in the direction of an enterprise.
But you do have the ability to know a lot more things about your financial life than you are currently attempting to know.
The Peak Boomers Impact Study details how most of the individuals in the last segment of the baby boomers are not financially prepared and cites different factors that contributed to their precarious financial position.
The challenge is determining an “appropriate,” or responsible, level of debt or leverage.
Dear Pete, I’ve started to look through some of my elderly father’s investments, and I’m finding myself in shock over some of the products he has been sold. Between high investment management fees, long surrender periods on annuities and inappropriate levels of risk, my head is spinning. What do I do? Do I file a […]
Financial self-defense is about increasing your financial literacy and confidence in making sound money decisions. It is also about knowing enough to ask questions and not take statements at face value.
Given the many inconveniences in our personal finances, it’s surprising there’s not more focus on how we respond to negative outcomes.
In a famous exchange from Ernest Hemingway’s “The Sun Also Rises,” one friend asks, “How did you go bankrupt?” To which the friend replies, “Two ways. Gradually and then suddenly.”
I think sometimes people forget that business relationships are still relationships.
A digital estate plan is important to maintaining access to treasured photos, stories, and communication for loved ones.
Even though I have set money aside along the way, my lifestyle, like that of many Americans in that same stage, continued to ratchet up.
Risk is the permanent loss of capital invested or loss of purchasing power from inflation.
And whether you care to acknowledge this or not, the order in which the ups and downs occur hasn’t previously mattered to you because you’ve been in the accumulation phase of your investing experience.
