The economy is doing better than many analysts thought, but it’s still on shaky ground. Several banks have failed, interest rates are rising, and many big tech companies have laid off thousands. It may not be a recession, but there are definitely many investments experiencing a “dip” or temporary low value. This leads to the cry of “buy the dip,”
Traditionally, stocks are considered higher risk and bonds more safe. You might have built a portfolio based around stocks and bonds, with the percentage of bonds a sign of how much stability you want in your investments. Bonds certainly aren’t prone to dramatic crashes like individual stocks may be.
However, some have credited the Silicon Valley Bank crash to an
If a person saves ten dollars a month, it’s easy to see how the amount in their account will grow steadily and consistently. While that’s great, what’s more impressive is watching exponential growth due to investment. When you earn interest on the amounts you save, the growth of your account speeds up the longer you save! This webinar explains the
College can make a huge difference in your child’s life, but going into debt for it may set them back. The more you can save for them before they start college, the less they will have to borrow. This webinar addresses three main types of savings vehicles: 529 plans, custodial accounts, and irrevocable trusts. Darcy Smoot, a chartered financial analyst
Have you ever had a rough day on the job and thought that early retirement sounds pretty good right about now? Retiring early sounds appealing to most people. Less stress. More time to travel, tackle your bucket list, and see the grandkids.
I’m 63, and I’ve already retired a couple of times, with each one looking a bit different. I’ve
If overwork and tight deadlines have left you stressed and exhausted, you may be dreaming of your next vacation. But can you afford one in this economy? While cruises sound expensive, they can be surprisingly affordable. This webinar addresses money-saving tips, cost comparison between cruises and land vacations, and finding the right cruise for your family. Denise Williams, vacation specialist,
Last week, Silicon Valley Bank, nicknamed SVB, experienced a bank run which collapsed the bank and threatened the deposits of thousands of individuals and businesses. Most of us are comfortable trusting the banks where we keep our money, but events like this leave that trust shaken. How could this happen, almost a century since the bank runs of the Great
A good relationship with your lenders is important. You depend on them for liquidity and, in turn, they (rightfully) expect you to be forthright, timely, and capable in your communications regarding your financials. With that in mind, today’s newsletter looks at some “Do’s and Don’ts” when working with your lenders. Read more…
The post Tips On Keeping Your Lender(s) Happy
If seeing “recession” in the headlines makes you worry that your retirement is about to be ruined, you aren’t alone. The fear makes sense because a recession often means a downturn in the stock market. The big question is: What should you do about it? Move your investments to cash and wait it out? Go back to work for some
Time and again, when I have discussions about DEI the “D” component goes to race or gender, often as separate elements.
Sexual orientation might be the third piece, but it is usually a bit behind the first two. Race, gender and sexual orientation are absolutely important diversity demographics, but they are by no means the only ones. And none