As of the most recent consumer price index (CPI) reading on Aug 10, inflation came in at 8.5% annualized. While the rate has come down from the 9.1% reading in June, it remains to be seen if this is a temporary step in the right direction or if inflation has in fact peaked. Any way you slice it, Americans are experiencing the worst level of inflation since the end of 1981.
Read MoreThis is a quick update for our readers about what the markets are doing and what our outlook is.
Read MoreOn average a 65-year-old couple will spend about $300,000 on health care throughout their retirement, therefore it is one of the most common worries for those nearing retirement. This can be such a worrisome topic, that some affluent people may opt to delay retirement and continue working - just so they have medical coverage until reaching Medicare age.
Read MoreMarkets delivered exceptional performance in a year that had a little bit of everything: politics, bubbles, meme stocks, inflation, runaway rallies, and sudden drops. Let's take a look at how markets performed last year and what we expect will happen in 2022.
Read MoreAre you planning to live in a foreign country? If yes, you’re one of the many U.S. citizens who want to leave their native country for greener pastures or lower costs of living abroad. They learn from many expats that living in some countries can be a great way to save and make money.
Read MoreHomeowners in a seller’s market face a conundrum. On one hand, their home is worth more than it has ever been. But on the other hand, if they decide to sell it and buy a new one, they’re going to face stiff competition. You can expect high prices in a competitive housing market where homes are selling in record time. It can be tricky to know exactly what path to take. Should you buy a house before selling your current home, or should you sell your house first then buy?
Read MoreOwning a condominium is sort of the “cousin” of renting – and many in the Jacksonville area choose to own a condominium instead of a stand-alone home. In this article, Kath discusses using government loans to finance a condo – an option many people did not know exists.
Read MoreDuring times of market or economic uncertainty – when we are not sure what will happen to our 401K balances or if we will still have a job at the end of the coming quarter. One thing that is for sure to happen, almost every “news” outlet gets covered by headlines: “Best 10 stocks to own during a recession” or “Best Recession Proof Stocks” or my favorite “How to make money during recession”.
Read MoreWith that in mind, we created a 5-page powerpoint style guide that explains how Public Service Loan Forgiveness (PSLF) works.
Read MoreAn important aspect that applies to all is that the funds you buy or sell are potentially subject to trading commissions, which are charged by your custodian (e.g. TD Ameritrade or Fidelity).
Read MoreFrom pre-approval to interest rates and mortgage insurance, determining and understanding what mortgage suits your needs can be a difficult and complex task
Read MoreBuying a house, especially for first time homebuyers, typically begins with a sense of excitement. However, without a good plan and team around that buyer, that initial excitement can quickly turn into an overwhelming process.
Read MoreSure planning a family has always been a "thing." However, such a decision in today's world is putting a heavier burden on the next generation of young adults than ever before.
Read MoreA much more enviable position to be in is when someone can simply write a check when the rainy day arrives. Having the ability to do so is much less stressful than being forced to borrow at double-digit interest rates.
Read MoreCOVID-19 discriminates against no business, colleges included. Colleges have been put in a tough place financially and now are scrambling to figure out how to stay afloat in the wake of the pandemic.
Read MoreMany young professionals with both student debt and a house find themselves carrying 2 mortgage-like payments.
Read MoreAmericans have a great track record of pulling together when it matters most. It is time to do it again. More importantly, I want to thank all of the people on the front lines helping us fight this deadly virus.
Read MoreWhen used properly annuities can be a useful income solution to take the pressure off of withdrawing a higher percentage of money from growth-oriented assets that often carry higher volatility and drawdown risks.
Read MoreThe Price-to-Earnings ratio, commonly called the P/E ratio, can be defined as a company's stock price divided by its earnings per share from the previous 12 months.
Read MoreIf the average investor only knew the truth, they would care less about where the Dow finished the year and leave it up to the financial professionals and historians.
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