Have you ever gone shopping for a cell phone and get the sense the salesperson you were dealing with was overzealous about a particular brand?
Ever felt pushed hard toward a certain brand even though you perceived it as being inferior to other available options?
The salesperson shouted from the rooftops about all the benefits of such and such phone while tearing down a competitor’s phone. Meanwhile, drawbacks of the featured phone were completely ignored.
Which investment does 145 years of data prove to be better?
Every asset class and company has their reasons for why they are unequivocally the correct choice for investors. In an environment like this, it is natural to become distrustful and overwhelmed.
Many fall prey to the common misconception that setting up an IRA and investing money in it will ensure you will be taken care of when retirement rolls around.
The sad truth is, just because you fund an IRA doesn’t mean you’ll have enough to retire with when the time arrives. The fact is, many households (35%) do not even have a retirement savings plan such as an IRA. The ones that do have retirement plans underutilize them.
Aging is inevitable, and part of the American Dream is to be able to retire when we reach our golden years, or earlier, with financial security.
One of the hottest topics in the financial world is passive income. It seems like almost everyone in this space is reading, writing, and working towards it. So what exactly is passive income? In short, passive income is cash flow generated from investments without you actively working for it. It is essential for generating wealth and financial security.
Real estate pundits love to talk about millennial population trends and how to tailor your investments to profit from them.
One of the most common examples is younger people plan to rent rather than buy, at least in the near future. What almost nobody is talking about, yet, is the fact that many Baby Boomers are set to follow this same trend and here’s why…
Historically, interest rate uncertainty and stock market volatility have gone hand in hand.
This has proven true in 2018 where the Fed has raised rates three times, in March, June, and September by a quarter of a point each time.
The surprise of the three increases along with the uncertainty of future rates has contributed to significant stock market volatility, with October of 2018 being the most volatile October in over a decade.
Social justice warriors dominate the 24-hour news cycle by seeking to right one social injustice or another. Lost in all the shuffle is another form of injustice, financial injustice.
For too long, Main Street investors have given up their power to Wall Street investment advisers, mutual funds and pension plans. Lulled into believing that if they place their hard-earned cash with one of these many Wall Street money managers, their retirement security is virtually assured and they have no worries.
In the late 90’s, one of my best friends finally finished his graduate program and was in search of a job in finance. The result of all of his hard work was a new gig as a financial advisor at Goldman Sachs, one of the biggest names on Wall Street.
Though he didn’t stay long, he learned almost everything there is to know about the financial industry. Some of those things helped him later on in life, but most of them just made him skeptical about what role Wall Street plays in our society.
Many things define this decade, but one of them is a significant shift in American attitudes towards homeownership. Years ago, owning a home was one of the paramount goals of every young adult. They saw it as a place to…
When the recession hit in 2007, a multitude of disastrous consequences followed. People had to sell their homes, watch their wealth disappear, and many lost their jobs. There is no doubt that economic downturns are tragedies, but for some investors,…