Personal Finance
Many older Americans die in debt. But their debts lives on — and those debt levels are on the rise. The average debt of American households headed by someone 75 or older was $36,757 in 2016, according a recent report by the Employee Benefit Research Institute. That was 21% more than the average of $30,288 […]
Thanks to a long-running stable interest rate climate, holders of low-grade corporate debt — so-called “junk bonds” — enjoyed higher returns while assuming relatively minimal additional risk. Now that the Federal Reserve has announced its intention to raise rates, though, the good times for high-yield bonds may be over. Recently, investors have become increasingly leery […]
For the past 10 years, the Federal Reserve’s fiscal policy of easy money helped fuel booming stock and bond markets. Since 2009 the value of the S&P 500 Index of large U.S. stocks has close to tripled. Meanwhile, interest rates remained at historically low levels. The Fed now is signaling an end to the era […]
There is no way around it, we live in a status-driven society. Whether that is owning the newest Gucci purse or buying a shiny new car, people judge other people by what they own or don’t own. Personally, I hate it because it causes so many people to make poor financial decisions in life, only […]
Several states and retirement plan advocates are supporting passage of a plan to allow state governments to offer retirement plans to workers not covered by 401(k)-type workplace plans. The plans would be run by the state but offered through small businesses that normally cannot effectively manage a 401(k). Deductions from worker paychecks would fund the […]
Big bets on bitcoin and other cryptocurrencies are too risky for retirement investors, but a little digital money can hedge against declines in the values of other nest-egg assets. Bitcoin is the most widely held cryptocurrency, but its volatile value makes bitcoin unsuitable as a long-term investment, according to David Twibell, president of Custom Portfolio […]
Technological changes over the last two decades have transformed the way people live and work. They’ve also impacted the way people perceive investment risk, according to new research. A recently published research paper that shows a connection between technological disruption and the substantive changes that have taken place in investor behavior. Researchers Stavros Panageas at UCLA […]
We live in a fast-paced world. This motivates many people to automate menial tasks, including investing. That may work for a while, which gives you a false sense of security. This false sense then may entice you to commit more capital than you should. If it works for $100 trades, it should work for $1,000 […]
<–Advertorial–> Disclaimer: The value of virtual currency may change substantially in a short amount of time. There is an epic war being staged right now against you. That’s right, a literal war. The two largest internet companies are censoring the most important information that you need to see. The major problem with this, is that […]
For the 40 million retired workers in the United States there is no social program that is more depended on than Social Security. Sixty-two percent of retirees count Social Security as half of their monthly income. As policies and the economy continue to reshape Social Security it is essential for all Americans to stay on […]
