Blog
Prepping for the R-word
Becoming a Recession PrepperAre we headed for a recession? Probably. Maybe. Who knows?It’s better to be safe than sorry, especially when it comes to your financial future. So, I encourage my clients to be ready by taking five...
Read MoreThe Finance Fix for July: Recession, student loans, payment apps and more
THE FINANCE FIXHappy Wednesday. People who own their own business often refer to that business as their baby, but what happens when the baby is all grown up? And is a recession really coming soon? This month’s Finance Fix helps...
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Gridlock in the Supply Chain
While the world has begun to recover from the economic disruption of the COVID-19 pandemic, the delayed reaction has been felt in the supply chain. Industrial shutdowns around the world slowed production to a relative crawl, leaving...
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FANNG is now MAMAA
CNBC’s Mad Money host Jim Cramer created the popular FAANG acronym to denote some of the largest, most powerful companies in the world: Facebook, Amazon, Apple, Netflix, and Google. Recently, changes in those companies are...
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2022 Contribution Limits
Preparing for retirement just got a little more financial wiggle room. This week, the Internal Revenue Service (IRS) announced new contribution limits for 2022.Staying put for 2022 are traditional Individual Retirement Accounts (IRAs)...
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Teenage Wage-Land
Summer jobs are a perennial aspect of the American workforce. It’s a time when teenagers are filling out applications and, in many cases, earning wages of their own for the first time. But some of what we’ve become...
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Ramadan Kareem
Ramadan is near. The month of spiritual reflection and renewal, which often takes the narrow path, we see the simple beauty of life anew and affirm the true priorities of life. I wish you and your loved ones a blessed and peaceful...
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Inflation Boogeyman
Inflation has emerged as one of the top financial concerns for investors as they size up the economy for the rest of the year.According to research by Deutsche Bank, Google searches for “inflation” are rising rapidly and...
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Weekly Market Insights: Stocks React Sharply to Bonds, Inflation
Stocks were mixed last week as rising bond yields and heightening inflation fears sent stocks on a wild ride, capped by a remarkable Friday afternoon rally.The Dow Jones Industrial Average gained 1.82%, while the Standard &...
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The Shadow of Inflation
I’m sure you’ve heard that the House recently passed the Senate another round of stimulus to try and counteract the economic effects of the COVID-19 pandemic. The new stimulus package could narrow income eligibility to...
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SPACs Take Center Stage
The acronym “SPAC” is showing up more often these days because there is some big money behind the revitalized investment approach.SPAC stands for Special Purpose Acquisition Company, and they are sometimes referred to as...
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Changing Jobs, Changing Times
Recently, Jeff Bezos, one of the wealthiest people in the world, announced he would take a different role at his company. Corporate moves make the news all the time, but for the largest companies, the story can jump from the business...
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Will the Grinch Steal Christmas?
The start of the holiday shopping season can provide important clues about the economy's state and, more importantly, overall consumer confidence. So far, the results have been a “mixed bag” with empty malls and busy...
Read More3 Characteristics to Look for When Hiring a Financial Advisor
Meet some people who finally hit the wall and hired a financial advisor. · A couple that started fighting about how much to spend on a long-awaited vacation, weren’t sure how much they could afford and then blew their...
Read MoreWhat the Gym Can Teach Us About Money
In high school, I became so obsessed with exercise and getting in shape that I read everything I could on the subject. I went on to get a college degree in fitness and obtained national certifications for personal training and sports...
Read MoreCould I Be My Own Financial Advisor?
With an abundance of low-cost mutual funds and personal finance websites out there, most of us are going to ask the question at some point: Do I really need to hire a financial advisor? If I play it safe and save a lot, isn’t...
Read MoreThere's a Good Way to Worry About Money. And a Bad Way
3 Tools for Taking Control of Your Money and Keeping Your Anxiety at Bay When it comes to money, you are not always in control. Variables can include wild swings in the stock market or how much your home appreciates each year. I've...
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Dow 30 Changes Its Starting Lineup
The Dow Jones Industrial Average (DJIA), one of the most widely followed stock market indices, has made some key changes to its starting lineup.Salesforce.com, Amgen Inc.and Honeywell International Inc. have replaced Exxon Mobil Corp....
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Race for a Vaccine
A U.S. drug company recently said that it’s in late-stage trials for its coronavirus vaccine and reported that it could be given to Americans as early as the end of the year.1Great news. But it seems like every few days...
Read MoreSeptember 14, 2020 - Stocks Continue Downward Slide
The Week on Wall Street Stocks traveled a volatile path last week as investors appeared concerned about the upcoming elections, an uncertain economy, and more delays with additional fiscal stimulus. The Dow Jones Industrial Average...
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