Rather than trying to react to market mood swings by switching up your investments, here are 16 actions you can take instead. Each is within your control, and any of them can add real value to your financial well-being.
New legislation has passed. Discover what has changed and how it could make a major impact on your retirement savings.
What a year it’s been. Remember December 2018? As The New York Times reported at the time, “Stocks plunged in December [2018], posting their worst monthly loss since the financial crisis and the worst December since 1931 and the Great Depression.”
Show your kids the importance of giving back during the holiday season with these 10 fun and simple ways to help those in your community.
Preparation, a trusted guide, and perseverance—all made a significant impact as my wife and I climbed the majestic Mount St. Helens. Since one has to purchase permits many months in advance, we picked August 2nd for the big day. For those who live outside the Pacific Northwest, early August usually ensures a high probability that it will be warm and, more importantly, dry! The perfect conditions one would hope for when climbing the 8,365 foot summit.
Beginning in December 2016, the U.S. Federal Reserve (the Fed) had been gradually ratcheting up the federal funds rate, until it reached its December 2018 level of 2.25–2.50%. Effective August 1, 2019, that changed: The Fed lowered the federal funds rate by a quarter point, to 2.20–2.25%.
Amid tariff wars and temporary truces, Brexit bewilderment and historic Hong Kong rallies, the global thermometer isn't the only gauge that may leave you and your investment temperament reeling between cooling chills and hot thrills this summer.
In today's climate of one-page financial plans, bargain-basement fund pricing, and automated investment management tools, you may wonder whether you still need a living, breathing financial advisor.