Could you end up paying for your parents’ nursing home care? Ever hear of “filial piety”? How about “filial support”? You may be unfamiliar with these phrases – and the laws based on them. A recent, notable court ruling has brought filial support laws back into...
A more positive view of the economy equals a big negative for Wall Street. The end is in sight for QE3. On June 19, the Federal Reserve let investors know that “easing without end” will eventually end, perhaps as early as mid-2014. Wall Street had anticipated...
WEEKLY QUOTE“Quality is not an act, it is a habit.” - Aristotle WEEKLY TIP Give the quarterly investment statements you receive more than a glance. If there is a mistake, you have a chance to spot it now instead of having to find it later. ...
What the acronyms signify & what affects investors. Dow. NASDAQ. S&P 500. Fear index. NYSE. Commodity prices. Earnings. Economic indicators. These are the gauges and signposts of investing, but if you stopped most people on the street, you’ll find they have only a hazy understanding of...
WEEKLY QUOTE“Patriotism is easy to understand in America; it means looking out for yourself by looking out for your country.” - Calvin Coolidge WEEKLY TIP A dollar available now is worth more than a dollar available in the future – not just because of long-term inflation,...
There is no simple answer, but consider some factors. You save for retirement with the expectation that at some point, you will have enough savings to walk confidently away from the office and into the next phase of life. So how do you know if you...
A classic mistake that can come back to haunt you. Have you invested too much of your 401(k) in company stock? This can happen – and you may not be fully aware of it. Back when corporations offered traditional pension plans, the federal government watched out for...
WEEKLY QUOTE“We are an impossibility in an impossible universe.” - Ray Bradbury WEEKLY TIP You can’t control what happens with interest rates or stocks in the future; you can control the amount you save for retirement. Boosting your personal savings ratio may bring you closer toward...
WEEKLY QUOTE“It is not fair to ask of others what you are unwilling to do yourself.” - Eleanor Roosevelt WEEKLY TIP Remember that a major life event may mean a change in your retirement, tax or estate planning approach. WEEKLY RIDDLE There is a word that starts and ends...
If the central bank ceased easing, could stocks continue their ascent? Could this bull market last with less help from the Federal Reserve? Is it propped up by the Fed’s stimulus, or strong enough to sustain itself if the central bank reduces its efforts? Some factors...