Your financial future is up to you … and no one else. Will this be your future? Did you know that Social Security income represents two-thirds of income for women 65 and older? Did you know that without Social Security, an estimated 58% of widows aged...
Here are some things to consider. Be sure you understand your options. When the owner of an IRA passes away, his or her heirs must be aware of the rules and regulations affecting the inherited IRA. Ignorance could lead you straight toward a tax disaster. Please note...
WEEKLY QUOTE“Learn from yesterday, live for today, hope for tomorrow.” - Albert Einstein WEEKLY TIP If you own a house and have children, you should at least have a will, and preferably an estate plan. WEEKLY RIDDLE All around yet can’t be seen, has no throat but...
Shouldn’t it be rising with all this bond buying? Consumer inflation just hit a 50-year low. So indicates the Federal Reserve’s preferred inflation gauge – the Personal Consumption Expenditures (PCE) price index maintained by the Bureau of Economic Analysis.1 Besides tracking consumer inflation, the PCE price index...
WEEKLY QUOTE “Intelligence without ambition is a bird without wings.” - Salvador Dalí WEEKLY TIP Consolidating your stray IRAs can mean fewer account statements, fewer account fees and less paperwork. WEEKLY RIDDLE At a stop sign on a rural road, there are two trucks in front of a...
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,...