lassedesignen / Shutterstock.com After a years-long bull market, stocks plunged this week. The Dow Jones Industrial Average took a stomach-turning 800-point dive on Wednesday and another 500 point pounding on Thursday. It begs the question: Are we now at a turning point — the start of a bear market and economic recession? The stock market … Read moreAre We Heading Into a Recession? Here Are 6 Signs to Watch
It’s probably not what any of us want to hear, but delaying retirement may be your best bet for boosting the power of you nest egg. Researched released earlier this year from the nonprofit National Bureau of Economic Research describes working longer as “a powerful method to increase retirement standard of living.” Researchers found that … Read moreIs This the Best Way for Older Workers to Pad Their Nest Eggs?
After yesterday’s 800-point pounding, the Dow Jones Industrial Average lost an additional 500 points today. That brings the two-day loss to around 5 percent. For the tech-heavy NASDAQ, the numbers are even worse. If you’re not feeling at least a little freaked out, you must not have any money in the market. When I wrote … Read moreDow Loses Another 500 Points: Is This the Big One?
Click here to subscribe to our YouTube channel! Some of us think wealth is unattainable. Hard work is expected, but building a fortune isn’t on our radar of possibilities. We believe the rich will get richer, and the rest of us will stay right where we are — unless, of course, we slide backward. But … Read more7 Simple, Free Moves Guaranteed to Make You Richer
Click here to subscribe to our YouTube channel! If you’re lying awake at night wondering if your 401(k) is properly invested, it’s not much comfort to know that millions of other Americans are probably losing sleep over the same thing. Roughly half of 401(k) plan participants find explanations of this type of retirement account more … Read more7 Tips for Stress-Free 401(k) Investing
Click here to subscribe to our YouTube channel! Stock market investing can play a crucial role in your life, especially if you’ll depend on savings to keep you afloat during your retirement years. The longer we live, the more money we’re going to need. Although stocks are risky, they can provide better returns than other … Read moreWhat’s Your Stock Market IQ? Take This Test
An investment move “that makes the most sense practically all of the time”? While you might be wondering if such a thing even exists, investor extraordinaire Warren Buffett says it’s as easy as buying shares of a single mutual fund. Just make sure it’s an S&P 500 index fund and one that charges low fees. … Read moreWarren Buffett’s Sane and Simple Retirement Investing Plan
Click here to subscribe to our YouTube channel! Assuming climate change continues doing what scientists say it is doing, a lot of seaside property will be under water — figuratively or literally, as we reported yesterday. But if you still want to buy something within earshot of the surf, here are five keys to getting … Read more5 Things You Must Know Before Buying Property Near the Water
The Federal Reserve raised the federal funds rate again today in a vote that surprised few people. It marks the third hike of the year — and the eighth since the Fed started increasing its benchmark rate again less than three years ago. With the federal funds rate now in a range between 2 percent … Read moreThe Fed Hikes Rates — Here’s How Much More You Can Earn on Your Money
Click here to subscribe to our YouTube channel! Ah, for a home within earshot of the crashing waves and easy access to the sand and tide pools! Many of us dream of buying property near the water. Since waterfront is limited and desirable, it generally just increases in value. Right? Still, many people don’t realize … Read moreWill Rising Sea Levels Sink Property Values?