Investors Spooked by Gold, Bitcoin, and Stocks Rising in Unison
Some investors are getting nervous that prices of gold, silver, Bitcoin, stocks, and bonds are all rising at the same time. That isn’t supposed to happen. Gold is supposed to do best when stocks and bonds aren’t, and vice versa...
Negative Interest Rates, the Federal Reserve, and Your Retirement
Recent news reports have indicated that President Trump has filled two of the open positions on the Federal Reserve’s Board of Governors. One of them, Randal Quarles, was formerly involved in the President’s Working Group on Financial Markets, a.k.a. the Plunge Protection Team. The other, Marvin Goodfriend, is an enthusiastic advocate of negative interest rates. If these picks for...
What Will You Spend Your Money on in Retirement?
The Bureau of Labor Statistics’ most recent Consumer Expenditure Survey provided many insights into the spending habits of Americans...
5 Financial Landmines Facing Retirees
Even though retirement planning is the most prominent financial issue facing seniors, it isn’t the only one...
Avoiding Common Financial Mistakes
If you want to be financially successful and enjoy your retirement, there are a few common financial mistakes that you’ll want to avoid. Not Creating a Budget Creating a budget should be the first step towards taking control of your finances. Saving for retirement takes planning, setting a target amount of money that you want to save every month, and then...
Saving Enough Money for Retirement
If you’re like most Americans nearing retirement age, you may be wondering if you can afford to retire. The decision to give up a steady paycheck can be a daunting one...