Global Monetary Policy: He Still Has Your Back

Shuffle up and deal–low interest rates are still “the only game in town” AT ITS outset, 2017 seemed likely to mark a turning-point for global monetary policy. The Federal Reserve had just raised its main interest rate by a quarter-point and was expected to add three such increases this year–or perhaps even more, if a… Read More »

Millions of People Will Soon See Their Credit Scores Improve – At Least a Little

Kenneth R. Harney If you’ve heard that some people might get a magic boost to their FICO credit scores in the 10-point range — without having to do anything — that’s right. But hundreds of thousands of consumers’ increases will be much larger. According to a massive new study of 30 million credit files just… Read More »

How To Set Up a Trust Fund If You’re Not Rich

Tim Parker If you’ve heard of trust funds but don’t know what they are or how they work, you’re not alone. Many people know just one key fact about trust funds: They’re set up by the ultra-wealthy as a way to protect passing on significant sums of money to family, friends or entities (charities, for… Read More »

Concerns Over Trump Dent Global Stocks, Dollar

Vikram Subhedar LONDON (Reuters) – Concern that U.S. President Donald Trump’s reform agenda could be slowed down, and that Trump himself could even face the threat of impeachment, added to disappointing U.S. economic data on Wednesday to hit the dollar and spur a pullback in richly valued stocks. Reports that Trump asked then-FBI Director James… Read More »

3 Things to Consider When You Have An Old 401(k) You Don’t Know What To Do With

Nancy L. Anderson If you have a 401(k) with a former employer, it’s called an orphan. The name is fitting, since you aren’t really taking care of this account — it’s sitting there all by itself. In fact, according to the Bipartisan Policy Center, there are 25 million orphaned retirement accounts sitting with former employers today. If… Read More »

The 10 Best Ways for Business Owners to Save Money

Brian Rashid Leaders of small and large companies alike can struggle with saving money. With rising costs starting to strangle small businesses, it’s more important than ever to tighten your belt and pay close attention to what’s flowing in and out of your bank account. Without a team of pricey accountants and financial planners, this can… Read More »

Stocks Soar on French Election, Trump Tax Cut Hopes

Paul R. La Monica Vive la France! Investors around the world cheered the French presidential election results. The hope is that the centrist candidate Emmanuel Macron will have no problem defeating the anti-EU challenger Marine Le Pen in a runoff election on May 7. Stocks soared in Europe and were set to pop in the… Read More »

Time to be Honest About the Fear That’s Getting in Your Way

CARL RICHARDS There is something you have been working on, isn’t there? Something big. Something exciting. Something you have always dreamed of. It’s that perpetual “work in progress” that you tell only your close friends and loved ones about. The novel that is in “final edits.” That website that you are going to start …… Read More »

National Financial Literacy Month

What started out as a financial-literacy awareness day more than a decade ago is now a month-long campaign that has been recognized by Congress every year since 2004. The program is designed to highlight the importance of financial literacy and teach people of all ages how to manage their money wisely.[i] And, according to recent… Read More »

Following The Herd Can Leave You Lost During Retirement

Forbes Finance Council Six times more people have died coming down Mount Everest than while climbing Mount Everest. The same can happen as you come down the mountain after retirement. How you distribute wealth, or “disinvest,” is even more important than how you invest. The savings decisions you are making today have far more implications… Read More »