For decades, central banks have cut interest rates to spark economic growth in troubled times. But more recently, when even extremely low or zero rates couldn’t boost economies in the eurozone, Switzerland, Sweden, Denmark, or Japan, central banks took an even more dramatic step and imposed negative interest rate policy (NIRP). When rates go negative, it
A portfolio and investment checkup is a great and effective way to measure the progress that you are making towards achieving your goals. It is extremely important to periodically review your finances and look at what’s working well, and uncover any issues that need to be addressed.
Being self-employed or owning a small business gives you a certain measure of freedom in your career. According to the U.S. Bureau of Labor Statistics, 15 million people were self-employed in 2015 or about 10% of the country’s workers. There are a variety of retirement plan choices for business owners or freelancers including a traditional or Roth IRA, a solo 401(k), a SEP IRA, or a SIMPLE IRA. Here are some of the options you may want to consider.
As the April 15 deadline for the 2018 tax year rapidly approaches, it is important to keep in mind these five key points that will help you to get organized and make this year’s tax filing process a little easier.
We’ve been riding the wave of what is, by most definitions, the longest running bull market for stocks in U.S. history. But on October 10, the Dow Jones Industrial Average—one of the most closely-monitored stock indices—plunged 832 points on the day.
October has been designated “Financial Planning Month.” And for very good reason. For many people, it marks yet another quarter that has passed without much thought about the status of your financial future.
