John C. “Jack” Bogle, the founder of the Vanguard Group and the father of the index mutual fund died at age 89 on January 16th. The pioneer’s impact on the world of investing and finance was transformative and we are all better off as a result of his innovation.
Read MoreWelcome to the longest government shut down on record. Beyond the hundreds of thousands of federal employees who are feeling the most direct impact, economists are estimating how the closure might impact growth.
Read MoreDecember has been a rough month for investors, the kind of month that makes even the most battle scarred veterans’ hold their breath and hope for a sign that the worst is over. Sorry to say that there is never such a sign, which is why the saying “they don’t ring a bell at the top or at the bottom!” came into being.
Read MoreWith just one trading session left in the year, it’s time to take a deep breath, look back and learn eight important lessons from 2018.
Read MoreEvery year, millions of Americans resolve to “do better” with their money and 2019 will be no different. According to Fidelity Investments’ New Year Financial Resolutions Study, for the tenth consecutive year the top three financial resolutions among Americans considering one are: save more (48 percent), pay down debt (29 percent) and spend less (15 percent).
Read MoreWelcome to the third government shutdown of 2018! Did you forget about the first two? In January, there was a three-day closure, and then in February, there was the one-day sequel. In both of those instances, investors shrugged off the news and stocks actually edged up during those days-long shutdowns.
Read MoreThe news cycle can teach us important economic and personal finance lessons. Here are my picks for 2018. Happy New Year!
Read More2018 year-end financial planning is a lot different than in previous years, because it is the first full year after the implementation of the Tax Cuts and Jobs Act (TCJA). The good news is that for millions of Americans, the new code should make filing easier. That’s because nearly 90 percent of taxpayers are likely to claim the standard deduction this year, up from 70 percent last year.
Read MoreIt was an exhausting week for investors, even though there were only four trading sessions. Monday’s U.S.-China 90-day trade “time out” stock bounce was dwarfed by big sell-offs throughout the rest of the week. The drubbing began after the President’s tweet that he is a “tariff man,” shortly followed by another, which questioned whether a “real deal” with Beijing is actually possible.
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