While focusing on the Federal Reserve’s quarter-point interest rate cut, you may have missed an interesting milestone in the investing world: For the first time ever, U.S. index (passive) mutual funds have more money invested in them than active, stock picking funds.
Read MoreWhen I talk about funding college, I proffer the usual advice: Build your family’s financial foundation (pay down debt, establish an emergency reserve fund, and maximize retirement plan contributions) BEFORE trying to tackle college funding; talk to your kid as early as freshman year in high school about what the family can afford; and don’t shortchange your own or your child’s financial future by amassing mounds of debt.
Read MoreSeptember is Life Insurance Awareness Month, which is as good a reason as any to cover the important topic. I know that it’s pretty hard to get jazzed about insurance, because it is essentially the vegetable portion of your financial diet.
Read MoreSummer is over, the kids are back to school and now it’s time to focus on your most valuable asset, YOU! For those who are considering a change or are coming into the labor force after an extended break, you will need to invest time and energy in the process.
Read MoreI am often asked about the best retirement plans out there for these entrepreneurs and sole proprietors. There are a lot of choices and depending on your circumstances, one may be more appropriate than another.
Read MoreThe August report bolsters the case for another quarter-point interest rate cut when the Federal Reserve meets on September 17-18. Officials will cite the slowdown in job growth and softening manufacturing data, but will also likely reiterate that the economy remains on solid footing overall.
Read MoreDuring back to school season, parents are focused on helping their children succeed academically, socially and yes, financially. I know talking about money is not easy and not enough schools incorporate personal finance concepts into the curriculum.
Read MoreStocks tumbled on Friday after yet another escalation of the U.S.-China trade war. Sure, it was a low volume August trading session, but like an early win during preseason, it still counts, and it erased what was shaping up to be a winning week.
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