The COVID scare last year resulted in the market going down 35% in just a matter of weeks. The most profitable investment strategy is always to buy low and sell high – or at the very least don’t sell low. Easy in principle, very difficult to do in real life – and as a result, …
The world’s 65 and older population is growing rapidly. According to the most recent population estimates from the United Nations, “…1 in 6 people in the world will be over the age 65 by 2050, up from 1 in 11 in 2019. The latest projections also show the number of people aged 80 or over …
We’ve all heard the phrase “time is money.” But what does that really mean? And why does it matter? Time is the most precious of all resources. Once spent, it can never be reclaimed. Money is certainly a critical resource as well. So, the fact that time and money are two of life’s most important …
The Markets
It wasn’t just the price of pork chops.
Last week, as investors weighed the news, strong corporate earnings were offset by higher grocery prices and rising numbers of global coronavirus cases.
The impact of COVID-19 on workplaces has been profound. As we move forward, it is likely work as we once knew it will be changed forever. Employer benefits is one area in which there may be significant change. Remote work options may be necessary for businesses to remain competitive, according to the Pulse of the …
Social Security is a source of retirement income for many individuals, but according to Mass Mutual, most Americans fail to demonstrate basic knowledge Social Security benefits. MassMutual used a quiz to test peoples’ knowledge of Social Security retirement benefits and showed that approximately 35% of people age 55 to 65 failed and almost 20% earned …
If you have been procrastinating on one, some or all aspects of your personal finances. Why not apply the concept of spring cleaning to your money? The following are some ideas to get started or restarted: Get Organized The first thing to do when organizing your finances is to collect all your information in one …
The Markets Zoom, zoom, zoom. Big economies tend to recover from recessions about as quickly as semi-trucks accelerate from stop lights. In other words, recovery tends to be slow. That may not be the case this time. “Everything in this economic cycle is happening at great speed. That is in part a reflection of the …
Some data suggests that divorce rates in the U.S. have been falling in recent decades. Whether this is accurate or not, many people face the difficult challenges that come when their marriage ends. Getting a divorce is a painful, emotional process. Don’t be in such a hurry to reach a settlement that you make poor …