Perhaps you’ve been told about the wonders of the 401(k) and you’re excited about investing. You’ve been told that you can achieve a wonderful retirement by using this investment vehicle. To some extent, this is true. However, there are five negative aspects of the 401(k) or 403(b) you must consider before jumping in. What is …
A bear market is a period of time when the stock market declines, or falls. Bear markets are also sometimes called “down markets” or “bearish markets.” The reasons for a bear market include: Economic problems, such as high unemployment and inflation; Political unrest, such as war or terrorism; and Changes in consumer confidence that lead …
Living paycheck to paycheck is the modern-day way of life. In fact, more than half of Americans state they live this way. To complicate this, nearly half also say they’ve experienced unexpected financial difficulties within the last few months. This can make life stressful and hard to get ahead. But do you have to live …
One of the most detrimental things to our financial success is ignoring our budget. And trust me, it’s easy to ignore our budget. It’s not an enjoyable thing to look at and it seems to just keep all the fun from happening in our lives, right? But saying no to some wants will help you …
Let me ask you a couple simple questions: what motivating factor in your life drives your day-to-day activities? What keeps you up at night, gets you excited during the day, and gets you inspired talking about it? What’s your passion? That passion may be photography, it may be crafts or art, or it may be …
Everywhere you look nowadays, the talk is of a recession. The Dow today is down 500 points. It’s reached it’s recent all-time low since the pandemic. From it’s recent high, the stock market is down over 25%. It seems like the stock market is tanking and my account – and probably yours as well – …
Right now, the stock market has been down over 20 percent, rallied some, and is going negative again. There is no good news in sight. I mean, literally, everywhere you turn, there is bad news about the economy. Bad news with gas and oil prices. A recession is on the horizon, which many predict we’re …
Well, the market has been moving down for weeks and it’s now into bear market territory. There is a lot of talk about a recession occurring soon. There is inflation out of control. Gas prices and grocery prices are skyrocketing. So, what is a person to do in these troublesome times? Is a recession coming …
If you’re like me, you’re probably watching your stock market portfolio drop like there is no bottom in site. Just when you get a small rally and think things are better, it drops again in a big way. You’re losing money fast. But don’t fret. You should instead be viewing any drop in the market …
When you say the word Recession, it usually means a negative thing. You might start thinking about your finances, worrying that you will lose money with your investments. It’s the same thing with the words inflation and bear market. However, when you hear all three of those things talked about together as we have recently, …
