The state of most people’s savings is scarily precarious. Yes, it’s true that, for many, the Great Recession’s layoffs and chronic worker income stagnation make investing for the future seem like a luxury. But even folks of modest means can afford to put something away toward the day when they aren’t working. Social Security won’t provide all they need. Moreover, a lot those who do invest don’t do it well.
Ice cream melts. Snow melts. You may have seen someone melt down emotionally or even melted down yourself. Right now, markets may be melting up in a sharp, emotion-driven improvement in performance. Is this good for your portfolio?
When managing personal finances and investments, people frequently exhibit irrational behavior for different reasons. If you’re one of these folks, be fair to yourself: It doesn’t even take a spate of market zigzags like October’s to prod you into questionable decisions.
Sustainable investing is a growing trend that will soon be the norm. Also known as impact investing, it allows investments to serve a dual purpose – provide economic return and support organizations that have responsible environmental and social policies. More investors will require that their portfolios align with their values without sacrificing performance.
Why bother investing in a hedge fund? Too many of them deliver subpar performance and they cost too much. The only reason is snob appeal.
Call it wizard’s gold, the magical belief that “four quarters in five” means that domestic economic growth is finally taking off. It isn’t, as a close look at the numbers shows.
Some see a strong dollar as a source of national pride. That’s about all it is. When an ascending dollar buys increasing amounts of foreign currencies, the world’s financial structure may end up battered.
Some believe the key to financial success is frugality. The problem is you probably don’t want to live like a college student for the rest of your life. Yes, you do need to find sustainable ways to save more money. But the way to reach success is twofold – you also need to earn more.
Talk of overhauling the tax code is stirring in Washington, but the overwhelming complexity of the task makes it difficult to accomplish, at least in the near term. Here’s a good, clean, quick way to tackle part of tax reform – and produce an economic bonanza: abolish the corporate income tax.
When volatility is high, investors get scared and let emotions run their decisions. Here are a few tips to help you avoid investment mistakes and survive whatever the market sends your way.