Independent Advisor Blog

Articles are about big issues affecting readers, individual or corporate.

10 Years After the Financial Crisis, Does the U.S. Still Have a Debt Problem?

10 Years After the Financial Crisis, Does the U.S. Still Have a Debt Problem?

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Apr 3, 2019

Yes. The amount of debt today is higher than it was before the financial crisis. Before the Great Recession, the total debt in the U.S.—that is, government, business and personal debt combined—was $53 trillion. At the end of 2017, it had increased by 28% to $68 trillion.

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Investing in an Overpriced Stock Market

Investing in an Overpriced Stock Market

By: Tim Hayes Financial Advisor - posted in: Investing Your Money - Last updated Apr 3, 2019

The U.S. stock market has come a long way from its Great Recession low. That low, at which the S&P 500 bottomed out at 666 on March 9, 2009, is what has been called “the Haines’ bottom,” named after legendary CNBC anchor Mark Haines.

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401k Self Employed Retirement Plan

401k Self Employed Retirement Plan

By: Tim Hayes Financial Advisor - posted in: Financial and Retirement Planning - Last updated Apr 3, 2019

In 2016 and 2017, a self-employed person can contribute the lesser of 20% of their net adjusted income or $53,000. Net adjusted income is gross income from self-employment minus expenses and half of your self-employment tax.

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