Independent Advisor Blog
Articles are about big issues affecting readers, individual or corporate.
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.Read More
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.Read More
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.Read More