The Federal Reserve, a.k.a. “the Fed,” has kept the federal funds rate at zero for seven years now. But after a strong monthly jobs report in October, where the economy created 271,000 new jobs and the unemployment fell to 5%, the Fed may finally be ready to raise it.Read More
Articles are about big issues affecting readers, individual or corporate.
Because different countries have different currencies, overseas travel is usually more complicated than domestic travel. Likewise, overseas investing is more complex than domestic investing. However, just as foreign travel adds diversity to your travel experiences, so foreign assets add diversification to your portfolio.Read More
Most days, the lead article on every financial news website is a six-year-old story about whether Greece is going to leave the Eurozone or require more loans from other European countries to stay there.Read More
In the movie All The President’s Men, a source of reporter Bob Woodward nicknamed “Deep Throat” informs him that, to solve the mystery of Watergate, he needs to follow the money. To understand how the stock market can almost triple in value during a period of mediocre economic growth (2008-2015), we must do the same.Read More
The Brexit vote amplifies the forces that were already causing slower worldwide economic growth, keeping interest rates low, and providing a favorable backdrop for bonds.Read More
For the past 26 years, I’ve had the pleasure of providing financial advice to educators as their financial advisor for their 403b plans. During this time, I have accumulated a reservoir of knowledge on your retirement system, the social security offset/windfall elimination, 403b plans, and other financial issues specific to educatorsRead More