How Were Baby Boomers Affected by the 2008 Financial Crisis?
The 2008 financial crisis was the greatest economic collapse since the Great Depression, and sent economies all over the world tumbling. While some time has passed since the Great Recession of 2008, its effects still linger in the lives of everyday Americans. People of all different ages were affected by the crisis, losing their jobs, […]
U.S. Wage Stagnation and the Rising Cost of Living
Economists, politicians, and analysts all refer to unemployment statistics when discussing the economic health of the United States. When unemployment figures are low, it means that fewer people are unemployed, and most view a high level of employment as a sign that the economy is doing well overall. Conversely, high unemployment figures usually signal a […]
Strategies to Help You Get the Most From Your Investments
Rather than focusing only on making the most money, the best investment strategies help you achieve your financial goals without forcing you to take more risk than you can tolerate. What Makes a Good Investment Strategy? Investing strategies that offer short-term rewards usually come with a high level of risk. Investment tactics that are successful […]
How to Tell if a Financial Advisor is a Fiduciary
The role of a fiduciary is a very confusing and nuanced topic to grasp, especially in relation to other service providers. When your financial life is at stake, you want to be certain that the financial service you are being offered has your best interests in mind, without any ulterior motives. Discover the differences between a […]
What Is Investing and Why Is It Important?
If you want to be a wealthy individual, you have to do a bit more than earn a paycheck and move some of those funds into a savings account. Investing is a long-term strategy that allows your money to grow over time. As an investor, your money can help you acquire things that offer profitable […]
What Is a Predatory Mortgage Loan?
For most people, obtaining a mortgage is a necessary step in the process of buying a home. Shopping around for a mortgage can be intimidating. With all of the confusing jargon and varying interest rates, it’s hard to know you’re getting the best deal. Just when you think you’ve found an impossibly good mortgage, you could […]