During the presidential campaign, Donald Trump promised to boost the economy both by cutting taxes and investing more money in infrastructure. Usually, however, politicians and policymakers have favored one type of stimulus over the other. Conservatives like tax cuts, while liberals favor more spend…Read More
During the holiday season, like many people, you're probably finding that in the process of spreading good cheer you've spent too much money. Along with needing to trim a few holiday-induced pounds, you may need to trim a few debts. Here are a few tips to help pay off those debts: • Devise a strat…Read More
U.S. stock markets seemed hesitant this past week but continued into record territory. The Dow Jones Industrial Average and S&P 500 Index saw small gains of less than a percent but still in the green for the fifth consecutive week. The small-cap Russell 2000 Index lagged and recorded a humble lo…Read More
A sound portfolio management strategy begins with asset allocation – that is, dividing investments among the major asset categories of equities (stocks), bonds, and cash. From there, you and you advisor can then make finer distinctions within each broad category. For example, within the equity cat…Read More
Mutual fund investors must be prepared to switch from one fund to another as economic conditions change. Today, the most common type of switching is likely to be from a stock mutual fund to a money market fund and vice versa. The biggest question is, when should a switch be made? Of course, there is…Read More
Is owning a boat on your horizon? Do you see yourself paddling a canoe? Piloting a motorboat? Helming a sailboat? Of course, it will be easier and more affordable to pop a canoe on top of your car than to maintain a moored boat in a popular summer harbor. Still, choosing a boat that fits your lifest…Read More
We all use it. Some of us use it every week. Some of us use it every day. And some people use it more than they should. What is it? It is that valuable little piece of plastic . . . the credit card. If you've ever experienced problems with credit, here is a list of legal statutes that may offer you …Read More
We scoured the nation to identify the best stock in every state. Here are the 12 publicly traded companies based in the Midwest that we picked. Our list of Midwestern stocks is diverse, ranging from the biggest blue-chip name in burgers to a small producer of salt and specialty fertilizers. A word o…Read More
Life in today’s America commonly finds families strewn across states and even scattered from one end of the continent to the other. With so many families now separated by hundreds and often thousands of miles, it may be extremely difficult to handle caring for older parents who live far away. When…Read More
Are you enticed by high-risk investments or are you a risk-averse investor? Most people fall somewhere in between these two extremes. To help you get a sense of your risk tolerance, circle the responses that best describe your immediate reaction to each of the following statements. Try not to overth…Read More
