Financial, Economic and Money News

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  • Common Sense: How Growth Fixes Debt & Tax Cuts Create Growth

    America’s debt problem cannot be solved by federal budget cuts alone. It can’t be solved by great and inspiring speeches. And it won’t be solved by doing nothing. The meager 1.9% economic growth of the past eight years was too low to either boost the private sector or to keep up with ever-growing federal spending. This isn’t rocket science: private […]

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  • How Much Will I Get in Social Security in My Retirement?

    Most people end up relying on benefits from the government when they retire — specifically, Social Security benefits. Social Security is a program run by the government that provides you money in your retirement based on a number of different factors; the only main caveat is that, unless more money is provided, the government’s Social […]

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  • The Top Five Regrets of People About to Retire

    People usually consider retirement a relief from the daily grind of hard work. However, not everyone is able to live out their golden years in as much comfort as they would like because they have not provided adequately for their retirements when they were still working. Often, as younger adults, people put off thinking about their […]

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  • What Do Americans Do With Their Tax Refund?

    Tax refunds: While many taxpayers are not looking forward to a refund, there are millions who will get this windfall in 2017. During 2016, the average refund was  $2,860 and a recent survey suggested this year the numbers may be similar. However, what may surprise you is the way taxpayers intend to use their 2017 […]

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  • Is Obamacare in a Death Spiral? The Latest News May Suggest It

    With the election past us things are not looking well for The Affordable Health Care Act (AHCA), or Obamacare if you are so inclined to call it. President Trump has been working on some new legislation concerning the bill, and these may yet hasten the inevitable death spiral which the AHCA is already sinking into. […]

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  • 401(k) Plan Creators Admit They Regret their Contribution to Financial Retirement Planning

    When most of us think of retirement, we instantly think of 401(k) plans. However, new data presented in a Wall Street Journal article entitled, “The Champions of the 401(k) Lament the Revolution they Started,” suggests that 401(k) plans don’t offer as much financial security as we once thought. 401(k)s have been the most common retirement […]

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  • How Trump’s Border Tax Threat Could Affect You

    President-elect Donald Trump has made news recently with his statements about a “border tax” on U.S. companies. There is a great deal of uncertainty about whether such a tax could or would be implemented, as well as its impact. Here are some questions and answers about Trump’s border tax threat and how it could affect […]

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  • Barron’s: The Robo-Advising Reality Check

    Barron’s in a recent article examined “The Robo Advising Reality Check,” which brought to light several compelling trends in robo-advisory. Let’s highlight the most important takeaways. Advisors generally adjust the composition of an exchange-traded fund, or ETF investment portfolio either manually or using a robo-advisor approach in order to maintain the proper asset allocation for each […]

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  • “The Big Boys Are Betting Against the Market;” Should You?

    Look around and you’ll see that “the big boys are betting against the market,” according to reports. As an investor, this might send shivers down your spine, and understandably so. If the financial world’s most elite who oversee billions of dollars are in fact betting that the markets will go down, what does this mean […]

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  • The Secret Shame of Middle-Class Americans

    If you had to guess what 47 percent of Americans are hiding, what would you think it is? A substance abuse problem? Extramarital affairs? Or something else? Something more shameful, and even harder to talk about? According to the Atlantic, it seems that nearly half the country is dealing with what has been termed financial […]

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