The Federal Reserve meets 8 times a year to discuss raising, lowering, or keeping interest rates the same. The meeting is over two days, the first being a broader discussion by the Fed Committee, which continues into the next...
This week’s blog post is inspired by Mark, who asks, "How much stock should I hold in my portfolio to get an investment return of 30% a year?" The answer isn't what you think it may be, because investment...
In today’s fast-paced world, the need for quicker, more efficient payment methods has become increasingly essential. The Federal Reserve announced on July 20, 2023 the launch of its instant payment system, the FedNow® Service. Designed to provide faster and...
Banks are financial institutions that provide various services to individuals and businesses, such as checking and savings accounts, credit cards, loans, and investments. But how do banks make money from these services? Here are some of the main ways...
A topic we have been discussing in our meetings is the concept of year-over-year inflation. Near the middle of each month, all eyes have been glued to the monthly CPI (Consumer Price Index) and inflation number. At one point...
In 2022 the financial world will see multiple newsworthy stock splits. Earlier this year on June 6th Amazon split its stock 20-1. A few corporations undergoing stock splits that investors are keeping an eye on are Alphabet (Google), Tesla,...
“Success seems to be largely a matter of hanging on, after others let go.” – William Feather Winners don’t quit the stock market. Period. Investors always win over the long term. It’s quite easy to see in the chart,...
Is the Bull market over? Are rising interest rates going to hurt bonds? Will inflation continue to rise? Why is the market so volatile? Many people are worrying. Maybe you are one of them and ask the same questions....
Pandemic Relief Acts There has now been a total of 6 pandemic relief acts passed in the United States. Coronavirus Preparedness and Response Supplemental Appropriations Act Families First Coronavirus Response Act CARES Act PPP and Healthcare Enhancement Act Consolidated...
The “Setting Every Community Up for Retirement Enhancement” (SECURE) Act passed the U.S. House of Representatives last May, passed the Senate a few days ago in December 2019, and then was signed by President Trump. It is among the...