In a nation with so much excess, so much opportunity and so much wealth, we have much for which to be thankful. Our nation’s economy is, arguably, close to the strongest it has ever been. The unemployment rate has just printed 3.5%, and this was the 16th month in a row that it has been

As of July 2019, the national savings rate in the U.S. is approximately 7.7% of household income, down slightly from 8.0% in June.* The rate has been steadily increasing since hitting its all-time low of 2.2% in July 2005. I am excited to see that people are starting to make wiser decisions when it comes

In the words of the great Aerosmith, “Talk about things that nobody cares,” is precisely related to the title of this article and very aptly named after the band’s 1975 Top 40 hit, “Sweet Emotion.” In mid-August, a well-known economic indicator surfaced that historically has predicted a future economic downturn. This indicator is known as

We’ve all heard the saying, “records are meant to be broken.” Early in the month of July, the various indexes, which measure the over-all stock market – the NASDAQ, the Dow, AND the S&P 500 indexes – all did just that! If you were to read through the mainstream news reports or listen to the

The time this goes to print, the first round of the Democratic debates will have just concluded. I’m hopeful that a few leaders with great ideas and strategies have risen to the top of the list. Infrastructure, healthcare, Welfare reform, all need to be addressed and I’m excited for solutions to be presented. I’m also

When it comes to stock market volatility, risk seems to start very slowly and then happen all at once. I’m sure you’ve heard friends talk about their investment accounts “taking the stairs up and the elevator down.” The decline we saw in the S&P 500 index* from October 1 – December 24, 2018 was fast

In December 2017, President Trump and his republican-held Congress passed a sweeping corporate tax reform bill lowering the corporate tax rate from 35% to just 21%*. This is a permanent decrease of corporate taxation that will remain in place until both houses of Congress pass a bill to increase it. They also cut income taxes

  In 2008, our country’s entire banking and financial system came to a screeching halt as we realized that the exotic debt instruments that had been created to finance the housing bubble were, possibly, a little too “exotic.” These Collateralized Debt Obligations, were packaged and sold to large banking institutions as “sure things,” and in

  To say that the investing climate over the last four months has been challenging, would be an understatement. The volatility that exploded onto the scene from October 1 through December 24 was more than a little concerning. We saw the blended averages go from solidly positive on the year as of the end of

  I was just reading an article on huffpost.com which stated that by Valentine’s Day, 92% of New Year’s Resolutions have been broken. In light of that statistic, I thought it would be valuable to offer an encouraging word and some thoughts that may help you get back on the horse and finish what you’ve

  Many of the articles that I write for our My City readers relate to an older generation of investors and are often not applicable to the younger generation. This article is a departure from the usual subjects, but in the end, pertains to the financial world in that it offers advice to young people

  Another year will soon go down in the books … and what a crazy ride! As a point of reference and information, here are a few new updates to the tax laws regarding retirement accounts and contributions. The I.R.S. just increased the annual contribution limits on IRAs, 401(k)s, and other widely-used retirement plan accounts