Finding a financial advisor can be an intimidating process. It’s not just a numbers game to find who is the best at navigating the markets. It is a personal relationship, and you should get someone to listen to you and work with you to help you reach your goals. One common misconception is that only people with a lot of money to invest need a financial advisor. Everyone needs an advisor, just as everyone needs to pay an annual visit to…
When an individual thinks about saving for retirement, he often doesn’t know where to start. Because people usually start thinking about retirement decades before they are old, one usually has no idea how much money they should be saving (or spending). You can get general retirement advice anywhere, and I used to think these articles were a waste of space But then I realized that what may seem basic advice to me, is completely new to millions more. So with…
Democrats lost the Rust Belt in November in part because they lost the white, working-class, as my colleague Ron Brownstein has written. They failed to offer a more compelling message than Donald Trump’s pledge to stomp out trade deals and bring manufacturing jobs back from overseas. The presidential election wasn’t the only race in which Democrats lost white, working-class voters who had traditionally gone blue. They lost the seats they had targeted in Ohio, Wisconsin, and Michigan. They did poorly…
Markets closed in green Wednesday, recuperating some of the ground lost in the first two sessions of the week, helped by surging oil prices, higher than expected growth in the services sector and strong performance among banking stocks. After the market closed, Yum! Brands, Inc. (NYSE: YUM) reported its Q3 results. While EPS of $ 1.09 were in-line with the Street’s consensus, revenue of $ 3.32 billion missed estimates by $ 200 million. This pushed the stock down more than…
BRIDGEPORT, Conn.—Few places in the country illustrate the divide between the haves and the have-nots more than the county of Fairfield, Connecticut. Drive around the city of Bridgeport and, amid the tracts of middle-class homes, you’ll see burned-out houses, empty factories, and abandoned buildings that line the main street. Nearby, in the wealthier part of the county, there are towns of mansions with leafy grounds, swimming pools, and big iron gates. Bridgeport, an old manufacturing town all but abandoned by…
Every facet of your life feels the effect, for good or ill, of your personal finance skills. If you take charge of your finances you will have a good handle on your money situation. Read these tips for ideas on how to gain control of your finances. In these times, spreading your money into different areas is a great idea. Fund your savings account, maintain your checking as well, and diversify the rest between stocks, retirement accounts and, if possible,…