When an advisor recommends a particular investment, how do you know it's right for you? Financial writers, myself included, say you need to ask questions. The trouble is, according to a recent survey, most investors ask the wrong questions.
What can a hive teach us about playing the market? Plenty, if you know where to look for industriousness, dedication and a clear message delivery.
Lower oil prices are a good thing, right? Maybe not. In the past, they have been a harbinger of a tough economic road ahead.
Extracurricular activities can help your kids grow far beyond book learning in the school years. Getting the most out of after-school or weekend fun and games, though, means sharpening how you control both the time and money you expend.
If you’re in your late 50s, a flickering career and daunting retirement costs may drive you to think you are the best person to forge your own business for the rest of your working life. That’s a bold move and maybe the right one, but the road comes with many pitfalls.
After two years of virtually uninterrupted gains, the stock market took a scary tumble in October. While the market went on to recover the losses, the autumn slump touched off a debate about whether it was a precursor of further loses ahead or merely a hiccup in a strong advance.
Ironically, the same traits that drove you and your business to success can also lead to missteps when time comes for you to sell the biz. The biggest culprit may well be your own eternal optimism. While a positive outlook on your business’s valuation spurred growth, viewing details of your sale through that lens can devastate your exit deal.
However much you make or save now doesn’t promise you a bright financial future. Life is unpredictable. Follow these 10 tips to prevent you and your family from money troubles.
So the Federal Reserve Board has made it official. Last month was the end of quantitative easing, where the Fed bought bonds to stimulate the economy and keep long-term rates low. Too bad the QE program was ineffectual, distorted the economy and the financial markets and saddled the central bank with a worrisome load of debt securities.
Your profit and loss statement, by accounting rules, tells you whether you make money. That’s only part of the story. If you, as a business owner, don’t pay close enough attention to your cash flow, you might end up going out of business, even though it is profitable.