In the year 2000, almost 10 million people needed some form of long-term care in the United States. Of that number, 3.6 million (37%) were under age 65 and 6 million (63%) were over age 65*. What does that really mean? This trend means that almost 70% of people turning age 65 will need long-term […]
Raise your hand if you saw this coming. The Dow Jones Industrial average ran its consecutive positive close streak to eleven days in a row with its close of +9.1 points on Friday, February 24th. That also marks the 11th straight record high, which is the longest such streak since 1987. Three more positive closes […]
Investing has changed in recent years. Long gone are the good ole days of the ’80s and ’90s when stocks seemed to go up every day and all you had to do was buy one … any stock. Or buy a share of the latest and greatest mutual fund. These products gained wide popularity during […]
Thanksgiving celebrations happened a few weeks ago and thus began the annual holiday season. And with just a few weeks to go before we put a bow on 2015, some portfolio managers will be scrambling to hopefully take advantage of yet another “Santa Claus” rally…the time of year when stocks seem to consistently rise because, […]
Welcome to reality TV, Federal Reserve style. As the Federal Reserve grapples with the decision of whether or not to raise short-term interest rates for the first time in almost ten years, the lead-up is playing out like a made for TV drama. It’s the newest in reality TV. Now, don’t get me wrong, this […]
This oversight could cost your loved ones dearly. Something seemingly so easy as to declare a 401k beneficiary has caused heartache for many unsuspecting heirs, who are unintentionally left with nothing. Take the case of Ben Langford, who worked at a privately owned company for 25 years. He named his wife of 38 years the […]
