The midterm elections could represent the peak for a U.S. stock market that has so far been resilient to political risks and trade fears. That is according to analysts at Société Générale who see President Donald Trump’s economic plans pausing after the November midterm elections, when the Democrats are likely gain a majority in the […]
Stocks could be bucking for new highs, even as the market deals with negative cross currents in what historically has been a weak month. The S&P 500 closed out a positive week Friday with a gain of 1.2 percent to 2,904 and is now 12 points away from its all-time high. But traders are perplexed […]
The Americans who can least afford it are spending the highest percentage of their income on what the folks at Bankrate describe as “financial vices.” People in the lowest income bracket — those earning under $30,000 a year — spend “an average of $2,118 annually on restaurant food, prepared drinks (such as such as coffee, […]
As employers phased out traditional pensions, 401(k) plans were introduced to fill in the gaps. Named for the subsection of Internal Revenue Service code that allows for them, these accounts have become the primary retirement savings vehicle for many people. The tax benefits of traditional 401(k) plans are important. For 2018, contributions of up to […]
If you’re in the market for a new car, you may already have some sort of money-saving plan. Perhaps you’re waiting until the end of the model year when dealers are trying to get rid of their inventory. Or maybe you’ve had your current car detailed in order to maximize its trade-in value. While those […]
The tax reform bill that became law toward the end of 2017 took effect for the 2018 tax year. When you file your 2018 return early next year, you’ll get your first chance to see the actual impact of the many changes to the tax laws that the legislation made. One of the biggest changes […]
For those unaware, your credit report is a snapshot of your entire credit history — that is, all of the credit cards and loans in your name, along with details on payment history, previous judgments, and bankruptcies. Having a good credit report is as essential to securing a loan as having a good resume is […]
Thanks to tax reform, many Americans will see their tax bills go down in 2018. The marginal tax rates have gone down, and the Child Tax Credit has doubled, just to name a couple of the changes that should put additional money back in the pockets of millions of Americans. That said, while your taxes […]
Starting your own landscaping business is difficult on many levels, but it becomes almost impossible to do when your credit is terrible or you’re under piles of debt. For aspiring landscape company owners looking to start their own venture but suffering from crushing debt and a plummeting credit score, take a look at a few […]
Everyone seems to have an opinion about the investing behavior of millennials. Like most other investors, millennials want convenient, simple ways to invest that will help them achieve their financial goals. Based on what these young workers are doing with their retirement plans, millennials seem to be gravitating toward what many see as the perfect […]
Like it or not, by the time you turn 30, you’re basically a full-fledged adult, and with that comes certain financial responsibilities you’ll need to get a handle on. Here are three money-related goals you should aim to achieve by age 30. 1. Have a fully loaded emergency fund Life has a way of surprising […]
A Stressful Experience What’s the most stressful event you’ve had in your life? Applying for college? Going on a job interview? Hosting Thanksgiving dinner for your entire family? According to a recent survey by Homes.com, buying a home tops all of those events as “the most stressful event in modern life.” One-third of respondents said […]
