When you talk with traditional financial planners, this will almost always be the very first question out of their mouths.
It seems like a fair question.
But is it really the right question?
I don’t think it is. In fact, the question itself raises a number of other questions we […]
Uncle Sam is feeling the squeeze.
The most recent U.S. Treasury Department monthly statement revealed a troubling trend.
Revenue is falling.
In the report for the period ending Feb. 28, total federal revenues came in at $3.275 trillion. This was 1.1 percent lower than the $3.31 trillion reported for the same period one year ago. It […]
You should never trust the official spin coming out of the government.
Case in point – unemployment numbers.
I’ve been pointing out for months that the official numbers and the rosy mainstream spin hides some fundamental problems in the U.S. […]
The Federal Reserve pulled the trigger on another interest rate hike on March 15, despite economic data that suggests rather strange timing.
The fed bumped the benchmark rate .25 points to a range between .75 and 1 percent. It was just the third boost in the rate since the 2008 crash.
The Fed has held the rate […]
Millions of Americans are about to have better credit.
And they didn’t have to do a thing.
The three major credit-reporting firms have decided to remove certain negative information from credit reports. This will instantly boost the credit scores for millions of U.S. consumers.
Debt is like high blood pressure in an economy – a silent killer. And it’s not just in the U.S. The world is drowning in debt.
Americans are on pace to eclipse record levels of household debt this year. The previous record for household debt was $12.68 trillion set in 2008 – the year of […]
Liability insurance covers other people involved if you are found at fault in an accident. It helps pay the costs if you damage somebody else’s property, or cause them injury.
Liability insurance is usually divided into two components.
You’ve probably heard of whole life and term life insurance. But what about universal life?
Universal life insurance is a variation of “permanent life insurance,” meaning that it doesn’t expire. The policy remains in force as long as you continue to pay the premium. […]
It’s time to renew your auto insurance.
For a lot of people this pretty much happens on autopilot. They just roll their current policy over to the next year and drive merrily on their way.
Autopilot is great when the right coordinates are locked in. But […]
When you think of long-term care, you probably imagine an elderly person in a nursing home. As a result, if you’re middle-aged or younger, you probably haven’t given a lot of thought to long-term care insurance.
While nursing home care in old age is certainly one […]