On July 18, 2013, the city of Detroit filed the largest public-sector bankruptcy in U.S. history.1 Though not entirely unexpected, the move unsettled the municipal bond market and generated widespread…
KenOctober 28, 2013
Market news, retirement advice & planning tips.
A 2013 study of entrepreneurship found that more than a quarter of workers aged 65 and older plan to start their own businesses in the next three years.1 Developing a…
KenOctober 28, 2013
The alternative minimum tax (AMT) was enacted in 1969 after Congress learned that 155 affluent Americans had paid no federal income taxes.1 Although only about 19,000 taxpayers owed the AMT…
KenOctober 28, 2013
“Growth” and “value” are distinctions made between types of equity investments. These style labels are generally pinned to certain stocks, market sectors, and indexes. Some investors may prefer one of…
KenOctober 28, 2013
Annual statistics from the computer security industry warn that cyber criminals are targeting small businesses at an alarming rate. In fact, cyber attacks on businesses with fewer than 250 employees…
KenOctober 28, 2013
Comments made by Fed Chairman Ben Bernanke following the Federal Reserve’s June policy-setting meeting caused a stir in the financial markets. The realization that the Fed might cut back on…
KenSeptember 28, 2013
In a recent survey of Generation Z (ages 13 to 22), 39% of teens and young adults said they expect to receive an inheritance and therefore don’t need to worry…
KenSeptember 28, 2013
Short-term interest rates have been at historic lows for more than four years, due in large part to Federal Reserve policies intended to stimulate the economy.1 The Fed’s actions have…
KenSeptember 28, 2013
If you expect retirement income from a pension and Social Security, congratulations! These two income streams, along with your retirement savings, could put you on a comfortable financial footing. However,…
KenSeptember 28, 2013
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