Market news, retirement advice & planning tips.
Second thoughts are part of life, which may explain why some investors change their minds about the types of accounts they use for retirement savings. This could be the case…
KenNovember 1, 2013
According to a 2013 survey, almost 90% of middle-income Americans do not feel prepared to handle the financial cost of a critical illness. Most respondents said they would have to…
KenNovember 1, 2013
The stock market has been on a wild ride since October 2007, when the Dow Jones Industrial Average and the S&P 500 index both hit record highs, only to lose…
KenNovember 1, 2013
Many people purchase term life insurance to help protect their families when their children are young and dependent on them for support. By definition, term policies have ending dates, and…
KenNovember 1, 2013
In the first quarter of 2013, the number of closed business sales increased 56% over the same period in 2012, and the median sales price rose 20% to $180,000.1 According…
KenNovember 1, 2013
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
At a recent financial industry event, behavioral finance expert Meir Statman tried to put the risk of investment losses in perspective. “The real risks in life are not the stock…
KenOctober 28, 2013
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