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
Market news, retirement advice & planning tips.
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
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
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