Why is inflation important to you? Inflation lowers the buying power of your money. You may live comfortably on $75,000 now but even in 10 years (18 years is the average time in retirement) with the current low interest rates, you would need $89,475 to purchase the same things (based on inflation fr
Finally, some good news in 2020. The Steelers are still undefeated as of this writing, two pharmaceuticals are reporting successful COVID-19 vaccine results and the election is over (well, everything but the lawsuits). The stock markets are reacting favorably, although I do not think the Steelers’
With all the uncertainty, what are people most concerned about with their portfolios? Two words: the election. How important is it to our economy and the markets?
During a steep downturn — think March 2020 or the 2008 Great Recession — investors tend to let fear rule their decisions. When stocks rise rapidly, investors tend to get greedy going after winners after they may already be overpriced. The best thing is to stick with the basics.