October is here, and markets are near all-time highs as we enter the fourth quarter of 2018. But, while that rally has made many stocks more expensive, it hasn’t removed all of the attractive buys across several industries.
Your credit history is essentially your financial report card, indicating how responsible you are with your money. It can impact your ability to get credit cards and loans, and it also determines what kind of interest rates you get. Most people know that it’s important to keep their credit score high, but they’re not always sure how to do that.
One of the keys to investing is balancing risk and reward. And one way to help with this is to employ thoughtful portfolio diversification. Too much diversification can prevent market-beating returns. On the other hand, sticking to just one stock may put investors at too much risk. An approach somewhere in the middle, however, could offer investors a chance to outperform the market while simultaneously reducing volatility.
The biggest challenge that retirees face when they set aside money for later in life is figuring out how to make their savings last as long as they need to. With life expectancies making it likely that those who reach retirement age will have 20 to 30 years of living expenses to cover after they leave their careers, the threat of running out of money is a very real one.
If you’ve put off filing your taxes until the last minute, here’s some good news. First, you don’t need to bone up on the new tax law to complete this year’s tax return. For the most part, the Tax Cuts and Jobs Act won’t affect your 2017 taxes.
There is no shortage of ways for crooks to try to separate you from your money. All it takes is letting your guard down for one moment or overlooking the warning signs of fraud for scammers to steal your personal information.
The wait is over.
Remember the cardinal rule of bonds: When interest rates fall, bond prices rise, and when interest rates rise, bond prices fall. As we’ve seen lately, stocks are more likely to grab the headlines, but over time bonds do some of the heavy lifting that can make a real difference in the success of your portfolio. Let’s take a look at a few of the reasons why that is so.
Grandparents have a special relationship with their grandkids and can be a positive influence on their lives and their future finances. As a grandmother to two wonderful grandkids, I realize the impact that I can have.