From: REAP, LLC. | Retirement & Estate Advisors & Professionals
Wise money moves for parents under 40.
As you start a family, you start to think about certain financial matters. Before you became a mom or dad, you may not have thought about them much, but so much changes when you have kids.
Parenting presents you with definite, sudden, financial needs to address. By focusing on those needs today,…
From: REAP, LLC. | Retirement & Estate Advisors & Professionals
Can the Federal Reserve justify another interest rate hike in the second half of 2017? Given weak inflation pressure, maybe not. The central bank has set a 2% yearly inflation target, but the Consumer Price Index rose only 0.1% in July, resulting in a 1.7% year-over-year gain. Core consumer prices rose 0.1%…
From: finreg.sourcemedia.com
Banking regulators managed to say a little something about living wills yesterday, and no one really cared. American Banker and Reuters offered brief items, probably because there wasn’t much to say beyond the fact that 21 banks have a little more time to turn in their homework….
From: taxfoundation.org
This map shows the real value of $100 in each state. Prices for the same goods are often much cheaper in states like Missouri or Ohio than they are in states like New York or California. As a result, the same amount of cash can buy you comparatively more in a low-price state than in a high-price state.
The Bureau of…
Go to page: Today’s Luxury Car TrendsFrom: REAP, LLC. | Retirement & Estate Advisors & Professionals
While automobiles are depreciating assets, they are necessities for many people. And with advances in technology, car owners have come to expect much more from their vehicles than simply transportation. Are you currently in the market for a new car? Are you familiar with the latest high-tech offerings? Consider your options and decide what’s most important to…
From: fa-mag.com
Good news for everyone waiting for a bubble to burst. Predicting sectorwide crashes in the equity market isn’t impossible.
That’s the conclusion of Harvard University researchers who studied boom-and-bust cycles in publicly traded U.S. industries since 1926. In a new paper, Robin Greenwood, Andrei Shleifer and Yang You found that while not every violent advance in shares ends in horror, those that do…
From: news.morningstar.com
Opportunities exist to be exploited, but they don’t remain constant.
Initially, the Academy of Motion Picture Arts and Sciences honored films that had been released over portions of the previous two years. That decision weakened the awards’ rhetorical power. For example, the Best Picture winner of the dinner held in March 1934, which was hosted by Will Rogers, could neither be…
From: theentrustgroup.com
You don’t have to read far into The Art of the Deal to learn what drives President Donald Trump’s approach to finances and business. Its first line: “I don’t do it for the money. I’ve got enough, much more than I’ll ever need. I do it to do it. Deals are my art form.” Historically, presidents (and one founding father) have taken different…
From: timesherald.com
Baby Boomers: your millennial children are worse off than you.
With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincibles.
The analysis being released Friday gives concrete details about a troubling generational divide that helps to explain much of the…
Article by REAP, LLC.
The one incident that could change your entire future
Whenever you read or talk about important topics like long-term care, health costs or retirement, you have to wade through facts, statistics and other numbers. The average cost of medical care today, the likelihood that you’ll be diagnosed with certain types of diseases, how much money you’ll need to amass in retirement to live and pay for…
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