This is a story about dreams and money.
Bull and bear markets, though diametrically opposed, share one distinct quality. In both environments, people will find reasons why it is not the right time to invest.
Business transactions can feel uncomfortable when there is an imbalance of knowledge between you and the person providing the product or service. If you know nothing about cars, you can’t help but feel suspicious when a mechanic recommends unexpected repairs. Unfortunately, some people try to take advantage of that discrepancy to enrich themselves at your expense.
Debt is as American as apple pie, found in households of all shapes, sizes and incomes. It is a part the financial lives of both the rich and poor as well as the working and retired. Given debt’s many harmful effects, what can you do to best manage it? The answer may lie in understanding what propels you to borrow in the first place.
Don’t let anyone tell you that your birthday is just another day. Each revolution around the sun may mean greater access to your retirement savings and other assets. That’s worth celebrating. As you start to prepare for retirement from AT&T, there are some birthdays that are more important than others.
Choosing when to retire is one of the most important – and sometimes difficult – financial decisions to make. You must align your personal needs and aspirations with the economic realities of your situation.
Something we emphasize when meeting with new clients is that their financial plan is dynamic. The goal is to continuously work toward or preserve the life you want. So, it changes as market conditions, government policy, economic factors and personal financial conditions make it necessary to change. It changes as your life changes. In other words, it is never perfect.
Advance Capital Management’s president and chief investment officer, Christopher Kostiz, provides his key economic and market insights from the most recent quarter.