Today much of our financial lives exist in cyber space, which means protecting your identity from hackers is now an important part of managing your money.
Let’s be honest: bonds are boring. Their relatively consistent and modest returns lack the daily excitement of erratic stock prices. So, when bonds do make headlines, it may be time to pay attention.
One important factor you can’t control in your financial life is government policy. And, recently, the Federal Reserve raised its policy interest rate by a quarter of a percentage point.
It doesn’t take a government report to know that prices are higher now than a year ago.
If you’ve filled up the gas tank, ordered a cheeseburger or tried to buy a new couch in the past year, then you’ve probably felt a little sticker shock due to rising inflation.
Wow, 2020 sure seemed to last forever, right? Now, we can finally, finally say goodbye… wait, being told that it is actually the end of 2021.
Your finances don’t necessarily follow the calendar, but some parts of the year are better for financial housekeeping than others. With tax season around the corner, the end of the year is a great time to review your finances and plan for the new year ahead.
“Inflation is caused by too much money chasing too few goods.” -Milton Friedman
Yes, you read the title right. Too much cash. Some of you may be thinking: how can anyone have too much cash? To put it one way, cash is a financial asset, but it’s not always an asset to your finances.
We are happy to recognize four Advance Capital Management financial advisors – Ryan Sheffer, Michael Hohf, Daniel McHugh and Terra Hohf – have been named to Forbes magazine’s 2021 Top Next-Gen Wealth Advisors list.
Has someone stolen my home? Will I be evicted? Is all my equity gone?
