Many fund companies display their performance figures prominently, but they may take a low-key approach when it comes to mutual fund fees. Generally, when funds are doing well and returns are strong, investors tend to overlook the fees charged by mutual funds. However, regardless of the performance of your investments, you should understand what fees…
America’s older generations grew up in a different world where it was customary to be courteous and trusting. Unfortunately, these exemplary standards of conduct could get some individuals into trouble. Con artists bank on the willingness of older Americans to trust in a variety of too-good-to-be-true investment “deals,” making them growing targets of financial fraud.…
Are you one of the many American consumers currently asking yourself, “How can I better control my use of credit?” Consumer debt in the United States totals billions. Much of this debt belongs to consumers who use credit wisely, but a considerable amount is owed by people whose credit obligations have gotten out of hand.…
Preparing for retirement can be a daunting task at the best of times, but when a recession is looming, it can be even more challenging. The global pandemic has caused significant economic disruption, and many people nearing retirement age may be feeling particularly vulnerable. However, there are steps you can take to prepare for a…
As an investor, you undoubtedly ask when, or if, the Federal Reserve Bank (the Fed) raises interest rates, how will that affect consumers and businesses? What about the consequences for certain segments of the economy?
Retirement is a time for pursuing your passions, reaping the fruits of your life’s work, and making the most out of life. But there are many financial pressures facing those planning to retire in the coming months and years.