Long-term care insurance (LTC) is a type of insurance policy that covers the cost of long-term care for people who require assistance with daily living activities due to aging, chronic illness or disability. This type of insurance policy provides financial protection against the potentially high costs of long-term care services, such as nursing home care, […]
During this interest rate hiking cycle, an opportunity has been presented for investors to manage their cash much more effectively than in the past decade. In today’s article, we want to walk you through the options available and how to make the best decision for your personal finances. Traditionally, savings accounts have been a popular […]
With Q1 in the books, we saw stock prices generally rise across all indices. We will kick off earnings season with the banks to report at the end of the week. Analysts estimated are expecting a decline of -6.6% from last quarter which would mark the biggest earnings decline since Q2 2020. Below is a […]
For about a year now, the media headlines have been flooded by the potential of a recession. In this article we will go through the common indicators of past recessions and ways to prepare if that does come to fruition. While a recession in the economy is never guaranteed, regardless of what the talking heads […]
With the many headlines in the investing news, one key factor we watch is the value of the US Dollar vs other worldwide currencies. The US dollar is the world’s most dominant currency and is used as the primary currency for international trade and investment. Its importance lies not only in its wide usage but […]
Markets can be turbulent, and as investor, we all experience emotions that effect our decision making and lead to common biases of what should happen next. Investing biases are psychological factors that can lead investors to make irrational decisions, often resulting in poor investment outcomes. These biases can be dangerous for investors because they can […]
In light of recent events, there is concern among investors in the stability of the U.S. banking system. The FDIC has a crucial role to ensure deposits are protected and mitigate potential risk to consumers. The FDIC (Federal Deposit Insurance Corporation) is a U.S. government agency created in 1933 in response to the widespread bank […]
Credit scores were first introduced in the United States in the 1950s by the Fair Isaac Corporation (now known as FICO). The credit scoring system was designed to help lenders assess the creditworthiness of potential borrowers and reduce the risk of lending money to people who may not be able to repay it. Before the […]
The majority of Americans believe that we are already in a recession, and have thought so for quite some time. YouGov is a leading global public opinion and data company that conducts surveys on a wide range of topics, including politics, consumer behavior, and social issues. The results of their surveys can provide insights into […]
Income taxes are a significant source of revenue for governments worldwide. They are levied on the income earned by individuals and corporations, and the rates at which they are taxed vary from country to country. The idea of taxing income dates back to ancient times, but the modern income tax system as we know it […]
