The start of a new year is a good time to review your investment portfolios (and waistlines) and trim the fat. This year, I’ve decided it’s time to slim down my own bloated portfolio. My first two investments were a pair...
2022 looks set to be financially challenging for many people. These New Year’s resolutions are designed to ensure your wallet enjoys a healthy year. Cash savings are likely to be hit with double whammy of rising inflation and (still comparatively low)...
Robots want to be your next financial advisor. Not so long ago, this notion might have sounded like science fiction fantasy – the C-3PO cyborg from “Star Wars” in a power suit on Wall Street, perhaps. But robots, or so-called “robo-advisers,”...
Geber86 | E+ | Getty Images 1. Boost your savings rate It can be difficult to know how much is enough when it comes to your retirement savings rate. “We tend to advocate for a 15% deferral rate, and that includes...
Oscar Wong | instant | Getty Images Planning to save more this year? There is a higher 401 (k) employee carryover limit for 2022, and now is the time to increase contributions, financial experts say. Employees can funnel $ 20,500 towards...
Ariel Skelley | Digital vision | Getty Images Looking to be happier with your life and finances in 2022? The answer may be to find professional help. According to a study by Herbers & Company, people who worked with a financial...
Clemens Porikys | Getty Images Entertainment | Getty Images Many workers look forward to the day when they can retire. A recent survey by Natixis Investment Managers sought to find out exactly when most Americans expect to stop working. The average...
XiFotos | E + | Getty Images Inflation is not just a daily concern for Americans. It is now also their main risk for retirement. An Allianz Life Insurance Company of North America survey finds that 25% of Americans see rising...
After a year of double-digit stock returns, it may be time to rebalance your portfolio, shifting the percentage of stocks, bonds, and other assets toward target allocations. Investors choose each amount based on their risk tolerance and long-term goals. However, as...
When the Covid lockdowns began last March, Melissa Jean-Baptiste felt uncomfortable. The market was in sharp decline, millions of people were newly unemployed, and the future was unknown. This uncertainty prompted Jean-Baptiste, personal finance coach and co-founder of Millennial in Debt,...
