It’s common for people to want to leave money behind for their children and family members after death. After spending years working to earn a living, people are proud to leave behind a legacy and help their future generations to be better off. But there’s a common saying regarding generational wealth – “Shirtsleeves to shirtsleeves…
Following a year of economic instability, it appears that many of us are turning our attention to something that’s been around for decades, but has recently piqued national interest – inflation. In fact, a recent study found that people are Googling the word “inflation” at a rapid rate, with a peak not seen since 2008.1…
The travel industry has begun to see growing demand as we move closer to summer. However, not all travel will be the same, as much of the demand is directly related to the COVID-19 vaccine and reduced CDC restrictions. Instead, industry trends have emerged based on individual comfort levels as they apply to different modes…
Cryptocurrency has grown in popularity in recent years, and the possibility of using it as a part of your retirement saving strategy is no longer a fantasy. Some plan providers are offering businesses the choice to provide employees with an ERISA-compliant 401(k) plan that includes a portion of contributions being directed to cryptocurrency assets. With…
Bitcoin made its debut in 2009 and has grown exponentially since. For example, in mid-September, Bitcoin was valued at a little over $10,800 per coin. As of early June 2021, bitcoin is valued at about $36,600 per coin.1 Cryptocurrency and the blockchain technology has continued to gain popularity over the past decade, and investors are still…
This tax season may be a bit different for many Americans, due to economic uncertainty and changes amidst the COVID-19 pandemic. Giving your tax return a bit of extra attention and effort could help avoid problems or identify additional opportunities. Here are six tips investors may want to try before filing their 2020 taxes. Tip…
Self-employed individuals and small businesses account for a significant portion of our country’s economy. During a global pandemic, like the one we’re experiencing now, small businesses suffer some of the hardest hits. Last March, the CARES Act allocated funding to support the U.S. economy and workers through the Coronavirus pandemic. The legislation included a number…
Everyone you and I have ever met has been affected by the coronavirus. My childhood friends in Miami, Tom Hanks, the folks I met in Portugal. It’s likely that every human on the planet has been affected by COVID-19. I’m not sure that this kind of event has ever happened before in human history. Though…
Some market strategists are calling the end of the bear market already … do you think they’re right? (Keep reading to see what could be behind the surge, as well as a breakdown of how the $2 trillion CARES Act affects your wallet.) With markets whipping between rallies and retreats, it’s natural to ask: Is it time to…
If you ask an economist what makes them toss and turn at night, chances are they’ll tell you, “Fear of missing the warning signs of a recession.” After all, for anyone who studies the economy for a living, few things could be worse than a sudden economic slump catching you by surprise. That’s why many…
