A fiduciary is another person who acts on your behalf, often managing financial assets. For someone to be a true fiduciary, they have to have your best interest in mind, they are not acting to benefit themselves or any other party, only you. A true …
Being unemployed is extremely stressful. All of a sudden there may be questions you never considered – how will you pay your bills? Can you afford for your child to go to dance class or stay in the school band? No one wants to be …
Have you heard the term “Dead Cat Bounce” on the news lately? Sounds kind of morbid doesn’t it? Well, in a way it is. According to Investopedia, a Dead Cat Bounce is a slight recovery in a downturn followed by the continue fall of stock …
There’s a lot that’s uncertain right now, is the coronavirus in my town? In your building? Are you going to have a job after this is all over? Is a recession coming? These are all big scary questions that honestly, no one really knows the …
Are you worried about an impending recession? Have you been wondering how to create a budget and maybe even putting it off? Well, you’re in luck because we have a completely free downloadable budget template here. It’s just a simple excel spreadsheet, but it’s easy …
What are puts? What’s a Call? Should you trade options during a recession? If you’ve wondered any of these questions, stay put (hah!). We’ll explain some of what you might be hearing, and even some ways you might be able to protect your accounts during …
So how does this Coronavirus affect your retirement account? What should you do with your retirement accounts as the market crashes?
When my dad first retired, his response to the question, “how does it feel to be retired?” was “it’s weird”. He went on to explain how strange it was to not be making money any more, only spending it. He was right, that did seem …
Banking is a concept that has been around since the invention of currency and trading. People don’t want to hold onto their own money when it’s convenient to store it in a central location. Now, banks offer a wide range of products and services beyond …
Options aka financial derivatives can be really difficult to understand, and even harder to make money off of. This post is going to attempt to make sense of some options basics.