Personal Financial Advice from a former Certified Financial Planner
Recently, the Democrats passed a bill called the American Rescue Plan Act, that made some changes and updates to the child tax credit. This was quickly spun as either a middle-class tax cut or raising taxes on the poor. It’s weird to see how people can distort what is really …
President Biden proposed increasing the capital gains tax and while that makes great headlines, it probably isn’t as big of deal as it sounds like. First off, the higher tax would only apply to those with income above $1 million. That takes out most taxpayers right there. Avoiding Capital Gains …
Stocks are racing higher here on Inauguration Day. The question, as always, for us non-day traders is whether or not the day’s news and the stock market’s reaction to it is worthy of our time and attention. Why Are Is The Stock Market Higher on Inauguration Day Does the stock …
As part of his campaign for President, Donald Trump offered up some “tough talk” on China. Specifically, Mr. Trump has advocated for labeling China as a currency manipulator. There is a specific provision U.S. law for what happens to countries labeled as such. Labeling China would trigger those actions. Is …
Looks like Donald Trump will be the new President of the United States. Don’t think anyone saw that coming. The polls were way off. The world markets panicked, and it looked like U.S. markets might do the same, but then investors realized what everyone else is slowly figuring out. We …
Here it comes (actually, we’ve been seeing it for a while), the pontification about which U.S. Presidential candidate will help or hurt the American Economy, and by extension, the U.S. Stock market. As you might expect, in the world we currently live in, these articles are tinged, if not rife …
Here it comes… THE SKY IS FALLING! THE SKY IS FALLING! A presidential campaign is officially coming, and unofficially already in full swing. With it comes political ads, ads that make it sound certain that we are doomed, we will be doomed, or we must fix the doom. Are things …
On Friday, the US Department of Labor released the July non-farm payroll numbers. They showed that employment rose by 163,000 while the unemployment rate was basically the same at 8.3 percent. Of course, this is an election year, which means that within minutes, the airwaves were flooded with spin about …
Republicans Win House, Democrats Keep Senate – Gridlock? Traditionally, Wall Street and big business have favored gridlock in Washington D.C. The idea is that when Republicans and Democrats are busy fighting each other, they can’t be changing the laws and regulations that businesses already know. Theoretically, any currently successful business …
