When a spouse dies, the emotional magnitude of the loss can send your life reeling. It can also affect your finances. You are pressured to do many things all at once. It is best to leave off bigger long-term decisions until later, when you are less distressed by your bereavement. With the passage of time, […]
The road map to replacing old-fashioned carbon-emitting cars with electric vehicles is well developed – at least in theory. All the major car makers (and even some of the smaller ones) are publicly committed to electric. But actually, buying a new electric car? That’s another matter entirely. Volkswagen, the largest car manufacturer in the world, […]
A bear market is officially here thanks largely to stubbornly high inflation. For many of us, it has probably felt like a bear market for a while now, but the S&P 500 Index didn’t close more than 20% below its January 3 record high until Monday. Tech stocks are down a lot more—the Nasdaq Composite […]
Over the next twenty years, a wealth transfer will occur that exceeds $30 trillion as the Baby Boomer generation passes the remainder of their wealth to the Millennials and subsequent generations. The Baby Boomers (born 1946-1964) are considered the wealthiest generation, currently controlling 70% of the disposable income in the United States. It is imperative […]
Working towards financial independence can often be a lifelong process. But for many, financial freedom may come far sooner—and include some fun along the way. What are the differences between financial independence and financial freedom, and what steps can you take to work towards both goals? Here we discuss the answers to these questions and […]
This month we set our sites on Buffalo Wings, but first a little about their origin. There are several claims about the invention of Buffalo wings, but the most accepted version is that Buffalo wings were first prepared in 1964 at the Anchor Bar in Buffalo, New York. One of the owners needed a fast […]
The bull market that began in March of 2020 came dangerously close to an end. From March 23, 2020, through January 3, 2022, the S&P 500 Index gained 114% (excluding dividends). From that January 3 closing high through the recent low on May 19, the S&P 500 fell nearly 19%, narrowly avoiding the level at […]