Key takeaways Throughout periods of high inflation, there are certain companies that come out as winners and others that are losers. Sectors like consumer discretionary and tech can often struggle during periods of rising prices, while consumer staples and the energy sector tend to remain much more resistant. As well as certain stocks, there are
Retirement
You’re either about to retire, just recently retired, or have been retired for some time when it strikes you out of the blue. It could be prompted by any number of factors. You could be worried about inflation eating away at your hard-earned savings. It could be you’re bored. Or it could be you miss
Assuming you and your job made it through the pandemic unscathed–or maybe only mildly touched–and you are now in your 60s or 70s, you might be starting to think about that life passage known as “retirement.” Retirement is more than an event; it’s a process. If you have been working steadily at a job, on
As the Federal Reserve has been increasing interest rates to combat inflation, there have been several obvious effects on the economy. New loan rates for the purchase of cars and home mortgages have gone up and, in many cases, have doubled from where they were just 18 months ago. On the other hand, interest rates
It is well understood by now that the pandemic had adverse effects on mental health, particularly for school aged children. But officials have noted that isolated elders suffered tremendously as well. Our elders are the most vulnerable to Covid, and had to stay away from those they love because of the risk of life-threatening infection.
As I am writing this on Wednesday morning, November 9, 2022, the midterm results are not all counted and which party has control of the Senate and House of Representatives has not been determined. But no matter who wins, Bidenomics won the midterms. Since Joe Biden was elected President, with no Republican support, the Democrats
You’ve got the time. You’ve got the desire. And you’ve got a few extra bucks to spend. Starting a business in retirement sounds like a piece of cake. Don’t be lulled into a false sense of security. There are many ways to trip yourself up. And the downside isn’t just a failed business; it’s a
You’re retired. You’re no longer on the clock. You get to sleep in, spend time savoring your food and do just about anything you want to do any time you want to do it. Ah, time. You suddenly have loads of it. You probably have something similar to a laundry list of things to do
The Medicare Open Enrollment Period is in full swing. From October 15 through December 7 every year, Medicare beneficiaries have the chance to review their drug and Medicare Advantage plans. During this time, they can also add or drop Part D prescription drug coverage or Medicare Advantage plans, and switch from Original Medicare to Medicare
Key takeaways Inflation has increased 0.4% in October, below forecasts of 0.6%. This brings the annual rate down to 7.7%, the lowest level seen since January this year. It’s hoped that this will mean the Fed is able to implement their plan of slower rate hikes, which would take some of the immediate pressure off