By Michele Wojciechowski, Next Avenue Contributor Getty It’s the most wonderful time of the year — unless you get scammed. “In this season of generosity, people let down their guards and tend not to be as skeptical as they would be the rest of the year,” says Christopher Elliott, founder of the consumer-advice nonprofit Elliott Advocacy
Retirement
Jamila Souffrant knew she needed a change. Her three-hour round-trip commute from where she lived in Brooklyn, NY to work in New Jersey had gotten on her last nerve. Meanwhile, she felt like she was missing some of her two young sons’ growth, with all the back-and-forth. That’s when she heard about the financial independence
Getty As people look ahead to their retirement years, a primary objective is to identify areas of risk, with the goal of eliminating each and every risk that they believe could cause them harm. Experienced planners are trained to listen to these concerns, and their recommendations are typically well-intentioned efforts to meet this goal of
While the stock market can yield solid returns, it can be a minefield for those who aren’t financial professionals or who are new to investing. Newcomers can get tripped up trying to follow trends or blind themselves to the realities of the market. It’s important to have a long-term plan and take the time to
Upset mature couple ignoring each other. Close up of a worried senior man in tension at bed. Senior … [+] couple angry with each other after a fight. Getty Brilliant bond manager Jeffrey Gundlach—aka the “bond god”—has decreed that it’s time to sell “junk” bonds. And he’s gone as far as to say that one-third
Getty With holiday cheer abounding all around you, the last thing you want to think about is your personal finances. Yet, the clock is ticking. Once the old year turns over to the new, a curtain of opportunity slams forever shut. This is one priority you cannot put off until tomorrow. It is the single
Senior couple walking on a beach together Getty I’m going to hand you a dead-simple strategy that perfectly lines you up for dividends growing 150%—or more—plus safe current yields of 6.5% and higher. The kicker? This quick 3-step plan positions you for fast 70% upside, too—especially when stocks dive. And if stocks soar? You’ll very
By Mark Miller, Next Avenue Contributor Getty If you’ve ever experienced a long wait to get help from the Social Security Administration, the agency has some good news for you: the pace is about to pick up a bit. Repeated cuts to the agency’s administrative budget over the past decade by Congress have forced the
Dad Giving His Son Advice About Retirement Getty What Can Be Better Than An Inheritance? A Personal Matching Program Getting an inheritance can be a good thing – or a bad thing. While Millennials may wish their inheritance will someday pay for their retirement, that may or may not happen. According to a 2018 Charles Schwab Study,
null Getty “Buy low, sell high.” It’s the oldest investor slogan there is—and the deadliest one, too! You simply cannot afford to give in to this “wisdom” today, even though it’s tempting. Now that we’ve seen a couple of days of weakness, you might be wondering if the recent all-time high was a sign to