We’ll discuss 3 reasons to avoid using safe deposit boxes, and 3 essential tips for those who choose to use them.
The Smart Money Guide
Tips, strategies, articles and videos to help you build and keep your wealth
Rate Hike: Good or Bad for Retirees?
The Fed recently announce a .25% increase to the Federal Funds Rate. Additional incremental rate hikes may follow in 2016. If you are retired (or soon will be), you will want to consider what gradually higher interest rates could mean for
Do Our Biases Really Affect Our Financial Choices?
Investors are routinely warned about allowing their emotions to influence their decisions. They are less routinely cautioned about letting their preconceptions and biases color their financial choices.
The S&P 500’s Long Ascent
The S&P is the broad benchmark that economists, journalists, and investors regard as shorthand for the “market.” As the S&P 500 includes about 500 companies, it represents overall market performance better than the…
Letting Time Work for You
As a young investor, you have a powerful ally on your side: time. When you start saving and investing for retirement in your twenties or thirties, you can put it to work for you.
How to Worry Less
While no one likes to see their investment portfolios correct, this article just might make you LOVE a market correction.
Open Letter To Our Clients and Friends Concerning Recent Stock Market Volatility
Friday’s 530 point drop in the Dow barely takes us into the technical definition of a stock market correction since reaching its all-time high in May. Richard Sturm’s open letter to clients and friends outlines his observations.
Taking a Loan From Your Retirement Plan May Be a Bad Idea
Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that, because these loans are not only risky but could also jeopardize to your retirement planning.
Mid-Life Money Errors
Between the ages of 40 and 60, many people increase their commitment to investing and retirement saving. At the same time, many fall prey to some common money blunders and harbor financial assumptions that may be inaccurate.
How Might Higher Inflation Affect Your Investments?
What might higher inflation (and correspondingly higher interest rates) mean for your portfolio? Under such conditions, your investments may perform better than you think. But caution may be in order.