Tag Archives: personal finance

Survey: Parents Holiday Spending Of $422 Per Child Means Many Are Overextending!

survey of parent spending habits for christmas

A survey conducted for T. Rowe Price confirms what many of us already knew…When it comes to holiday gift buying parents may spend money they do not have to make their children happy! SURVEY FINDINGS: Getting everything takes priority over budgeting: 53% of parents agree with the statement, “I try to get everything on my […]

2017: 20 Personal Finance Tips

Top 20 personal finance New Year

With 2017 right around the corner it can only mean one thing! That once again it’s time to make our New Year’s resolutions! Resolutions that, using history as our guide, for the most part will likely be violated by January 3rd if not sooner! For a look back, in 2016 these were the five most common […]

Post-Election: Exuberance In Stocks, Carnage In Bonds And An Unknown For Real Estate!

Ten-year Treasury Bond Yield chart

Depending on your perspective as an investor in stocks, bonds or real estate, the post-election action in the financial markets has either been phenomenally great or dismally destructive! Of course if your portfolio is well diversified as the experts suggest that it should be, then that makes for an entirely different story altogether. Bond Market […]

69% Of Americans Have No Financial Cushion! (Survey)

American debt burden chart

In a survey conducted by GoBankingRates.com, nearly 7 out of 10 Americans answered that they have less than $1,000 in savings accounts! This sorry state of affairs is far worse than the result reported in 2015 when another GoBankingRates survey asked 5,000 adults the same question, and 62% said they had less than $1,000 accessible were […]

Have You Been Carefully Checking Your Credit Card Bill?

consumer right to choose their title company

If you’re like most people, when your credit card statement arrives in the mail you check each item carefully to make sure that there are no errors and that you’re not being overcharged! And rightfully so, as no one wants to pay more than they are supposed to be paying! In much the same way when […]

Interesting Divergence Post-Brexit Between Stocks And Treasury Bond Price Action!

stock market

Summary: Brexit: Stocks going up while treasury yields are going down? Intuitively it’s not necessarily supposed to be that way! The price action comparison between the stock market and the 10-year U.S. treasury yield since the Friday following the Brexit victory offers an interesting contrast and potential warning sign for investors! Stocks Since the huge move […]

‘Brexit’, Derivatives And Unemployed Drinkers!

financial risk

Summary: Whether we work in real estate, on Wall Street or maybe in the manufacture of widgets… What is the potential impact on global financial stability from a yes vote next week for Brexit? On June 23, 2016 Britain will be holding a referendum that will decide whether or not the country will remain in […]

Puerto Rico And Politics! (Video)

Puerto Rico default

Yesterday, May 2, the Puerto Rico Government Development Bank defaulted on approximately $422 million in debt payments! Long in fiscal disarray, this missed payment by Puerto Rico was merely the opening salvo in the Island’s debt crisis as over the summer approximately $2 billion more is going to be coming due. Consider for a moment why […]

The Central Bank Casino…BOJ, Fed, Real Estate And Mortgage Rates!

Zirp and Nirp

(Note: This article also appears at econintersect.com) This week both the Bank of Japan and the Federal Reserve will be meeting to chart the future course of interest rates! In the U.S. where prior to the recent small interest rate hike ZIRP or zero interest rate policy had been in place, speculation over whether the Fed will raise or stand […]

Presidential Election: What Would Each Candidate Mean For Your Federal Income Tax Liability! (Tax Calculator)

In addition to many other issues, your choice of candidate in the 2016 presidential election will have an impact on your wealth! Specifically each of the candidates has their own opinion as it relates to the way in which federal income taxes should be collected and on which income brackets that the greatest tax burden should […]