Monthly Archives - November 2017

Alan Greenspan

Alan Greenspan Warns About Trying to Stimulate Economic Growth

In a recent interview with Fox Business, former Federal Reserve Chairman Alan Greenspan warned about trying to stimulate economic growth. While growth in economic productivity continues to remain limited, the Trump Administration has adopted a 3% annual GDP growth target as one of its aims. Greenspan believes that the government should be cautious in targeting a rate that high. The primary means the government might attempt to hit a 3% target would be to urge the Federal Reserve to engage [...]

be thankful

7 Things for Investors to Be Thankful For

Thanksgiving may be over, and we may be recovering from our food comas and trying to work off the extra pounds we put on, but that’s no reason to stop giving thanks for all of our benefits. For American investors, in particular, there are many things to be thankful for. When looking at all the options available to investors, there’s probably never been a better time in history for investors than right now. 1. Compound Interest Compound interest is often referred [...]

crying dollar bill

Watch the Declining Dollar

High stock market prices have fooled many people into thinking that the economy is doing just fine, even though that’s not really the case. Economic productivity is still only increasing slightly. And the lowering unemployment rate is more the result of people continuing to leave the workforce than it is the result of the creation of new jobs. For workers who are employed, wage growth has been largely stagnant for years. So if stock markets aren’t a good indicator [...]

girl sad over accounts

Today’s Americans May Be Worse Off in Retirement Than Their Parents

One of the greatest benefits of the post-World War II economic boom was that many workers became so well off that they could retire comfortably once they reached their golden years. The days of living paycheck to paycheck and having to work into old age until no one would keep you employed ceased to become a reality for millions of Americans. Freed from having to eke out a living into old age, Americans now readily embrace the dream of [...]


Changes Could Be Coming to Your 401(k) Plan

The Republican tax reform bill has finally been introduced in the House of Representatives, allowing us finally to see what could be in store for us in the future. A much higher standard deduction, fewer tax brackets, and significant changes to tax credits have garnered many headlines. Less well-appreciated are the changes that could be coming to 401(k) plans if this bill makes it into law. Don’t worry, contribution limits haven’t been decreased as some people had initially feared. [...]