High-yield savings accounts are great for short-term savings, the compounding interest really helps your money add up over time. The main difference between a high-yield savings account and a traditional bank account is the difference…
These Tips Will Help You Become a 401(k)…
Planning for retirement is a long road and there's no precise way to tell exactly how much money you'll need to have saved. There's no guarantee that a million-dollar 401(k) balance will carry you through…
Goldman Sachs: The Best Election Result for your…
The presidential debate between President Trump and Joe Biden left investors with questions. In the final weeks leading up to the election and the control of the Senate still in question, the possibility of a…
Building Your Retirement Savings Without Adding to Your…
It’s never a bad idea to keep adding to your retirement income in case of any surprise costs, but adding to your tax burden can add unnecessary stress. Taking a look at this tip will…
Economists Predict Stock Market Shakeup Continues
Economists are predicting that the volatility experienced by the stock market will continue. Despite the recent positive news, the economic state remains fragile. Per CNBC: The tech wreck is probably not over, despite Friday's market comeback. …
Dow Officially Erases 2020 Losses
The Dow Jones Industrial Average closed more than 150 points higher Friday, officially erasing the losses it endured earlier this year. Friday's good news caps off a strong week for the NYSE. (CNBC) The 30-stock…
Stocks Extend Record Winning Streak
The S&P 500 extended its record winning streak following a better than expected jobs report. (Fox Business) The S&P 500 eked out a fractional gain of 0.06 percent to extend its winning streak to six…
How Much Lower Can Mortgage Rates Go?
Mortgage rates just hit another low. The question now becomes, how long can they stay on this trajectory? (cnbc.com) If there is an upside to all the pandemic-induced uncertainty in the economy, it’s the rock-bottom…
Wall Street Frets Over Possible Biden Victory
Wall Street strategists are openly fretting about the outside chance of a blue wave this November. The impact on stocks will be "generally negative" if the party known for more sweeping regulations and higher taxes…