19 Feb 2019

Bad News: Some Advisors Only Want You If You Have a $100,000 Portfolio

        Saving for retirement is hard enough, but now the big guys in the financial services industry continue to add more barriers to make it harder for average Americans to implement a successful retirement strategy. The latest examples come in the form of more lawsuits, regulatory challenges

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14 Feb 2019

Embracing Change When New Ideas Can Remedy Old Problems

      Concerns about the ability to lead a financially secure retirement remains a top priority for many Americans, according to a new survey by the American Institute of CPAs (AICPA).  In their new Personal Financial Planning Trends Survey, 30% of the CPA planners who participated in the survey

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07 Feb 2019

Meet America’s Biggest Socialist Corporations

    In his State of the Union speech, Donald Trump predictably made a number of controversial, inaccurate statements. However, one which caught many people off-guard was his comment that America would never be a socialist nation. In his speech, Trump said: “America was founded on liberty and independence and

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05 Feb 2019

Share Buybacks Used to Be Considered Insider Trading. Not Now.

    In the 1960s, the sale of clear plastic ant farms was a popular gift for kids. The ant farms came complete with ants, a packet of sand and a clear plastic rectangular container that was placed on its own stand, so the ant farm could be viewed in

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18 Jan 2019

New Study Shows Sen. Bernie Sanders’ “Medicare for All” Is Financially Viable

    A new financial analysis finds that Medicare for All, a bill (S 1804) introduced by Sen. Bernie Sanders in 2017, is not only financially viable, but that it could provide health care for all Americans and reduce health care spending by $2.93 trillion over the current system. The

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17 Jan 2019

Why Teaching Financial Literacy Is a Failure

    In a Jan. 9, 2019 press release from American Institute of CPAs (AICPA), the group lists 10 steps individual investors should take to transform themselves into “a new financial you” in 2019. The CPAs offered the list in an honest effort to help Americans “ensure their financial house

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17 Jan 2019

Investors Lose a Great Friend: Vanguard Founder John Bogle Dies at 89

    Most investors take it for granted that the emphasis on low fees and the benefits of index funds and passive investing were always part of the everyday investment options available to average investors. But that is a mistake. The impetus behind all of these pro-investor products and strategies

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28 Dec 2018

Who Benefits From Trump’s Market Volatility? It Is Not Average Investors

      If people believe the fallacy that Trump is a successful businessman, than his negative impact on the stock market is no surprise. Turmoil in the White House begets turmoil in the confidence of the American electorate, as well as in the financial markets.  Whether it is paranoia

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14 Dec 2018

Groundhog Day in the Financial Industry: Why the Retirement Crisis Is Now Permanent

      On a regular basis, some of the largest investment firms in the industry conduct surveys about the state of retirement, individual investor attitudes and their preference about what they would like from their financial advisor or investment firm. These surveys are often statistically rigorous and authoritative, so

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