10 May 2019

Progressive’s Push on Credit Cards Is Major Wedge Issue With Biden

      The recent news that Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez will introduce legislation to cap credit card interest rates at 15%, should be a major wedge issue between the progressives (including Sen. Elizabeth Warren) and Joe Biden. This is a stark difference in their views about

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13 Apr 2019

Jamie Dimon Shows His Sense of Entitlement; He Is No Average American

        JP Morgan CEO Jamie Dimon (salary: about $21 million annually) knows a lot about banking, but not much about how average people manage their finances, including a minimum wage teller who works for his bank. In this interesting video exchange, Dimon is dumbfounded when asked how

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21 Mar 2019

Online Banking Becoming More Popular at the Expense of Traditional Banks

      Online banks that work directly with customers, as opposed to traditional branch banks, are becoming more popular among younger depositors, according to a new JD Power Survey. The survey found that “direct banks continue to significantly outperform traditional retail banks in overall customer satisfaction.” The survey found

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12 Feb 2019

Two New Books Address the Practice of Wealth Management

    Wealth is an intriguing and divisive topic in politics and financial planning today. As a result, discussions about wealth, what it is, how to measure it and how to attain it has become a popular topic among advisors who are all contorting themselves into finding new ways to

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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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01 Dec 2018

New Book Explores How to Cope With Student Debt and Beyond

    Going to college used to be affordable, but the modern economy and rising expenses of advanced education have changed dramatically enough to make college tuition an exorbitant burden. Today, about 70% of all students in the U.S. have some college tuition debt and the numbers below show the

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10 Oct 2018

Social-ESG Investing Gets a Boost from the Big Money

Social or Environmental, Social and Governance (ESG) investing is getting more attention from large institutional investors in five parts of the world than it did only five years ago. The trend towards a greater acceptance of ESG investing comes from two separate studies, one conducted by RBC Global Asset Management

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02 Oct 2018

Making 401(k)s More Attractive to Small Businesses and Workers

Since the first corporate pension plan was created in 1874 by the American Express Company, there has always been a blind spot in how small business owners offered retirement benefits to their employees. For over 70% of business owners, this decision to offer any form of retirement was simple: They

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26 Sep 2018

ESG Investing Gets a New Boost and a New App

      Social investing, now called Environmental, Social and Governance (ESG) investing, has been around since the 1970s, but it now has a new 21st Century incarnation that matches app technology, with focused environmental and social values. These are then combined into equity portfolios designed with maximum appeal to

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17 Jul 2018

How to Hire a Financial Writer

It sounds simple, but hiring a financial writer for a corporate job in the financial services industry is complex. The reason is that many corporate hiring managers don’t have a realistic idea of what a financial writer is supposed to do. Are they going to write speeches, quarterly market commentaries,

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