Funding the next generation’s education expenses can be an efficient way to provide financial assistance to your family members without incurring the gift or GST tax.
To much applause, Chuck Schwab past week surprised the Street with his zero commissions policy on stock trades. This makes Charles Schwab as a stock one gigantic interest rate play because they arbitrage client credit balances, paying out much less than they earn on reinvestment.
A cash cushion is not the same as an emergency fund. And yet, it could mean the difference between spending your remaining years in a comfortable retirement, or an anxious one.
About a year ago, we wrote a popular blog post on pumpkin spice season. Based on Twitter data and search trends, we could see that pumpkin spice season had started earlier than ever, and was bigger than ever.
If you are trying to figure out how much money you need to save for retirement, there’s an easy rule of thumb that you can use: simply multiply your expected annual expenses in retirement and multiple them by twenty-five.
Lower fees are always a good thing for investors, so I’m all for Vanguard's proposed robo-advisor service. Making investing easy is also a good thing, and the new service will do that. But please, Vanguard, if you’re listening, remove me from your mass marketing campaign now – before it starts.
The financial advice industry is known for having strong opinions. Politics is like that too. Especially these days. To be clear, this is NOT a political commentary. I direct you to a zillion other locations on the internet for that.