Cybercurrencies: A Risky Choice in 2018
Cybercurrencies: A Risky Choice in 2018 This year, we have seen the downside of bitcoin & other altcoins. Provided by Marc Aarons @ Money Managers, Inc. Bitcoin. Ethereum. Litecoin. Ripple. Ether. As 2017 ended, the prices of these cybercurrencies were soaring. In early 2018, they have plummeted. Opportunistic investors have been left to wonder: Are […]
What Do You Have in Reserve for 2018?
What Do You Have in Reserve for 2018? Build your emergency fund this year. Provided by Marc Aarons @ Money Managers, Inc. How much does the average American household have in the bank? Estimates vary, but the short answer to this question is “not enough.” Last year, a GoBankingRates poll discovered that 57% of U.S. […]
The Retirement Mindset
The Retirement Mindgame Your outlook may influence your financial outcome. Provided by Marc Aarons @ Money Managers, Inc. What kind of retirement do you think you’ll have? Qualitatively speaking, what if the success or failure of your retirement begins with your perception of retirement? A whole field of study has emerged on the psychology […]
Retirement Questions That Have Nothing to Do With Money
Retirement Questions That Have Nothing to Do With Money Think about these matters before you leave work for the last time. Provided by Marc Aarons @ Money Managers, Inc. Retirement planning is not entirely financial. Your degree of happiness in your “second act” may depend on some factors you cannot quantify. Here are a few […]
How the Tax Reforms Will Take Effect
Some of the impact of the Tax Cuts & Jobs Act will be felt later than January 1. Provided by Marc Aarons at Money Managers, Inc. President Donald Trump signed the Tax Cuts & Jobs Act into law on December 22, and on January 1, some key details of the Internal Revenue Code will abruptly […]
Congress Passes the Tax Cuts & Jobs Act
What will the near-term impact be? Provided by Marc Aarons @ Money Managers Inc. On December 20, Congress passed the Tax Cuts & Jobs Act, sending the final version of the GOP tax reform bill to President Trump’s desk. The legislation alters the Internal Revenue Code to a degree unseen since the 1980s, altering income […]
Comprehensive Financial Planning: What It Is, Why It Matters
Your approach to building wealth should be built around your goals & values. Provided by Marc Aarons @ Money Managers Inc. Just what is comprehensive financial planning? As you invest and save for retirement, you may hear or read about it – but what does that phrase really mean? Just what does comprehensive financial planning […]
Now 64? Prepare to Sign Up for Medicare.
This is the time to arrange lifelong health coverage. Provided by Marc Aarons @ Money Managers, Inc. Age 64 is the age when you are reminded that you are a baby boomer growing older. Regardless of how young or old you feel at 64, you should make sure to sign up for Medicare. The […]
Should We Reconsider What “Retirement” Means?
The notion that we separate from work in our sixties may have to go. Provided by Marc Aarons @ Money Managers, Inc. An executive transitions into a consulting role at age 62 and stops working altogether at 65; then, he becomes a buyer for a church network at 69. A corporate IT professional decides to […]
When Will the Business Cycle Peak?
As the recovery lengthens further, this is a natural question to ask. Provided by Marc Aarons @ Money Managers, Inc This decade has brought a long economic rebound to many parts of America. As 2017 ebbs into 2018, some of the statistics regarding this comeback are truly impressive: *Payrolls have grown, month after month, […]