Ways to Repair Your Credit Score: Provided by Marc Aarons @ Money Managers inc.
Steps to get your credit rating back toward 720. We all know the value of a good credit score. We all try to maintain one. Sometimes, though, life throws us a financial curve and that score declines. What steps can we take to repair it? Reduce your credit utilization ratio (CUR). CUR is credit […]
Keeping All This Volatility in Perspective: These recent ups & downs are reminiscent of past Wall Street swings.
Provided by Marc Aarons @ Money Managers Inc. Fall might be anything but calm on Wall Street. Volatility is back, in a big way: the CBOE VIX has risen more than 105% since the end of July. Additionally, 11 of the 15 trading days ending September 9 were “all or nothing” days in which more […]
Riding Out This Volatile Market: A major global selloff unfolds. Is a bottom near?
Provided by Marc Aarons @ Money Managers Inc. When will the stock market stabilize? As the last trading week of August began, worried investors wondered just that. Gains for the major indices were hard to imagine at Monday’s opening bell, but few imagined the Dow Jones Industrial Average would drop 1,089 points as trading […]
What Does the Devalued Yuan Mean for the U.S.?
A look at China’s unexpected move & its potential impact. Provided by Marc Aarons @ Money Managers Inc. China has surprised global investors by weakening the yuan almost 5%. Its central bank may even weaken it further.1,5 Why did the PRC make this move? Its long-booming economy is in a slump. Most notably, Chinese exports […]
Teaching Your Heirs to Value Your Wealth
Values can help determine goals & a clear purpose. Provided by Marc Aarons @ Money Managers Inc. Some millionaires are reluctant to talk to their kids about family wealth. Perhaps they are afraid what their heirs may do with it. In a 2015 CNBC Millionaire Survey, 44% of families having at least $1 million […]
Is America Prepared to Retire?
Two-thirds of us have no financial plan. Provided by Marc Aarons @ Money Managers Inc. Only 48% of Americans say they think they are saving enough. And 30% feel that they are not even slightly confident that they are saving enough for retirement. That finding comes from the 2015 Consumer Financial Literacy Survey conducted […]
Is Your Company’s 401(k) Plan as Good as It Could Be?
In light of a recent SCOTUS ruling, this is a good time to double-check. Provided by Marc Aarons @ Money Managers Inc. How often do plan sponsors check up on 401(k)s? Not as often as they should, perhaps. A recent legal development seems to call for greater supervision of these plans from employers – […]
At Last, a Greek Debt Deal
A look at the winners, losers & terms. Provided by Marc Aarons @ Money Managers Inc. It looks like Greece will stay in the euro. After eurozone finance ministers pulled an all-nighter, negotiating for 17 hours into early Monday morning, the government of the beleaguered nation accepted the latest bailout terms offered by its creditors. […]
Another Glitch Hits Wall Street
The NYSE freezes floor trading for more than three hours. Provided by Marc Aarons @ Money Managers Inc. Floor trading was abruptly halted at the New York Stock Exchange Wednesday. At 11:32 am EST, a sudden problem forced the NYSE to interrupt trading in all symbols and cancel all open orders in its main market. […]
Behind on Your Retirement Savings?
What steps could you take to catch up? Provided by Marc Aarons @ Money Managers Inc. If life has not allowed you to build substantial retirement savings, what can you do to improve your retirement prospects? Here are some suggestions. Play catch-up. If at all possible, take advantage of the catch-up contributions the IRS allows […]