Tuesday, March 30, 2021

Fresno Financial Consultant News: Should You Purchase Flood Insurance?

If it rains where you live, it can flood at your house. Extreme weather, leading to hurricanes, storm surges, flash floods and rising bodies of water, is no longer a problem exclusive to coastal areas. Almost every home in America is potentially a flood zone. A flood zone is simply a measure of risk. You…

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Sunday, March 28, 2021

Fresno Financial Advisor News: How Working From Home Can Help Couples

The recent pandemic created quite a dilemma for working parents when schools and daycare centers closed. Employees required to report to work were hard-pressed for child care. As parents adjusted to working from home, many also had to manage their children’s online classes and cabin fever since they weren’t able to see friends or engage…

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Thursday, March 25, 2021

Fresno Financial Advisor News: The Effect of Debt on the Global Economy

The national debt is a measurement of how much the federal government owes creditors, most commonly depicted as a percentage of gross domestic product (GDP). A high debt-to-GDP ratio is considered viable when the economy is expanding, because that growth allows the government to generate higher tax revenues to help pay down the debt. However,…

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Monday, March 22, 2021

Fresno Retirement Advisor News: Troubled Mortgages

A lot of factors affect real estate prices, including interest rates, inventory, local foreclosure and short-sale rates, and even natural disasters. This year, as it was during the Great Recession, underwater mortgages and the potential foreclosure rate is a concern. Being “underwater” or “upside down” means that you owe more on your mortgage than the…

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Friday, March 19, 2021

Fresno Financial Consultant News: Let’s Talk About … Bankruptcy

According to a recent paper by a Wharton Business School professor, one in 10 U.S. households have filed for bankruptcy at some point. Moreover, approximately 1 million file for personal bankruptcy each year. Yet, even in the wake of total household debt soaring to a record $14.3 trillion in the first quarter of 2020, the…

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Tuesday, March 16, 2021

Fresno Retirement Consultant News: Let’s Talk About … the 401(k)

The 401(k) originally began as a company profit-sharing plan. Companies had been funding defined benefit pensions for years, but as their annual profits and stock prices experienced volatility, they looked for ways to share that burden with employees. Through profit sharing, workers made money when the company did and made less during down years. While…

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Saturday, March 13, 2021

Fresno Financial Advisor News: Retail Trading Frenzy: Lessons From Gamestop

Overview Starting on Jan. 25, 2021, the stock market witnessed an extreme trading frenzy driven by a relatively small number of stocks. It began with GameStop, a struggling brick-and-mortar retail chain, which last summer was trading at around $4 per share. GameStop has been a lackluster stock for much of its history. Since the company…

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Fresno Financial Advisor: February 2021 Highlights

Fresno Financial Advisor News: The Shape of Economic Recovery Schedule Your Tele-Visit! Overview Following the longest recorded economic expansion in history, the U.S. hit its peak in monthly economic activity in February 2020. And yet, this was quickly followed by two consecutive quarters of economic decline — thanks to the coronavirus invasion on U.S. shores.…

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Top Retirement Strategies for July 2025

The earlier you begin saving, the more beneficial it will be. Fortunately, regardless of whether you are employed by a large company, your r...