If you’ve been working for a midsize or larger employer, chances are you’ve been utilizing a 401(k) to save for retirement. And even if you haven’t, you probably have an Individual Retirement Account (IRA) into which you’ve been saving every year. The great thing about these savings accounts is that the IRS gives you a…
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For those of you who have not been following recent news about the Federal Reserve Bank (the Fed), Janet Yellin, Chair of the Board of Governors, announced some time ago that the Fed is likely to raise interest rates at its upcoming September 16th meeting. Historically the Fed has always been vague about discussing the…
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Having just lived through a couple of the most volatile stock market weeks we’ve seen in a long time, it’s natural for your thoughts to shift to capital preservation. From the 1980s through the dot com bust you could have allocated a portion of your investment portfolio to money market funds knowing that it would…
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