Study Shows Poor Financial Literacy among Americans
With Americans being forced to take more and more responsibility for their retirement savings and growth, the need for making better financial decisions is becoming paramount. Unfortunately, a recent survey by LIMRA, a life insurance market research association, designed to test the financial literacy of the average American, shows...
Whatever Happened to “Compromise?”
I never thought I’d find myself writing about politics, but a recent 60 Minutes interview highlighted the need for someone to speak out. As I write this, the election is over, and things haven’t changed much. The Democrats still control the White House and the Senate, and the Republicans...
Operating a Home Business: Is It Right For You?
The U.S. Bureau of Labor Statistics estimates that as of 2010 more than 18 million businesses are run primarily out of a home. That may actually be on the low side, given recent advances in mobile and wireless technology, as well as the cost-cutting realities of a low-growth economy. If you’re considering...
Economists Recommend Continuing Stimulus
The National Association for Business Economics (NABE), a large international association of applied economists, strategists, academics, and policy-makers, recently surveyed its 236 members on a number of government policy issues. The results show that there is not much support among economists for policy tightening over the next 12 months....
How Ethical Is Your Financial Advisor?
Once again, investment advisor ethics are in the news. A new study from the Diligence Review Corp., a firm that provides due diligence analyses of investments and investment advisors for private and institutional clients, determined that only 10% of the nearly $50 trillion in managed assets is in the...