All tagged Eric Maldonado
The U.S. has not been debt free since 1835 – should you be debt free?
As the summer of 2019 heats up, talk about the national debt spiraling out of control will too.
But what is the national debt and should investors worry about it? More importantly, can the national debt teach investors a thing or two?
The Fed Signaled No More 2019 Hikes
Two days before the quarter ended, the Fed held the line on interest rates and formally suggested that no cuts were coming in 2019. The central bank suggested that one or two cuts might happen, but not until 2020. The Federal Open Market Committee voted 9-1 to keep the benchmark rate in a target range of 2.25% to 2.5% – hardly a split decision (St. Louis Fed President James Bullard voted to cut rates).
It’s so important to have a set of personal finance principles to fall back on when the distractions of life arrive.
About half of the small business owners surveyed said they planned on using social media as part of their marketing strategy this year, according to a recent study by Keap.
We’re all aware that student loan debt presents a serious financial obstacle these days. Many are looking at refinancing student loans as an attractive option. Refinancing makes sense for some, but it's not a cure-all for everyone. Here’s 4 consideration to think through before refinancing your student loans.
1. You Start the Clock Over Again (and That Can Cost You) Once you Refinance
Chairman and CEO of Berkshire Hathaway, Warren Buffet, released his annual letter to shareholders on February 23rd, 2019.
While the entire 15-page letter is great reading for all investors, here are a few snippets to incorporate into how you think about investing (and maybe even your life). Here’s the link to the full letter: http://www.berkshirehathaway.com/letters/2018ltr.pdf
The belief that you, or a particularly talented financial manager, can foresee the direction of the stock market is a seductive one. Some investors are confident that, with proper research, they can make money by snapping up equities when prices are low, and shifting their investments into cash or bonds when the market hits its peak. Even worse, they believe they can pay someone else can do it for them. But longitudinal studies have shown time and time again that no one can consistently predict the direction of the market in the short run.