When discussing bank accounts, investments, loans, and mortgages, it is important to understand the concept of interest rates. Interest is the price you pay for the temporary use of someone else’s funds; an interest rate is the percentage of a borrowed amount that is attributable to interest. Whether you are a lender, a borrower, or both, carefully consider how interest rates may affect your financial decisions.
The national holiday we celebrate on Monday, September 3rd is a good time for reflection on why we work and the life, energy, and meaning we derive from it.
Using a SWOT analysis to take a closer look at your company’s internal operations, as well as its position in the marketplace, may help you avoid costly mistakes, improve your management practices, and refine your long-term strategic goals.
Enjoy your newsletter with 3 articles I found helpful this week, and I think you will too.
#1
No, This Is Not the Longest Bull Market Ever
https://www.barrons.com/articlelink
Current stock market headlines are touting this as the longest bull market ever, yet as per usual, its been sensationalized. I agree with this wise reminder from the referenced article:
Many families are discovering that a 20-year term for a life insurance policy isn’t enough.
In an ideal world, you buy life insurance when your kids are young or you’ve purchased your first home, and you need the coverage only for about 20 years
Enjoy my newsletter and commentary around the topic of personal finance.
Here's 3 articles I've found helpful in my reading this week, and I hope you will too.
#1
Prepare for a recession but stick with stocks: JPMorgan's Chief Global Strategist
There is a lot of chatter about the FIRE movement lately – Financial Independence / Retire Early – and you’re probably wondering whether it’s right for you and your family. The real answer – as any competent financial advisor will tell you – is that it depends. Let’s examine the benefits and drawbacks.
Every year, Fortune unveils its rankings of the world’s 500 largest companies – the Fortune Global 500. And the list always creates buzz. Who made the list this year? Who’s at the top? And the “I’ve never heard of that company, what do they do?” Let’s explore the list.
I read these 3 great articles this week, and I think you’ll like them too.
#1 5 Smart Ways to Use Your Raise
https://studentloanhero.com/featured/smart-money-moves-with-new-raise/
