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Last week I wrote about increasing bank profitability in an era of reduced regulatory scrutiny. I also pointed out how some banks have grown their net income quite impressively over the last...
When planning for retirement, you’re faced with a variety of investment options – each with different requirements, costs, and limitations. Today, I’ll talk about variable annuities, an option...
If there are two major things we learned during the epic, 70%-plus crash in oil prices between 2014 and 2016, it’s that … 1. The market as a whole can continue on its merry way even when an...
Just like with most financial institutions, credit unions know that lending is one of the driving forces behind growth. The more loans they give out, the more money they can make — which can...
The Federal Reserve approved its second interest rate hike of 2017 last week. It decided to bump the rate by an additional 0.25% to a new target rate of 1.25%. In the aftermath of this move, let’s...
Soon, you can manage your finances like a pro with the help of your very own personal digital assistant. This week Bank of America (BAC) unveiled Erica. The state-of-the-art chatbot comes...
When it comes to investing, success is often a matter of timing. Buying a great investment at the wrong moment can lead to losses. So can implementing the “right” strategy at the wrong time. But...
Is today’s market volatile or non-volatile? The answer is … yes. In fact, it reminds me of the famous Schrodinger’s cat experiment. That’s the one where Austrian physicist Erwin Schrodinger...
Every few years, a new trend emerges, it gets hyped up, and everyone wants to invest in it. All too often, though, the sector doesn’t live up to the hype for one reason or another, and it tanks....
Money, money, money, mmmooonneeyy. MONEY! No, I’m not singing the theme song to the Apprentice TV show, or the 1973 soul/funk song from The O’Jays it came from. I’m talking about the driving...