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Banks aren’t created to provide you with free financial services. They’re here to make money just like any other business. In fact, the U.S. banking industry netted $160.5 billion last year and...
As you may know, buying life insurance is one of the easiest activities to procrastinate over. Most people must go through some life-altering event before they’re even willing to talk about life...
The hype about healthcare coming out of Washington never ends. Republicans keep trying (and failing) to repeal and replace Obamacare … derailed by worries about Medicaid funding and the rise in...
They tried. They really tried to broaden this market out. But when push comes to shove, it seems investors just can’t get enough of their favorite technology titans! Look at Nvidia Corp. (NVDA,...
Roughly 10 years ago, we suffered the largest slowdown in the U.S. economy since the Great Depression. Bear Sterns was given away at fire-sale prices, as was Countrywide Home Loans and many other...
Last week I wrote about Property & Casualty insurers that began operation within the last five years. I outlined that of the rated ones, a majority are considered vulnerable, with a “D” or “E”...
If you own a car or a home, you most likely have a Property and Casualty (P&C) insurance policy to protect those assets. And as you might expect, the insurers writing those policies make a profit...
Let me come out and say right up front that I don’t usually cheer when stocks go down. After all, I am personally invested and generally become richer when markets go up. But there are times...
Generally, keeping all your eggs in one basket isn’t a good idea. That’s true when it comes to investing, and it’s the case for banking, too. Having a healthy mix of different loan types can be a...
Last fall, we had the “Trump Bump.” Last week, we got the “Trump Dump.” The Dow Industrials plunged more than 372 points on Wednesday, while the S&P 500 tanked more than 43. That was the worst,...