The Federal Reserve is doing homeowners a big favor, keeping interest rates low. That means you should consider refinancing your old higher-rate mortgage. But how do you go about this? First of all, you should know that not everyone can qualify for a new mortgage. If some of your payments were delinquent or your home is underwater, for instance, you may have a problem.
Earnings season is under way for the second quarter. Don’t be surprised to see sudden stock price moves when companies report. But that doesn’t mean you should respond to every twitch. Each quarter, public companies open their books and disclose to the world how they performed during the past three months. It can be a time of great stress and great jubilation for shareholders. The move in the company’s share price following an earnings announcement often stems from whether the company beats or misses the expectations set by Wall Street.
When we talk about financial fitness, one of the most important measures is the value of our assets. The problem is that we often have false expectations about some asset types, and we need to break those illusions to focus on our real financial condition.
Taxes are a reality of life. As a result, taxes should be included in the evaluation and construction of any portfolio plan. Investors that ignore the effect of taxes on investments may end up paying higher taxes and earlier than needed. The good news is that investors have some control over when and how taxes will be generated in the investment process to reduce taxes.
Although this bull market is elderly by historical standards and is still more than two years away from being the longest bull market on record, ask yourself: What would a 20-year bull market look like?
The most effective way to provide a great life for your loved one with special needs is to access both public and private resources. Unlocking this money from public resources often starts with asking the right questions.