The United States savings rate as a percentage of GDP is a big concern when evaluating current and future prosperity. In the 1970s and 1980s savings were in the 5 – 7% range. In the decades since, personal savings have declined to the 1 – 3% range.
Some believe that our low savings rate is one
Continue reading Our Low Savings Rate: A Big Economic Concern
Concerned about your wealth after the latest market drop? Don’t make drastic changes with your money.
Corrections, and even steeper drops, happen regularly. The problem with trying to time the market or guess where it’s going next is that you have to be right twice, says Sandip Bhagat, the head of equities at Vanguard. You’d have
Continue reading Wealth: After Market Decline, Next Steps
The deep recession has caused inflation to all but melt away. The problem is that the same severe downturn has also translated into weak income growth.
Consumer prices edged up a modest amount in March with prices outside of food and energy rising at the slowest pace over the past 12 months in six years.
Continue reading Even with Current Low Inflation Families in U.S. See Family Budget Still Pressured
Some of the best strategies for managing money are based on principles that have stood the test of time: Save consistently, diversify, keep your costs down.
But that doesn’t mean you never have to adjust your thinking in response to a single major event or a fast-growing trend.
Invest globally
Your investments must reflect a radically changed economy.
The
Continue reading Money and Wealth: Investing Strategies You Need Now
Question: I lost about 40% of my retirement savings after taking early retirement. I’m now 55 and have 650,000 left. Can you suggest a portfolio that provides capital appreciation, income and growth? I require about 6,000 a month to live on.
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Some policy makers at the Federal Reserve seem to be chomping at the bit to get the Fed out of the mortgage business, but the Federal Open Market Committee’s forecast for only a modest economic recovery and excruciatingly slow job growth could mean it’ll take years before that happens.
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