In the realm of economics, few scenarios present as perplexing a challenge as stagflation. Characterized by the unusual combination of stagnant economic growth and high inflation, stagflation poses a unique quandary for investors.
Before ringing in the new year, take advantage of the opportunities still possible in 2023! Discover ways to make meaningful financial strides, regardless of whether you're embarking on your financial journey, in the peak earning stages, or enjoying retirement.
As the overhang of inflation and higher interest rates continue, the once relatively calm waters of the financial markets have become increasingly turbulent. For investors looking to not only safeguard their assets but also to navigate these challenging times, understanding the nuance of high inflation becomes paramount.
We are in an era where the changing dynamics of modern life have resulted in a unique phenomenon: the rise of the sandwich generation. These are individuals—often in the prime of their careers and lives—who are nestled between raising their children and caring for their aging parents. Today, as a seasoned wealth manager, my journey and experiences have shown me parallels between managing wealth and navigating the complexities of the sandwich generation.
Listen to Jim and Scott discuss current economic and market conditions.
Explaining compound interest to your kids or grandkids is a great way to introduce them to the concept of saving and investing. Here are some thoughts on how you can explain it in a simple and understandable way.