Inflation and rising interest rates are two significant economic factors that can profoundly impact small business owners. Understanding these dynamics and their effects is crucial for maintaining financial stability and growth. Here’s a comprehensive look at how inflation and rising interest rates can affect small businesses and strategies to manage these challenges [1]. Understanding Inflation…
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The word for the day: Below, I will try to explain the different steps of tariff policy and it’s potential impact on an economy and your portfolio. The goal is to draw a connection between if you do X, you should expect Y. Last month revealed something that cannot be unseen. From April 2, 2025…
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Getting Started: Tax season can be a stressful time, but with proper preparation, you can make the process much smoother. Here are some essential tips you should follow every year to prepare to tax season: First and foremost, the last day to file taxes for individual federal income tax returns is usually April 15, unless…
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March has not started off particularly well and last month saw significant developments in the economy with tariffs, tech trades and politics moving the markets in ways we have not seen since 2022. Here’s a concise summary of the key highlights from last month: Economic Performance: The U.S. economy entered 2025 with strong momentum, driven…
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Managing debt effectively is crucial for maintaining financial health and achieving long-term financial goals. It’s important to understand that not all debt is created equal. Good debt can help you build wealth or increase your net worth over time, such as mortgages and business loans. These typically have lower interest rates and can provide long-term financial benefits.…
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The US stock market and economy have been on quite a rollercoaster ride lately, with several key factors playing a significant role. First and foremost, the Federal Reserve’s monetary policy has been a major player. In December 2024, the Fed decided to shift its stance, which sent ripples through the market. Investors, who were already…
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Owning a home is a significant milestone and a dream for many. It represents stability, investment, and a place to call your own. However, the path to homeownership can seem daunting, and in this economy it can feel unattainable. Here’s a step-by-step guide to help you navigate the process and achieve your goal of owning…
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Bouncing Back from Holiday Spending: A Financial Planner’s Guide to a Fresh Start in the New Year The holiday season is a time of joy, celebration, and, often, a bit of overspending. As a financial planner, I understand how easy it is to get caught up in the festive spirit. But fear not! The new…
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Key take-aways: It’s been nothing short of a banner year for Wall Street. In October, the ageless Dow Jones Industrial Average (DJI), benchmark S&P 500 (GSPC), and growth-powered Nasdaq Composite (IXIC) celebrated their two-year anniversary of the current bull market. Following the election of Donald Trump for a second (nonconsecutive) term as president, all three…
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So this month’s review will be a trial…. I wanted to see just how much AI will impact our lives going forward and thus let AI comment on last month’s activity. So sit back and relax while AI expounds on last month’s market cycle….. (this ought to be fun). So, the U.S. economy in October…
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