Dr. Brian McDaniel goes by many titles: musician, teacher, mentor, speaker, writer, advocate. He took on these roles by channeling his musical skills into a successful teaching career spanning nearly 14 years. Learn more about his journey in the classroom and as a SchoolsFirst FCU Member.
Although investing is an important way to build wealth over time, a recent survey1 reveals that 55% of Americans don’t. One reason? While many younger adults said they have the money, they don’t have enough knowledge to invest with confidence.
If you’re shopping around for a credit card, you’ve probably noticed that there are plenty of options on the market today. Low-interest, balance transfer, rewards, cash back, airline- and hotel-specific cards, retail cards, student cards, business cards … the list is endless. So how do you find the credit card that’s right for you?
When the stock market has a downturn, many investors go into panic mode, selling off parts of their portfolio to avoid temporary drops, and then missing potential gains when it bounces back.
For example, last December the S&P 500 dropped by a whopping 9%, one of the worst Decembers for investing performance since the Great Depression. A dramatic downturn to be sure, but the upside to the story was the day after Christmas it enjoyed its best performance since 2009. Still, the downturn seemed to have more of a negative impact on many investors than the subsequent rebound did.
There are plenty of moving parts when it comes to buying and owning a home. It’s no surprise then, that the terms that go along with the process might be a tad confusing, especially when people bandy around acronyms.
Take heart — you can get up to speed on the definitions in no time.
Here’s a baker’s dozen of some common real estate terms you need to understand when navigating the homebuying process.
As a loving parent, you want to protect your family if something happens to you. When your children are younger, you’ll need to provide instructions on managing your finances and property, and who will act as their guardian.
However when an inheritance involves adult children, the situation changes dramatically. They may be married with families of their own to care for, or living independently and making their own financial decisions.
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As fraudsters become more sophisticated, they find more ways to separate consumers from their hard-earned cash. One of the ways they’re making inroads is via a caller ID “spoofing” scheme pretending to be a representative from the Social Security Administration. Other scams use email or snail mail. There are variations of all these tricks, but the goal is the same – to steal your money, identity or both. Here are just a few to guard against.
By Jason Persinger
Since 2012, Jason has enjoyed sharing the SchoolsFirst FCU difference, offering objective and caring advice, tailored financial plans and a highly competitive fee structure for investment products. Jason holds the designations of CFP®, ChFC® and CLU®, and is registered to sell securities and holds a California Life/Health Insurance License.
Like most people, you probably have many financial goals you’d like to accomplish. If you have children, helping them pay for college may top the list. Continue reading
Technology is great, but with the rewards come the risks. Here are some tips from the Federal Trade Commission to help you stay safe online.
The peak homebuying season starts in March and runs through the summer months, with plenty of homes on the market. But according to the experts, if you’re looking for deals there may be better times to buy.
