New and used car prices are skyrocketing. If you plan to buy a vehicle soon, you’ll need a strategy in place so you don’t get taken for a ride.
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6 Tips to Stop Stressing About Money
According to a recent study1, 90% of Americans feel stressed about money. Some of this anxiety is due in part to the ongoing effects of the pandemic, product shortages and inflation. Unfortunately, stress can often lead to questionable decisions, so it’s important to deal with it sooner rather than later. If you’re feeling a bit overwhelmed, here are six ways to help manage your finances. Continue reading
Solutions to Help You Start and Keep Investing
Investing as part of an overall financial plan is an important way to save for the future and build wealth over time. However, some people worry about their decisions. That’s why many seek professional financial advice to help them develop an action plan based on their specific financial goals, investment time horizons and individual tolerance for risk.
Why Used Car Buying is on the Rise
Due to a global semiconductor shortage, production on certain new cars has slowed, causing used car sales to soar. Like the housing market, it’s a boon for sellers looking to sell or trade in their current vehicles, not so much for buyers who are paying premium prices for both new and used rides. According to recent data, used-car prices rose by 21% in April since April the same time as last year.1
What You Should Know About Personal Loans
When you need extra cash to pay for a home remodeling project or other major expense, a personal loan can be a low cost solution. You can use a personal loan to pay for almost anything. All you have to do to be approved is meet minimum income and credit standards set by the lender.
Despite their flexibility, personal loans aren’t right for every situation. Before you complete an application, consider the pros and cons.
Ways to Improve Your Financial Security This Year
Last year challenged us to protect our health, job and financial well-being. Although things are looking up, life will always have bumps in the road. Here are some tips to get back to basics and improve your financial picture.
Tax Tips for Investors
Some years, Congress changes the rules investors face. Other years, the economy necessitates rethinking the best-laid investment plans. In between, investors’ personal situations change, from the arrival of children to the loss of a job.
“Investors face a changing environment,” says Fred H. Thomas, branch manager of Raymond James Financial Associates in Johnstown, Pennsylvania. “They need to maximize their investment dollars.”
Taxpayers trying to build wealth can weather the ups and downs of the tax side of that volatile environment by following a few historically helpful steps. Continue reading
The Benefits of Asset Allocation in a Stormy Market
Investing in the stock market can be intimidating, even when the economy is booming. While “buy low, sell high” is sage advice for those entering the market, recent global and national events have sent otherwise confident investors on a roller coaster of emotions. It’s understandable. There have been several twists and turns in the market in 2020, and experts are expecting even more in the coming year. But that doesn’t mean investors can’t protect their hard-earned money with an asset allocation strategy.
Money Moves Series
Whether you’re just starting out in life, mid-career, preparing for retirement or living in it, there are smart money moves you can make to help you stay on track financially, take advantage of opportunities and have a game plan when the unexpected occurs.
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