When President-elect Donald Trump takes office starting Jan. 20, major changes could impact the lives of Americans if he begins to move forward on following through with ambitious election campaign ...
Historically, the premise behind the 60/40 portfolio is that during economic slowdowns, when stocks decline, fixed-income assets — like bonds — can provide both income and risk mitigation. This ...
Owning a home with an affordable mortgage may seem like a dream, but for many Americans, it’s starting to feel like a trap. According to an Edelman Financial report, half of homeowners under 50 feel ...
According to the latest numbers via the Federal Reserve’s 2022 Survey of Consumer Finances, the mean retirement savings balance was $333,940. In the same year, however, the median retirement balance ...
Chicago’s financial forecast is clouded by a $982.4 million budget deficit, and Mayor Brandon Johnson's proposed $300 million property tax hike has stirred up a storm of discontent with council and ...
The relentless rally in stocks seems unstoppable, with the S&P 500 soaring 21% this year alone and a staggering 87% over the last five years. While these gains have lifted many portfolios into the ...
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