Student Loan Forgiveness Has Hit a Snag

Student Loan Forgiveness Has Hit a Snag

April 03, 2023 Last August, the Biden administration announced it would forgive $10,000 in federal student debt ($20,000 for Pell Grant recipients) for borrowers earning less than $125,000 annually. The White House said the pandemic justified student loan forgiveness...
Corporate Greed at Its Finest

Corporate Greed at Its Finest

March 27, 2023 We’re led to believe that shareholders benefit from corporate stock buybacks – when publicly-traded companies buy their own shares on the open market. However, despite Warren Buffett’s claims, firms’ own executives are the ones who really seem to gain....
You Might Live Long, But Your Money Might Not

You Might Live Long, But Your Money Might Not

March 20, 2023 Many Americans are living longer than expected. But there’s a difference between how long you’re likely to live, and the probability of living much longer. And if you’re unprepared, it can lead to financial regret. Sometimes people claim Social Security...
Good News, Bad News

Good News, Bad News

March 13, 2023 I’ve been asked what’s happening lately with interest rates and inflation. To me, it’s a case of good news, bad news. The good news is inflation has fallen significantly since June 2022, as measured by the Consumer Price Index (see chart below). Many...
The Worst May Still Be Ahead

The Worst May Still Be Ahead

March 06, 2023 January featured rock-solid market performance, which led people to think the worst is behind us. But that may not be true. At the end of January, the Nasdaq-100, a stock index that includes the largest non-financial firms on the Nasdaq exchange, was up...