by Daniel White | Apr 3, 2023 | Economy
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...
by Daniel White | Mar 27, 2023 | Economy
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....
by Daniel White | Mar 20, 2023 | Economy
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...
by Daniel White | Mar 13, 2023 | Economy
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...
by Daniel White | Mar 6, 2023 | Economy
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...
by Daniel White | Feb 27, 2023 | Economy
February 27, 2023 Last week we covered some major changes resulting from the new SECURE ACT 2.0 law. Now I’d like to dive deeper into one of the specific provisions – allowing rollovers from 529 college funds to Roth individual retirement accounts (IRAs) (I also did a...
