Vocational education is a fine way to prepare yourself for a job, in a world when too many young people can’t find employment. But the programs are not all good. Here’s how to tell the good from the bad.I will gladly admit to a bias...
Helping people work their way out of poverty isn't just about money. It requires addressing the beliefs and culture around money that may be keeping people stuck both financially and emotionally.Like many of my financial planning colleagues, I...
Commodities tend to run in long cycles. The huge run-up in their prices, which peaked in 2011, has now degenerated into a rout. People who think that this situation will stabilize and turn around anytime soon are kidding themselves.China’s...
You found the one to start a life with. You now share home, love – and your financial backgrounds with your new partner and family. Here’s what to know and how to tackle debt, budgeting and other aspects of your newly merged money...
Social Security benefits are complex and you can often miss benefits you are entitled to. If you fit into one of the categories below, pay attention.Widow or widower younger than 70. If your deceased spouse earned benefits, you may be able to...
Donald Trump is one controversial guy. Love him or hate him, though, no one denies he is a good businessman. In 2004, I was a contestant on his TV show, The Apprentice. During that time and the years following the show, I learned 12 helpful things...
The Chinese government’s moves to push down its currency’s value and prop up its ailing stock market served one purpose: It told the world’s stock exchanges to panic, which they did in August.Imagine if free markets were allowed...
To be sure, the current stock market seems to have little memory from one day to the next. This is evidenced by the fact that Monday's gain marked the first time since February 17 that the S&P 500 managed to put in back-to-back gains over...
For the past several years, the Federal Reserve has repeatedly stated that inflation in the United States remains consistently below the central bank's official target of 2%. However, this is dramatically different from what the average person...
As you know, last week the Federal Open Market Committee (FOMC) changed its forward guidance pertaining to the federal funds rate. This is how Yellen began her speech to a research conference sponsored by the Federal Reserve Bank of San Francisco...