Financial Archives - Page 611 of 612

This Technology Could Clean up Major Oil Spills

Every so often, I wonder about the chronic effect of the oil spills such as in the gulf and south seas and off the northwest coast. I think there must be an easier way to clean that and minimize the damage and loss of wildlife. What if there was a sponge that could soak up…

A Merchant Cash Advance Case Study

Merchant Cash Advances can make sense, but you need to do the due diligence to know when it makes sense for you. Take for instance, the following example of how a Merchant Cash Advance made a difference for this merchant: Tom was stuck. He had pulled together a $550,000 investment of his own and another…

It is NOT too Late to Make 2018 Contributions to your Retirement Account!

If you are seeing that you should have contributed more to your 401(k) for the tax year 2018, the good news is that it is not too late. The bad news is that most employers do not allow you to specify which year you want to add to, so ask. Your HR team should be…

How Americans are Cheating Themselves out of Retirement Savings!

Americans are not doing a good job of saving for retirement. If you are eating out several times a week, subscribe to delivered meals, buy your coffee out and keep giving in to retail therapy, you may be losing from $100k to $500k in retirement savings! A recent GOBankingrates.com found that Forty Two percent of…

Cat bond market’s merit underscored. Rate hardening expected: Swiss Re

The catastrophe bond market’s merit was underscored by the way it continued to operate effectively despite recent volatility stimulated by catastrophe losses, but after the losses it is expected that investors will want to see cat bond rates harden, according to Swiss Re.The global reinsurance firm has published its latest review of the catastrophe bond…

Why the US China Trade Deficit Matters

The relationship between United States and China substantially affects the economies of both nations. Believing that we shouldn’t import Chinese goods as we buy products at the Dollar store is a little like believing we should eat only natural foods as we bite into a twinkie. Our economy currently counts on discounted prices from Asian…

3 things That Control When you Retire

Today, a friend of mine lamented how she wished she could retire now, but can’t afford it. Neither can I retire today, unless I can live on much less than I do now. The conversation made me think. How ready are most of us to retire when we want to retire? This is just a…

Shutdown: Economy Slows while Uncertainty Grows

Traditionally money is not saved by a Government shutdown. In fact, government shutdowns cost more money. In the past, Furloughed government employees have been given back pay for the layoff period. Now, the uncertainty is causing many consumers to forego vacations and other spending and focus on paying down consumer debt. Not eating out, bypassing…

Global Economy is Slowing; Is Recession Looming?

Do you recognize any of the signs of an economic slowdown that lead to a recession? The economic slowdown you see on the horizon is not limited to the US but is a global event. The economy is still moving along, but no longer quickly. China’s economy is also flattening, and Europe says when China…