While women are sometimes considered to be more reluctant to invest than their male counterparts, when they do invest, they tend to outperform males and often get a greater overall return. Interestingly, this initial perceived reluctance often works in the women investor’s favor. Read on to learn a few of the reasons women are considered … Read More about Why Women are More Savvy Investors than Men
The Benefits of a High-Yield Savings Account
Everyone should have a savings account. Savings are important so you can work toward your financial goals and have funds prepared in case of an emergency. Having multiple savings accounts can be a good idea, too, one or more of which could be a high-yield savings account. Use this guide to help you determine if … Read More about The Benefits of a High-Yield Savings Account
Solid Start to 2024
Stocks are off to a solid start in 2024. January gains are particularly enjoyable because of the old adage from the Stock Trader’s Almanac, “As goes January, so goes the year.” Nearly 75 years of historical data show that when the S&P 500 rose in January, the average gain for the remainder of the year was … Read More about Solid Start to 2024
Breaking the Paycheck-to-Paycheck Cycle: Strategies for High Earners
The highly sought-after six-figure salary isn’t what it used to be. Time Magazine reported a startling statistic from a survey conducted by the financial insight and advising companies PYMETS and Lending Club which found that 51% of people earning more than $100,000 reported living paycheck to paycheck. When they explored over 70 cities and how … Read More about Breaking the Paycheck-to-Paycheck Cycle: Strategies for High Earners
Strategic Spending: Wise Habits for Long-Term Care for High-Net-Worth Individuals
As high-net-worth individuals navigate the complexities of financial planning during their working years, one critical aspect often goes overlooked—long-term care. In 2021, the median monthly cost of a private room in a nursing home facility was more than $9,000 per month. At a rate of close to $100,000 per year, even the most diligent savers … Read More about Strategic Spending: Wise Habits for Long-Term Care for High-Net-Worth Individuals
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