Last week, Florida became the latest state to mandate a financial literacy course as a requirement for graduation from a public high school. It’s part of a trend that has more than 50 personal-finance education bills under consideration in 26 states, according to Next Gen Personal Finance, a non-profit organization that tracks the legislation. There …
Inflation is never a feel-good story. Nothing feels good about items getting more expensive, no matter how inconsequential price hikes were for decades prior to 2022. Gas prices have long been the biggest factor determining whether consumers were confident and happy or nervous and displeased. Elections turn on inflation numbers. “It’s the economy, stupid,” was …
Years ago, I stayed in a hotel on the Las Vegas strip where a message flashing on the big screen out front said “98% wild slots.” The sign was telling the public that the hotel’s slot machines paid out 98 percent of the money they took in, reducing the “house edge” to 2 percent. By …
I was asked this week for the best investing tip I could come up with for these wild times. My answer had nothing to do with the war in Ukraine, rising prices at the gas pump, the likelihood of interest rate increases or the stock market being off more than 10 percent and in correction …
Investors are struggling to put their finger on what has changed about the stock market of late. Yes, there’s war, the highest inflation we’ve seen in 40 years, the persistent promise/threat that interest rates are rising and more. Those economic and geopolitical events have driven the market down by more than 10 percent this year, …
