In case you ever wondered what the Fed is, here’s a quick explanation: The Federal Reserve is the central bank of the United States government. It is a system where a Board of Governors oversees the 12 Federal Reserve Banks and their underlying branches. Federal Reserve board members are nominated by the President and approved…
Savvy women know it’s important to both invest for retirement and pay down debt. They know that earlier is better when it comes to investing but high-interest debt can constrain your ability to invest. So, when that hard-earned raise or unexpected bonus lands in your bank account, what’s the financially responsible thing to do? Should…
Consider this fun fact: If you had put one dollar in a jar in 1976, it would be worth about 23 cents today. In just 40 years, thanks to inflation, your buying power has shrunk by over 75 percent. Think of it as the incredible disappearing money trick. Over your working years, without proper financial…
Every day, millions of Americans increasingly use products made or assembled in countries around the world. Cell phones, refrigerators, automobiles, furniture and airplanes are just a few examples of internationally-produced goods. Yet many U.S. investors tend to purchase mutual funds that own only U.S. domiciled companies. Due to this home country bias, investors could be…
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