An economic hangover – led by inflation – has set in, exacerbated by the war in Ukraine, China’s “zero-Covid” policy and more. It was worse than expected.
Today, we’re seeing an increase in inflation, and the Federal Reserve has made known its intent to allow interest rates to rise. Does this mean the long-term investment plans we’ve developed for you are no good anymore? Do we need to rethink everything we’re doing? Hardly! This article has some background on the rise in inflation and why the Fed wants to control it.
For this post, I’m featuring an interview with Larry Bakerjian, whom all of you know as the founder of Asset Strategies. Larry’s career as a financial planner spanned more than 40 years. I’m asked so often how Larry and Roxane are doing I thought it would be fun to have him tell us himself. Adam […]
Much has been made of the slowing global economy. I’ll comment on this, since I know several of you are concerned about the possibility of a recession. At the outset, just know that what we see happening thus far is part of a normal economic cycle. “Google it” There has been so much concern over […]
INVESTMENT PLANNING One day, you or someone you love may need daily living assistance or monitored medical care. Are you ready for that day? What can you do now to prepare for it? “I never would have imagined it,” says Dean, who is 84 and the father of a friend of mine. “I had a […]
It’s summer. While this traditionally means kids in their late teens and early twenties are looking forward to weeks of sun and fun, it’s also the time when tens of thousands of young men and women across our country apply for financial aid to attend college. In the mounds of financial information that you’ll […]
In March, the Federal Reserve Board raised interest rates. The increase of one quarter of one percent was only the third time in a decade that rates have gone up. Many economists believe that more increases are coming. The Fed itself has mentioned the possibility of further rate increases this year. There was a time […]