Given their inverse relationship, when bond interest rates begin to climb, bond prices decrease in market value—as they have been for the last year especially. When approaching retirement, what strategies are retirees left with to ensure long-term financial success?
Finding the right advisor can be tricky, especially considering the many tricks a financial advisor might have up his or her sleeve for prospective clients. From overpriced fees to overly optimistic guarantees, there are ways to look past all the gimmicks and see if an advisor measures up to your needs. Here are five things to know about your financial advisor:
Professional athletes are not immune to financial insecurity. In fact, many times the case appears to be the total opposite. In a field that grants them access to multi-year, multi-million dollar contracts one could almost imagine them as completely free of financial worries.
With so many people rushing to play the Powerball to snag the almost $1.6 billion jackpot a month or so back, it’s intriguing to know how the recipients have come to manage their winnings since that life-changing moment.
