Annuities and life insurance policies appear to focus on different features. Upon a person’s passing, life insurance provides a lump-sum payout, while annuities offer an income stream for the rest of their lives. Both products are only offered by life...
If you have ever been to New York City, specifically the financial district, you probably saw the iconic Bull vs. Bear statue. This Wall Street symbol categorizes the two extremes of market trends. Bull vs. Bear Market Characteristics The term Bull Market is...
Many people decide to donate to charities out of the kindness of their heart, while some choose to donate to receive certain financial benefits. The most common benefit is the income tax deduction associated with charitable donations. However, there may be confusion...
We have continued to see a drastic increase in prices over the past couple of months, as the March Consumer Price Index report showed an annual increase of 8.50% and we just received April’s 8.30% report. This slight slowdown could potentially signal that the worst is...
The term Fiduciary has become more popular in recent years due to the latest changes in regulation. Dodd-Frank Act, SEC’s Regulation Best Interest, and DOL’s Fiduciary Rule are all examples of recent legislation attempts at defining the roles and responsibilities of...
