As someone who consumes a lot of financial news, I understand how it can often feel like we, as portfolio owners, are never allowed to let our guard down. For example, on June 13, 2023, Reuters reported that U.S. Bancorp CEO Andy Cecere foresees a “moderate” recession...
As we near a potential deal regarding the federal debt ceiling, some Americans are breathing a sigh of relief. The chances of our nation defaulting on its debts have been lowered, at least for now. But inflation continues to impact our wallets, and we’re faced with an...
A few days ago, I wrote about the importance of protecting the things we value most. For most of us, that means working extra hours or putting extra effort into making financial plans. But for others—for those who have served and continue to serve in our nation’s...
When you hear the key phrase “the things that matter most,” what comes to mind? For many Americans, I imagine family and individual freedoms are close to, if not at, the top of that list. I know when it comes to my financial decisions, I always keep my children in...
On May 16, 2023, Treasury Secretary Janet Yellen warned that “the U.S. economy hangs in the balance” if lawmakers don’t act swiftly to increase the U.S. debt ceiling—the total amount that the federal government is allowed to borrow. The debt ceiling may be reached as...
I recently ran across an April 28, 2023, MarketWatch article with a headline that begins: “America’s personal savings just hit $1 trillion.” It then goes on to ask whether CDs, I-bonds, or online savings accounts would be the best place to put that extra cash. I’m a...
On April 20, 2023, MarketWatch reported, “The U.S. economic index sank 1.2% in March and fell for the 12th month in a row, continuing to signal a recession later in 2023.” That same day, Fox Business reported, “The Fed says a mild recession is in the cards this year.”...
In the wake of the Silicon Valley Bank collapse, consumer confidence in our banking system has been shaken. Many Americans are no longer certain whether their deposits are safe and have turned to other assets like gold to help diversify their portfolios should their...
Sometimes, one of the best ways to look to the future is with an eye on the past. On April 7, 2023, The New York Times wrote, “It’s clear that [Federal Reserve] policymakers recognize that there is a good chance of a sharp [economic] slowdown soon. Their own policies...
I’ve never been one to gamble, but it certainly looks like 2023 might be one for the record books when it comes to gold prices. On March 23, 2023—just one week prior to this piece’s being published—gold was priced at $1,991.41/oz. That’s just $81.09 shy of gold’s...
When it looks like times might get tough, I don’t worry—I act. I do as much research as I can and then put that research to work by making the most educated decisions possible for myself, my family, and my financial future. And right now, it looks like many Americans...
I’ve written before about how important I think it is to keep an eye on financial news. This is not necessarily because every headline deserves immediate action, but because staying generally informed is, in my opinion, one of the best ways to achieve peace of mind...
