Tag: Investments

Department of Labor Fiduciary Rule: Changes Coming?

Department of Labor Fiduciary Rule: Changes Coming?

If you are a money smart consumer, you are probably aware of the discussion being held in the news today regarding the Department of Labor’s fiduciary rule. (For a definition of what the fiduciary rule is, see our Tips to Read below.)  The bottom line is this:  it may go away.  As of around March […]

March 7, 2017 | By More
Why Dividends are So Delightful?

Why Dividends are So Delightful?

How would you like to be a participant in a tradition that has been around since the 1600s? (1)  The tradition is becoming a shareholder (aka investor) in a company.  And, the benefit of that monetary support is enjoying the passive income of receiving dividends. You have likely heard the terms shareholders, stock, and dividends.  […]

January 31, 2014 | By More
Why Pay Attention to the New York Stock Exchange?

Why Pay Attention to the New York Stock Exchange?

How about two pieces of trivia regarding the New York Stock Exchange?  (1) ●  The first stockbrokers met under a buttonwood tree in New York on May 17, 1792 to “sign an agreement that would establish the rules for buying and selling bonds and shares of companies.” ●  The Stock Exchange building today, opened on […]

December 6, 2013 | By More
Which Works Best to Be Rich?: Earned or Passive Income

Which Works Best to Be Rich?: Earned or Passive Income

Do you remember your very first job?  Mine really wasn’t a bad gig.  I got to dress comfortable, go to the park, periodically went swimming, and didn’t have to worry about bringing my lunch.  Maybe some of you might have guessed.  I babysat during the summer as a young teenager, and it was fun.  Technically […]

October 16, 2013 | By More
What does “Quarterly” Mean Related to Reporting?

What does “Quarterly” Mean Related to Reporting?

At the first bank I worked for, I was involved in board meetings that convened on a monthly basis. Believe me, when corporate board meetings are held that often, they come around really fast.  When the bank directors voted to change the board of directors meetings to every quarter, I was quite happy.  Although there […]

September 3, 2013 | By More
It’s Time to Review Your 401K!

It’s Time to Review Your 401K!

Are you one of those consumers who never look at their 401(k) statement? There was a time not too long ago when the stock market took a nasty little downward trend losing approximately 20 percent of its value by mid-2008.  Rest assured I often heard co-workers say, “I don’t want to look at my 401(k) […]

January 10, 2013 | By More