2015 Outlook

Share List Last year left the U.S. in decent financial shape. Oil prices tanked and the U.S. dollar surged. Inflationary pressure is low, and the stock market ended the year strong. The analysts at Fidelity believe this positive environment should continue at least early into 2015. The economy is in a mid-cycle expansion with solid…

Where Does the Money Go?

Share List In December, Congress passed the federal budget for fiscal year 2015 at the last possible moment, avoiding yet another government shutdown. You have to wonder why this is such a difficult process. Within our own households, there are often two people — sometimes with diametrically opposed opinions on how money should be spent…

American Pride

Share List Bye China. Bye India. Buy Trenton. Who can forget the catchy 1980s union advertising jingle, “Look for the union label”? You can check out one of those ads at the link below — it’s almost worth a look for the retro-fashions alone. [CLICK HERE to view, “Look for the Union Label 1981 classic…

City Burbs

Share List The housing market continues to experience mixed results, depending on the area of the country and demographics. For example, while the homeownership rate for seniors is 80 percent, about 40 percent of those over 65 were still making house payments in 2010, according to a 2014 report from the joint center for housing.…

Retiree Ingenuity

Share List For many, the mind stays sharp as long as it continues to be challenged, and the trend of retirees working and living longer proves just that. Take Hugh Lyman, for example. When he retired, this small business owner pursued a long-standing passion as an inventor. Fascinated with the possibilities of using 3-D printer…

Is Your Retirement Just a Number?

Share List Throughout our lives, we are identified by numbers. Social Security number. Employee ID number. Driver’s license number. The amount of money that you make. The number of children and grandchildren that you have. The value of your home. Fortunately, those numbers are simply points of reference; they don’t truly define who we are.…

Mortgages and Real Estate

Share List Real estate appears to be rebounding slowly but surely. There’s even a push from government regulators to lower the down payment requirements for new mortgages. New analysis shows few borrowers are granted 3 percent to 5 percent down payment loans on their homes, and those that do have excellent credit. The percentage of…