Personal and Business Finances
May 24, 2017
3 Things Your Financial Advisor May Not Be Telling You
According to data from the Bureau of Labor Statistics, there are over 200,000 financial advisors in the U.S. When you’re looking at such a large group of people, there’s going to be a significant amount of variance. Some advisors may have a portfolio management background. Others may be CPAs, JDs or have come from completely different professions, such as education.
Yet amidst these different backgrounds, there’s a tendency among advisors to avoid discussing certain things. That isn’t to say these things are ignored altogether—you’ll usually find them spelled out within disclosure documentation. Rather, it means that these things are simply not openly discussed in a clear and transparent manner. More info...
May 23, 2017
Trump Budget Cuts Social Security And Medicaid, Breaking Major Promises
Donald Trump's budget is based on dubious assumptions about economic growth and a strategy of extremely deep cuts into many forms of social spending. Two areas Trump has claimed since the campaign trail that would remain inviolate are Social Security and Medicaid. But both would see cuts cuts under this budget.
The budget's executive summary repeated the claim that Social Security was safe:
This plan will put our Nation’s budget back into balance and begin to reduce the national debt through fiscally conservative principles that respect American taxpayers – all while preserving Social Security and Medicare. More info...
May 10, 2017
Good luck buying a home in this hot housing market
It's going to be a tough house hunting season for buyers, but it's particularly brutal for those in Seattle.
While competition and prices have been rapidly rising in real estate markets across the country, Seattle buyers are facing major obstacles to landing their dream home.
Open houses are jammed packed, bidding wars are the new normal and homes are selling for well above asking prices. More info...
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