- Make These Investments to Profit From the Infrastructure Bill
After months of debate and delay, President Biden’s $1.2 trillion infrastructure plan has passed the U.S. House of Representatives. The bill, which invests in the nation’s roads, bridges and ports, will also pump billions of dollars into broadband infrastructure, clean water systems and other projects. Investors hoping to capitalize on the massive federal plan have… read more…
- Here’s How Much Money You Could Get From Biden’s $1.85 Build Back Better Act
House Democrats passed the $1.85 trillion Build Back Better Act on November 19. Now it will move to the Senate for another vote. This infrastructure and social spending legislation includes thousands of dollars in tax credits and federal assistance for millions of Americans. Let’s break down how much you could get and save from President… read more…
- 13 Financial Investments for 2025: Definitions and Examples
A financial advisor will tell you that there are many smart ways to grow your money. But you need to find the right type of financial investment that best fits your goals. Let’s take a look at how financial investments… read more…
- What’s in the $1.2 Trillion Bipartisan Infrastructure Bill?
The $1.2 trillion Infrastructure Investment and Jobs Act was signed into law on November 15. This is the first part of President Joe Biden’s infrastructure plan, which combined with the $1.85 trillion Build Back Better Act, will call on Congress to… read more…
- The Infrastructure Bill Will Create These Major Investment Opportunities
A major investment in the nation’s aging infrastructure is on the way. Congress passed the $1 trillion federal infrastructure bill , which aims to bring American infrastructure into the 21st century with investments in roads, bridges, electrical grids and more. The impending investment in infrastructure could also be a boon for investors, with certain market sectors… read more…
- Biden’s Student Loan Forgiveness Plan
The U.S. Department of Education has canceled almost $3 billion in student loans since President Joe Biden entered office in January 2021. The department forgave another $55.6 million in July for 1,800 borrowers who attended Westwood College, Marinello Schools of Beauty… read more…
- Dovish vs. Hawkish: Key Monetary Policy Differences
In monetary policy, the terms “dovish” and “hawkish” describe two contrasting approaches central banks use to influence economic growth and control inflation. A dovish stance generally favors lower interest rates and increased economic stimulation, often prioritizing job growth and investment, particularly in times of economic slowdown. In contrast, a hawkish policy focuses on raising interest… read more…
- What Does the Producer Price Index Tell You?
The producer price index (PPI) is an essential government economic report published by the Bureau of Labor Statistics (BLS). It tracks changes in the prices sellers receive for thousands of goods and services across various industries. The primary purpose of the PPI is to provide investors, businesses, policymakers and academics with insights into the trajectory… read more…
- Inflation vs. Deflation: How It Affects Your Finances
Inflation occurs when prices for goods and services increase, while deflation happens when prices decrease. Sustained periods of sizable inflation or deflation can have significant effects on the economy and on the behavior of investors, businesses and consumers. Government policymakers… read more…
- Where Asian Americans Fare Best Economically – 2021 Study
Asian American households saw the greatest increase in income over the past decade out of any other racial group in the U.S. From 2010 to 2019, the median household income across all households grew by 31.3%, from $50,046 to $65,712. Meanwhile, the median Asian American household income increased by almost 40%, from roughly $67,000 to more than… read more…
- Where Seniors Are Increasingly Staying in the Workforce – 2021 Edition
The traditional retirement age of 65 is not a universal benchmark, especially for many older workers who are staying in the workforce beyond this age. The Social Security Administration has set the full retirement age for workers born in 1960 or later at 67. Furthermore, the U.S. Bureau of Labor Statistics projects that 33.2% of workers… read more…
- Best-Paying Places for Financial Advisors – 2021 Study
Financial advisors offer varying fee structures with different types of compensation. In general, there are three primary ways advisors make money. They include client fees (usually charged either on an hourly basis or as a percentage of client assets under management), commissions for certain financial transactions and salaries earned by on-staff advisors. Fee-only advisors typically… read more…
- How Biden’s American Families Plan Will Impact You
President Joe Biden officially unveiled the American Families Plan before a joint-session of Congress on April 28. This is the second part of his Build Back Better initiative, which aims to boost the U.S. economy by investing trillions of dollars in infrastructure, jobs, education, healthcare and other programs for millions of Americans. The American Families Plan would… read more…
- Tradier Brokerage Review 2025: Fees, Services & More
Tradier is an end-to-end, FINRA-registered trading platform that has been around since 2012. However, its services have advanced considerably since the company’s inception. This platform uses APIs to offer investor services from multiple platforms, ranging from stocks to bonds and options. Tradier… read more…
- How COVID-19 Has Changed Financial Advisor and Client Communications – 2021 Study
Effective communication is the key to a strong investor-advisor relationship. Typically, advisors rely on in-person meetings and other face-to-face activities to connect directly with clients. But as shelter-in-place restrictions limited interactions during the COVID-19 pandemic and volatility rippled through the… read more…
- 2021 Child Tax Credit Payments: Schedule and Calculator
The IRS says that eligible families with children ages 17 or younger will start getting the first monthly cash payments from the federal Child Tax Credit on July 15. Qualifying families will get up to $3,600 for each child under 6 years old and $3,000 for each child between the ages of 6 and 17.… read more…
- Where Retirees Are Moving – 2021 Edition
Retirees are on the move, despite the COVID-19 pandemic. Though just 17% of the U.S. population is 65 and older, relocation company United Van Lines reports that seniors in that age group completed 29% of all its moves in 2020, one percentage point greater than in 2019. Moreover, about 20% of all surveyed movers listed… read more…
- Where Black Americans Fare Best Economically – 2021 Study
Nationwide, when it comes to wealth and personal finance success, Black Americans generally have less. Census data from 2019 shows that the median Black household income is 33% lower than the overall median household income and the Black homeownership rate is 22 percentage points lower than the general homeownership rate. Data on wealth accumulation depicts… read more…
- GameStop Stock Price Spike: Understanding Reddit’s WallStreetBets Short Squeeze
GameStop’s (GME) share price convulsions are riveting Wall Street and the rest of the U.S. financial establishment. Between Jan. 11 and Jan. 26, 2021, shares of the Grapevine, Texas-based company rocketed more than 1,600%, and in the middle of that ascent briefly tumbled 43%. Then, after closing out January at $328.24 – up from $18.84… read more…
- American Rescue Plan: Inside Biden’s $1.9 Trillion Stimulus
President Joe Biden has signed American Rescue Plan, a $1.9 trillion stimulus package to help offset the impacts of the COVID-19 pandemic, which has wreaked havoc on the economy and left many Americans struggling to pay their bills and support their families. The House and Senate have both passed their own versions of the bill;… read more…
- Second Stimulus Checks: When You’ll Get Them, and How to Track Them
Eight million Americans could still qualify for first and second rounds of stimulus checks and may have not yet received their money. President Joe Biden signed an executive order on January 22 that tasks the Treasury Department with getting relief to millions of eligible recipients who did not get financial assistance. If you expected a stimulus… read more…
- What Holiday Gifts Do Financial Advisors Send to Clients? – 2020 Study
The holiday season is a time when many professionals send gifts and cards to their clients to thank them for their business and support. Within the financial advisory and planning industry, these gifts often foster stronger advisor-client relationships. They serve as tokens of appreciation for clients’ continued trust and confidence in their investment strategies and… read more…
- Is the Santa Claus Rally Real? – 2020 Study
The U.S. stock market hit record highs leading up to Thanksgiving in 2020. Two days before the holiday this year, the Dow Jones and S&P 500 indexes broke 30,000 and 3,600 points, respectively. While some stock analysts and investors are concerned that these prices belie a frothy market soon set to pop, others speculate that… read more…
- Pros and Cons of a Mixed Economy
A mixed economy is an economy that incorporates elements of both free market transactions and government control. While a mixed economy generally allows private property and prices, it also will typically have sectors or industries controlled or subsidized to a… read more…
- Best Cities for Young Financial Advisors to Start Their Careers – 2020 Study
Financial advisors in the U.S. tend to be on the older side. About 29% of financial advice professionals are between the ages 55 and 64, and another 12% are older than 65, according to market research firm Cerulli Associates. By contrast, only 16% of advisors are between the ages 35 and 44, and just 10%… read more…