Enhance Today | Enrich Tomorrow
The Federal Reserve (“Fed”) recently announced in its January 2014 meeting that it will continue to reduce (aka taper) its bond buying from $75 billion to $65 billion per month in 2014. The Fed has seven remaining meetings in 2014…
As we did last year, Financial Symmetry has covered several current events on our blog throughout 2013, and here are what we think the Top 10 Economic Stories of the Year have been:
What do you think is the average amount left by the tooth fairy? It’s a great time to be a kid with a loose tooth, because the answer is $3.70, according to a recent survey by Visa. This number varies…
Do you ever ask yourself, “At what age can I retire?” Or, “Am I saving enough to help pay for my child’s college education or buy a new home?” These are financial goals and the best way to answer these…
With the Affordable Care Act (“Obamacare”) becoming law in 2014 it is expected Healthcare Savings Accounts (HSAs) will get more attention. An overview of HSAs are detailed below in the article from the Financial Planning Association®, but in summary if…
Do you buy health insurance on your own? One important piece of the Affordable Care Act (“Obamacare”) is the insurance exchanges. If you get your health insurance through your employer or Medicare, it is likely little will change with your…
Warran Buffett once said, “the investor of today does not profit from yesterday’s growth.” This is never more evident than with individual investor performance in mutual funds. Morningstar, the mutual fund research company, annually calculates the difference between mutual fund…
That is a question asked by many investors today. One way to analyze this question is look at previous situations in US history when bond yields reached levels seen today. As noted in the chart, the previous treasury yield low…
Are you trying to save for a child going to college? If so, keep in mind the cost of college continues to increase faster than inflation with the largest increases at public universities: Percentage cumulative change over the last 10…
What is a stock? It is an ownership of a company which represents a claim on future earnings. Many have been told to buy stocks because they are the best long-term investment, but few know where these returns actually come…
