Inflation or Recession: Which Should You Fear More?

One is here already. The other is lurking right around the corner. Which should worry investors more? Shoppers inside a grocery store in San Francisco, California. Photographer: David Paul Morris/Bloomberg It’s a question that’s increasingly hard to ignore as the twin troubles of inflation and recession loom over portfolios and pocket books. US prices in June rose the most since 1981. …

Why You Should Be Wary of Wall Street’s Upbeat Stock Forecasts

Streams of freshly minted quarterly earnings reports are beginning to arrive from corporate America, promising a fuller picture of how important segments of the economy fared as the stock market fell in the spring and early summer. More important, executives are giving “guidance” to analysts on how their companies are likely to perform in the months ahead. This exercise in …

Nearly 70% Of People Work On Vacation: 7 Ways To Detach

If you’re like 68% of people, you work on vacation and have a hard time detaching—because you’re feeling overworked and under pressure to work constantly. But working all the time with no chance to turn off, get away or take a break can reduce your happiness, wellbeing and even your effectiveness at work. Getting away is important for cognitive, emotional …

Americans Are Talking Themselves Into a Recession

Long-held economic theory says that just the expectation that inflation will accelerate will cause actual inflation to accelerate. The thinking here is that if consumers expect prices for goods and services to rapidly increase in the near future, they will buy earlier, faster and in bulk, which causes those prices to rise faster than they would otherwise. Makes sense, but …

Start Investing Early and Stick With It, Especially When Stocks Fall

I wouldn’t wish this bear market on anyone. A lot of people have been losing a lot of money — not just billionaires, but ordinary working people who have been salting away savings for years. It will be even worse for those who lose their jobs in a recession, which could easily happen as the Federal Reserve tries to wring …

Preparing For Life’s Milestones

Reaching the end of your career by retirement or having a liquidity event, creates the most important financial intersection of your life. The steps you take prior to this major milestone and the plan you create can drastically improve the outcome for the rest of your life and generations to come. We believe there are a few key steps everyone …

How to Protect Your Budget From Summer Travel Chaos

Taking a vacation will be expensive this summer, but if you’re planning a last-minute trip there are tips for keeping costs down. Travelers wait to check in for their flights at Los Angeles International Airport in Los Angeles, California, on July 1.Photographer: Bing Guan/Bloomberg It’s a tough time to travel. So far, it’s been a summer of chaos as flight cancellations multiply …

Pay Down Your Credit Card Balances, and Other Tips for a Slowing Economy

With interest rates rising along with worries about an economic slowdown, now is a good time to pay down credit card balances and bolster emergency savings, financial experts say. iStock-862553264.jpg The Federal Reserve raised its key interest rate by an aggressive three-quarters of a percentage point in June, and it is expected to continue increasing rates until it gets inflation …

Should My Investing Strategy Change During A Bear Market

With stocks dropping further each day, even the savviest investors are wringing their hands over their investing strategies. And who can blame them? During a bear market, anxiety can quickly pressure you to reconsider your investments and your long-term goals. What’s the right move? As it turns out, there are a number of proven ways to navigate a rough financial …