Riches to Rags: Poor Money Choices of 5 Celebs An increase in assets doesn’t come with an increase in financial acumen. Financial Literacy Month is a great time for us all to expand our knowledge. It’s also a great time to raise awareness of the many scams, frauds, or predatory lending practices that affect too [...]

April is National Financial Literacy Month When was the last time you learned about anything financial? April is National Financial Literacy Month – an entire month dedicated to underscoring the importance of learning, establishing and maintaining healthy financial habits. But ask yourself this: what have you learned about anything financial lately? Do most of your [...]

Stepping Up to the Plate: Four Baseball Money Lessons Baseball and financial management can have more in common than meets the eye. Below, we discuss four key lessons that investors—and everyone else—can learn from America's favorite pastime.   Diversification of Assets is Critical Having nine power-hitters who are weak in the outfield can help your [...]

Answering Your Kids Toughest Money Questions  Kids ask tough questions about money. It’s how they learn. As a parent, these are teachable moments that offer a chance to impart some financial wisdom to them.    Start by asking them questions for clarification. After all, "Why does a lawyer always answer a question with a question?" Answer: [...]

A Refresh for Your Finances When spring rolls around, your thoughts might turn to organizing your closets or giving your floors a good deep clean. But how much thought have you given to cleaning up your finances? If the answer is “not much,” you might want to reconsider. Spring is a great in-between time of [...]

Understanding Mutual Funds, Index Funds, and ETFs It’s common knowledge that investing in mutual funds, index funds, or exchange-traded funds (ETFs) can help build a diversified portfolio. These funds hold diverse baskets of securities, including stocks, bonds and other assets from real estate to derivatives. By investing your money in a variety of investments, you [...]

Silicon Valley Bank Is the 2nd Largest Bank Failure It will take some time, but the FDIC was designed for moments like this The FDIC-seizure of Silicon Valley Bank is the second-largest US bank failure in history as it held $209 billion in assets at the time of its collapse. Even after adjusting for inflation, [...]

Luck of the Investor: Making Your Own Luck on St. Patrick's Day As Samuel Goldwyn once said, "The harder I work…the luckier I get!" 1 But when it comes to investing, luck may play a huge role in outcomes—no matter how hard you work.2 Below, we discuss some ways that luck may impact your investing, as well [...]

6 Money Myths That Are Limiting Your Wealth When people think of “myths,” they often think of such stories as Pandora’s Box (the woman who took the lid off of a jar releasing all of the world’s ills upon the world, were taxes one of them?), or the Tale of Prometheus (who stole fire from [...]