Wealth Building

What Is a Custodial Account? Investment Accounts for Kids 

Getting your child off to a good start financially can pay dividends over the long term. Kids who learn about budgeting and saving from an early age tend to have healthier relationships with money as adults. A custodial brokerage account can be a great way to help children develop lifelong saving habits. But what is […]

Trading

Decoding cryptocurrency: What is Bitcoin mining?

Similar to 19th century prospectors mining for gold, some of today’s tech pioneers are mining Bitcoin to obtain this trending digital currency. What does Bitcoin mining mean when Bitcoin is a currency that only exists digitally? What it means to mine Bitcoin Traditional and physical currencies are typically printed and put into circulation by a […]

Stocks

ESG governance: What is the ‘G’ in ESG?

Environmental, social and governance (ESG) has become a mainstream way to invest. ESG criteria relates to a set of socially conscious standards that you can use to filter the types of investments you put in your portfolio. These criteria allow you to align your investments with your core values. You may already know what each […]

Financial News

Tips to spot a recession (and why we’re not there yet)

Welcome to Money Moves. I’m digging into all things money — moves that can impact you, links and insights. What happened: Everyone is talking about it. It’s in every newspaper and all over social media. So it’s no wonder a recession feels like a foregone conclusion. But first, let’s all take a deep breath! Let’s level set […]

New Home

More than a mortgage: The true cost of homeownership

When thinking about your budget for buying a house, you probably focus on the down payment and monthly mortgage payment. But, as a future homeowner, these aren’t the only costs you should factor in. Many homeownership expenditures don’t come with price tags. Costs will vary and while some may only impact your wallet once, others […]

Financial News

Q3 Outlook 2022: On recession watch

The possibility of a recession is the biggest worry entering the third quarter.    Stock market action, economic data and the Fed’s increasingly aggressive stance certainly suggest a slowdown is occurring and a recession could follow. The S&P 500 has had a rough first half, at one point the index was on track for the worst […]

Retirement

Roth IRA vs. traditional IRA

IRAs­ can be valuable to your overall retirement plan due to their tax advantages. For the most part, all you need is taxable income to get started. So, how do you decide which is best? While there are several types of IRAs, the most common are Roth IRAs and traditional IRAs. The major difference between […]

Credit

How to Build and Maintain a Good Credit Score

Your credit score is a three-digit number that shows how well you handle and pay back debt. Paying back debt includes things like mortgage payments, small personal loans, car payments and credit card payments. It’s one of the most important numbers a lender will want to know if you apply to borrow money. In order […]

Credit

What is a Good Credit Score?

Have you ever wondered, “What’s a good credit score?” It’s a normal question, especially if you’re thinking about buying a house, car or getting approved for a credit card. Before we get started, let’s go over what a “credit score” is. Your credit score is a three-digit number that shows, among other things, how you […]

Financial News

How loud will the market roar?

The S&P 500 is down more than 20% so far this year. In June alone, stocks are off 8% with the once-beloved Energy sector coming under fire. The good news is that many commodity prices are in retreat,  which should help stem the rise in the inflation rate. What’s troubling, though, is the drop in […]

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