There is a Hole in the Bubble!
Posted by Mike Allen on Fri, 11/12/2021 - 12:34
Mankind has a long and storied history of letting ego get the best of us. There’s always someone who thinks they’ve got it all figured out and they’re smarter than everyone else. But unless you’re Elon Musk that rarely turns out to be true. The latest inductee into the Hall of Hubris in this sense is Zillow. Zillow thought they had created an algorithm that could predict the housing market and were using it to automatically purchase houses that it believed could be resold later for a profit. This didn’t quite work out as planned and led to a massive selloff of Zillow Group’s stock.
Like a Fine Wine
Posted by Eric Kearsh on Fri, 11/05/2021 - 12:44
As the days get shorter and colder, a good glass of wine become a must to enjoy with the flavors of the season. Hmm, do I pick a nice dry Red? Or maybe a sweet White? Maybe feeling adventurous for a Rose?
This time of year presents a choice for more than just wine drinkers though as Medicare enrollees have to review their plans and make sure that their pairing is up to snuff for the upcoming year.
4 Reasons to Consolidate Retirement Accounts
Posted by Mike Allen on Fri, 10/29/2021 - 12:54
Did you know Americans change jobs an average of 12 times in their lifetime? If you have changed jobs and left behind 401(k) accounts with prior employers, you know firsthand that managing retirement accounts spread among different custodians and financial services providers can be a big headache. Let’s look at four reasons why consolidating your retirement plan accounts may be the cure.
Posted by Mike Allen on Fri, 10/22/2021 - 12:31
Looking ahead to retirement is exciting for some and troubling for others. Regardless of what camp you fall in, there are some important Milestone ages you should look out for as retirement gets closer.
Debt from Above Part 3
Posted by Mike Allen on Fri, 10/15/2021 - 12:17
The last installment in our recent series about using debt wisely is to talk about another key difference you’ll see among types of loans: the interest rate. There are two main types of interest rates you may run into on loans: fixed and variable.
Debt from Above Part 2
Posted by Mike Allen on Fri, 10/08/2021 - 10:56
Last week we talked about different ways to look at your debt and how not all debt is equal. This week we wanted to talk about ways you can organize your debt to put yourself in a better financial situation without necessarily paying any of it off. One way to do this is using secured debt to consolidate any unsecured debt you may have.
Debt from Above Part 1
Posted by Mike Allen on Fri, 10/01/2021 - 11:21
Debt is not typically looked at as a good thing in the world of personal finances, but the reality is that whether it’s using a credit card, or buying a house, managing debt is an important part of managing your overall finances. After all, there are only two things on our balance sheet: assets and liabilities. We put a lot of effort into managing the assets, but managing the liabilities column can be just as important for getting you and your family where you want to go.
Supply Chain Pain Continues
Posted by Mike Allen on Fri, 09/24/2021 - 08:01
Last year started a whole bunch of things that we were kind of counting on being over by now, among those was a massive global supply chain disruption. And not only is it not going away, but it looks like it’s actually getting worse.
Bitcoin on the Big Stage
Posted by Mike Allen on Fri, 09/17/2021 - 07:59
Earlier this month El Salvador made headlines by being the first country to officially accept Bitcoin as legal tender. This would seem like a great thing for the overall value of Bitcoin, but strangely the price dropped 10% on the announcement.
For many Bitcoin investors an event like this would seem like the ultimate proof of concept that the cryptocurrency has a permanent place in world finance. However, many challenges still remain for widespread adoption acceptance of the currency even after hitting this milestone.
So You Want to Buy a Vacation Home . . .
Posted by Mike Allen on Fri, 08/27/2021 - 16:31
As summer vacation season comes to a close, many of us are fighting off thoughts of colder months with the fresh memories of our recent getaways. And for some, those glowing images of our favorite places may bring about an urge to make sure those good times continue by buying a vacation home. Although the idea of having a permanent “home away from home” may sound appealing, purchasing a vacation property isn’t something to be entered into lightly. If you’re considering this major commitment, here are some important questions to ask yourself.