Finance Globe

U.S. financial and economic topics from several finance writers.

Introduction of Inflation (Part 2 of 2)

inflation-dollar
This is part 2 of an overview on inflation. We discuss what the media/experts are saying about inflation and how to protect yourself from high inflation. Please feel free to post any follow up questions or comments in the comments section below. What is the media/experts saying about inflation? By summer, there are many economists that are estimated that the cost of living (i.e. inflation) will be up to 2.0% on a yearly basis and likely...
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Introduction of Inflation (Part 1 of 2)

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As you have probably seen in the news lately, a lot of people, companies, and government representatives are talking about inflation. Given inflation can be one of the most impactful things to you and your savings, I wanted to write a few articles to discuss inflation. In 2 articles that we will post, I will outline what inflation is, how it impacts you, what the recent “experts” are saying about inflation, and lastly, how to best...
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Coronavirus Lessons for Anyone with a Retirement Fund

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Even in the absence of a global pandemic, retirement is very difficult to manage and plan for. Everyone’s retirement funds have likely seen the ups and downs recently and likely feel very concerned about the state of our economy. However, now is not the time to panic and make quick decisions without a thorough thought process. Below are some lessons to take to make sure you are planning for your retirement the right way. Have flexibility...
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Update on Home Sales and U.S. Mortgage Rates

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A few additional interesting statistics to watch during this pandemic, is U.S. home sales and the corresponding mortgage rates. Please let me know if anyone has recently purchased a home and if they are comfortable sharing, please share your rate as well. U.S. Home Sales: U.S home sales dropped to their lowest level in more than 9.5 years in May, which are caused by disruptions from the COVID-19 pandemic. Also, there was the smallest annual home...
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Wanderer
Purchasing a home is a major undertaking. In today's world do you know you will have a job to pay the bills or stay geographically... Read More
Wednesday, 15 July 2020 06:24
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How to Prepare Now for a Job Search in 2021

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With the year quickly coming to an end, there is no better time than now to think about the future. The year will likely be remembered as "infamous 2020" or something like that for most people. For some, this means one thing: finding a new job in the new year. If you know you want to change positions in 2021, don’t wait any longer to review your situation and decide which steps to take. Although everyone...
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Wanderer
A good list of job search items that will aide a person considering work. It certainly can be scary and paying as much attention t... Read More
Wednesday, 21 October 2020 19:46
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What are Accelerators, Incubators, and Innovation Labs?

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In today's startup world, you have probably heard of the terms accelerators, incubators, and innovation labs. These are great to help startups and founders grow their business into something viable. While there is a lot of similarities, the programs do have some key differences and are set up differently as well. Below I will describe these in detail. Please feel free to ask any follow up questions in the comment section. Also please feel free to...
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Frank
Has anyone participated in one of these the past few years?
Thursday, 21 March 2019 11:35
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Personal Finance for High School Students

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There is an issue I think needs to be addressed in public high schools. While the core classes like algebra, geometry, and English are critical, these schools are putting enough focus on everyday skills like personal finance. I think personal finance should be a core class in high school. Learning these skills in high schools will help the student through adulthood, and may even find a job. I bet there are many that find themselves behind...
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Frank
Does anyone currently have a child in high school and are trying to teach them about personal finances?
Monday, 27 May 2019 15:11
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What is Equity Research?

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As I wrote on what a bond rating is last month, I wanted to also write an overview of what equity research is as well. You may be familiar with what equity research is, some may not. Below is a high-level overview of what equity research is, and feel free to ask any follow up questions in the comments section below. Equity research is primarily focused on publicly traded stocks. The purpose of equity research is...
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How Does the Fed Rate Affect You?

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The Federal Reserve recently announced that it cut its benchmark interest rate by a quarter percentage point, the first cut since the 2008 financial crisis. The new short-term range will be between 2% and 2.25%. The rate they reduced is the federal funds rate, which is what banks and other financial institutions charge one another for very short-term borrowing. Most consumers don’t do that sort of overnight borrowing, but the Fed’s moves still affect the borrowing...
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Wanderer
The loss of jobs is ever a sad perspective but, when you realize we are in the longest period of growth ever, it is not surprising... Read More
Thursday, 15 August 2019 19:58
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Updates on the General Economy

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There is generally more and more positive news coming out for the economy which is a sign we have already hit a bottom. Many believe that rising coronavirus cases won’t overwhelm hospitals that are now better prepared than during the first wave, and that virtually no political will exists for the return to restrictive lockdowns that characterized March and April. Even the Federal Reserve chair, Jerome Powell, is expected to tell lawmakers that the U.S. economy...
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