Finance Globe Blog

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

Saving for you (Future) Child

saving-future-family-children
Savings for your current child or future child needs to be a big goal for you and your family. I found this amazing, but a recent government study found that it can take over $235,000 to raise a child from infancy to age 17. In fact that number does not include college, extracurricular activities, or family vacations. Now that you know its going to cost a lot to provide for a child, I wanted to...
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What are Accelerators, Incubators, and Innovation Labs?

startup-business-methodology
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...
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Introduction to Asset Allocation

asset-allocation
As I mentioned in my 2018 stock market in review article, asset allocation is very important in evaluating your investment portfolio. Many people perform their asset allocation themselves or hire a financial expert to assist with it. If you are looking to start performing your asset allocation yourself or learn more about it, I thought I would provide a high-level overview. Please let me know if you have any follow up questions, and I would...
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Frank
I usually re-do my asset allocation twice a year.
Wednesday, 27 February 2019 15:32
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Financial Scams in 2019

upset-man-woman-meeting
Financial scams are extremely common now. They put a lot of people at risk and in many cases you can lose a lot of money. With the advancement in technology, scammers are getting smarter and that makes it much more difficult to identify the scam before it is too late. As we enter into 2019, below are a few scams to keep an eye out on. Crypto Rip-Offs : Cryptocurrencies are so common now due...
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Wanderer
A good read and somewhat sobering to say the least. Who can a person trust?
Sunday, 10 February 2019 07:40
Frank
In this day and age, very few people! My wife's Paypal account was recently hacked! Luckily paypal was great about it.
Wednesday, 27 February 2019 12:58
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2018 Stock Market In Review

stock-market-charts-files
For those who don’t follow the stock market on a regular basis, I thought I would provide a high level summary and recap. Most investors are relieved that 2018 is over. There were a lot of highs, including the tax-cut optimism, to quite a lot of lows, especially the last few months. From a U.S. stock market perspective, it was the worst performance since 2008 during the financial crises. The S&P 500 fell 6.2% for...
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Wanderer
Good review of 2018. Appreciate the concise review.
Sunday, 10 February 2019 07:42
Frank
Thanks Wanderer. After every year do you compare how your total portfolio did compared to the U.S. or global stock market?
Wednesday, 27 February 2019 12:57
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Options to File your Taxes

irs-tax-form
2019 is right around the corner. While you have some time in 2019, you will need to begin thinking about filing your taxes. There are a lot of options out there, and depending on your financial experience, you can either do it yourself or hire an accountant. Below are a few options to file your taxes: Hire an accountant : If you do not know and understand taxes, I would recommend to hire an account...
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Frank
I am planning to hire a CPA this year as my financial situation has gotten more complex over the years.
Tuesday, 29 January 2019 16:22
Frank
Has anyone already filed their tax returns? I have to say I have not.
Wednesday, 27 February 2019 16:05
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Learning Personal Finance in 2019

financial-organization1
A new year is approaching, and that means new goals are coming. A good goal for 2019 may be to learn more about personal finance so you can be financially successful! Below are a few tips and recommendations to be able to learn more about personal finance in 2019.  Please feel free to post in the comments sections if you have any additional recommendations. Personal Finance Podcasts: Podcasts have become a hugely popular trend, and...
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Frank
Has anyone started this year????
Tuesday, 29 January 2019 16:21
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Retirement in 2019

retirement-fishing-boat
If you are considering retirement in 2019, first of all a big congratulations is due! Retirement is a period you should be looking forward to. This will bring you the freedom you have always been looking for. At the same time, you do not want to rush into retirement without being fully prepared. Below are a few key things you should look further into and know about retirement in 2019 prior to taking the dive....
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Frank
My father-in-law retired this year and decided to take his social security early.
Tuesday, 29 January 2019 16:21
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Student Debt in 2018

students-learning-college
Student debt has officially gotten out of control. I was reading some interesting articles this weekend on student debt and I thought I would share some of the highlights. I am also not providing any kind of solution, but this has to be addressed. It may be too late, but the numbers below are just staggering! Student loan debt is now the second highest consumer debt category. Student debt is only behind mortgage debt, and...
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Wanderer
Scary read! The Student Loan Debt is astronomical in size. In my mind I would like to see a tax break for students who pay a certa... Read More
Thursday, 29 November 2018 20:30
Frank
I agree 100% I also think this is one of the biggest long-term concerns to our economy.
Thursday, 27 December 2018 09:43
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What is Fintech?

fintech-circle
I would say I read a fintech type article everyday now. Fintech companies have exploded into the mainstream over the last 10+ years. However, many people may not exactly know what ”fintech” is, so I put together a very simple summary. Please feel free to ask any follow up questions in the comments section below. FinTech or financial technology really describes the intersection of financial services and technology. Most of the time it refers to...
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Wanderer
Glad you provided this information as I know little or nothing on the subject. Call it a "heads up" if you will. Seems there may b... Read More
Thursday, 29 November 2018 20:24
Frank
Thanks Wanderer. It is a very interesting industry as I am trying to learn as much as I can as well.
Thursday, 27 December 2018 09:42
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