Executive Summary Recessions are a normal part of the business cycle. Economies grow and contract with peaks and troughs of activity. Since 1857, the U.S. economy has experienced 34 business cycles of growth and recession, with recessions occurring on average about once every 5 years. Since WWII, that average has shrunk to once in every […]
Recessions are a normal part of the business cycle. Economies grow and contract with peaks and troughs of activity. Since 1857, the U.S. economy has experienced 34 business cycles of growth and recession, with recessions occurring on average about once every 5 years. Since WWII, that average has shrunk to once in every 6.25 years […]
While we don’t often like to think about it, deciding who or what inherits our financial wealth after we pass away should be at the top of our priority list. It’s a fairly simple process and will save your loved ones a lot of stress when the time comes! First comes the plan, then the […]
There is plenty to learn when it comes to investing your money; what stocks should I buy? Is it better to reinvest my dividends? Should I own bonds? Wait, what is a bond? It can get overwhelming pretty quick. However, before you even get to those big questions, you are faced with what strategy you […]
U.S. housing prices are up substantially over the past two years, and that’s been felt keenly here in Maine. One effect of this increase has been re-assessments of properties by municipalities and resulting tax increases. These increases can be particularly hard on senior citizens whose incomes may not see adjustments adequate to pay the increased […]
There is plenty to learn when it comes to investing your money; what stocks should I buy? Is it better to reinvest my dividends? Should I own bonds? Wait, what is a bond? It can get overwhelming pretty quick. However, before you even get to those big questions, you are faced with what strategy you […]
What to do when the stock market just flat stinks. I know the feeling…You log into your account, hold your breath, and see that the account value has slipped even more. It has been months of seeing scary headlines and watching the value of your portfolio, EVERYTHING you have worked for, just slipping further and […]
