Most new investors place market orders which essentially authorize their broker to buy or sell a given security as soon as possible at the best available price. Their use of a market order instead of a limit order can result in paying more for a share than they expect or selling shares for less than they expect.
The same investor could potentially save several cents a share by placing a limit order. Limit orders can be [ More.. ]
Like many baby boomers, gay and lesbian retirees are looking for affordable and safe places to live out their autumn years. While many have the financial resources to invest, their options have been limited and many have felt it necessary to return to the closet in order to comfortably integrate with existing retirement communities.
Considering estimates that 400,000 gay men and lesbians in the United States turn 60 every year it’s no surprise communities are finally [ More.. ]
The road to $1 million starts early, but there’s hope and help for late bloomers. The table below shows how much you would need to save each month to accumulate one million dollars by age 65, along with strategies for fitting retirement saving into the rest of your life.
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Upside-Down Loans refer to loans on which the borrower owes more than the value of the asset for which the loan was used to purchase. Upside-down loans occur when the asset depreciates in value, or was overvalued when the buyer purchased the asset. While it’s common for auto loans with small down payments to be “upside-down” initially due to the large depreciation which occurs during a new cars first two years, an increasing number of [ More.. ]
A recession is a period of economic retraction; in macroeconomics it is defined as two or more consecutive quarters of decline in the Gross Domestic Product (GDP). Economists rely on the Business Cycle Dating Committee at the National Bureau of Economic Research (NBER) to officially declare recessions using more advanced metrics. This official designation is of limited value as it’s often declared several months after a recession has begun.
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