Is a Recession Coming Soon?

Short answers is maybe, long answer is it depends on who you ask. Deutsche Bank recently came out and said that the probability of a recession in the next 12 months has risen to 60%. On the other hand the New York federal reserve has come out and stated a recession is 8.1% likely in the next 12 months. The biggest issue right now is all of the contradictory opinions about the economy is causing havoc with peoples emotions. The volatility in the markets right now is a direct result of the uncertainty this news creates. There are many gloomy clouds on the horizon but no one can defiantly tells us what it all means. Continue reading “Is a Recession Coming Soon?”

Small Cents BIG Change

One of the things that commonly comes up when discussing saving and investing is the argument that you don’t have any extra money to save in order to invest. I understand completely that we have a lot of demands on our wallets these days but I want to assure you that even small amounts of money can grow into big amounts over time. Would you believe me if I told you that you could leave your loved ones a nice sized inheritance by saving and investing your pocket change? Don’t believe me, well check this out. Continue reading “Small Cents BIG Change”

Passive vs Active Investments

According to Morningstar the trend is continuing as more and more people are moving their investments to passively managed funds from actively managed funds. In my opinion the reason is more than just lower fees. Humans have emotions, we panic, we get scared and we do dumb things because of it. Going with a passive fund not only lowers your fees but it takes away the risk of your fund manager making a bad decision. Over time it is hard to be perfect with every decision you make. Continue reading “Passive vs Active Investments”