Central Banks globally are using monetary policy to attempt to stimulate economic growth. Many opinions have been written about this idea that Quantitative Easing (QE) could potentially lead the US into a situation where we experience hyperinflation. Some of these articles reference the Weimar Republic of Germany, post WWI or Hungary, post WWII as baselines of countries that used to
Just as a car salesperson uses the "blue book" to gauge the approximate price for a newly acquired vehicle, you can use market benchmarks to gauge the approximate performance of your mutual fund investments. Each market index tracks a representative sampling of stocks, bonds, or other securities that may be similar to the holdings in your investment portfolio.
Identity thieves are upping their game. In their relentless pursuit of your personal identifying information (PII) they are constantly evolving in their technology and their techniques to stay one step ahead of you. In past blog posts we have outlined the steps you need to take to fortify your defenses against identity theft.
The decision by the United Kingdom to leave the European Union was one that was a bit unexpected by most experts. In some respects it became a referendum on globalization and sovereignty. Given this result, financial markets are under pressure, and we wanted to pass along our thoughts on this historic vote and its overall impact.
By now, most parents and grandparents who are saving and investing to pay for college costs have probably heard that so-called 529 college savings plans allow tax-free distributions for qualified education expenses, potentially making them even more attractive and effective than in the past, when they were only tax deferred.
Federal law requires that participants in employer-sponsored retirement plans designate their spouse as their beneficiary unless the spouse waives this right in writing. Assuming that you and your spouse adhered to this practice, a document known as a Qualified Domestic Relations Order (QDRO), which is part of a divorce settlement, specifies how retirement assets are divided.
What recent graduates (and their parents) need to think about
Spring is here, summer weather has begun in Austin, and graduation time has arrived. Across Central Texas, students are finishing their high school, college, and even graduate school lives, after years of hard work, stress, excitement, and even some boredom.