As a long term professional in the financial business, I take great pride in the fact that I mentored my daughter in the ways of responsibility and accountability with issues surrounding money. In her early days, we looked at the stock tables together, built hypothetical portfolios, did banking together, and watched the news which led…Read more
Crime: An Aging Profession
In 2005, the Opa Bande ("Grandpa Gang") in Germany consisted of 3 German men in their sixties and seventies who were convicted in robbing 12 banks of approximately $1.09 million dollars. They testified at their trial that all they were doing was trying to top their pension benefits. One defendant said he used his portion…Read more
From The President’s Desk
Needless to say, it's been an interesting time for the USA of late, affecting both the domestic and international markets. It's important to remember that we are now a global society: many US based companies are also international, making close to home decisions into worldwide decisions- including the ramifications, both positive and negative. A word…Read more
Interest Rates are Rising… Will I be Effected?
For the past 8 or 9 years, we had 0% interest rates, providing cheap money when borrowing. This had a major effect on credit rates, mortgage rates and your purchase of anything having to do with borrowing... hello new car! For the past year however, interest rates have been slowly climbing by ¼ % increments-…Read more