Exchange-Traded Funds Are a Safer Alternative to Stock Investing As an indexed security, exchange-traded funds (ETFs) are still susceptible to market fluctuations. However, they are a portfolio of investments, which provides greater diversification for the investor than owning an individual stock or bond. The funds are diversified by the ETF’s management and it takes the…

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Care-Giving During Retirement Can You Afford to Take Care of Your Parents? According to the Center for Retirement Research at Boston College, it is now common for people in their 60s and 70s to be caring for a parent in their 90s or older. 10% of adults between the ages of 60 and 69 with…

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The Tax Cuts and Jobs Act of 2017 The Tax Cuts and Jobs Act of 2017 reduced federal income tax liability for some, but not all Americans. Wealthy residents of California, New York and other high-tax states could face a higher tax bill, when they file their 2018 return.1 Effects on 2018 Tax Filings: Cuts…

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If you read the news yesterday, then you probably noticed the Dow Jones dropped more than 800 points.” Both the Dow and S&P 500 posted their biggest one-day drops since early February, while the Nasdaq notched its largest single day sell-off since June 24, 2016 (CNBC).” Leading up to the Great Recession, one of the…

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Solomon API is a Powerful AI Investment Tool Solomon API is an artificial intelligence tool for global economic research. Solomon utilizes quantitative modeling and real-time global data assimilation to present you with data in an easy-to-process format. In addition, Solomon utilizes translation to help investors capture bull market opportunities and avoid severe market corrections. Solomon…

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Artificial Intelligence Has Potential to Improve Portfolio Management 1. AI Can Improve the Accuracy of Investment Decisions Without AI, finance relies on researchers with limited time, memory and information. This contrasts greatly with an artificial intelligence tool that utilizes historical databases of financial products and can sort through the web for complimentary information. Artificial Intelligence…

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Facebook is in Trouble! Yesterday, Facebook’s stock tanked after a 2Q earnings report showed that they missed revenue expectations. This can be indicative of slowing growth for Facebook, possibly the social media industry and even the stock market itself. Facebook will need to improve their performance, if they are to regain lost footing. It can…

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Social Security is Running Dry But that doesn’t mean it will cease to exist! Social Security has been an important topic in retirement for decades, but a lot has changed in recent years. For preceding generations, a senior could obtain a sizable portion of their retirement income, solely from social security benefits. Nowadays, seniors that…

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Your Retirement Matters Financial advisors come in all shapes and sizes, but a good advisor will never leave you high and dry. A financial advisor needs to support the needs of their clients and should never make investment recommendations based on a desire for personal sales commission. They need to work for the client’s needs,…

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What is My Full Retirement Age? When you take out social security, your benefits are a combination of 3 types of benefits: retirement benefit, spousal benefit and survivor benefit. Different claiming strategies affect the age you can retire, as well as penalties. The reason financial planners talk so much about full retirement age, is that…

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