Some pension plans let retirees choose between smaller lifelong income payments or a large lump sum. If one or both spouses are in line to receive pensions, a couple should at least explore some of the possibilities for lump sum investment.
If you follow the stock market, you have probably come across statements like “stocks are expensive” or “this stock is undervalued.” But what is the actual point of reference for these opinions? There are many ways to measure the value of a stock or the market as a whole, but the most common is the price-to-earnings (P/E) ratio—calculated by dividing a stock’s current price per share by the company’s earnings per share over a 12-month period. It quantifies what investors are willing to pay for one dollar of earnings. A P/E of 20 means an investor pays $20 for every...
Many families consider the cost of sending their kids to college to be a crushing financial burden—and it’s not hard to see why. According to the Education Data Initiative, the average cost of attending a 4-year in-state institution is now up...
The most recent Federal Reserve Open Market Committee announcement came...
Here’s an interesting question: what are the most profitable...