It’s been the ultimate no-brainer for more than a year: Park your money in super-safe Treasury bills, earn yields of more than 5%, rinse and repeat. Or as billionaire bond investor Jeffrey Gundlach put it last October, “T-bill and chill.”...
There are glimmers of hope in the U.S. housing market, and ambitious buyers might finally find what they’re looking for in coming months, according to reports released Thursday. To be sure, the reports look pretty grim. Sales of previously-owned homes...
Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying “the time has come” for the central bank to begin lowering interest rates. Speaking at the Kansas City Fed’s annual economic symposium...
Gregg Abella, a money manager in New Jersey, wasn’t expecting the flood of phone calls he got from clients this past week. “Suddenly people are saying to us, ‘Wow, do you think it’s a good time for us to add...
The Internal Revenue Service is going to get its piece of your hard-earned, tax-deferred retirement savings accounts — it’s just a matter of when. A harsh reality? Perhaps. A chance to think strategically about your retirement accounts? Absolutely. That’s because...
Keep a sharp eye on your email inbox in the coming days and weeks, student loan borrowers. Buried amongst the spam mail and coupons may be the latest information on debt forgiveness. The Biden administration has taken its next steps...
Central bankers are independent of the White House as they set interest rates. But the political cycle can put them under unwanted limelight. Federal Reserve officials are widely expected to embark upon a rate-cutting campaign in the coming months, bringing...
Many factors impact the cost of owning a home, such as your mortgage principal, property tax bill, homeowners insurance premium, and — this is a big one — your mortgage interest rate. We’ll discuss what determines mortgage rates. That way,...
The Federal Reserve held interest rates steady Wednesday but hinted that it is nearer to easing monetary policy as it cited “some further” progress on inflation and Fed Chair Jerome Powell told reporters a September cut “could be on the...
This year we celebrate a decade of Archvest! We are so grateful to you, our clients, for your trust and partnership. When we founded Archvest our goal was to change the way people think about financial planning—emphasizing a comprehensive approach...
For unsuspecting depositors of online financial start-ups, the unraveling of a little-known intermediary has separated them from their life savings. For close to a century, putting your savings into a federally insured bank has been a sure thing: If the...
In a society where discussing one’s financial status often remains taboo, understanding where you stand on the wealth spectrum can be intriguing. While most shy away from openly discussing assets, getting a sense of how net worth stacks up against...
The latchkey kids are all grown up. The oldest members of Generation X — that generation born between 1965 and 1980 and known for its irreverence, sarcasm and indifference — are hitting 59½ and eligible to start withdrawing money from...
Federal Reserve Chair Jerome Powell said Tuesday that he is encouraged by cooler inflation but reinforced that the central bank will need to see more evidence before cutting interest rates. The last two inflation readings in April and May “do...
Your net worth is like a scorecard of how you’re doing financially. Consistently moving in a positive direction means you’re making solid progress toward becoming financially independent and toward retirement. Calculating your net worth is simple. You add up all...
