Investing

November 14, 2022
4 Ways Inflation and High Interest Rates Affect Small Business Owners

It’s no secret that inflation is high. But did you know these conditions might make it more difficult for you and your business to borrow money, produce your goods or services, and maintain inventory? Inflation is hard on small business owners, but there are steps you can take to protect yourself and your business. At…

October 06, 2022
What are Series I savings bonds & should I buy them now when inflation is high?

The United States inflation rate has been higher than many of us have ever seen. I was a child when the inflation rate was this high. And while I remember having to be the person who physically got up to change the TV channel before remotes existed, I don’t actually remember the high inflation rates.…

May 17, 2021
What Is a Roth IRA?

A Roth IRA (Individual Retirement Account) allows you to save up to a certain amount of money in a non-deductible, after-tax account. Contributions to the account are not tax-deductible, but funds grow tax-free. Any withdrawals made after age 59 ½ are tax-free. The annual contributions limit, set by the Federal government, is $6,000 for 2021…

May 06, 2020
What is the Rule of 72?

Are you considering investing money? If so, you should know about the Rule of 72. It helps you determine how long it will take for your money to grow a certain amount. The Rule of 72 allows you to figure out how long it will take for an investment ...

September 22, 2022
Everything You Need to Know About Inflation

It’s almost impossible to turn on the news or scroll the headlines today and not be confronted by rising inflation. With an inflation rate of 8.5% in July, it is easy to see why.  The government typically works to target 2% inflation to keep p...