By 2050, 16.2 million properties will be at ‘substantial risk’ of flooding in a given year, report finds. And it’s not just properties along the coast or near rivers. “When Hurricane Harvey struck Southeast Texas in 2017, it provided a real-life stress test of the plans for flood risk in a highly vulnerable region. Southeast…
Month: June 2020
How is the financial health of Americans changing over time?
If you are facing challenging financial stress due to the coronavirus, you are not alone. Even in 2019, before the virus, most Americans were not financially healthy according to research by the Financial Health Network https://finhealthnetwork.org/research/u-s-financial-health-pulse-2019-trends-report/?utm_source=nyt-paid-post&utm_medium=pulse-button&utm_campaign=nyt-paid-pulse“In a year-over-year analysis, the second annual U.S. Financial Health Pulse report reveals that the majority of Americans are still…
Beware for-profit colleges!
For-Profit Colleges, Long Troubled, See Surge Amid Pandemic “The coronavirus shutdowns have made online learning more attractive. But students at some schools say they have been taken advantage of.” Writing for The New York Times, Sarah Butrymowicz and Meredith Kolodner reveal a new round of abuses. “Some have put students deep in debt while posting…
College Rankings
“Among the most prominent sources for finding college rankings is the U.S. News and World Report, which offers expanded profiles for nearly 1,800 schools in America and ranks schools or programs according to different criteria. As a magazine for finding reliable business and finance information, Forbes also composes a list of “America’s Top Colleges” at…
Your complete guide to a succesful and secure retirement
“Investment and personal finance experts Larry Swedroe and Kevin Grogan present uniquely comprehensive coverage of every important aspect you need to think about as you approach retirement, including: Social Security, Medicare, investment planning strategy, portfolio maintenance, preparing your heirs, retirement issues faced by women, the threat of elder financial abuse, going beyond financials to think…
Risk Less and Prosper: Your Guide to Safer Investing
During the market volatility brought on by the Coronavirus is a great time to read this classic book by Zvi Bodie and Rachelle Taqqu (2011). A practical guide to getting personal investing right “Somewhere along the way, something has gone very wrong with the way individuals save and invest. Too often, households are drawn in…
The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy
I haven’t read this yet but it seems like a very timely title and approach during these times of drmatic financial market volatility.According to the Good reads website the book is : “A detailed guide to overcoming the most frequently encountered psychological pitfalls of investing Bias, emotion, and overconfidence are just three of the many…
How much of your college scholarship is taxable?
Wait! What? My scholarship money is taxable?Many students have no idea that their scholarships might be taxable.Due to the coronavirus the income tax deadline has been extended to July 15, 2020.Payments and interest on federal student loans for 6 months of relief…. So, about those scholarships and possible taxation.Any aid used for living, travel and…
Protect yourself from growing credit card fraud
“Even if you’re careful, your credit card information will probably be stolen at some point. And we’re mostly on our own to protect ourselves” explains Shira Ovid, writing for The New York Times On Tech newsletter. What you need to do: Sign up for email or phone alerts for each transaction. Limit or eliminate the…
The "Perfect Storm of Stupid" and other Coronavirus stock market theories
Why has the stock market gone up dramatically (after initial plunge) during a pandemic?Some ideas… courtesy of Planet Money The “Perfect Storm of Stupid” Theory Basically, Americans are super bored. They’re at home. Sports are canceled. The kids are screaming. The casinos are closed. And around 800,000 additional people have decided to plop down money…