Fresno Financial Advisor
Fresno Financial Advisor News: What’s Ahead for the Stock Market?
In November, the Dow experienced its best month since 1987, while the S&P 500 and Nasdaq indexes enjoyed their best month since April of this year.1 With the election behind us and a vaccine on the horizon, the stock market has plenty to celebrate. Many consumers used the pandemic period to shore up their savings,…
Read MoreFresno Financial Consultant News: Should You Purchase Flood Insurance?
If it rains where you live, it can flood at your house. Extreme weather, leading to hurricanes, storm surges, flash floods and rising bodies of water, is no longer a problem exclusive to coastal areas. Almost every home in America is potentially a flood zone. A flood zone is simply a measure of risk. You…
Read MoreFresno Financial Advisor News: How Working From Home Can Help Couples
The recent pandemic created quite a dilemma for working parents when schools and daycare centers closed. Employees required to report to work were hard-pressed for child care. As parents adjusted to working from home, many also had to manage their children’s online classes and cabin fever since they weren’t able to see friends or engage…
Read MoreFresno Financial Advisor News: The Effect of Debt on the Global Economy
The national debt is a measurement of how much the federal government owes creditors, most commonly depicted as a percentage of gross domestic product (GDP). A high debt-to-GDP ratio is considered viable when the economy is expanding, because that growth allows the government to generate higher tax revenues to help pay down the debt. However,…
Read MoreFresno Retirement Advisor News: Troubled Mortgages
A lot of factors affect real estate prices, including interest rates, inventory, local foreclosure and short-sale rates, and even natural disasters. This year, as it was during the Great Recession, underwater mortgages and the potential foreclosure rate is a concern. Being “underwater” or “upside down” means that you owe more on your mortgage than the…
Read MoreFresno Financial Consultant News: Let’s Talk About … Bankruptcy
According to a recent paper by a Wharton Business School professor, one in 10 U.S. households have filed for bankruptcy at some point. Moreover, approximately 1 million file for personal bankruptcy each year. Yet, even in the wake of total household debt soaring to a record $14.3 trillion in the first quarter of 2020, the…
Read More