This Sunday, Warren Buffett turns 90 years young.
“What can we say about one of the greatest investment minds that hasn’t already been said?” asked LPL Financial Chief Market Strategist Ryan Detrick. “We don’t think we can say anything new, so to celebrate his birthday, we’ll let him say it.
Some of us may remember the “good old days,” when gasoline prices were as low as 25¢ per gallon. Others may recall when a can of soda cost 15¢. But prices tend to rise over time—sometimes steadily and sometimes abruptly.
Healthy habits help people to stave off illness, have more energy, feel better emotionally, and perform better. What some people may not realize is that leading a healthy lifestyle may also significantly improve your longevity. Healthy people are less likely to come down will avoidable illnesses and diseases that lead to health problems, which ultimately reduce their life span.
If you're like many workers who have recently transitioned to a home office until the coronavirus crisis passes, you may be struggling to stay as productive as you once were.
Diversification is a basic concept that's critical to building a portfolio able to withstand the test of time. It is the process of spreading your money among a variety of securities to reduce exposure to any one investment or asset class.
At one time, the only way you could join your company's 401(k) plan, 403(b) plan, or 457(b) plan was to put pen to paper and sign yourself up by filling out the appropriate forms. Now, though, in an effort to help participants increase their retirement savings, some employers have begun enrolling their employees automatically.
In these trying times, even those with veins of steel can find themselves nervous about the market's direction and what it could mean for one's financial future.
Most economic charts we look at in the LPL Research Department look alike. Many segments of the US economy came to an abrupt halt in March when the lockdowns and business closures began, making most economic charts covering March and April look like a steep drop on a roller coaster.
Section 529 plans are popular education savings vehicles. To choose the type of 529 plan that's right for you, it's important to understand how 529 savings plans and 529 prepaid tuition plans work and the differences between them.
If you're a small business owner, you face many challenges in growing your company. One of them is recruiting and retaining the best talent for your needs. When your primary goals are managing costs and increasing revenue, how do you sufficiently entice new recruits and reward current staff members for continually putting their best efforts forward?
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