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How Does Compound Interest Work for Investments?
We often hear that Albert Einstein called compound interest the eighth wonder of the world. We don’t actually know whether or he actually said that or not, but we do know that compound interest is...
View ArticleInterest Rates Are Dropping. Now What?
The Federal Reserve is expected to drop interest rates to as low as zero in the wake of the coronavirus outbreak and stock market crash. So now what? What does this mean for you and your money? A rate...
View ArticleBreaking Down the Fed Stimulus and What It Means for the Stock Market
On March 15, the Federal Reserve cut interest rates by a full percentage point. It announced a series of measures to combat the impact of the coronavirus, with more stimulus measures expected. On March...
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