As the Federal Reserve moves to hike its benchmark fed funds rate throughout 2022 to battle the highest inflation levels eroding consumer purchasing power at the grocery stores, how do higher interest rates affect consumers? Why Interest Rates Will Rise … Read More
“I think we do need to try to not just rely on the central bank to, in its wisdom, adjust interest rates, but allow for people to avoid being exposed to inflation risk.” Robert J. Schiller The Federal Reserve cut … Read More
We often can’t see our own mistakes through our rose-colored lenses. Instead, we can see errors more easily made by others when we are less emotional. The same happens when we find colorful characters in fiction who make blunders we … Read More
Updated “We Have Power!” Craig, my husband How precious those words were when we regained utility services. Our family, among many, endured a multi-day outage caused by Hurricane Isaias. It is truly one of the more disruptive events that can … Read More
Each year I read Chairman and CEO Warren Buffett’s annual letter to Berkshire Hathaway’s shareholders upon its release. For many reasons, I do so as a shareholder, an investor, a former equity analyst, and a professor. Teaching finance to college … Read More
When the Fed speaks, investors listen…really closely. The Fed (formally known as The Federal Reserve System) is the central bank of the US. The Fed regulates commercial banks and has the responsibility for conducting monetary policy to achieve its dual … Read More
Chairman and CEO Warren Buffett’s annual letter to Berkshire Hathaway’s shareholders for 2018 results was recently released. The letter is a treasure trove of personal finance lessons. Business and investment savvy Buffett has long been an American folk hero whose … Read More