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The Wealth Report: Implications of Having Your Data Exposed

In 2018, Bloomingdale’s, Macy’s and Reddit were added to a growing list of companies infiltrated by data hackers.1 While a security breach can become a public relations nightmare for the affected company, the real damage is inflicted on the consumers whose data was left unprotected. Click to Read More

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The Wealth Report: What Low Unemployment Means for the U.S.

In October 2018, unemployment fell to 3.7 percent, its lowest rate in 49 years.1 Although this number offers at-a-glance insight on the nation’s economic status, there are many ways to interpret data. Digging deeper into the calculation of unemployment rate and what it means for the country suggests that even though more people have jobs, there…

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The Wealth Report: How the China Stimulus Impacts Global Growth

China, the U.S. and other countries launched stimulus programs starting in 2008 in an effort to mitigate the effects of the global recession. China’s strategy was effective at reducing the short-term impact, but it has been problematic in terms of long-term economic growth. Click to read more.

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The Wealth Report: Are We on the Verge of a Financial Crisis?

As we close out 2018, remember that this past year marked the 10th anniversary of the last financial crisis. The economic recovery from that time has been slow but remarkably sustainable. And although today’s economy remains quite sound, rising U.S. interest rates and ongoing trade tensions with China have many experts pondering if we are…

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The Wealth Report: Women and Money

Despite their experience with managing money, women continue to face greater challenges than men when it comes to retiring with lifelong financial independence. Click to read more.

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The Wealth Report: Has the Housing Market Reached its Peak?

Recent signs indicate that the housing market may be approaching its peak. Long-term economic expansion, rising interest rates, an increase in nonprime loans, volatility in the securities markets and the possible threat of a recession lay new groundwork for what real estate investors can expect next. Click to read more.

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The Wealth Report: What To Do in a Market Correction

What goes up, must come down. This too shall pass. Keep calm and carry on. These old sayings apply to many aspects of life, but they are especially relevant to financial markets. By their very nature, securities markets rise and fall. We might not like it, but it’s an unfortunate component of investing. Click to…

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The Wealth Report: 3 Reasons to Diversify

The goal of diversification is to spread out invested assets among a wide variety of holdings to reduce the chances of losing money should one investment, asset class or sector drop in value. Not only can diversifying help manage risk, but it also offers opportunity for growth even if other portions of the portfolio decline.…

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The Wealth Report: How to Avoid Bad Investment Advice

Time can cure many things: A bad haircut; a broken heart. But if you are near or in retirement and make a miscalculation related to your investments, time is not on your side. For this reason, investors should not only work with a trusted advisor but take the time to learn about their investment options…

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