Why Do Banks Fail?

Is it safe to write about the banking crises that almost was?  I try not to feed into the media frenzy when financial news is freaking people out.  Maybe we can look back now and see what happened and if you should (or should not) worry about the banking system. First, why do banks fail? …

Is Money Making You Happier?

Okay, were you REALLY that much happier in your life back when your investments were worth 25% more?  Probably, but research says that wealth is only part of the happiness equation.  In years like 2022, it might be important to remember that.   Thanks to Alert Reader Sean Sullivan for passing along this article from…

The Pros And Cons Of IRA CDs

If you’re getting close to retirement or you’ve just retired, you need a more conservative mix of investments to generate immediate retirement income. Sequence of return risk could be your greatest enemy, and CDs are a solid portfolio option to help fend off this risk and generate near-term income from your nest egg. “The good thing about…