• If You Have $200K to Invest, Becoming a Millionaire Is Within Reach

    If You Have $200K to Invest, Becoming a Millionaire Is Within Reach

    If you have $200,000 to invest, then the dream of becoming a millionaire is well within your reach, writes Andrew Lisa for Yahoo!Finance. Money experts recommend everything from financing fintech startups and investing in SPACs to real estate and equity investing. In the end, any success or failure depends fully on you. “People need to…

  • Alternative Investments and Their Advantages, Disadvantages

    Alternative Investments and Their Advantages, Disadvantages

    Whether your investment strategies focus on short-term or long-term goals, it is always a good idea to diversify and invest some money into alternative assets, writes John Csiszar for AOL Finance. Alternative investments are nontraditional investments that go beyond the stocks, bonds, or mutual funds that are more typical for the world of investing. Putting…

  • How to Find the Right Financial Advisor to Fit Your Needs

    How to Find the Right Financial Advisor to Fit Your Needs

    Picking a financial advisor who will be right for you is not easy, but being well informed and knowing exactly what you need will make the process much easier, writes Bernice Napach for The Wall Street Journal. “The first question for consumers is: Why are you hiring an advisor?” said Micah Hauptman, director of investor…

  • IRS Has Made Changes to Its Tax Brackets, Here Is What That Means for You

    IRS Has Made Changes to Its Tax Brackets, Here Is What That Means for You

    Thanks to inflation adjustments made by the Internal Revenue Service, many Americans will see their tax brackets shift and their tax burden go down next year, writes Ashlea Ebeling for The Wall Street Journal. Still, some will benefit more than others. The IRS adjusts dozens of tax provisions based on inflation each year. These include…

  • With Tax Day Closing In, Now Is Best Time to Remind Yourself of Changes That Affect Your 2022 Returns

    With Tax Day Closing In, Now Is Best Time to Remind Yourself of Changes That Affect Your 2022 Returns

    With Tax Day closing in, taxpayers should be aware of several changes that affect returns for the 2022 tax year which could lead to smaller refunds for a number of filers, writes Tom Herman for The Wall Street Journal. Other changes could result in people who were expecting a refund ending up owing money for…

  • Dividend-paying Stocks Are Helping Retirees Live Life of Luxury

    Dividend-paying Stocks Are Helping Retirees Live Life of Luxury

    Some retirees are enjoying a life of luxury thanks to investing in dividend-paying stocks, mutual funds, or ETFs, writes Jen Glantz for the Business Insider. Over time, the cash generated from distributions of stocks or cash to shareholders can supplement your income when you retire. Depending on how much money you invested in those stocks…

  • These Tips Can Help Buyers Up Their Chances This Spring as the Housing Market Thaws

    These Tips Can Help Buyers Up Their Chances This Spring as the Housing Market Thaws

    While the pandemic-fueled home-buying frenzy might be over, home buyers are still faced with a rough process this spring due to affordability and low inventory, writes Veronica Dagher for The Wall Street Journal. According to the National Association of Realtors, the median single-family existing-home price increased by 4 percent last year to $378,700. Mortgage rates…

  • Divorce Lawyers, Financial Advisors Share How They Manage Money in Their Relationships

    Divorce Lawyers, Financial Advisors Share How They Manage Money in Their Relationships

    Divorce lawyers and couples counselors know how often money can lead to a divorce or an end of a relationship, writes Julia Carpenter for The Wall Street Journal. That is why when they return home, they take steps to ensure they have a healthy relationship with both their finances and their partners. One of the…

  • Naming Rights to ‘The Linc’ Paying Off Big for Lincoln Financial

    Naming Rights to ‘The Linc’ Paying Off Big for Lincoln Financial

    Lincoln Financial Group’s purchase of the naming rights to the Philadelphia Eagles’ new stadium in 2003 has really been beneficial for the Radnor-based life insurance/retirement investment firm. It didn’t seem so certain back in the day when executives didn’t like the fans and the media referring to the stadium as “The Linc”, writes Jeff Blumenthal…

  • Smart Financial Habits of Wealthy People That Wise Investors Emulate

    Smart Financial Habits of Wealthy People That Wise Investors Emulate

    High-net-worth individuals who grew their wealth strategically from a small nest egg often did so by developing smart financial habits that are wise to be emulated by everybody, no matter their starting level of wealth, writes Forbes Finance Council for Forbes. Not Keeping Money Lying Dormant Building true wealth requires not leaving money sitting idle.…

  • Wealthy People Are Not Immune to Poor Money Decisions; These Are Some of Most Common Mistakes They Make

    Wealthy People Are Not Immune to Poor Money Decisions; These Are Some of Most Common Mistakes They Make

    While wealthy people generally have a reputation for being good with money, even they are not immune to sometimes making poor decisions regarding their finances, writes Cameron Huddleston for GOBankingRates. “I’ve documented some horrific money blunders some smart, wealthy individuals always seem to repeat,” said Tom Corley, author of Rich Habits and Change Your Habits,…

  • 3 Ways to Maximize the $10,000 You Can Buy in Series I Bonds

    3 Ways to Maximize the $10,000 You Can Buy in Series I Bonds

    Series I Bonds soared in popularity last year due to their enticing inflation-adjusted rate that peaked at 9.62 percent, writes Beth Pinsker for Market Watch. Since individuals are limited to purchasing a maximum of $10,000 per year, those who hit that number had to wait for the new year to buy more. Now, the question…

  • Radnor Investment Advisor Hank Smith Predicts Very Mild Recession

    Radnor Investment Advisor Hank Smith Predicts Very Mild Recession

    So with everyone speculating about a recession in our future, what are the financial experts actually telling their clients about the financial climate for 2023? Hank Smith, head of investment strategy for Haverford Trust Company in Radnor, offered his advice at a Philadelphia Business Journal Economic Forecast event Thursday, writes Jeff Blumenthal for Philadelphia Business…

  • Six Ways Wealthy Individuals Earn Passive Income

    Six Ways Wealthy Individuals Earn Passive Income

    Earning passive income is not just a privilege of high-net-worth individuals, writes Analytics Insight. Most of us already have some wealth that can be utilized to generate a passive income and make the money work in our favor. Cloud Mining Unlike traditional mining, cloud mining does not require the use of specialized equipment or extensive…

  • 5 Sensible Steps to Protect Your Money in a Year That Promises More Economic Chaos

    5 Sensible Steps to Protect Your Money in a Year That Promises More Economic Chaos

    With the highest inflation in decades, a bear stock market, and fears of recession, the New Year promises to bring more economic chaos, write Imani Moise, Joe Pinsker, Ashlea Ebeling, Veronica Dagher, and Anne Tergesen for The Wall Street Journal. Luckily, there are some simple steps you can take to protect your money and prepare…

  • Local Billionaire Michael Rubin Says ‘No’ to NFTs

    Local Billionaire Michael Rubin Says ‘No’ to NFTs

    Bryn Mawr billionaire Michael Rubin has decided that NFTs aren’t all that after all, writes Victor Fiorillo for Philadelphia Magazine. Rubin purchased a 60 percent stake in an NFT company back In October 2021 when he was a co-owner of the Philadelphia 76ers.  Candy Digital had produced NFTs for Major League Baseball and Stranger Things…