Every great financial advisor has heard some version of the following from a client or prospective client: “I wish I’d met you sooner!” The apparent assumption is that if they had met on an earlier date, they’d have become a client sooner, they’d have better positioned themselves financially, and they’d…

Mortgage payments are up from a year ago but haven’t quite crossed the threshold many mortgage experts recommend that homeowners stick to. It’s often recommended homeowners don’t spend more than 30% of their income on housing costs. Currently, the average monthly mortgage payment for single-family homes typically requires 24.2% of…

Introduction As mentioned in some of my previous articles, I’m trying to add some duration to my fixed income portfolio. Preferred shares are an important part of my income-focused portfolio, but I am keeping close tabs on the financial performance of the issuers on a quarterly basis, just to make…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Germany’s vice-chancellor said the doors were “open for discussions” with Beijing on EU tariffs but he took a tougher line on Chinese exports to Russia during the first mainland visit from a…

Retirement waits for no one; it’s coming fast for the youngest Baby Boomers and oldest Gen-Xers. The stark reality is many people are not ready, and studies show more than half of us wish we’d saved more and had a solid retirement plan. With retirement looming, financial stress is a…

A small group of Americans who took out cheaper but riskier mortgages several years ago are about to see their monthly payments skyrocket. Since 2019, more than 1.7 million homes have been bought using adjustable rate mortgages (ARMs), which initially offer a lower, more affordable interest rate than their fixed-rate…

Medical bills may soon be removed from many credit reports. The Consumer Financial Protection Bureau (CFPB) just proposed a rule that would eliminate medical debt from credit reports in an attempt to prevent debt collectors from using the reporting system to get people to pay. The rule also intends to…

Fulton Financial (NASDAQ:FULT) is a company founded back in 1882 and is headquartered in Lancaster, Pennsylvania. The last time I discussed it was two quarters ago, and the main issues were stabilization of the net interest margin and unrealized losses in AFS securities. Since then, management has not been able…

The US Supreme Court has upheld restrictions on the use of firearms by individuals subject to domestic violence restraining orders, in a closely watched case that has weighed in on the balance between gun rights and public safety.In an 8-1 decision, the high court’s majority on Friday argued that barring…

Between half and three-quarters of older adults are diagnosed with pre-diabetes. But what does it mean? And what should you do if you get such a diagnosis? Increasingly, many experts say older patients should not overreact. A diagnosis of pre-Type 2 diabetes often produces anxiety and confusion in seniors. It…