How Will A Trade War With China Affect You?

You probably noticed that when President Trump recently declared a trade war against China, it triggered sharp downturns in the stock market. But what exactly is a trade war and what really is a trade deficit? A trade deficit is a monthly calculation made by government economists. The value of products manufactured in China that are purchased in the U.S. are subtracted from the value of products manufactured in the U.S. that are purchased by Chinese consumers.

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How Will Tax Reform Affect Retirees?

First, your 2017 taxes will not be affected. And remember, nothing has passed into law yet, so time will tell if we even end up with any kind of tax reform.

Currently, there are two versions of tax reform: one proposed by the house and the other by the senate. They seem very close:

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Protect Your Nest Egg From A Market Crash

Ever since the stock market hit rock bottom about eight years ago, it’s been going up. But, sooner or later the market will have some kind of correction. Here are three steps you can take to protect your retirement nest egg.

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Is It Time To Ditch The Stock Market?

Now that we are eight years into a bull market, some investors and, most certainly the financial media, are assuming something just has to go wrong. As a result, you are seeing lots of stories about what area of the market is already in a bubble waiting to pop.

Here is an interesting take on some of these so called bubbles from economist, Brian Wesbury.

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Should You Rely On Social Security In Retirement

Once in a while we would run across someone who wants to exclude social security from their retirement plan. This, I think, is a big mistake which could cause people to work longer than necessary, or make cuts to their lifestyle they didn’t really have to make when they look back on things.

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