By May 9th, the Michigan Catastrophic Claims Association will be issuing a $400 per vehicle refund to insurers who had valid auto insurance policies on October 31st 2021. This may lead to scammers trying to capitalize on the payments by preying on unsuspecting policy holders. The refunds will be … [Read more...] about Beware of Auto Insurance Refund Scammers!
Financial
Quarter 4 Market Update- A New Year Holds Familiar And New Challenges
The first season of a great television series is often hard to top. The excitement of a new plot, meeting the major characters, and understanding the themes of the show means that every subsequent season will be compared to the first. Well, if 2020 was season one of the pandemic 2021 was the … [Read more...] about Quarter 4 Market Update- A New Year Holds Familiar And New Challenges
Auto Industry Likely to Follow 2021 Trends in 2022
Due to continuing chip shortages and supply chain issues, both used and new car prices are likely to continue to remain high, or even increase further. "The computer chip shortage continues into 2022. It doesn't seem like it's getting better. There are reports out there that it might be getting a … [Read more...] about Auto Industry Likely to Follow 2021 Trends in 2022
Michigan Gas Prices Holding Steady
According to AAA, over the past week Michigan gas prices have steadied after weeks of decline. The average in Michigan on Monday morning was $3.10 per gallon says the organization. In perspective, that’s 19 cents less than this time last month, but almost 90 cents higher than this time last … [Read more...] about Michigan Gas Prices Holding Steady
FANG IS NOW MA MAAN
FANG is an acronym first coined by CNBC’s Jim Cramer in 2013. The acronym stands for Facebook, Amazon, Netflix, and Google. These 4 innovative companies were dominating the conversation and the market at the time. The acronym quickly caught on and became common lingo in the investing … [Read more...] about FANG IS NOW MA MAAN
How to Make the Most out of Your Retirement Accounts
"THE DO'S AND DON'TS OF INVESTING FOR RETIREMENT" DO Diversify your portfolio. This may sound cliché but it is vitally important. Diversification acts as an insulator against the ups and downs of the market. If you own too much in any one company, economic sector, asset type, or country you are … [Read more...] about How to Make the Most out of Your Retirement Accounts
2021 Third Quarter Market Update- The Markets Are Spinning Wheels
A tremendous amount happened this past quarter at least from a geopolitical perspective. As far as the market is concerned nothing significant happened. The DOW opened July at 34,507 and opened on September 30th at 34,467. If you closed your eyes on July 1 and didn’t open them until October 1, you … [Read more...] about 2021 Third Quarter Market Update- The Markets Are Spinning Wheels
Do’s and Dont’s of 401K’s
Now, more than ever, the workplace is in constant change. The level of education and direction regarding what is for most people the largest portion of their retirement, your 401k or 403b, is solely put on your shoulders. With little direction, you may only have an 800 number or website to give you … [Read more...] about Do’s and Dont’s of 401K’s
The Importance Of Financial Literacy and Its Importance In Our Lives
From where did you learn most of your life skills? How did you learn to brush your teeth, read, write, or drive a car? Personally, I learned these things from my parents and teachers. Here is a topic that affects just about every facet of our lives and many parents have limited knowledge of it and … [Read more...] about The Importance Of Financial Literacy and Its Importance In Our Lives
How to Enjoy Retirement and Still Provide a Legacy
For retirees that wish to truly enjoy their retirement but still want to provide a legacy, setting priorities and finding a balance will be key. Most would agree that ensuring one's stability in retirement should be the top priority. The first step to ensuring you can enjoy retirement is to make … [Read more...] about How to Enjoy Retirement and Still Provide a Legacy