Let’s start with a basic explanation of what Bitcoin is. Bitcoin is a form of cryptocurrency just like the U.S. Dollar is a form of traditional currency. Theoretically, you can use cryptocurrency (crypto) to buy…
The spring months for financial markets were marked with new all-time highs, increased volatility and plenty of geo-political tension. In April, the S&P 500 reached an all-time closing high, while in May many investors were…
What a long, strange trip it’s been. 2019 started out with strong growth as the market jumped in January to an 8% growth rate and continued its rise through February, but a detour emerged in…
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” -Paul Samuelson
Please join Means Wealth Management and its shredding on site partner, Records Management, on Saturday, June 1st, for our annual document shredding event. Bring your old, unwanted financial documents, junk mail, receipts, etc., to be…
Thankfully, the financial markets rebounded in a strong way from the dismal end to 2018. If we had to summarize the year-to-date market performance in a sentence, it would be this: markets rebounded strongly from…
Coke vs Pepsi, Mayonnaise vs Miracle Whip, Twizzlers vs Red Vines – some conversations will go on until the end of time (though the first item listed in each pair is clearly the superior option).…
Tip: Common Indexes. The most common indexes to which the interest on adjustable-rate mortgages is pegged are the 1-Year Constant Maturity Treasury Index, the Cost of Funds Index (COFI), and the London Interbank Offered Rate Index…
Tip: Payment Practices. Depending on the loan, a home buyer who chooses a 30-year mortgage may have the option to make extra payments. In a sense, this enables the borrower to treat the long-term loan like…
Fast Fact: Get Over It. A bad credit score doesn’t last forever. Since your credit score is a “snapshot” of your risk at a particular point in time, it changes as new information is added to…