Could the tremendous influx of quantitative easing aimed at shoring up the economy during the pandemic unleash pent-up inflation or even lead to a dreaded debt spiral? President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is aimed at providing financial relief for the economic downturn caused by […]
Read moreBuy the rumor and sell high, because there’s no such thing as a free lunch. Prediction is difficult, but never catch a falling knife. Cut your losses, no one ever went broke taking profits. October is a peculiarly dangerous month to speculate in stock. The others are July, January, September, April, November, May, March, June, […]
Read moreThe Richest Man In Babylon This is a story about a chariot builder in ancient Babylon named Benazir. Benazir works hard but year after year he remains poor while his friend, Arkad a scribe grows wealthy. One day Benazir asks Arkat for the secret of his great wealth and our cat replies. I found the […]
Read moreThe traditional approach to retirement has been to put your head down and work hard until your mid-60’s, at which point you stop working altogether and enjoy the “golden years.” The idea is that you put in your time over the years and retirement is the reward for your effort; the point when you can […]
Read moreDepressions and recessions differ both in duration and the severity of economic contraction. A recession is a normal part of the business cycle that generally occurs when GDP contracts for at least two quarters. A depression, on the other hand, is an extreme fall in economic activity that lasts for years, rather than just several […]
Read moreThe Coronavirus will have far-reaching impacts for us all. On March 20, 2020 the Department of Education issued a press release that clarified comments made by the President during the emergency declaration on March 13, 2020. The initial announcement did not provide any specific detail on the student loan interest suspension stated by the President. […]
Read moreSuccessful investors can predict changes in the markets, right? Wrong. Let’s look at the three most significant drops in stock prices during the past 25 years. On Monday, October 19, 1987, the Dow Jones Industrial Average fell 508 points, over 22%. Program trading, overvaluation, and market psychology may have played a role in the sudden […]
Read moreCOVID-19 could drastically slash your interest if you currently owe student loans or if you plan on borrowing money for school. Knowing what actions to take could save you a huge sum of money. How low can federal student loan interest due to the COVID-19? According to the CBO, here is the margin added to […]
Read moreWhat is fee only and tax focused advice? As fee only advisor, I do not represent a bank, a brokerage firm, or insurance company. My sole source of compensation is paid directly by clients in the form of a fee. Why is that important? If you don’t know how your advisor is being paid how […]
Read moreThe History Of The Stock Market From Boats to Brokers In 1604, the Dutch East India Company held the world’s first initial public offering that allowed investors to buy shares in its ship’s voyages. Over the years that followed, in the wake of this first IPO, the world’s first stock exchange formed in Amsterdam out […]
Read moreShore Financial Planning is a fee-only financial advisor based in Monmouth Beach, New Jersey. As a fee-only/commission-free/flat-fee financial planner, I do not sell products or collect commissions. I am a fiduciary financial planner that specializes in tax-focused planning as a CERTIFIED PUBLIC ACCOUNTANT (CPA), and CERTIFIED FINANCIAL PLANNER™ CFP® professional. I serve clients in New Jersey and remotely throughout the U.S.A.