Dec 31, 2021

House Democrats have unveiled their wish list for higher taxes.  Among other things, they want to raise the top income tax rate to 39.6% and the top corporate tax rate to 26.5%.  But investment manager David Rubenstein tells CNBC these numbers are not set in stone, so is it even possible to prepare for higher taxes when...

Dec 24, 2021

CNN’s Anderson Cooper comes from a very rich family.  His mother was heiress and fashion designer Gloria Vanderbilt.  But if you think he inherited a chunk of money upon her passing, think again. In fact, Cooper tells People magazine that he plans to do the same with his son.  For those following a similar route with...

Dec 17, 2021

Liz Weston, a personal finance writer for Nerd Wallet, says you can gain … or lose … as much as $100,000, just by the way you claim Social Security!  And she says you never want to make your claim based on something a Social Security employee tells you.  But if we can’t rely on someone who works there to give us...

Dec 10, 2021

How safe do you think your Social Security benefits are? According to a new Nationwide survey, 71% of Americans believe the Social Security program will run out of money during their lifetime!  Steve discusses this as well as if we can count on Social Security to help fund our retirement!  

Dec 3, 2021

Warren Buffett has a riddle that he likes to pose to investors:  'If you call a dog's tail a leg, then how many legs does it have?'"  The answer is … four … because calling it a leg still doesn't make it one.  His point is that we need to be skeptical about investments because bankers and CEOs sometimes present...