Well here we are on December 31 and there’s still no deal on Capitol Hill to avoid the Fiscal Cliff. Negotiations on Sunday had Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell holding closed-door meetings. Their goal was to reach a compromise by mid-day but they fell short even as Vice president Joe Biden joined in.
“When we meet real tragedy in life we can react in two ways — either by losing hope and falling into self-destructive habits or by using the challenge to find our inner strength.” That inspiring thought comes from the Dalai Lama and it is certainly applicable in the wake of the unfathomable tragedy in Newtown Connecticut.
Know what you are paying for and know how your advisor gets paid.
When State Street’s Applied Center for Research recently asked retail investors what steps they needed to take over the next ten years to prepare for retirement the number one response (40 percent) was to becom