Dear Chuck, We are senior citizens. My wife thinks we need to start stocking up on some gold. I am not so sure; plus, I would not know how to do it without getting ripped off. Any advice? Gold for the Golden Years Dear Gold for the Golden Years, The Bible speaks to a number […]
Dear Chuck, I thought car prices were going to drop when chips reentered the market. I’m not seeing a drop where I live, and I really need to replace a vehicle. What should I do? Waiting for a Deal on a Car Dear Waiting for a Deal on a Car, Most of us have […]
Dear Chuck, One step forward and two steps back seems to be the story that describes all my efforts to achieve any financial goals. No matter how hard I try, discouragement overtakes me, and I am back to square one with too much debt, too little savings, and not enough motivation to keep trying! […]
Dear Chuck, The Federal Reserve raised interest rates—again. I’m hearing murmurs of a recession, and though most think it will be mild, it creates fear and trembling. How can I prepare myself? Recession Fears Dear Recession Fears, Raising interest rates is a means to try to tap the breaks on inflation. It does not […]
Dear Chuck, I know I’m supposed to save, but I really don’t know how I can or even why I can’t seem to make progress! No Savings Dear No Savings, Well, you are not alone. Saving money is becoming a bigger and bigger challenge for many. According to MarketWatch, nearly one-in-five Americans saved […]
Dear Chuck, I have lost $300,000 in my 401k in the past 12 months, and things appear to be getting worse. I plan to retire in 5 years. Should I get my money out of the market or try to ride out the economic storms? Worried Dear Worried, This question came just last week […]
Dear Chuck, We’re considering hiring a financial advisor to help us develop an estate plan. We want to protect and pass down our assets and possibly set up a giving fund that the children will jointly manage. Any suggestions on how to do this right? Stewarding Our Estate Dear Stewarding Our Estate, It is […]
Dear Chuck, We usually pay down Christmas debt with our tax refund, but I am worried we will not get as much back this year. What can we expect? Waiting for Our Tax Refund Dear Waiting for Our Tax Refund, You are correct; changes to the tax laws are underway, so resetting expectations […]