Apparently, according to Bloomberg News, Apollo Global Management LLC, the owner of Athene Life Insurance is now in the lead in a joint bid with Guggenheim Partners LLC to purchase the life division from Aviva USA. This puts Apollo ahead of Harbinger Capital LLC, owner of Fidelity and Guaranty. We already know, per the CFO of [...]
You would have to be living under a rock to not know about our looming “fiscal cliff” and national debt issues. It seems as this is a vicious cycle of spending, asking for me, arguing about what to spend it on, needing more money, spending more money, arguing about what side is right, and then [...]
With the all of the uncertainty in the global political and economic climate, where should investors place their retirement savings? For someone who is years off from retirement there are two strategies to employ, one is to be reactive and constantly manage your portfolio making decisions on expected market moves, or two, which to set [...]
Government Economists have said that we would not have a recession in 2013 and I believe them if we get our fiscal house in order. We’re just going to have a boom with a lousy sense of direction. Financial Advisers clients have had a Renaissance of confidence in the last year as Financial Advisers are [...]
When you contribute to a 401(k) it will have contribution limits beyond which you can’t contribute for that year. The 401k contribution limits will increase this year due to an increase in the consumer price index. The following table will show the maximum yearly contribution for the 401k account type every year since 2007. [...]
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