Farrauto Wealth Management

Happy Independence Day!

Diego Maradona offers central bankers enduring lessons Recent years ought to have reduced the importance of a skilful feint. They have not.

Should You Tell Your Employer About Your Side Hustle? This One Non-Negotiable Step Will Reveal the Answer, Expert Says. By definition, a side hustle takes place in addition to (and likely completely outside of) a 9-5 — but that doesn't always mean it should stay a secret.

The Random Path to Stock-Market Riches Wall Street Journal columnists threw 12 darts at stock-market listings a year ago. The biggest takeaway from all of it was that, while there were a few other winners, a single stock was responsible for ALL of their net gains. That hews to reality. A long-term study of U.S. stock returns by Hendrik B...

Fewer Young Men Are Going to College — Here's a State-By-State Breakdown of Where They'll Have the Best and Worst Job Prospects Some top companies have gotten rid of college degree requirements altogether.

‘Follow Your Dreams’ and Other Terrible Career Advice Too many of us, young and not so young, have been told too many lies about what it takes to succeed at work—and not nearly enough truths.

Social Security Is in Trouble—for Real. When to Claim Your Benefits. Many Americans worry about the future of Social Security, and rightly so. But that’s not a good reason to claim your benefits early.

'Sell in May and Go Away': Definition, Statistics, and Drawbacks "Sell in May and go away" is a well known saying in finance. It is based on stocks' historical underperformance during the six-month period from May to October.

Kiplinger's: How to Adjust Your Portfolio for Each Version of 'Flation' Inflation has caused plenty of angst at the grocery stores, but it can wreak havoc with your portfolio too.

The lesson of Loki? Trade less The more attention we pay to our investments, the more we trade, and the cleverer we try to be, the less we will have at the end of it all.

How To Reduce Hustle And Increase Happiness Hustle can be terrible for your wellbeing. Discover ways to resist hustle culture from procrastination and perfectionism to managing boundaries and finding the best job.

A man who 'hopes he runs out of money' before he dies explains why you may not need as much cash to retire as you think Bill Perkins wants to spend every penny before he dies, he explains in his book "Die With Zero." He thinks most people are saving too much for retirement, given that a lot of it goes unused. One in three retirees increase their wealth, and most curb their spending naturally, he explains.

Money Advice Every Parent Should Give Their Children Most schools don’t have a financial planning curriculum. The burden of teaching financial literacy is left to parents. Imparting the below money tips to children starting at a young age can drastically change the child’s relationship with money and help secure their financial future.

The Rules for RMDs Are Complicated. They Have Changed Yet Again. Under new rules, people with tax-deferred retirement accounts must beginning taking required minimum distributions at age 73.

What Is Stagflation, What Causes It, and Why Is It Bad? Stagflation is an economic cycle characterized by slow growth and a high unemployment rate accompanied by inflation. Economic policymakers find this combination particularly difficult to handle, as attempting to correct one of the factors can exacerbate another.

Video: McDonald’s Burgers Are the New Dividing Line in America McDonald’s prices are cutting out customers who make less than $45,000 a year, which is about one-third of Americans. It hasn’t hurt the Golden Arches – by any measure, business is booming. But it’s a stark reminder that a growing number of people in the US are struggling to afford the basic...

Our wild spending spree Why high prices have failed to curb America's appetite for shopping

Beware The Tax Traps Sprung On Those Who Move In Retirement High-tax states try to tax residents who moved to lower-tax states.

How Success Often Hinges On The Sacrifices We Make Our ability to resist temptation often plays an important role in whether or not we achieve our goals, particularly those related to health and fitness.

How to Discuss the Undiscussables on Your Team Despite all the focus on fostering psychologically safe workplaces, teams remain rife with undiscussables: topics that are too obscured or feel too challenging to surface and discuss.

advisorstream.com

Want to Enjoy Your Retirement? Consider Delaying It Retiring at 65 or even 67 is just not realistic for most people’s finances — or the government’s. So both the public and politicians need to give up on the idea that each successive generation is entitled to a longer retirement than the last. Instead, the US needs to rethink not only the labor...

Over 4 Out Of 5 People Say Their Stress Primarily Comes From Work. An employer can be a source of stress — and data clearly shows that — but can also be a source of strength for connection, community, belonging, and purpose. Research shows a 15% reduction in healthcare spending when companies invest in mental health resources for their employees, and regular us...

Trump Tax Cuts Are Set to Expire by 2026. What Money Pros Are Telling Clients. Provisions of the 2017 Tax Cuts and Jobs Act are set to sunset at the end of 2025. Here’s what financial advisors are doing to protect their wealthiest clients.

Sakura season and the art of savouring Learning to savour life’s joys and raptures is just as important a skill as knowing how to cope with the negative when it comes to emotional and physical wellbeing.

The Inconvenient Truth About Medical Debt Relief More than 40% of American adults have medical debt. Has medical debt relief actually helped individuals who received it?

The big new way to get rich Want to make a fortune? Target bored young men who want to make a fortune.

39 Personal Finance Lessons In Honor Of My 39th Birthday In honor of his 39 years, the author has compiled a list of 39 personal finance lessons. They are timeless and should be as relevant many decades in the future as they are today.

Goodbye cod, hello herring: why you should put a different fish on your plate Why do people reject so much of the bountiful catches from our seas in favour of the same few species, mostly imported – and how to change that.