Author: Trevor Gerszt

With the recent changes Congress made to retirement savings laws, more firms today will be able to market annuities to those enrolled in workplace retirement programs. Insurance companies lobbied hard for those provisions, hoping to capture a piece of the trillions of dollars Americans have invested through workplace 401(k) and retirement savings plans. But while […]

Many people like to joke about how Congress always drags its feet on important pieces of legislation or on important societal issues. One need only look at the crisis facing Social Security, something that Congress hasn’t focused on at all, to see a crystal clear example of it. But every now and then Congress makes […]

The Social Security System has operated for over 80 years as a final backstop to prevent seniors from living out their last years in absolute poverty. While the system was never intended to be the sole source of retiree income, many seniors over the years have come to rely more and more heavily on Social […]

The stock market bull run of the past few years has created more than a few 401(k) millionaires. But with economic headwinds increasing, including a trade war that shows no signs of abating, many investors are getting nervous about just how long they’ll remain 401(k) millionaires. Investors who have made their money in stock markets […]

It’s that time of year again, when families around the country gather together to eat turkey, watch football, and give thanks for everything they’ve been blessed with over the past year. Investors are no different, particularly given the performance of stock markets over the past few years. But for many investors looking warily at stock […]

Most people realize that the amount of debt in existence worldwide is enormous, but how enormous isn’t immediately obvious. Many people may even labor under the erroneous impression that the debt bubble has improved since the financial crisis, since surely businesses and individuals learned their lesson from that crisis. But the reality is that the […]

With stock markets reaching another record high this week, albeit just barely, even those who strongly believe that a recession is just around the corner are beginning to have second thoughts. That’s only natural, as stock markets have been essentially in a holding pattern for nearly two years. After breaking through multiple thousand-point barriers beginning […]

Most investors learn early on that stocks are the best way to grow their wealth. It’s a lesson that has become accepted throughout the investment community and isn’t questioned at all. So many investors have made so much money through their 401(k) plans, IRAs, and brokerage accounts that no one ever thinks about whether there […]

With the dotcom bubble having burst in spectacular fashion in 2000, the housing bubble having resulted in the financial crisis in 2008, and now the everything bubble on the verge of bursting, it’s no wonder that many investors have been shy over the years about investing in stock markets. While they can make major gains […]

Over a decade removed from the financial crisis, you would think that banks and financial institutions had learned their lesson from the crisis. With the banking system supposedly on the verge of collapse in 2008, only an enormous government bailout and massive injections of liquidity from the Federal Reserve System staved off a complete collapse. […]