Author: 1st Discount Brokerage

Is it better to be an employee of a company, or is working for yourself the way to go? I think the answer depends on an individual’s preferences, inclinations, stress threshold, know-how, and capital resources. That said, according to the Fed’s Survey of Consumer Finances, it is the self-employed that earn the most money with

#PositiveNews Personal income set an all-time high in May eclipsing the $17 trillion threshold, as reported by the BEA. Last month, personal incomes increased 0.4%, the 11th consecutive rise. Wages, representing the largest source of all personal income, grew 0.3%. Dividend and rental income saw the biggest percentage gains rising by 1.53% and .49% respectively.

Much has changed since the financial crises ended in June 2009. The table below juxtaposes ten important economic indicators. Each gauge brings its insights; collectively the list provides a snapshot of the overall economy. A significant gap exists between those who embrace the prospects of today’s economy and those that see dire straights. As American

Remember the K.I.S.S. principle: Keep it Simple, Save! Retirement is on its way; be prepared! As reported in the Fed’s consumer finance survey, in 2016 the median and mean average family income was $52,700 and $102,700, respectively. The study indicates that 52.1% of Americans have retirement accounts with median assets totaling $60,800 and average assets