One item that seems to have been forgotten, or at least received very little press coverage, is that despite having a very strong economy, the federal deficit is going up at a time it would be expected to be dropping. ...
Tagged with: Kevin B. Murray Money Management
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It’s October. The Buffalo Bills are on yet another Super Bowl run, the leaves are turning, and we have weeks with highs approaching 80 degrees and lows reaching the 30s. These are the telltale signs that now is the time ...
Tagged with: Keeping Your Balance Kevin R. Kopp
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Economists define inflation as “a general increase in prices and fall in purchasing power of money.” In recent years inflation has not been a hot topic since it has been relatively tame — in fact, it has averaged less than ...
Tagged with: Kevin B. Murray Money Management
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As the current bull market nears its ninth year, the question is: are we near the end of the long bull market? A bear market is generally considered to be a 20 percent or larger decline in the markets. If ...
Tagged with: Kevin B. Murray Money Management
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Throughout our life we make many decisions that have an impact on our future. How much and what type of schooling/training we receive impacts the jobs for which we may be qualified. Our initial job and the industry it is ...
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Writing (selling) covered calls is a conservative strategy that can enhance the income from one’s portfolio, while reducing the portfolio’s overall risk. Option strategies are often viewed as being very “risky,” while writing covered calls is an option strategy that ...
Tagged with: Kevin B. Murray Money Management
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The first federal minimum wage was set at 25 cents in 1938. Adjusted for inflation, that would be worth $4.13 today. The rate has been adjusted upwards many times since then, most recently in July 2009. The current federal minimum ...
Tagged with: Donald Trump Kevin B. Murray minimum wage Money Management
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Social Security is a part of all of our retirement plans. It is also an area where many make decisions without knowing and evaluating all the options available to them. Often decisions are made that cost retirees a considerable amount ...
Tagged with: Kevin Murray Money Management
Read More »(This article originally appeared in The Bulletin, the official publication of the Bar Association of Erie County. It is reprinted here with permission.) Removal In Iqbal v. Normandin Transit, Inc., No. 15-CV-746A (July 1, 2016), plaintiff commenced an action in ...
Read More »The Federal Reserve System is the central banking system of the United States. It was created by the Federal Reserve Act in 2013. The Fed was set up in response to a series of financial panics, particularly a severe panic ...
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Read More »The second quarter of 2015 has seen job openings reach new highs as unemployment continues its downward trend. Yet the United States Bureau of labor Statistics just reported that the Employment Cost Index (the broadest measure of labor costs), went ...
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Almost every American worker will have or has Social Security as part of their retirement plan. The question all must answer is at what age they should start receiving retirement benefits. As with many financial decisions, the answer is it ...
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