How to Help Clients in or Nearing Retirement Weather a Market Downturn

For those who are nearing retirement or already retired, market downturns and periods of volatility can present particular challenges. These can include a loss of retirement savings and decreased liquidity. The key to helping clients face those challenges is to ensure that they have the right asset mix to help them absorb the shock of…

Capitalized Cost Reduction Definition

What Is a Capitalized Cost Reduction? A capitalized cost reduction is any upfront payment that reduces the cost of financing. A capitalized cost reduction is generally associated with the purchase of a home or automobile. Reductions can be made from cash, the value of a trade-in vehicle, or through rebates. Key Takeaways Capitalized cost reductions reduce the…

What Factors Influence Competition in Microeconomics?

From a microeconomics perspective, competition can be influenced by five basic factors: product features, the number of sellers, barriers to entry, information availability, and location. Each factor hinges on the availability or attractiveness of substitutes and, when no alternatives exist and the company is a single seller of a unique product, a monopoly exists and…

Americans Focus on Improving Their Homes As They Stay There

142%. That’s the increase in demand for professionals to mow and trim lawns during March, according to data released by Thumbtack, an online platform that connects over 10 million customers with local small businesses. The company says there’s been a dramatic drop in activity last month, especially in San Francisco (-61%), San Jose (-60%) and New…

What the Next Trillion Dollar Stimulus Bill May Look Like

Pelosi wants a bill bigger than $1 trillion to fund and expand coronavirus assistance programs A targeted approach with health care as priority is what McConnell advocates Trump supports direct payments, more loans for small businesses and infrastructure spending White House officials discuss tax cuts, 50 Year bond, liability waiver for businesses Growing calls for…