2023 will bring historic changes for retirees on Social Security

(Katie Brockman) Social Security can go a long way toward making retirement more affordable, but as inflation continues to rise, it is becoming increasingly difficult for fixed-income retirees to make ends meet. Fortunately, relief could be on the horizon. Next month, the Social Security Administration (SSA) will announce cost of living (COLA) for the year … Read more

4 Strategies To Try If You Need Extra Money From Your Investments | Smart Change: Personal Finance

(Sam Swenson, CFA, CPA) When it comes to success long term investmentIt’s good to focus on it full back: Combine price hikes and dividends. However, there are times when you might consider optimizing your cash flow instead. If you have upcoming liabilities that cannot be covered by your job income alone — such as an … Read more

3 Unstoppable Investments Everyone Needs in Their Portfolio | Smart Change: Personal Finance

(Chuck Salita) With the stock market plummeting throughout most of 2022, investors are rediscovering the risks involved in investing. The unfortunate truth is that your money is there Always At risk of experiencing some kind of loss, whether invested or not. As a result, it is very important that you put parts of your money … Read more

Better Buy: Tesla Stock or Nasdaq Fund? | Smart Change: Personal Finance

(Mark Blank) after, after Tesla‘s (NASDAQ: TSLA) A recent 3-for-1 stock split, you might be wondering if now is the perfect time to buy Elon Musk’s dynamic electric vehicle (EV). The split was not beneficial to the stock; Its price has fallen by almost 10% since its entry into force. But this drop likely has … Read more

Do you think you should not enroll in Medicare before Social Security? Think again | Smart Change: Personal Finance

(Morri Bachmann) The decision to enroll in Social Security is a big one. That’s because your filing age will determine how much monthly benefit you are entitled to throughout your retirement. You can register for Social Security as soon as possible age 62. But you can’t claim your full monthly benefit based on your salary … Read more

Why is the P/E ratio so beneficial for investors during these times | Smart Change: Personal Finance

(Stephon Walters) Value investing is a strategy that can produce significant returns when done right. When investing in value, investors look for stocks that are trading below intrinsic (true) value. For example, if the intrinsic value of a stock is $100, but it is trading at $80, a value investor might invest, and one day … Read more

Why is the P/E ratio so beneficial for investors during these times | Smart Change: Personal Finance

(Stephon Walters) Value investing is a strategy that can produce significant returns when done right. When investing in value, investors look for stocks that are trading below intrinsic (true) value. For example, if the intrinsic value of a stock is $100, but it is trading at $80, a value investor might invest, and one day … Read more