SPRINGFIELD, Mass. — LGBTQ Middle Americans are more likely to worry about the direction of the country, feel less financially secure, and struggle more with personal financial issues than other Americans, according to research by Massachusetts Mutual Life Insurance Co. (MassMutual). “Nearly half (47 percent) of Middle-income earners who are lesbian, gay, bisexual, transgender, queer or…
MILWAUKEE — Despite differences among various minority populations in the U.S., the majority of respondents in an online Harris Interactive survey commissioned by Northwestern Mutual believe financial success is within reach. In the company’s “Elements of Success Study”, 80 percent of respondents in four population segments — Asian American, Hispanic American, African American and LGBT —…
This is a question I am asked all the time. Will I ever get a penny from Social Security? Most people have come to the conclusion that they won’t get anything. Everyone has heard about Social Security running out of money in the about 20 years. However, I would like to go on record to…
A new exchange traded fund (ETF) created in February 2014 allows investors to buy companies that support LGBT equality. It’s called the Workplace Equality Portfolio and trades under the ticker symbol EQLT. This new ETF is one of the few ways the LGBT community can easily invest in publicly-traded companies that support equal rights. The…
There is a report called Making Ends Meet that has been in the news the past few months. This research, put together by the Center on Policy Initiatives, calculated the average income needed to cover basic living expenses in San Diego for different types of families. For instance, a single person needs to make $27,655…
Many people want to know how they compare to others financially. Do they have as much saved up as other people their age? Are they ahead or behind everyone else? It is just one of those human traits we have. There is an interesting Web site that provides a comparison to the average net worth…
DJIA, S&P 500, NASDAQ, and EAFE. Does this feel like reading a menu in a foreign country? For most, it definitely shouldn’t mean much to you. Sure the pretty newscaster says things like “the S&P 500 is up 25 points today”, but you have no clue what S&P 500 stands for. These acronyms mentioned above…
It’s great when people ask me finance questions. Many are embarrassed or afraid to ask financial questions, but that should not be the case. Remember, none of us have been taught about personal finance or investments. It’s just not something we learn in high school or college. There is no reason why you should know…
SAN DIEGO – The San Diego Opera (Opera) will wind down operations upon the conclusion of its final performance of Don Quixote April 13 according to Opera General & Artistic Director, CEO Ian D. Campbell. “After nearly 50 years as a San Diego cultural cornerstone providing world-class performances, we saw we faced an insurmountable financial…
Many California homeowners financially stretch themselves to buy a home. It’s almost inevitable when even a starter home is selling for $400,000 or more. That means big monthly mortgage payments eat up a large chunk of income. It sure would be nice to lower that payment. Maybe even go out to dinner every once in…
