When you think of investors, what do you see? Men in suits strolling down Wall Street? The Sad Guys on Trading Floors blog? Your parents chatting on the phone with their financial advisor? A lot of Millennials don’t picture themselves as investors, and that’s a problem. According to a Facebook study on Millennials and money, our generation is 1.6 times … Continued
In December, the Federal Reserve increased the federal funds rate for the first time since 2006. This boost, which raised interest rates, should be great news for savers, who have had to accept almost laughably small yields on their cash for the past decade. But when NerdWallet looked at interest rates on savings over the … Continued